Nkarta Stock Soars 92% on Promising Results of Cancer-Treatment
(Nkarta) Shares of Nkarta Inc. rose more than 92% on Monday after the company announced positive outcome from a Phase 1 trial of its cancer treatment. Nkarta said that its…
Coca-Cola EPS Grows 23% as Revenues Hit $10 Billion
(Coca Cola) Coca-Cola reported a $0.64 earnings per share in the first quarter of 2022, an increase of 23% from the previous year. The company’s revenue was $10.5 billion in…
Twitter Gains 4% on Reports It Could Sell Itself to Musk as Soon as This Week
(WSJ) Twitter stock surged more than 4% on Monday after reported talks for a buyout by Elon Musk, with a deal expected as soon as this week. Musk is said…
Central African Republic Yet to Adopt Bitcoin as Legal Tender but Allows Legal Use
(Cointelegraph) The Central African Republic has legalized the use of crypto in its financial markets, but the country is yet to declare the digital assets as a legal tender. The…
Euro Area and EU Post Increases in Construction Output in February
(Eurostat) Production in construction improved by a monthly 1.9% in the euro area in February, while it also posted gains of 1.1% in the EU. The gains in construction output…
Nissan Shares Slip on Reports Major Shareholder Renault Could Cut Stake
(Reuters) Nissan Motor Co. shares fell more than 5% on Monday after reports emerged that its top shareholder Renault SA could reduce stake. Renault is said to have hinted of…
Verizon Falls 6% as Earnings Fall in Q1 2022, Lowers Prior Guidance
(Verizon) Shares of Verizon Communicates traded 6% lower on Friday after reporting an EPS of $1.09 in the first quarter of 2020, lower than $1.27 in the prior year. The…
DWAC Gains 9% as Trump’s Truth Social Migrates to Rumble
(Rumble) Shares of Digital World Acquisition Corp. rose more than 9% on Friday after Donald Trump’s social media platform, Truth Social, migrated to the cloud through Rumble. Rumble said that…
Polygon Selected to Power Stripe’s New Feature for Crypto Payments in USDC
(CoinDesk) Stripe is onboarding Ethereum scaling platform Polygon to power its crypto payments using stablecoin USDC. Stripe says the initial crypto payouts will be made using USDC stablecoins native to…
UK Private Sector Grows the Slowest in 3-Months in April
Source: S&P Global The UK private sector slowed in April, with the activity index in services businesses hitting 57.6, a three-month low, and below 60.9 in the previous month. FTSE…
Bitcoin Core Update Allows Support for Apple’s M1 Family Chips
(Twitter) Web3 developer and researcher Zhixiong Pan has announced the release of the final update of the Bitcoin Core 23.0 version. Pan says the version includes the addition of macOS…
Eurozone Growth Hits a 7-Month High in April Amid Manufacturing Declines
(S&P Global) The Composite Output Index, gauging growth in the Eurozone, reached an index of 55.8 in April, a seven-month high and higher than 54.9 in March. Growth was mainly…
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