NIO Delivers 7,024 Vehicles in May 2022, up 11.8% YTD
(NIO Inc) NIO announced that it delivered 7,024 vehicles in May 2022, consisting of 746 ES8s, 2,936 ES6s and 1,635 EC6s, and 1,707 ET7s. Year-to-date, NIO said it delivered 37,866…
UK House Prices Rise by 0.9% in May but Slows on a Yearly Basis
(Nationwide) The UK house prices taking into account the seasonal effects, increased by 0.9% in May from April, its tenth straight month of gains. Following the May gains, the house…
Optimism Encounters Hitches on Heavy Demand After Airdrop
(Twitter) Moments after the launch of the highly anticipated airdrop by Optimism on Wednesday, users reported failed delayed transactions following overwhelming traffic. After several hours of work we were able…
Salesforce Stock jumps 7% After Upgrading Guidance Amid Lower Q1 2023 Earnings
(Salesforce) Shares of Salesforce rose more than 7% in premarket on Wednesday despite its net income in the first quarter of 2023 falling to $28 million. The income was lower…
US Consumer Confidence Slides in May as Labor Market Conditions Soften
(The Conference Board) The index of consumer confidence was recorded at 106.4 in May, falling slightly from 108.6 in April. Consumers accessed the current business and labor market conditions less…
Polkadot’s Moonbeam to Integrate Lido for Liquid Staking on the Network
(CoinDesk) Polkadot’s connectivity layer Moonbeam is working with Lido DAO to allow liquid staking on the blockchain. MixBytes, a staking specialist, facilitated the integration. Under liquid staking, users supporting Polkadot’s…
US House Prices Jumped by an Annual 20.6% in March
(S&P Dow Jones) The Home Price Index covering all the nine census divisions of the US rose at an annual 20.6% in March, accelerating from 20.0% the previous month. The…
Yamana Gold Soars 6% After Premium Deal to Be Acquired at $6.7B by Gold Fields
(Yamana) Shares of Yamana Gold rose more than 6% on Tuesday after agreeing to be acquired by Gold Fields Limited at $6.7 billion. The deal values Yamana at a premium…
GSK Announces Deal for Biopharma Affinivax at $3B in Expansion Move
(Affinivax) GlaxoSmithKline has agreed to acquire clinical-stage biopharmaceutical company Affinivax for $3 billion. GSK is expected to pay $2.1 billion upfront and up to $1.2 billion after reaching certain pediatric…
TherapeuticsMD Stock Soars 336% After Premium Deal by Affiliate of EW
(TherapeuticsMD) Shares of TherapeuticsMD rose more than 336% in premarket on Tuesday after agreeing to a merger acquisition at $10.00 a share by an affiliate of EW Healthcare Partners. At…
Newly Minted LUNA Jumps 48% on Binance Listing
LUNA 2 rallied more than 48% on Tuesday after the newly minted Luna token was listed on the leading crypto exchange Binance. The listing came after Binance completed the airdrop…
Inflation in the Euro Area Claims Another Record High of 8.1% In May
(Eurostat) The annual inflation in the euro area was estimated to have climbed to a record 8.1% in May, eclipsing the 7.4% posted in April. Energy was the main driver…
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