(Reuters) Shares of blank-check company Digital World Acquisition Corp. traded 14% lower on Monday after a deal to take Trump Media & Technology Group hung in balance. The fall in…
(CoinTelegraph) The number of crypto owners grew significantly last year, with nearly 50% of all owners worldwide purchasing cryptocurrencies for the first time last year. Gemini, a crypto exchange, surveyed…
(CNBC) Shares of the social media giant rose more than 25% in premarket on Monday after Tesla CEO Elon Musk bought around 9% of stake in the company. The total…
(Reuters) Returning Starbucks former CEO Howard Schultz has announced a suspension of the company’s stock repurchase program as he comes back to lead the coffee chain. Schultz says the stock…
(Sentix) The economic sentiment index in the euro deteriorated by 11 points to -18 points at the beginning of April. At -18 points, the sentiment index is at its weakest…
(ISM) The economic activity in the US manufacturing sector slowed in March, with the PMI at 57.1% in March, down by 1.5% from Feb. and the lowest reading since September…
(CoinDesk) Citi strategists believe that the metaverse economy’s total addressable market would be somewhere between $8 to $13 trillion by 2030. The bank believes that the metaverse would be akin…
(BLS) The total nonfarm payroll employment increased by 431,000 in March, with job gains posted in multiple sectors. The unemployment rate fell by 0.2% to a lower 3.6% in March.…
(Redwire) Shares of Redwire Corporation lost more than a quarter of value on Friday after reporting a loss of $61.5 million in FY21, worsening by $47.2 million from the prior…
(Xpeng) Shares of Xpeng rose more than 8% on Friday in premarket after announcing 15,414 vehicle deliveries in March, up 202% from the prior year. The deliveries rose by 148%…
(Bloomberg) Alibaba shares rose more than 6% as other major Chinese firms listed in the US gained on news that Beijing will give full access to audits of most entities…
(Li Auto) Electric car maker Li Auto said that it delivered 11,034 vehicles in March 2022, an increase of 125.2% compared to the previous year. Following the robust deliveries in…