US Inflation Cools to a Monthly 0.3% Jump in April
(BLS) Consumer prices in the US rose by 0.3% in April from the previous month, a slower gain compared to an increase of 1.2% in March. The food index increased…
(BLS) Consumer prices in the US rose by 0.3% in April from the previous month, a slower gain compared to an increase of 1.2% in March. The food index increased…
(Rocket) Rocket Companies, Inc. reported a net income of $1.037 billion in the first quarter of 2022, more than half of an income of $2.777 billion in the prior year. …
(Veru) Shares of Veru Inc. rose more than 35% in premarket on Wednesday after FDA said it was due for an emergency authorization of Sabizabulin in hospitalized COVID-19 Patients. FDA…
(NBS) China’s inflation rose by 2.1% in April from the prior year, compared to 1.5% in March and higher than estimates of a 1.8% gain. The producer prices also accelerated,…
(Unity) Shares of Unity Software fell more than 28% in premarket on Wednesday after posting a record $320 million in revenue in the first quarter of 2022. The revenue was…
(Coinbase) Shares of Coinbase traded 17% lower on Wednesday after the first quarter of 2022 revenues came at $1.17 billion, lower than estimates of $1.48 billion. The revenue was 27%…
LUNA token exchanged hands at $4.51 as of 3:40 a.m. ET on Wednesday, representing a decline of 85% in just 24 hours. The slide was related to a further worsening…
(FT) Citigroup, BNY Mellon, and Wells Fargo are showing more digital asset embrace after participating in a $105 million funding round for crypto tech firm, Talos. The Series B financing…
(Peloton) Peloton reported a net loss of $757.1 million in the third quarter of 2022, almost three times worse compared to expectations of a $266.5 million loss. The loss widened…
(Novavax) Shares of Novavax fell more than 25% in premarket on Tuesday after reporting adjusted earnings per share of $2.56 in the first quarter of 2022. The earnings missed expectations…
(NFIB) The NFIB optimism index that gauges confidence among the small business owners held at 93.2 in April, the lowest in two years. Concerns about stagflation held back the small…
(Pfizer) Shares of Biohaven Pharmaceutical rose more than 72% in premarket on Tuesday after news Pfizer will acquire it for $11.6 billion in cash. The deal values Biohaven at $148.50,…