Upstart Stock Plunges 45% as Revenue Guidance Disappoint
(Upstart) Shares of Upstart Holdings fell more than 45% in premarket on Tuesday after guiding a revenue of $295 million to $305 million in the second quarter of 2022. The…
(Upstart) Shares of Upstart Holdings fell more than 45% in premarket on Tuesday after guiding a revenue of $295 million to $305 million in the second quarter of 2022. The…
(AMC) Shares of AMC rose more than 5% in premarket on Tuesday after reporting revenues of $785.7 million in the first quarter of 2022. The revenue was a rise from…
(Binance) Binance has temporarily suspended withdrawals of LUNA and UST tokens, citing high levels of transaction volume. The move by Binance happens a day after UST lost peg against the…
(New York Fed) The median inflation expectations over the next year in the US fell to 6.3% in April from 6.6% in March. The median three-year inflation expectations still rose…
(Bloomberg) Shares of Rivian Automotive Inc. fell more than 17% on Monday after reports emerged that Ford was selling its 8 million shares in the company at a discount. The…
(Palantir) Shares of Palantir fell more than 15% in premarket on Monday after posting a profit of 2 cents per share, missing expectations of 4 cents per share. The missed…
(BioNTech) BioNTech expects to hit its 2022 vaccine revenue guidance of between 13 billion euros and 17 billion euros. The affirmed guidance happens after BioNTech reported total revenues of 6.375…
(NBS) Exports from China rose by 3.9% in April from the prior year, marking its weakest rate since June 2020. The weak exports in April reflected the impacts of Covid-19…
(CryptoCompare) A total of 5.20 million addresses held Cardano in April, a new record high and an increase of 2.99% from the previous month. In the same month of April,…
(Twitter) The Luna Foundation Guard is seeking to lend Bitcoin and TerraUSD reserves as its algorithmic stablecoin lost peg against the US dollar. LFG said that the stablecoin UST experienced…
(Vale) Vale has agreed a deal to sell Class 1 low-carbon nickel to electric car maker Tesla from its Canada’s operations. Vale says it targets to deliver 30% to 40%…
(Bloomberg) American software firm Palantir Technologies Inc. has inked a 10-million-pound agreement with the United Kingdom to automate transactions and cut down processing time. The agreement covers a 12-month contract…