Price cuts cause Tesla 1Q income, profit margins to fall

DETROIT (AP) — Price reductions across the model lineup cut into Tesla’s first-quarter net income, causing it to fall 24% from a year ago. The Austin, Texas, electric car and solar panel company...

Bitcoin BTC Price Hovers Near $29.3K After Binance Sell Order, UK Inflation Data

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

LRCX Stock: Lam Research Disappoints With Outlook

Semiconductor equipment vendor Lam Research (LRCX) late Wednesday topped Wall Street’s targets for its fiscal third quarter but disappointed with its outlook for the current period. LRCX stock f...

American rapper Soulja Boy accused of scam Twitter promotions and NFT drops

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain sleuth @zachxbt has brought to attention that American rapper Soulja Boy has been scamming people with his 16 ...

Tesla Earnings Met Expectations. The Stock Is Dropping.

Tesla reported earnings after the market close on Wednesday. The electric-vehicle maker’s decision to slash prices impacted its profits. Saul Loeb/AFP via Getty Images Text size Tesla earnings met exp...

Shared Sequencers: The Quest for Decentralization Continues

Rollups are relatively new tools in the quest to scale Ethereum’s ecosystem that seem to be garnering attention in blockchain developer circles lately. In the quest to reduce fragility and centralizat...

IBM Posts Mixed Quarter as Consulting Arm Faces Economic Pressure

IBM posted first-quarter revenue about in line with Wall Street estimates, while profits slightly topped expectations. The legacy tech giant provided a solid full-year outlook, while acknowledging som...

Pepemon Announces Pepechain Launch to Enhance Meme Projects and Crypto Gaming

TOKYO–(BUSINESS WIRE)–The highly anticipated Pepechain, a state-of-the-art blockchain rollup tailored for meme projects and crypto gaming, is scheduled for launch later this year. Pepechain will cater...

DOGE Price Prediction: Dogecoin Targets to hit $1 on Dogeday?

The DOGE community eagerly anticipates a potential “meme pump” on April 20. Dogecoin traders dubbed April 20th as “Dogeday” as the day is closely associated with the meme-coin. A popular crypto analys...

Maple Finance offering allows global investors to access U.S. Treasury bills

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...

Generic Abortion Pill Manufacturer Sues FDA As Mifepristone Faces Supreme Court Battle

Topline The manufacturer of a generic version of the abortion drug mifepristone sued the Food and Drug Administration on Wednesday to prevent any new restrictions on the pill, ahead of a Supreme Court...

Shiba Inu (SHIB) Price Momentum Dips: What’s the Outlook?

Shiba Inu price crashed 8% since hovering near $0.000012 on April 16. The recent crypto industry-wide correction appears to spread across the Shiba Inu ecosystem. Can the demand zone at $0.000010 stop...

Sotheby’s to auction NFTs from 3AC collection

Sotheby’s has announced it will auction “an extraordinary digital art collection” in a GRAILS series set to begin in May and run throughout 2023. According to the auction house, the iconic collection ...

tomi preps to debut the first privacy stablecoin with launch…

Anonymous crypto project tomi launched Tuesday tomi Privacy Layer (TPL), its encrypted privacy layer on Ethereum, and unveiled plans to release tomi private usd (tpUSD), its stablecoin pegged to the v...

Debt ceiling drama is back and it’s coming for markets. Here’s what to know as a deadline looms.

Good morning, market watchers. I’m senior editor, Max Adams, standing in for Phil Rosen today. Earnings season continues apace, with a big week for first-quarter results rolling on. As of yester...

Thai crypto exchange Zipmex seeks two month creditor protection extension

Thai crypto exchange Zipmex filed an application with the Singapore court seeking a 2-month extension of its moratorium period. Zipmex’s bailout investor is reportedly demanding back the loan it exten...

Tesla Beats Revenue Estimates—But Stock Still Drops After Earnings Report Released

Topline Shares of Tesla dipped in after-hours trading Wednesday following the release of first-quarter earnings topline numbers that were largely in line with Wall Street’s expectations, though the co...

Taylor Swift Takes Stand Against Shady Crypto Deals, Walks Away From $100 Million

A recent report by Business Insider revealed that Taylor Swift pulled out of a $100 million sponsorship deal with Sam Bankman-Fried and his crypto exchange, FTX. The popular singer was the only celebr...

Disney reportedly planning more layoffs next week

Disney (DIS) is reportedly planning thousands of job cuts next week, which will include slashing 15% of its entertainment division. According to Bloomberg, the cuts will impact several areas within th...

Developers can now deploy Space and Time data warehouse directly from the Microsoft Azure Marketplace

Advertisement &nbsp &nbsp Renowned digital computing firm Microsoft announced today that it had entered a new collaboration with Space and Time to integrate infrastructures th...

Goldman Sachs is offering savers a 10-month CD with a 5.05% APY—should you open an account?

Big banks and the Federal Reserve have faced an uphill battle in recent months amid major bank failures and red-hot inflation. Even so, there are some clear winners. Savers have benefited from record-...

U.S. Judge Sets Deadline For Filing BlockFi’s Reorganization Plan

On Wednesday, the deadline for the cryptocurrency platform BlockFi Inc. to file its Chapter 11 or reorganization plan has been extended to the mid of the following month by a bankruptcy judge in the s...

‘It Has Taken A Village’ For Cusick Motorsports Indianapolis 500 Effort As CareKeepers Elevated To Primary Partner

IndyCar driver Stefan Wilson and the No. 24 Cusick Motorsports Dryer & Reinbold Chevrolet that will … [+] compete in the 107th Indianapolis 500 Cusick Motorsports Photo Former driver Anders ...

StabilityAI launches StableLM open-source alternatives to ChatGPT

The large language model sector continues to swell as StabilityAI, maker of the popular image-generation tool Stable Diffusion, has launched a suite of open-source language model tools. Dubbed, Stable...

Warren Buffett dumped several banks after spotting red flags in their financials. Here’s what spooked him, and which stocks he sold.

Warren Buffett.REUTERS/Rick Wilking Warren Buffett sold his stakes in several banks after spotting red flags in their financials. The famed investor said their bosses were acting recklessly and mislea...

Starbucks Odyssey Releases Second Limited-Edition NFTs, “The First Store Collection” Stamps

Level 1 will require 1,000-2,999 points and reward choices are a virtual coffee class, a Starbucks coffee passport or to make a charitable donation to Feeding America. For 3,000-5,999 points, members ...

Amazon Stock Today: How This Diagonal Put Spread Trade Could Earn As Much As $185 By April 28

Amazon (AMZN) is slated to report earnings on April 27. It may be a good time to take advantage of some volatility skew around that event. For Amazon stock, the diagonal put spread strategy involves t...

Bitcoin on-chain fundamentals stay solid as investors hold tight amid exchange outflows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor co...

TD Spots a Red Flag Not Seen Since 2007 Coming for the Corporate Bond Market

(Bloomberg) — Last month’s banking drama means a technical tidal wave may be coming for the biggest slice of the $10 trillion market for corporate bonds. Most Read from Bloomberg That’s accordin...

Romanian Government NFT Trading Platform Lands on MultiversX

Romania’s National Institute for Research and Development in Informatics, or ICI, plans to launch “ICI Decentralized Services,” an NFT trading platform on MultiversX. The platform will officially laun...

How Billionaires Like Jeff Bezos, Elon Musk and George Soros Pay Less Income Tax Than You – And How You Can Replicate The Strategy. It’s Legal

Most billionaires don’t get to where they are by earning a salary. And that also means they might pay less income tax than Americans who make a living through wages. According to a report from ProPubl...

Astra Network Enhances Its Deep Learning Model for Crypto Trading

Market News Astra Network is a model that shows high accuracy and profitability in competitions. It uses neural networks which is designed by a team of experts in tech and finances to develop unique c...