A broad bear market has taken the S&P 500 down over 20% this year, with high-growth tech stocks faring the worst as central banks worldwide raise interest rates to fight inflation. Elon Musk’s Tes...
Tag: Company
Ripple Named Top-Selling Company on Private Investment Platform
– Advertisement – Linqto ranks Ripple among the three top-selling companies. Leading private investment platform Linqto has named Ripple Labs among the top-selling companies on its platfor...
Altria to claim $483 mln capital loss on cannabis company ownership stake
Altria Group Inc. MO, -0.56% said Monday it will continue to evaluate prospects of cannabis company Cronos Group Inc. CRON, -3.86% on whether it will acquire additional common shares of Cronos or disp...
Self-driving truck company TuSimple to lay off hundreds days before Christmas: report
Global self-driving trucking company TuSimple Holdings Inc. is reportedly set to lay off at least 700 employees next week, just before the Christmas holiday. The San Diego-based tech company, which ha...
Tyrese Haliburton, A Cheribundi Investor, Uses Company Products To Stay Healthy And In-Shape
INDIANAPOLIS, INDIANA – NOVEMBER 23: Tyrese Haliburton #0 of the Indiana Pacers dribbles the ball in … [+] the first quarter against the Minnesota Timberwolves at Gainbridge Fieldhouse on ...
Crypto company Amber raises $300 Million to address FTX damage
According to recent reports, the Singapore-based cryptocurrency trading firm Amber Group has raised $300 million to tackle the disgrace of the fallen crypto exchange FTX. Funds raised for clients suff...
Inside The Company That Uses Robots To Deal With Cat Poop
Here’s the scoop on how Whisker, maker of the Litter-Robot with $180 million in sales this year, aims to get stinking rich from the business of kitties doing their business. Eric DosSantos loves his c...
Accenture Invests in Transparent Computing Company Mobeus
NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has made a strategic investment through Accenture Ventures in Mobeus, a technology company pioneering immersive experiences through transparent computing...
Bitcoin Mining Company Bitfarms Receives Delisting Warning From Nasdaq
Cryptocurrency mining company Bitfarms announced Wednesday that it had received a warning from Nasdaq Stock Market LLC that it was not in compliance with its minimum bid price requirements. The Canad...
SOFI Stock Price Analysis: How Biden’s Proposal For Student Loan “Relief” The Company?
Finance industry has become the biggest industry globally with $109 Trillion revenue generated in 2020 according to the Federal Reserve. SoFi Technologies (NASDAQ: SOFI) is among the companies making ...
Mattress Company Serta Simmons Prepares to File for Bankruptcy Protection
(Bloomberg) — Serta Simmons Bedding is preparing to seek bankruptcy protection as soon as January, according to people with knowledge of the situation. Most Read from Bloomberg The closely held ...
Japanese power company to utilize excess power for crypto mining
A major Japanese utility company, Tokyo Electric Power Grid (TEPCO), is working with local mining rig manufacturer TRIPLE-1 to capitalize on excess power on its grid. In September, TEPCO established a...
Binance CEO CZ Says His Company Will “Survive” Crypto Winter
Alex Dovbnya Binance CEO Changpeng Zhao has warned about “tough months ahead” for industry while stressing that exchange would survive crypto winter In a memo sent to staff, Binance CEO Ch...
Musk set to auction off Twitter furniture, other items from HQ as company is reportedly behind on rent
Twitter is reportedly auctioning off items from its headquarters and has not paid rent at its San Francisco and global office for several weeks in a bid to slash costs. Elon Musk, who acquired the com...
The Walt Disney Company Had Significant Changes In 2022, Here’s What That Means For 2023
LOS ANGELES, CALIFORNIA – NOVEMBER 18: Disney Executive Chairman Bob Iger attends the Exclusive … [+] 100-Minute Sneak Peek of Peter Jackson’s The Beatles: Get Back at El Capitan The...
Hybrid Entertainment and Technology Company Trioscope Secures Bridge Funding From Entertainment Development Collective KRAFTON, Inc.
LOS ANGELES–(BUSINESS WIRE)–#krafton—Trioscope, the groundbreaking entertainment and technology company behind Netflix’s The Liberator, today announced it has closed the first tranche of bridge financ...
SpaceX Tender Offer Is Said to Value Company at $140 Billion
(Bloomberg) — Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the closely held company’s valuation to about $140 billion, according to people familiar with the ...
Broadcom’s Target Company VMware Ousts Three Executives As Part Of Restructuring
Three senior VMware, Inc (NYSE: VMW) executives exited the enterprise software company that Broadcom Inc (NASDAQ: AVGO) aims to acquire for $61 billion. VMware CEO Raghu Raghuram said the senior vice ...
Chinese Company Launches Digital Currency Insurance Product – Featured Bitcoin News
The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The...
Amber Group Claims ‘False Allegations’ Against Company, Provides No Details
Amber Group has yet to publicly address the latest reports around its financial health, outstanding liabilities, and its retail business, despite saying certain claims against the company have been in...
Disney Share Price Analysis: How Marvel Studios and Streaming Sector Can Uplift The Company Spirits?
The Walt Disney Company (NYSE: DIS) has rested well in the locker of our hearts since our childhood. The company has delivered our all time favorites including Mickey Mouse, Donald Duck, Simba, Goofy ...
SBF Wishes To Create A Company, Formally Added As Hearing Witness
The former CEO of FTX has shown interest in launching a new company in order to satisfy all of the company’s debtors, who number over one million and are owed up to fifty billion dollars. Bankma...
Kevin O’Leary Is Betting $50 Million On This Company You’ve Never Heard Of
Kevin O’Leary, aka Mr. Wonderful, has made a lot of bets over the years. He is best known for his appearance on Shark Tank where he invests in many startups. While his Shark Tank deals are well known ...
Credit Suisse – A ‘New Company Is Emerging,’ Says BofA While Upgrading Stock
BofA Securities upgraded Credit Suisse Group AG (NYSE: CS) to Buy from Neutral with a CHF 3.60 price target suggesting more than 20% upside potential. BofA analyst sees the rebuilding of Credit Suisse...
Our Company Is a ‘Funnel’ for Big Brand Partnerships
Polygon Studios, which has an estimated 198 million unique wallet addresses and allows users buy, sell and collect non-fungible tokens (NFT), most recently partnered with Starbucks to launch its NFT-b...
Li Auto stock dips after company shows wider loss than expected
Shares of Li Auto Inc. LI, -11.44% were off more than 1% in premarket trading Friday after the Chinese electric-vehicle company logged a wider-than-expected loss for its latest quarter. The company po...
Vietnamese EV company VinFast files for IPO in the US
The electric vehicle market in the US was worth $24.3 in 2020. VinFast will go by the ticker symbol VFS on a top US stock exchange. VinFast’s IPO will mark a first for Vietnam. VinFast files for IPO A...
FTX Lawyers Tell Bankruptcy Court The Company Became SBF’s “Personal Fiefdom”
During the proceedings, the newly appointed FTX lawyers put their analysis in front of the court. Before filing for Chapter 11 bankruptcy, the former FTX CEO, Sam Banman-Fried, reported the liquidity ...
One company could determine if U.S. corporate profits rise to a record next year
As Wall Street looks toward 2023, earnings growth for the companies that make up the S&P 500 index could hinge on just one of them: Amazon.com Inc. Amazon AMZN, -1.39%, the online retail giant who...