Freeport-McMoRan (FCX) posted Q4 earnings that topped Wall Street estimates, but fell vs. a year ago amid lower copper prices and higher costs. FCX stock rose in Wednesday’s stock market action....
Tag: giant
Ethereum’s Shanghai Mainnet Takes a Giant Leap Forward with the Launch of “Shadow Fork”
According to Etherscan, the upgrade will allow approximately 16 million ether that has been staked into the network to be unlocked. The $26 billion worth of ETH staked with the largest smart contract ...
Jeff Ubben’s Inclusive Capital takes stake in Salesforce as more activists target the software giant
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Jeff Ubben’s Inclusive Capital has taken a posi...
Abbott Under Federal Investigation Over Baby Formula—Here’s How The Pharmaceutical Giant Got Here
Topline The Department of Justice opened a criminal investigation on Friday into an Abbott Laboratories plant in Michigan over unsanitary workplace conditions in its production of baby formula—the lat...
TSLA Stock is Currently A “Sleeping Giant,” Says Jim Cramer
Tesla stock (NASDAQ: TSLA) is down by almost 61.71% in one year. That indicates the stock has experienced major challenges in 2022. On January 17th, 2023, CNBC’s Jim Cramer, also shared his thoughts o...
Retail Trading Giant Robinhood Launches Crypto Wallet
Retail trading giant Robinhood is rolling out its digital wallet to over 1 million waitlisted users after initially releasing the beta version to just 10,000 customers last September. The Robinhood Wa...
Crypto Giant Genesis Files For Bankruptcy As Casualties Mount After FTX Collapse
Topline Cryptocurrency lender Genesis filed for bankruptcy late Thursday night, court documents show, the latest major player to fold and another blow to the sector as it struggles to recover from the...
Crypto giant Digital Currency Group halts dividend payments: Coindesk
Crypto giant Digital Currency Group (DCG) has suspended its quarterly dividends, according to a shareholder letter seen by Coindesk. “In response to the current market environment, DCG has...
Ukraine’s energy giant Naftogaz will be out of default soon: CEO
The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its debt default problems quickly. Yuriy Vitrenko told CNBC’s Hadley Gamble at the World Economic Fo...
Financial Giant Linked With Galaxy Digital Plans To Buy FTX Japan
Japanese financial services company Monex Group plans to buy FTX Japan, the Japanese subsidiary of Sam Bankman-Fried’s beleaguered crypto exchange FTX. The move comes after the bankruptcy court approv...
Uniswap’s new deployment on StarkNet: Is it a game-changer for the DEX giant?
Uniswap deploys on StarkNet’s mainnet to reduce gas costs and expand offerings. Uniswap dominates in terms of active users, however, its revenue declined. In a recent proposal, Uniswap stated that it ...
VC Giant Sequoia Remains Optimistic About Crypto
Alex Dovbnya Despite recent market woes, Sequoia remains optimistic about crypto investments Despite the headwinds facing the venture capital industry and its portfolio holdings, Sequoia Capital remai...
Tiny Colony’s ‘Giant’ Move as it Shifts from Solana to Ethereum based Immutable X
The new year 2023 continues to be unlucky for Solana, as Tiny Colony recently shifted to another blockchain. In order to explore opportunities in tech, it will soon shift to Immuable X which is based ...
NBA Giant Miami Heat Officially Terminates Naming-Rights Deal With FTX
One of the most successful NBA teams – Miami Heat – finally annulled its partnership with the cryptocurrency exchange FTX. As a result, the home ground of the basketball giant will no longer be calle...
Tesla Stock: Analysts Cut Price Targets Amid EV Giant Price Reductions
A number of analysts cut price targets on Tesla (TSLA) Friday, coinciding with the EV giant’s decision to reduce its vehicle prices in the U.S. and Europe. The cuts aimed to make more of the com...
Disney CEO Bob Iger went sailing on his yacht while activist investor Nelson Peltz ramped up pressure on the media giant
With its stock price flailing and under rising pressure from activist investor Nelson Peltz of Trian Partners, newly reinstalled Disney (DIS) CEO Bob Iger reportedly spent the holidays enjoying the op...
Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group – Fintech Bitcoin News
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on “the economic interests...
XRP Sentiment Shows Significant Improvement Since Cramer Called It A ‘Giant Con’
– Advertisement – Cramer’s prediction that XRP goes to zero is not playing out. It has been over a month since CNBC Mad Money host Jim Cramer bashed XRP as a “giant con,” predicting that i...
Chip Giant TSMC Reported Record Sales But Missed Estimates
As the world’s largest chip manufacturer, TSMC was positioned to bear the brunt of the slowing demands in general. Taiwanese multinational chip manufacturing giant Taiwan Semiconductor Mfg. Co. Ltd (N...
Internet giant Wix adds CoinGate integration to its crypto payments service
Crypto payment processors that provide payment service integrations with leading technology firms continue to be integral in the cryptocurrency space to rise in tandem with the ever-increasing prevale...
The Curious Case of CZ’s Binance – Crypto Giant Loses $12 Billion! Unfolding The Truth
Forbes has reported that despite the recovery in the cryptocurrency markets following the collapse of the FTX exchange, the situation with Binance withdrawals has not yet stabilized. The report shed l...
Polygon Teams Up With Payments Giant Mastercard To Launch Web3 Incubator for Artists
Layer-2 scaling solution Polygon (MATIC) is collaborating with credit card giant Mastercard to launch a Web3 project for musical artists. In a new company press release, Mastercard says that it will b...
Solana (SOL) Price Prediction: Can the NFT Giant Beat Shiba Inu (SHIB) and Orbeon Protocol (ORBN)?
Solana (SOL) is a leading competitor of Ethereum and a powerhouse to contend with, especially in the NFT industry. Solana is also a favorite of many developers seeking to build dApps on a platform tha...
Jack Ma cedes control of Chinese fintech giant Ant Group
Chinese billionaire Jack Ma is ceding control of Alipay owner Ant Group. , the Alibaba-affiliated company announced it would end agreements that had allowed Ma to hold a dominant position within Ant G...
Crypto Giant DCG Shuts Down HQ Subsidiary amid Global Economic Crisis
DCG once appeared to be untouchable but may fast be losing its stability. Digital Currency Group (DCG) has announced that it is shutting down operations at its wealth management division HQ. According...
Digital Asset Exchange Giant Huobi Plans To Lay Off 20% of Its Staff Amid Ongoing Crypto Winter: Report
The Seychelles-based crypto exchange giant Huobi is reportedly planning to lay off 20% of its staff as the ongoing bear market continues to thrash companies across the industry. Reuters reports that H...
Sports Giant Fanatics Sells Off Its Majority Stake in NFT Startup Candy Digital
Sports merchandising giant Fanatics has divested its majority stake in NFT firm Candy Digital, according to a company memo obtained by Decrypt. Fanatics CEO Michael Rubin informed employees of the mov...
‘Big Short’ Investor Burry Attacks Software Giant Salesforce
The software giant Salesforce’s recent revamp confirms the struggles in Silicon Valley and tech more broadly are widespread. In a bid to cut costs, the specialist in customer-relationship-manage...
Sell Microsoft Stock. The Software Giant Is Facing a Bad Economy, Says Analyst.
Guggenheim is getting more pessimistic about Microsoft stock on the risk of a slowing global economy. On Tuesday, analyst John DiFucci lowered his rating on software giant Microsoft (ticker: MSFT ) to...