Tag: Internet

Over $2 billion has been stolen from cross-chain bridges so far this year, according to crypto analysis firm Chainalysis Jakub Porzycki | Nurphoto via Getty Images Crypto company Nomad said it’s...

INTERNET COMPUTER Price Analysis: Overpowering Bears are Bothering Investors

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Cloudflare stock rallies 25% following earnings beat, raised revenue outlook

Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year. Cloudfl...

Warner Bros. Discovery stock slammed after earnings debut

In its first earnings report since bringing in HBO Max and other WarnerMedia properties, Warner Bros. Discovery Inc. on Thursday missed revenue expectations by roughly $2 billion and reported a large ...

Zillow is almost done selling homes, but stock slumps as the hard part is still to come

Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future led to shares plunging in extended trading Thu...

Alibaba Beats As Hong Kong Internet Rebounds & Defense Stocks Fall

China Last Night KraneShares Alibaba Q2 Earnings Overview Alibaba beat on the big three numbers investors and analysts care about: Revenue, Adjusted Net Income, and Adjusted EPS. YES, year over year, ...

AMTD Digital is worth more than 480 of the S&P 500 companies after stock rockets over 3,000% in 7 days

08/03/2022

Early investors in AMTD Digital Inc. have basically won the lottery, as the Hong Kong-based digital business developer’s stock has zoomed 3,165% higher over the past seven days. The stock HKD, -30.89%...

Hong Kong Internet High In Advance Of Alibaba’s Results As Caixin Services PMI Exceeds Expectations

08/03/2022

China Last Night KraneShares Key News Asian equities had a positive day on light summer volumes except for Mainland China. Pelosi’s Taiwan visit did not spark World War III as some had feared. Plane t...

Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock

Airbnb Inc. said Tuesday that it had its first profitable second quarter as a public company, and that it is so confident in its business that it is buying back $2 billion of its stock. “Our Q2 result...

PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat

After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback auth...

SoFi stock gains after earnings as revenue beats and losses shrink

Shares of SoFi Inc. were up nearly 3% in after-hours trading Tuesday after the company beat expectations with its latest results and delivered an upbeat earnings forecast for the current quarter. The ...

Crypto

Hackers drain nearly $200 million from crypto startup Nomad

Billions of dollars of value have been wiped off the cryptocurrency market in recent months. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity crisis and...

Opinion: The FAANMGs have been whittled down to the fantastic four

08/01/2022

The anticipation of second-quarter Big Tech earnings was palpable. With a broad set of indicators pointing to a slowdown in the global economy, the highest inflation in four decades and a big jump in ...

Alibaba shares keep sliding in Hong Kong following delisting threat from SEC

07/31/2022

Hong Kong-listed shares of Alibaba Group Holdings Ltd. continued to sink overnight, after U.S. regulators last week added the e-commerce giant to a list of Chinese-owned companies that could be delist...

Alibaba leads sharp drop in Chinese internet stocks as it heads for worst month since November

07/29/2022

U.S.-listed shares of Chinese internet stocks including Alibaba Group Holdings Ltd. BABA, -11.12% were sinking Friday to cap off an eventful week that saw Chinese leaders reportedly acknowledge that t...

A Project on a Mission to Decentralize the Internet

07/29/2022

Advertisement &nbsp &nbsp Tron was created in 2017 with the central aim of decentralising the web. Five years later, the project is still laser-focused on achieving this goal....

Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Se...

Amazon (AMZN) Q2 2022 earnings

Amazon shares climbed more than 12% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company ...

Paramount stock drops after bearish call by Goldman Sachs

Goldman Sachs weighed in with a skeptical view of Paramount Global Inc. Tuesday, writing that the current economic backdrop could complicate the media company’s streaming objectives. “We have not chan...

Crypto

TRON’s Mission to Create an Internet for All, Defining Decentralization – crypto.news

Geneva, Switzerland / July 27 / – TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years. For most blockch...

Teladoc loses $3 billion in three months, stock plummets 24%

Shares of Teladoc Health Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses f...

TRON’s mission is to create an Internet for all by defining decentralization

TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years. For most blockchains, decentralization is a centra...

Cathie Wood Watch: Ark Reverses Course, Buys Shopify

Renowned investor Cathie Wood, chief executive of Ark Investment Management, in Tuesday trading reversed her stance on two major technology companies. For months she had been buying Coinbase Global (...

TRON’s Mission to Create an Internet for All, Defining Decentralization

Geneva, Switzerland, 27th July, 2022, Chainwire TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years. Fo...

Opinion: Google and Microsoft earnings show the bar has been lowered for Big Tech

Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours tra...

Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong cloud growth

Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their g...

Opinion: We’re probably in the early stages of a new bull market. Nervous? Start with these 5 ‘moat’ stocks

The odds are good that June 16 marked the stock market’s low, and we are in the early stages of a new bull market. Inflation is rolling over. Supply chains are repairing. There is enough terror in the...

Big Tech earnings are about to determine the direction of the market

Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to ...

Eutelsat, OneWeb Plot Merger That Will Challenge Billionaires Elon Musk, Jeff Bezos In Space Race

Topline French and British satellite firms Eutelsat and OneWeb on Tuesday announced plans to combine forces and create a “global leader” in the burgeoning space-based internet industry, a deal which p...

These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows

The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect it to soar 21% over the next 12 month...

Tether, Bitfinex aim at building a new internet with P2P app Keet

07/25/2022