The Fed has more reason not to hike its key interest rate next week, if the sudden banking crisis weren’t enough. Retail sales slipped a bit more than forecast and the producer price index unexp...
Tag: Sales
Dow futures dive over 400 points as Credit Suisse woes reignite bank sector angst, with retail sales data ahead
U.S. stock futures were sliding on Wednesday as fresh concerns over the health of Credit Suisse sparked renewed banking sector anxiety. That’s as investors awaited fresh retail sales data. How are sto...
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regu...
SEC, DOJ Investigating Insider Stock Sales at Silicon Valley Bank: WSJ
The U.S. Justice Department and the U.S. Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, according to a report today from The Wall Street Journal. The investi...
European Auto Sales Will Advance In 2023, But Profits Likely To Wilt
Europe map and car toy – travel background getty Europe’s automakers pleased investors with strong profit reports for 2022 but they will be raising eyebrows as some experts see deteriorating ear...
America Loves Ulta Beauty, Sales Increase 18% Aided By New Store Design
Ulta Beauty’s new store layout showcases inspirational moments, new products and a unique view on … [+] beauty. The new design allows for easier shopper navigation. Courtesy Ulta Beauty Ul...
Decentralized Exchanges Record Massive Sales Volume Surge
59 seconds ago | 2 mins read Defi News This occurs following the weekend de-pegging incident of USDC by Circle. March 11th was the day when Uniswap’s volume was the largest ever, at $11.84B. This past...
Gap Sales Fall And Loses Mount, Driving Management Changes
LONDON, ENGLAND – (Photo by Ben Pruchnie/Getty Images) Getty Images Weak fourth quarter performance at GapGPS reflects the continuation of general softness and poor merchandising planning that h...
NIO Inc. (NIO) Stock: Can high EV sales Counter Lavish Spending
NIO Inc. (NIO)’s lavish spending decreased their earnings, can positive sales help the growth. Founded in 2014 and headquartered in Shanghai, the EV manufacturer is known for their rebellious take on ...
A $13 Billion Plunge in Bond Sales Hints at Pain for EM Credit
(Bloomberg) — The pipeline of company debt from emerging markets is running dry as major central banks continue to raise borrowing costs and investors grow increasingly wary after a series of hi...
Huobi flash crashes and recovers 90% with high sales and downturn
Huobi recently witnessed a massive token collapse during a flash crash. The 17th biggest exchange experienced a 90% loss in market cap, which was recovered minutes later. At 3:45, HT was trading at $4...
Tesla Supplier CATL Smashes Profit Estimate as EV Sales Soar
(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest...
Huobi token saw a 90% flash crash, recovery; community blames high sales, market downturn
Ad Huobi, the 17th largest crypto exchange, has seen its native token collapse by 90% in a flash crash during Thursday trading. (Source: Twitter @tier10k) At 3:45 pm, HT was trading at $4.70. By 4:10 ...
Biden’s Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors
President Joe Biden’s upcoming budget proposal includes a few surprises for crypto traders and investors, as it seeks to raise around $24 billion through changes to crypto tax treatment. The pro...
FuelCell Stock Is Rising. Its Sales Beat Is Just One Reason.
FuelCell Energy shares rose on Thursday after the producer of units that make electricity from hydrogen posted a narrower-than-expected loss for its first quarter. FuelCell (ticker: FCEL) posted reve...
SVB Financial stock plummets toward biggest one-day selloff in 23 years after stock offering, large losses on securities sales
Shares of SVB Financial Group SIVB, +0.16% plummeted 30.6% to pace all of the S&P 500’s SPX, +0.14% premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 y...
JD.com’s Sales Rise 7% As Covid Saps Chinese Online Shopping
(Bloomberg) — JD.com Inc. posted a 7% rise in quarterly revenue, slightly below expectations, as Chinese online consumer spending remained volatile during an economic downturn. Most Read from Bl...
Biden wants to double capital gains and clamp down on crypto wash sales: Reports
U.S. President Joe Biden’s upcoming budget proposal has a few surprises for crypto traders and investors, including a proposed doubling of capital gains and a crackdown on crypto wash sales. The Bide...
Lego sales leap as fans buy Harry Potter, Star Wars sets
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on Monday, March 7, 2022. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted ...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
Top 10 NFT sales in February 2023
February 2023 has been a good month for the non-fungible token (NFT) market: it recorded some of the top single sales on NFTs. Global NFT sales have surged in the last month, reaching $835 million, th...
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault – Markets and Prices Bitcoin News
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 milli...
BAYC and MAYC see sales surge, but what about their floor price?
BAYC and MAYC have seen a fall in their floor price since June 2022. This, has, however, impacted sales in no way. The market for top Ethereum-based PFP (Profile Picture) NFT collections continues to ...
As chip sales dry up, Nvidia CFO says spending on AI will save companies money
Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...