Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra’s LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be ...
Tag: Shares
Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets
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Rivian shares up 10% on Q1 results
Rivian Automotive Inc (NASDAQ: RIVN) on Wednesday reported weaker-than-expected results for its fiscal first quarter. Shares still jumped nearly 10% after-hours as the EV startup reiterated its full-y...
Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution
Coinbase is trading as though it will “burn through all of its cash and then become insolvent,” Mark Palmer, BTIG’s equity research analyst said in a note. Eventually, investors will recognize an oppo...
Roblox shares jumped 20% despite weak Q1 results: how come?
Roblox Corp (NYSE: RBLX) reported weaker-than-expected results for its fiscal first quarter on Tuesday. Interestingly, though, shares are still up nearly 20% this morning. Roblox Q1 financial h...
Coinbase Misses First Quarter Revenue, $COIN Shares Plummet
Cryptocurrency exchange Coinbase reported a 35% drop in revenue in the first quarter as volatile market conditions and lower crypto asset prices directly impacted its results. Its total revenue in the...
Coinbase Shares Plunge as Company Reports Q1 Losses of $430M
The exchange’s trading volumes fell around 44% between January and March as it reported worse than expected earnings for the period. Crypto markets were largely range-bound for Q1 with few opportuniti...
Coinbase Shares Plunge After Company Misses Q1 Revenue, Posts $430M Loss
In brief Coinbase missed on Q1 earnings and revenue. The results come as another piece of bad news for the crypto markets. Coinbase released its earnings for the first quarter of 2022, and the results...
What made Unity Software shares plunge 35% in extended trading?
Unity Software Inc shares (NYSE: U) plummeted over 35% in after-hours trading on disappointing guidance for the fiscal second quarter. Its Q1 results, though, matched Street expectations. Notable figu...
Where Nvidia, AMD, Intel and Qualcomm Shares Now Stand
Nvidia (NVDA) , Advanced Micro Devices (AMD) , Intel (INTC) and Qualcomm’s (QCOM) valuations have all compressed significantly this year. But I think two of these big-name chip developers have...
Upstart shares plummet 60% after company cuts full-year revenue forecast
In this photo illustration an Upstart Holdings logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Upstart plummeted Tuesday after the artificial in...
Rivian Hits New Low, Stock Plunges Nearly 20% As Early Investors Offload Shares In ‘Jittery Market’
Topline Rivian’s stock tanked by almost 20% and hit a new low on Monday as the company’s IPO lockup period ended, giving some early investors—including Ford, according to reports—their first chance to...
Rivian stock plummets as Ford sells shares of EV start-up
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive opened Monday at a new low following a...
IoTeX Celebrates 4 Year Anniversary and Shares Some Predictions
It’s cliché, but it was only yesterday when IoTeX raised $30 million in a private sale to over 30 non-US accredited investors back in 2018. Yes, it was necessary to clarify because many believe IoTeX ...
Rivian Slumps Amid Report Ford Is Selling Shares at a Discount
(Bloomberg) — Rivian Automotive Inc. fell as much as 9.6% in U.S. premarket trading after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a ...
Should I buy Arista Networks shares after a strong Q1 performance?
Arista Networks, Inc. (NYSE: ANET) posted first-quarter results that topped expectations, and Jim Suva, an analyst from Citigroup, assigned a buy rating on Arista shares. Citigroup has a positive view...
Ford is selling 8 million Rivian shares, sources say
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Ford Motor is selling 8 million of its Rivian Automotive shares, w...
Pro Shares CEO Discusses the Success of His Firm’s ETF
Pro Shares should be a name that everyone in the crypto space knows and understands. Not long ago (during the summer of 2021), the company unveiled a real bitcoin-based exchange-traded fund (ETF). Pro...
Axsome Shares Sink After Canceling Broker Conference: Morgan Stanley
By Sam Boughedda Investing.com — Axsome Therapeutics Inc (NASDAQ:AXSM) stock plunged over 18% Friday, closing below $30. According to Morgan Stanley (NYSE:MS) analyst Vikram Purohit, the “...
Peloton shares hit all-time low as pressure mounts ahead of earnings
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday...
Why did the shares of Twitter and Kellogg jump during the sell-off yesterday?
The major U.S. indexes took a beating yesterday, May 5, as the Dow Jones lost over 1,000 points. Companies that managed to create a positive story around themselves were sparred the beating. While a...
Dogecoin Wallet App, Basketball DAO To Take Over BIG3 Team Shares Through NFTs
Krause House DAO as well as investor Bill Lee’s MyDoge wallet are acquiring into the basketball league of Ice Cube via Ethereum NFTs. The projects are gonna make team decisions, make merchs, and have ...
Dow Plunges 1,100 Points, Tech Shares Crater As Stocks Erase Gains From Post-Fed Rally
Topline The stock market moved sharply lower on Thursday, reversing all of its gains from the previous session when the Federal Reserve raised interest rates by a half-percentage point, as volatility ...
Shopify shares are down 20% on Thursday: explore why
Shopify Inc shares (NYSE: SHOP) are down nearly 20% on Thursday morning after the eCommerce company reported weaker-than-expected results for its fiscal first quarter. Key takeaways from Shopify Q1 ea...
Buy GM Shares, But Not Ford or Tesla. Here’s What One Analyst Says.
Text size GM looks to be the preferred U.S. auto maker pick among Wall Street analysts, with about 85% of analysts covering the stock rating it a Buy. Justin Sullivan/Getty Images Investors are bearis...