Virgin Galactic’s Loss Could Widen as Operating Costs Balloon

Virgin Galactic Holdings Inc. (SPCE), the world’s first publicly traded space tourism company, likely lost over $100 million in the fourth quarter as operating costs surged and the company geare...

Nio Losses Could Widen After Deliveries Missed Initial Guidance

Key Takeaways Nio is expected to post an adjusted loss per share of 1.38 yuan ($0.20) for Q4 2022, compared with a 1.07-yuan loss a year earlier. Nio’s revenue likely grew by more than 75% to 17...

Unstoppable Domains and Crypto Browser Opera Widen Scope to Offer Accessible Web3 Identity System – Blockchain Bitcoin News

Opera, the Web3 browser, and Unstoppable Domains, the non-fungible token (NFT) domain provider, have announced that users can now access all domain endings, including .x, .crypto, and .nft, across Ope...

Stocks drop as Treasury yields widen their inversion

Traders work on the floor of the New York Stock Exchange (NYSE) on June 27, 2022 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, internationa...

Nigeria to introduce ICOs and stablecoins to widen payment outlook

Nigeria is all set to accept the presence of private stablecoins.  The requirement to make a legal structure for stablecoins is written in the recent central bank strategy paper.  The Centra...

Credit Market Cracks Widen as Distressed Debt Nears $650 Billion

(Bloomberg) — Multiple stress points are emerging in credit markets after years of excess, from banks stuck with piles of buyout debt, a pension blow-up in the UK and real-estate troubles in Chi...

Li Auto Q3 2022 Outing Sees Revenue Rise 20%, Costs Widen Further

Although Li Auto realized a substantial revenue increase for Q3 2022, the company’s operating costs also rose.  Li Auto Inc (NASDAQ: LI) recently posted its Q3 2022 earnings report, which revealed a w...

Disney overtook Netflix as the streaming leader, and is expected to widen the lead

Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...

IRS has been missing out on $500 billion in taxes owed annually — and the gap between what’s owed and paid is projected to widen

There’s a difference between the amount of taxes that people and businesses owe the Internal Revenue Service and the amount they actually pay. From 2014 to 2016, that multibillion-dollar gap widened, ...

Hope ‘The Legend Of Maula Jatt’ Will Widen Pakistani Cinema’s Reach

Fawad Khan plays the titular role in Pakistani film ‘The Legend of Maula Jatt’. AABROO HASHIMI Pakistani actor Fawad Khan will soon be seen headlining the upcoming film The Legend of Maula...

N26 losses widen after ramping up spending on fraud controls

The logo of German online bank N26 displayed on a smartphone. Thomas Trutschel | Photothek via Getty Images German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its plat...

Dubai Chambers New Formation to Widen the Crypto Adoption

D2A2’s main goal is to boost transparency through data and market intelligence. The organization will give digital asset businesses a space to unify their voices. Dubai Chamber of Digital Economy has ...

South Korean Authorities Widen Terra Probe as Co-Founder Daniel Shin’s Home Raided

A probe into possible illegal activity behind the algorithmic stablecoin TerraUSD (UST) and the affiliated LUNA token has deepened with a raid on the Seoul home of the firm’s co-founder Daniel Shin, a...

Credit Suisse Sees Microsoft Azure Narrow Revenue Gap To Amazon Web Services And Widen Gap To Google Cloud, Alibaba Cloud

TipRanks Oppenheimer Pounds the Table on Nvidia Stock In an upbeat research note, Oppenheimer analyst Rick Schafer laid out the bull case for buying Nvidia (NVDA) stock — why he rates it “...

Historic Rupee Low Forecasts Grow as Oil Costs Widen Deficits

(Bloomberg) — The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets. Most Read from Bloomberg The currency may drop ...

Billionaire Forrest Li’s Sea Sinks Deeper Into The Red As Shopee Losses Widen, Expenses Surge

Forrest Li, chairman and group chief executive officer of Sea Ltd., poses for a photograph in … [+] Singapore on Wednesday, July 8, 2020. Demand for Sea’s mobile games and online-shopping ...

Avalanche Bridge to Introduce Support for Native Bitcoin and Widen Opportunities for BTC in AVAX DeFi Ecosystem – crypto.news

Avalanche (AVAX), a leading smart contract platform recently announced that its Avalanche Bridge will expand support for the Bitcoin network to allow BTC holders to securely transfer the assets onto t...

China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

India, the world’s largest democracy, may make its tax policy clearer by tweaking the definition of crypto or virtual digital assets. According to a report by CNBC TV-18, the Indian government is like...

DraftKings Posts Higher Revenue but Expects Losses to Widen in 2022

Sports-betting company DraftKings Inc. posted higher revenue for the holiday quarter, but said it expects its adjusted loss to widen this year as it launches in new states like New York and Louisiana....

Black Americans’ lack of participation in the stock market likely to widen post-pandemic wealth gap

Commuters arrive at Grand Central Station with Metro-North during morning rush hour in New York City. Angela Weiss | AFP | Getty Images Thanks to the historic stock market rebound from pandemic lows, ...