Crypto-Related Stocks and Top Crypto Assets Drop amid CFTC’s Civil Action against Binance and CZ
Binance reportedly assisted United States law enforcement in freezing and seizing over $125 million in 2022 and more than $160 million YTD. It was a …
Walt Disney Begins First of Three Rounds of 7,000 Employees Layoff
A source confirmed that the latest development would impact employees within major divisions of Walt Disney. Like many other companies reducing headcounts, mass media company …
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Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis – Economics Bitcoin News
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the …
First Republic (FRC) Shares Jump 15% as Regional Bank Stock Rebounds
Since the collapse of Silicon Valley Bank, several industry stakeholders have been doing all they can to help cushion the pangs in the firm to …
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Ark Invest Continues on Coinbase Stacking
Ark Invest is also interested in Jack Dorsey’s payment firm Block after short-seller Hindenburg Research published a damning report on the company. No one takes …
Activision Shares Up 5% as Microsoft Wins Regulator’s ‘Blessing’ on Acquisition Deal
A UK competition regulator eases off slightly on the Microsoft-Activision deal, sending the gaming publisher’s shares soaring. Activision Blizzard Inc (NASDAQ: ATVI) shares surged Friday on positive …
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VORB Stock Up 70% in Pre-market, Virgin Orbit to Receive $200M Investment from Matthew Brown
Virgin Orbit stock is up over 73% in the pre-market while yesterday it closed down almost 15%. Aircraft engineering company Virgin Orbit (NASDAQ: VORB) is …
Terran Orbital Experiences $100 Million Annual Increase as Reflected in Q4 2022 Report
The Terran Orbital Q4 2022 release revealed revenue increases on a quarter-on-quarter and year-on-year basis. Satellite maker Terran Orbital (NYSE: LLAP) recently posted its Q4 2022 earnings …
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GameStop Announces First Quarterly Profit in Two Years, GME Climbs 48%
GameStop is committing to amassing more gains following the latest quarterly profit. For the first time in two years, electronics retailer GameStop (NYSE: GME) posted …
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Nike Exceeds Fiscal Q3 2023 Forecasts Despite Excess Inventory, NKE Stock Down 2% After Hours
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022. Although Nike Inc (NYSE: NKE) is still …