Leading exchange Coinbase suffered a marked decline in the value of its shares due to an SEC staking action against a rival exchange.
Along with the announcement about Dan Schulman stepping down, PayPal has also released its fourth-quarter and full-year 2022 results.
Lyft expects to realize about $975 million in revenue in fiscal Q1 2023.
Beverage giant PepsiCo has posted its Q4 2022 results, revealing a commendable outing amid inflation-triggered product price hikes.
However, some analysts believe the new Google AI-powered Bard will outshine its competitors like Microsoft by a huge margin in the future.
Disney CEO Bob Iger believes the company’s fiscal Q1 2023 earnings report points towards sustained growth and profitability.
After the pandemic, individuals and businesses still rely on Zoom, but the uncertainty of the global economy leads to tough measures. Zoom will not only lay off employees but also decrease salaries for the executive team.
BP apparently saw significant growth across its top and bottom lines. The oil giant said its net debt in the fourth quarter was reduced from $30.6 billion to $21.4 billion.
Without naming the investors, Canoo said it would sell 50 million new shares, together with warrants that allow the investors to have the option to buy up to an additional 50 million.
Pinterest experienced an initial 12% decline in stock value following its less-than-expected Q4 2022 revenue haul.
Activision realized higher-than-expected net bookings of $3.57 billion for Q4 2022 as it hopes to conclude its Microsoft deal in June.
Since the beginning of 2023, the Nasdaq index is up by 15.60% in one of the major recoveries after last year’s downfall.
While the current subject of the probe into Silvergate Bank appears speculative at this time, there is a deep tie between the financial institution and FTX.
The S&P Dow Jones is removing Adani from its index, further adding to the Indian conglomerate’s mounting woes.
Alphabet posted a less-than-savory Q4 2022 report that reflects the current tech downswing and looming recession.