Shares of Super Micro Computer, Inc. rocketed on Monday’s extended trading after the company announced an upbeat preliminary financial information for the third quarter. The information technology company rallied 14.61% or 5.35 points to $41.96 per share. It extended an upturn of 0.25% or 0.09 points to $36.61 per share in the regular hours market. …
Sellers in Etsy, Inc. now plan to form a union following a week-long strike to protest a recent hike to transaction fees and other changes. The merchants’ refusal came after the e-commerce platform had announced hiking fees by 30.00%. This charge surge was an insult to small businesses who kept the site humming throughout the …
Etsy sellers plan to form union after a week-long strike Read More »
Shares of Nektar Therapeutics significantly tumbled on Thursday’s after-hours market after it discontinued clinical trials involving its key cancer drug. The American biopharmaceutical company slumped 17.05% or 1.05 points to $5.11 per share. It trailed a drop of 0.16% or 0.01 points to $6.16 per share in the regular trading session. This downturn dragged $197.59 …
Nektar dwindles as it stops trials for cancer drug Read More »
Nevertheless, the bears were active around the $41,500 level. A high was created near $41,548, and the price started a fresh drop. There was a clear move under the $41,000 support zone. The price fell below the 50% Fib retracement level of the recent growth from the $39,269 swing low to the $41,548 high. Besides, …
Why Is There a Danger of More Losses for Bitcoin Read More »
Elon Musk proposed to purchase Twitter for $42.00 billion in a filing published on Thursday. He said that the social media giant needs to be private to become a platform for free speech. The offer came after he revealed a 9.10% stake in the company, making him the second-largest shareholder. Musk made the bid in …
Dogecoin is a unique cryptocurrency that started as a spoof on Bitcoin in 2013 with an initial price of less than a penny. With endorsements from top entrepreneurs and celebrities and a dedicated following on social media platforms, such as Reddit and Twitter, Dogecoin grew remarkably popular to become one of today’s highly valued digital …
Get to Know Dogecoin: What Is It and How It Works Read More »
Wells Fargo & Co. saw its profits take a hit in the first three months of 2022, finishing a pandemic-era boom. The fourth-largest US lender reported lower-than-expected first-quarter revenue due to a drop in mortgage lending. It skidded by 5.00% year-over-year to $17.59 billion, compared with the estimated $17.80 billion. Accordingly, its profit slumped 20.80% …
After touching its lowest since early March on Wednesday, the euro rose 0.12% to $1.09050 at 0835 GMT, ahead of the meeting. The ECB should hint at its coming policy amid record-high inflation and a war-related recession. Antje Praefcke, the FX analyst at Commerzbank (ETR: CBKG), expressed that the market would abstain from a strong …
You Need to Pay Attention to Euro Edging up Today Read More »
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