In its report on first-quarter monetary policy, the Chinese central bank focused on how the foundation for the domestic economic recovery is not solid.
Schlagwort-Archiv: Markets
Dogecoin rallies on Elon Musk tweet, anticipated Coinbase listing
Dogecoin’s price soared as high as 56 cents early Friday, according to Coin Metrics data.
Goldman Sachs banker quits after making millions on cryptocurrency
Aziz McMahon, a Goldman Sachs executive in London, quit the bank after making a fortune on cryptocurrency.
Disney misses on subscriber expectations, parks revenue still hurt by Covid restrictions
Disney+ had been bolstering the company’s success as it was losing out on business from Covid restrictions, but it seems the rapid growth is starting to slow.
Airbnb says first-quarter revenue rose 5% as vacationers return to travel
Airbnb’s net loss tripled, but the company expects its adjusted margin to improve in the second half of the year as travel restrictions ease up.
DoorDash shares rise as delivery company boosts outlook, investors shrug off driver shortage
DoorDash on Thursday reported a wider-than-expected quarterly loss, blaming a shortage of delivery drivers as consumers ordered more than forecast.
Coinbase revenue tripled from last quarter as crypto prices skyrocketed
Coinbase revenue tripled from last quarter, as the price cryptocurrencies took off in 2021.
Bill Ackman reveals 6% stake in Domino’s Pizza, shares jump
Ackman revealed his hedge fund sold Starbucks and picked up Domino’s shares following a pullback.
Why everyone from Elon Musk to Janet Yellen is worried about bitcoin’s energy usage
Elon Musk’s decision to stop Tesla from accepting bitcoin as payment has led to fresh scrutiny of the cryptocurrency’s environmental impact.
Stocks making the biggest moves in the premarket: Vroom, Shift, Sonos, Poshmark & more
The stocks making the biggest moves in premarket trading include Vroom, Shift, Sonos, Poshmark, and more.