Cryptonews
Bitcoin for the second day in a row does not observe the correlation with the Nasdaq index, and even act as a leading indicator for the subsequent stock price movement. Or they just decided to shave $232 million off the bears 😇 Overall, the crypto market remains in a state of
Deals
The Wall Street Journal released a report from Argus in which analysts studied the transactions of several addresses. The study found facts that could indicate insider trading. The research shows that wallets were buying tokens before they were listed and selling them immediately afterwards. In total, Argus found 46 addresses
Global Company
📈 Shares of biopharmaceutical Pfizer (+5.1%) are up. The company's quotes are rising after the FDA (U.S. Food and Drug Administration) meeting, which granted approval for booster doses of the COVID-19 vaccine for children in emergencies. However, it is unlikely that this will lead to any additional
Global Company
Microsoft will review its licensing agreements and make it easier for cloud service providers to compete. The company's president, Brad Smith, said Wednesday. Microsoft was previously fined $1.7 billion by EU antitrust authorities for antitrust violations over 10 years. The company came under scrutiny again by the
Global Company
The S&P executive cites problems, including Tesla's handling of the investigation after accidents involving autopilot.
Global Company
The executive director of the corporation Chris Kempczynski said in a letter to staff that a return to Russia in the "foreseeable future" is unlikely. But he said that under favorable conditions, McDonald's may return. Kempczynski said that after selling the business in Russia, restaurants must
Deals
In this case, the company will write off assets from the accounts for the amount of 2.2 billion euros. Russia accounted for about 10% of Renault's sales and half of its operating profit. Renault has lowered its operating margin forecast for 2022 to 3% from 4%. However,
Global Company
At issue is a law prohibiting social networks with more than 50 million monthly active users from blocking members based on their political views. Meta, Twitter and Google, filed an emergency request to the U.S. Supreme Court to suspend a Texas law that prohibits major social networks to block
Global Company
The company said that future models may be produced with the more common USB-C charging port. Apple smartphones without Lightning may not go on sale until 2023.
Global Company
The online used-car retailer laid out plans to cut spending on advertising, expansion and other areas to offset falling demand. The forecast comes days after Carvana said it would lay off 12% of its employees.
Downfall
Here's a recap of the week. We've reviewed the companies whose stocks have seen the sharpest movement these days. 📈 Online auto parts retailer CarParts was one of this week's growth leaders. Their stock is up 37.7% . Investors were pleased with the retailer'
Deals
The German industrial-technology group said Thursday it is ending its involvement in the Russian economy. Siemens is currently the latest multinational company to announce an exit from Russia and related losses. In the second quarter of 2022, the company's losses totaled about $630 million. The company cites the