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Dollar keeps steadier so far on the day

The key pair to watch is still USD/JPY and that is seen down 0.3% to 151.22, although not much changed from earlier in the day here. Verbal interventi...

November 1, 2023, 9:11 am

A couple of light releases on the agenda in europe today

The dollar is keeping steadier so far on the day, after posting a decent advance in trading yesterday owing much to a surge higher in USD/JPY. The pai...

November 1, 2023, 5:24 am

Meta continues to burn through cash for its flailing metaverse and vr project, which lost $3.7 billion in the 3rd quarter

Mark Zuckerberg's metaverse division, Reality Labs, lost $3.7 billion in the third quarter.  Meta's recent earnings, posted Wednesday, shows its VR a...

October 26, 2023, 6:53 am

Meta's reality labs loses $3.7 billion in third quarter as zuckerberg's big bet keeps bleeding cash

Mark Zuckerberg's bet on the metaverse has so far been a money-burning endeavor, and the losses keep mounting...

October 25, 2023, 4:18 pm

Nzd/usd stops the bleeding, recovering towards 0.5850

The NZD/USD consolidated losses and rose nearly 0.40% to 0.5850. Markets will remain calm on Monday with no relevant highlights on the economic calend...

October 23, 2023, 6:01 pm

Zoom - upgrading: post-pandemic bleeding stabilized

We're upgrading Zoom Video Communications to a hold. We now believe the post-pandemic bleeding has stab...

October 13, 2023, 2:29 pm

: elon musk’s x drops headlines from articles, as new report details its bleeding ad revenue

Elon Musk’s X revamped its look to eliminate headlines on article links Wednesday, the same day that Reuters reported the platform has seen massive ...

October 5, 2023, 12:34 am

What does this major shift mean for disney shareholders?

The segment featuring its unmatched theme parks is typically a huge revenue driver. Meanwhile, streaming is still ...

September 26, 2023, 10:00 am

Why canopy growth shares jumped then dropped today

Canopy Growth could raise as much as $50 million through a private placement offering. The company is bleeding...

September 20, 2023, 11:28 am

bleeding continues at isaac kassirer’s emerald equities

Emerald Equities defaulted on a $100 million portfolio of rent-stabilized Bronx buildings devalued by a new law and other factors. Read Full Story at ...

September 15, 2023, 12:44 pm

Has patience run out for chargepoint stock?

ChargePoint stock just crashed to a new all-time low. The company is bleeding through cash at a breakne...

September 8, 2023, 5:33 pm

Muln stock alert: mullen receives purchase order from nrtc automation

No matter how much good news it receives, Mullen Automotive (NASDAQ: MULN ) stock just can't rebound. The popular meme stock has shed almost 50% of it...

August 28, 2023, 4:23 pm

China reportedly told state banks to escalate yuan intervention this week

Well, it's not like it had helped that much but the yuan did bounce back towards the closing stages of onshore trading today. That is helping with the...

August 17, 2023, 10:07 am

Russia's central bank raises key interest rate from 8.5% to 12% in extraordinary meeting

That's a whopping 350 bps rate hike as Russia tries to stem the bleeding in the currency, which has bee...

August 15, 2023, 7:36 am

Rakuten shares jump as mobile losses narrow

Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash ...

August 13, 2023, 10:01 pm

Boe the highlight of the agenda in the session ahead

Markets are in a calmer mood so far ahead of European trading but we should see the narrow ranges among major currencies stretch out later on. How tha...

August 3, 2023, 4:26 am

Google, microsoft, openai and anthropic announce industry group to promote safe ai development

Some of the world's top artificial intelligence companies are launching a new industry body to work together — and with policymakers and researchers...

July 26, 2023, 11:00 am

Chinese chipmaker and nvidia analogue biren mulling hong kong listing

Shanghai Biren Intelligent Technology Co, or more simply Biren, is said to be weighing up a Hong Kong initial public offering, insiders have told Bloo...

July 18, 2023, 9:12 am

Fda approves alzheimer's drug leqembi, paving way for broader medicare coverage

Leqembi slowed cognitive decline in a clinical trial, but the treatment is expensive and carries serious risks of brain swelling and ...

July 6, 2023, 4:44 pm

Plug power: bleeding edge problems

Plug Power Inc. made more large promises at the 2023 Analyst Day. The green hydrogen company forecasts $1.4 billion in 2023 revenues, but Plug Power p...

June 30, 2023, 2:52 pm


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