Hive Blockchain cryptocurrency miner suffers significant losses

22.02.2023
Hive recorded a net loss of $90 million in the quarter ended Dec. 31, compared with a net profit of $51.2 million in the same period last year. Hive said it was the first quarter...
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Shopify stock rises

22.02.2023
Shares of Shopify SHOP, -5.02% fell 22% after the e-commerce company released fourth-quarter earnings data earlier this month that came with a disappointing outlook for the current quarter. Now that the dust has settled after...
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Tesla stock is on a crazy wave. Chronology of dramatic events

20.02.2023
Over the past year, Tesla stock has endured many trials and tribulations, but now it is back on the rise. After a record drop in 2022, shares of the Elon Musk-owned company have risen sharply...
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Crypto hedge fund Galois closes, losing $40 million

20.02.2023
One of the world's largest crypto-oriented quantitative funds has ceased operations after losing much of its capital in the FTX collapse, according to a Financial Times report. In November, CoinDesk reported that Galois Capital had...
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Mercedes-Benz notes market uncertainty

17.02.2023
The Mercedes-Benz Group beat analysts' forecasts Friday for annual profits of 20.5 billion euros ($21.80 billion), but the premium automaker warned of lower profits this year because of economic uncertainty. The company's forecast coincides with...
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