IMF against the recognition of cryptocurrencies as legal tender

24.02.2023
The International Monetary Fund recommends that countries not grant cryptocurrencies, such as bitcoin, legal tender status. The IMF did so as part of a nine-point action plan on how countries should treat cryptoassets. The financial...
Read more

Boeing shares fall after halting airplane deliveries

24.02.2023
Shares of Boeing BA, +1.15% fell 3% as the aircraft maker halted deliveries of the 787 Dreamliner. The Federal Aviation Administration said deliveries have been temporarily halted as Boeing conducts additional analysis of the fuselage...
Read more

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...
Read more

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...
Read more

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...
Read more