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Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices
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Due to the bad news, which includes the canceled games and financial challenges, Ubisoft plans to “depreciate around €500m of capitalized R&D”.French video game publisher Ubisoft saw its shares slump 20% after the company shared some bad news. The video game publisher announced delaying the release of its game “Skull
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The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO
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Friday morning's reports on job and wage growth and the service industry gave hope that the Fed may further slow the pace of monetary tightening. Original Source
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Amid the growing concern in the shares of BBBY, the stock is down by as much as 23.23% after previously hitting an All-Time Low (ATL). An American chain of domestic merchandise retail stores Bed Bath & Beyond Inc (NASDAQ: BBBY) has finally given a more concerning insight into its distressed financial
Read More[sociallocker id="55298"] Bitcoin (BTC) dove more than $1,000 on some exchanges on June 2, although the event seems to be the result of simple trading activity, according to OKCoin's head of market development Matthew Ficke. "Price movement like we saw yesterday typically attracts short-term traders trying to position for a larger
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