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NKE Stock Down 5%, Nike Reports Mixed Results for Fiscal Third Quarter, Sales Decline Due to US Port Congestion

Being optimistic about the current fiscal quarter, Nike expects the European government to lift restriction bans in April.American multinational corporation Nike Inc (NYSE: NKE) has reported mixed financial results in its fiscal third quarter. The earnings result for the third quarter, which ended on the 28th of February, 2021, was announced by

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CZ responds to reports of Binance investigation: story has no “teeth”

Shortly after a Bloomberg report on Friday that cryptocurrency exchange Binance was under investigation for permitting US residents to place unlawful trades, Binance founder and CEO Changpeng Zhao (better known as CZ) dismissed the reports during a live AMA on Clubhouse, saying that the report had “no teeth.” “This is a

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SPOT Stock Down 8% Yesterday, Spotify Reports Wider Than Expected Q4 Loss

During the past three months that ended in December, Spotify paying subscribers saw a huge leap to close the year on a positive note.Spotify Technology SA (NYSE: SPOT) stock closed Wednesday trading at $317.25, after dropping approximately 8.06% during the day. Meanwhile, Spotify stock jumped approximately 1.02% during the premarket

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Voyager Reports Multiple ‘Service Disruptions’ After Encouraging Users to Trade Dogecoin

Crypto trading platform Voyager has gone off-line several times since Thursday due to “immense ongoing volume,” after its official Twitter account sent out multiple tweets encouraging users to buy and trade dogecoin (DOGE) on its app.“We’re still working to stabilize our scalability, and performing system upgrades,” according to a tweet

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JPM Stock Down 2%, JPMorgan Reports Better Than Expected Q4 Results

JPMorgan recorded a revenue of $30.16 billion in Q4, which exceeded analysts’ estimates of $28.7 billion.JPMorgan Chase & Company (NYSE: JPM) stock dropped approximately 2% to trade around $138.42 after reporting better than expected Q4 earnings results.The American multinational investment bank announced on Friday that it recorded earnings per share

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19-year-old Ukrainian politician reports crypto holdings of $24M in Monero

A newly appointed official in Ukraine has officially declared his cryptocurrency holdings, including a significant amount of privacy-focused cryptocurrency Monero (XMR).Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth about $24.5 million

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