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“The legal fight will be long and costly for Coinbase, but it might be difficult to argue and prove that they didn't commingle and unlawfully offer exchange, broker-dealer, and clearinghouse functions,” Edward Moya, a senior markets analyst at Oanda, said. Source
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As decentralized social media becomes one of the central topics at the Buidl Asia event held in South Korea, Cryptox spoke with Ethereum Name Service (ENS) developer Makoto Inoue onlineto find out more about Web3 social media, its potential to replace Web2 and the roles of ENS and the metaverse
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Shares of Intel reacted poorly to the news that Apple will no longer need Intel chips and has fully transitioned to its own silicon. Intel Corporation (NASDAQ: INTC) shares fell following Apple’s (NASDAQ: AAPL) announcement that its new Mac Pro will use M2 Ultra, a new company-built chip. Apple said the
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For the second quarter, Lululemon Athletica expects to report net revenue of between $2.140 billion and $2.170 billion, thereby representing growth of approximately 15 percent. Lululemon Athletica Inc (NASDAQ: LULU), a Canadian multinational athletic apparel retailer, announced the results for the first quarter (Q1) of fiscal 2023 on June 1.
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Macy’s noted that Nike will return to its stores, starting from October this year. Macy’s Inc (NYSE: M), an American conglomerate holding company that engages in consumer goods, released its first-quarter earnings results on June 01. According to the announcement, Macy’s reported net sales of $4.98 billion during the first three
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While many beginners base their trades on the negativity brought about by devastating events happening in the crypto space, experienced traders base their decisions on different factors, helping them come out on top — even in a bear market.Speaking with Cryptox, Dan Tapiero, founder of growth equity funds 10T Holdings
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Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck. Tesla Inc (NASDAQ: TSLA) shares spiked on Tuesday to close the day trading at $201.16, up 4.14 percent from the day’s opening price. As a result, Tesla stock
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In a recent interview on the “What Bitcoin Did” YouTube channel, Arthur Hayes, co-founder of BitMEX, a cryptocurrency exchange platform, shared insights into his future plans with his fund, Maelstrom. Hayes acknowledged the rumors surrounding his quirky traveling habits and sleeping positions, disarming the audience with his openness. However, his key
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As Gap increased layoffs during the first quarter, online sales declined 9 percent YoY but accounted for about 37% of net sales. After starting the year with a bearish sentiment, Gap Inc (NYSE: GPS) – an American apparel company – saw its shares rise approximately 14 percent during Thursday’s after-market hours
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In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products. Nvidia Corporation (NASDAQ: NVDA) shares jumped nearly 25 percent during Wednesday’s extended trading period to trade around $380.65, a new ATH. The American multinational tech company reported its financial results
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