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Apple stopped sharing performance guidance during the COVID-19 era and the firm declined to do so also this time. American multinational technology giant Apple Inc (NASDAQ: AAPL) has shared its last quarter performance report in which it recorded a slip in revenue below analysts’ expectations. The company reported
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Barclays analyst said Coinbase volumes rose 56% in January from the previous month. Source
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German banking powerhouse Deutsche Bank sustained a Q4 2022 slide in shares even though it took higher profit. Deutsche Bank recently saw its shares slide despite its 10th consecutive quarterly profit achievement. The German multinational investment bank and financial services platform reported a $1.8 billion euro ($1.98 billion) net profit in Q4 2022 attributable
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The Federal Trade Commission (FTC) sued Meta last July claiming the company wanted to buy its way to the top in an anti-competitive manner.Facebook owner Meta Platforms Inc (NASDAQ: META) has reportedly won a court case to acquire Within Unlimited, the maker of the virtual reality fitness app Supernatural. According
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PayPal CEO has noted that the 2000 job cuts should have helped the company save $900 million last year and at least an additional $1.3 billion in 2023.PayPal Holdings Inc (NASDAQ: PYPL), through its President and CEO Dan Schulman, has announced plans to lay off 2000 global full-time employees, representing
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Stung first by 2022's bear market in crypto and then again in November thanks to its large deposit relationship with collapsed crypto exchange FTX, Silvergate shares were lower by about 90% on a year-over-year basis. They gained 9.96% in Tuesday trade, with most of the move higher coming after the
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During the fourth quarter, Tesla reported automotive revenue of about $21.3 billion and total revenues of about $24.31 billion.Tesla Inc (NASDAQ: TSLA) shares closed Thursday trading at $160.27, up 10.97 percent from the day’s opening price. Tesla shares spike has been attributed to record 2022 Q4 earnings results that beat
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Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales. According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication,
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The partnership extension between Meta and NBA will allow fans to purchase NBA-licensed apparel in the Meta Avatars Store and authenticated NBA League Pass access in Xtadium.Meta Platforms Inc (NASDAQ: META) has announced a multi-year partnership extension with the National Basketball Association (NBA) to feature enhanced virtual reality (VR) games
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Tokenization of Cité Gestion’s shares was carried out in accordance with standards established by the Capital Markets and Technology Association (CMTA), a Geneva based not-for-profit organization, the bank said in the statement. “Taurus and the application of the CMTA standards ensure that an adequate risk management framework is at the
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