Virgin Orbit stock is up over 73% in the pre-market while yesterday it closed down almost 15%.
Aircraft engineering company Virgin Orbit (NASDAQ: VORB) is about to close a deal with venture capital investor Matthew Brown. Reuters reported the news referring to a term sheet that reveals that the company is nearing an 200MBrownInvestmentMatthewOrbitPreMarketReceiveStockVirginVORB Read More
Cathie Wood’s investment management firm ARK Invest is moving to take profits from its Coinbase stash, selling the first batch of Coinbase stock this year.On March 21, ARK sold 160,887 Coinbase shares from its ARK Fintech Innovation exchange-traded fund (ARKF) for $13.5 million, according to an investor notification seen by ARKCathieCoinbaseSellsStockTimeWoods Read More
According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022.
Although Nike Inc (NYSE: NKE) is still dealing with its bloated investor, which has continued to affect its China sales, the company squashed estimates in the fiscal Q3 2023. Nike released its fiscal ExceedsExcessFiscalforecastsHoursInventoryNikeNKEStock Read More
GoTo hopes to achieve positive Group adjusted EBITDA1 within the fourth quarter of 2023 while also reaching a full-year 2023 Group adjusted EBITDA1 to be between Rp 5.3 to Rp 4.6 trillion.
Investors of Indonesia’s top tech giant GoTo Gojek Tokopedia PT Tbk (IDX: GOTO)are expressing mixed reactions to the recent 2.63BFinancialGojekGoToLossNetRecordsStockTodayYear Read More
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regulators last week amid a historic bank run. According to “people familiar with the matter,” — cited in a March 14 report BitcoinCollapsecryptoexchangeDoJExchangesInsiderProbeReportSalesSECStockSVB Read More
The GTLB stock came under severe selling pressure in the aftermarket hours on Monday since the projected revenue stood less than the estimates.
On Monday, March 13, GitLab Inc (NASDAQ: GTLB) stock plunged by more than 31% in the extended trading session after the software company gave full-year revenue guidance DropsForecastGitLabGTLBIssuesMissesRevenueStock Read More
Coinbase shares are up approximately 67 percent YTD, despite a 62 percent decline last year.
Coinbase Global Inc (NASDAQ: COIN) enjoyed a spike in market confidence, and the traditional banking sector proved risky to most investors. According to the latest stock market data from TradingView and MarketWatch, COIN shares closed BankingCoinCoinbaseCrisisCryptoGainsRecoveryStock Read More
With the collapse of SVB, many commentators have been echoing the phrase that no firm is “too big to fail.”
Uncertainty has continued to grip active players in the United States stock market with futures tied to major indices shedding off significant gains on Monday. The futures tied to the Dow BankingCravesCrisisFuturesMarketPlungeStabilityStock Read More
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial BankBillionBitcoinBondFacesFinancialHaltedLossNewsPortfolioSellsSiliconStockValleyWoes Read More