Spotify Technology SA (NYSE: SPOT) is the leading on-demand music streaming company today, with more than 1 billion app downloads on Google Play alone. The Sweden-based company was founded in…
Investing
US nonfarm payrolls surpass expectations to rise by 263,000; Wages up by the sharpest in 13 months
In a highly unexpected development, U.S. nonfarm payrolls outperformed market expectations and rose by 263,000 in the month of November. This was against market estimates of a slowdown to 200,000.…
Coinbase halts NFT transfers for iOS users after Apple blocks app over 30% fee
Coinbase, one of the leading cryptocurrency exchanges in the crypto industry, has halted the transfer of non-fungible tokens (NFTs) on iOS. According to the exchange, the decision to disable the…
Shares of XPeng Inc. (NYSE:XPEV) rose 48% on Thursday premarket after promising delivery outlook. XPeng posted 5,811 electric vehicle deliveries in November. Despite the number falling 63% from the prior…
Meta Platforms Inc (NASDAQ: META) is in focus this morning after CEO Mark Zuckerberg reiterated the need to operate with more “efficiency and discipline” at the New York Times DealBook…
Shares of Etsy Inc (NASDAQ: ETSY) have already doubled versus their year-to-date low but Jim Cramer remains convinced that the strength will continue in the coming months. Why is he…
Goodrx Holdings Inc (NASDAQ: GDRX) ended nearly 20% up on Thursday after a Citi analyst issued a bullish note on the California-based telemedicine company. Goodrx stock has upside to $7.0…
Designer Brands Inc (NYSE: DBI) is down nearly 25% this morning after the shoes and fashion accessories company reported a disappointing third quarter and lowered its guidance for the future.…
The European Central Bank is painting a very pessimistic outlook for Bitcoin (BTC/USD), noting that the flagship cryptocurrency is now at its “last stand” and could be on its way…
S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0%…