by Prime Admin | Feb 17, 2023 | Content, Exchange
Snap (SNAP) held its second-ever Investor Day on Thursday just weeks after another brutal quarterly report that sent shares tumbling. CEO Evan Spiegel’s message to investors on Thursday focused on monetization, the growth of Snap’s community, the appeal of...
by Prime Admin | Feb 7, 2023 | Exchange, Markets
Mergers and acquisitions may be exiting their recent slump with multiple takeover deals suddenly making news. Public Storage (PSA) made an $11 billion bid for Life Storage (LSI) on Sunday. Also Sunday, gold miner Newmont (NEM) offered $16.9 billion for smaller...
by Prime Admin | Feb 7, 2023 | Crypto, Exchange, Markets
Binance, the world’s largest cryptocurrency exchange, said it’s temporarily suspending deposits and withdrawals of US dollars using bank accounts, and will work to restart the service soon. The suspension will start Wednesday, according to a Binance spokesperson. No...
by Prime Admin | Feb 2, 2023 | Content, Exchange, Markets
Japanese automaker Mazda (7261.T) has a small, yet cult-like following here in the U.S. While fans of Mazda enjoy the driver-focused characteristics and sporty handling, there is one one area that the company is lagging: electrification. Though the brand had a strong...
by Prime Admin | Feb 1, 2023 | Exchange, Markets
Holiday earnings will have to greatly exceed expectations for Amazon to reach an annual profit for the year. Amazon.com Inc. is expected to reveal this week its first unprofitable year since 2014 and the worst year for its bottom line since 2000 — and expectations for...
by Prime Admin | Jan 26, 2023 | Exchange, Markets
Stock futures were mostly higher Thursday and tech stocks looked poised to rally after Tesla TSLA +0.38% delivered solid quarterly earnings. These stocks could make moves Thursday: Tesla (TSLA) was up more than 7% in premarket trading. The electric-vehicle maker...