HelloFresh stock dives on gloomy 2024 forecast
HelloFresh, the once-heralded recipe box delivery company, experienced a staggering 42% drop in its share price on Friday morning, marking its worst trading session ever. [more…]
Category: U.S.
Foot Locker shares take a tumble
Foot Locker, the popular sneaker retailer, experienced a significant setback as its shares plummeted by approximately 30% following the release of its holiday-quarter financial results. [more…]
Crude oil prices dip despite China’s growth plans and OPEC+ cuts
In a twist of market dynamics, crude oil futures experienced a slight downturn for the second consecutive day on Tuesday. Despite China’s optimistic pledge to [more…]
Bitcoin and Ether soar in February surge, setting stage for halving-driven rally
Cryptocurrency prices surged on Thursday as bitcoin and ether headed for a successful month, reflecting renewed investor interest and market optimism. According to Coin Metrics, [more…]
Berkshire Hathaway surges on strong earnings, Warren Buffett cautions on future growth
Shares of Berkshire Hathaway surged on Monday following the release of its impressive fourth-quarter earnings report. The conglomerate, led by legendary investor Warren Buffett, reported [more…]
Carvana drives past expectations, slashes debt and posts first annual profit
Carvana went into overdrive on Friday, shares surging nearly 40% after the online used-car retailer hit a major milestone, posting its first annual profit. This [more…]
Venezuelan PDVSA bonds plunge as New York court rules on validity
In a turn of events, Venezuelan PDVSA bonds have taken a nosedive following a New York court ruling that their validity must be determined by [more…]
DraftKings beats the odds, revenue up despite NFL setbacks, raises 2024 guidance
DraftKings, the popular sports betting company, faced a challenging quarter as it fell short of Wall Street’s expectations. Despite missing estimates on both the top [more…]
Coinbase up12% as the company reports first profit in two years
Coinbase surged 12% on Friday in U.S. premarket trading after the company revealed its first profit in two years. The largest U.S. exchange for buying [more…]
Bitcoin market cap surpasses $1 trillion as price hit $51,000 mark
On Wednesday, the total value of all bitcoins in circulation exceeded $1 trillion for the first time since late 2021. This milestone was accompanied by [more…]