Tag Archives: Business News

CoinspeakerNikola’s CEO Michael Lohscheller Steps Down, Company Releases Q2 2023 Report Nikola's second-quarter results not only revealed insights into its financial situation but also demonstrated the company’s aggressive measures to strengthen its financial base.  Nikola’s CEO Michael Lohscheller Steps Down, Company Releases Q2 2023 Report

CoinspeakerGoogle-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7% Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company. Google-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7%

CoinspeakerBlock Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments. Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales

CoinspeakerRevolut to Close US Crypto Services Due to Uncertain Regulatory Position From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies. Revolut to Close US Crypto Services Due to Uncertain Regulatory Position

CoinspeakerTikTok Is Working to Secure Payment License in Indonesia Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia. TikTok Is Working to Secure Payment License in Indonesia

CoinspeakerShipping Giant Maersk Outperforms Forecasts in Q2 2023 Earnings Results Despite 72% Profit Drop  Amid muted global macroeconomic growth and mounting pressure from higher interest rates, Maersk revised its profit forecast for the whole year. Shipping Giant Maersk Outperforms Forecasts in Q2 2023 Earnings Results Despite 72% Profit Drop 

CoinspeakerAlibaba Cloud Unveils Open-Sourced AI Models to Challenge Meta’s Llama 2 The move follows Meta's release of its own open-sourced LLM, Llama 2, in July Alibaba Cloud Unveils Open-Sourced AI Models to Challenge Meta’s Llama 2

CoinspeakerNintendo Q1 2024 Revenue Jumps amid Eclectic Super Mario Movie Release Nintendo’s flagship Switch games console series remains a dominant force in the gaming industry. Nintendo Q1 2024 Revenue Jumps amid Eclectic Super Mario Movie Release

CoinspeakerPayPal (PYPL) Shares Fall 7% as Q2 2023 Report Disappoints Investors Despite investor disappointment, CEO Dan Schulman is confident that Q2 2023 shows that PayPal is on the right path to growth. PayPal (PYPL) Shares Fall 7% as Q2 2023 Report Disappoints Investors

CoinspeakerJPMorgan Chief Reacts to Fitch Ratings US Downgrade to AA+ In reaction to the Fitch Ratings downgrade, the JPMorgan CEO said that “it doesn’t really matter that much”. JPMorgan Chief Reacts to Fitch Ratings US Downgrade to AA+