CoinspeakerFoxconn Maintains Caution on Global Uncertainties despite Beating Forecasts in Q2 2023 Earnings Foxconn sees sluggish demand for electronics within the global economy for the rest of the year and thus it has reduced its revenue estimates. Foxconn Maintains Caution on Global Uncertainties despite Beating Forecasts in Q2 2023 Earnings
Read More »Japanese Yen Slumps to Lowest Level Against US Dollar Since November 2022
CoinspeakerJapanese Yen Slumps to Lowest Level Against US Dollar Since November 2022 While the Japanese currency is headed towards a downward trajectory, the US dollar has displayed a strong uptrend since the close of July. Japanese Yen Slumps to Lowest Level Against US Dollar Since November 2022
Read More »Gold Prices Expected to Hit $2,500 as Recession Fears Continue
CoinspeakerGold Prices Expected to Hit $2,500 as Recession Fears Continue Analysts and stakeholders expect gold prices to rise as the year runs out because of macroeconomic factors and recession risks. Gold Prices Expected to Hit $2,500 as Recession Fears Continue
Read More »Robinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit
CoinspeakerRobinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit Robinhood had earlier motioned for the arguments against it to be completely dismissed. Robinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit
Read More »Huawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges
CoinspeakerHuawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges Despite the US sanctions and the current economic situation in China, Huawei has continued to innovate and diversify. Huawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges
Read More »Alibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14%
CoinspeakerAlibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14% The company’s expansion into new business verticals has played a significant role in bolstering its fiscal Q1 2024 results. Alibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14%
Read More »Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy
CoinspeakerCircle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy The Circle CEO said that it's time for the US to build on-chain dollars and embrace the multichain future, otherwise, the reserve currency could lose market share to China and Europe. Circle CEO Jeremy Allaire Cites Major Threat to USD in Global Economy
Read More »Amazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO
CoinspeakerAmazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO Amazon is looking to anchor the IPO and has joined Nvidia, Apple, Intel, TSMC, and Samsung in official talks with Arm Ltd. Amazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO
Read More »Eli Lilly Raises Full Year Outlook amid Q2 2023 Profit Surge of 85%
CoinspeakerEli Lilly Raises Full Year Outlook amid Q2 2023 Profit Surge of 85% Eli Lilly’s success can be ascribed in part to its promising medical pipeline and strategic acquisitions. Eli Lilly Raises Full Year Outlook amid Q2 2023 Profit Surge of 85%
Read More »Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades
CoinspeakerMoody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades Moody's is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds. Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades
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