Tag Archives: Market News

[unable to retrieve full-text content]CoinspeakerSoftBank Group May See Profit after Vision Fund Lost $48B Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report. SoftBank Group May See Profit after Vision Fund Lost $48B

[unable to retrieve full-text content]CoinspeakerHua Hong Shares Up 13% Following Public Debut Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.  Hua Hong Shares Up 13% Following Public Debut

[unable to retrieve full-text content]CoinspeakerWorld’s Largest Oil firm Saudi Aramco Reports 38% Drop in Q2 2023 Profits Despite the revenue drop during the second quarter, Saudi Aramco declared a $19.5 billion dividend payout to shareholders. World’s Largest Oil firm Saudi Aramco Reports 38% Drop in Q2 2023 Profits

[unable to retrieve full-text content]CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally

[unable to retrieve full-text content]CoinspeakerSaudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio Saudi Arabia's investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments. Saudi Arabia’s Sovereign Wealth Fund Reports $16B Loss From Crash in Investment Portfolio

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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%

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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