Day: September 27, 2022
United Natural Foods Inc. UNFI, -1.28% shares rose 2.1% on Tuesday after the company said its fourth-quarter net income fell to $39 million, or 63 cents a share, from $43 million, or 69 cents a share, in the year-ago quarter. Adjusted fourth-quarter profit rose to $1.27 a share from $1.25 a share. Fourth-quarter sales increased […]
U.S. Silica Holdings Inc. SLCA, +1.14% said Tuesday its Industrial and Specialty Products business will raise prices by 9% to 20% beginning Nov. 1, to help offset “significant and continuing” cost increases in labor, transportation, materials and manufacturing. The performance materials company said the price increases will be for most of its silica sand, aplite, […]
Shares of Velodyne Lidar Inc. VLDR, -0.46% jumped 5.2% in premarket, putting it on track to open above the $1 mark, after the autonomous technology company announced an agreement to provide sensors to Stanley Robotics for an automated valet parking product. Financial terms of the multiyear agreement were not disclosed. “High-performance sensors are key to […]
Shares of FaZe Holdings Inc. FAZE, +3.73% fell 4.0% in premarket trading Tuesday, after the lifestyle and media platform filed for the sale of up to about 70.0 million common shares, as well as 173,333 warrants to buy stock. Of the total being offered, 5.9 million shares would be offered by the company and 64.0 […]
Galaxy announced that they will provide market data so that smart contract developers can build better blockchain applications. 766 Total views 33 Total shares Despite the innovations brought about by blockchain technology, a blockchain by itself does not automatically come with market data. To fix this, the trading and asset management firm Galaxy Digital has […]
Hertz Global Holdings Inc. HTZ, -4.18% and BP PLC BP, +0.79% BP, -2.92% said Tuesday they have signed a memorandum of understanding for the development of a network of electric vehicle charging stations in North America. The charging stations will be powered by BP pulse, the energy’s company’s global electrification and charging brand. BP pulse […]
A classic snap of sideways trading action sees the Bitcoin price aim higher, but concerns remain over what happens next. 1191 Total views 51 Total shares Bitcoin (BTC) delivered long-anticipated volatility on Sep. 27 as a squeeze higher resulted in a push beyond $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price 9-day highs […]
The Pound Sterling rebounded from the “bottom” against the USD. The current quote for the instrument is 1.0799. Now it can be said that all the market reactions relating to the Pound were caused by the £45-billion tax cut package announced earlier by the British government to help the country’s population and companies. The package […]
The major currency pair is looking rather neutral on Tuesday. The current quote for the instrument is 0.9650. Demand for the USD remains high and the reasons for this are still the same – global risk aversion and negative vibes inside the Euro Area economy. The US didn’t publish any interesting statistics yesterday. Germany reported […]
The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy sources powering Bitcoin mining, according to new data. The Cambridge Centre for Alternative Finance (CCAF) on Tuesday released a major update to its Bitcoin mining-dedicated data source, the Cambridge Bitcoin […]
