Latest Market News
Shares of Carnival Corp. CCL, +12.44% rallied 3.5% in morning trading Friday, after the cruise operator provided business update for the second quarter, in which cash from operations turned positive but revenue came up short of expectations. The company said second-quarter revenue increased by “nearly 50%” from the sequential first quarter, while the current FactSet […]
The alleged removal is a bit strange considering Bored and Hungry only opened its doors back in April. 4156 Total views 132 Total shares The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food. When questioned, one Bored […]
Juul Labs Inc. asked Friday that a federal appeals court temporarily block the the U.S. Food and Drug Administration’s ban on its e-cigarettes, according to a report in The Wall Street Journal. The FDA on Thursday had banned Juul from marketing its vape products in the U.S., as part of its commitment to ensure all […]
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. 3735 Total views 65 Total shares The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which […]
Shares of housing market companies enjoyed a broad rally Friday, after data showing that new home sales surprisingly rose, and sharply, in the face of other signs showing a slowdown in the housing sector. The SPDR S&P Homebuilders ETF XHB, +2.80% rallied 2.9% in morning trading, with all 35 components trading higher. Among the more […]
The digital financial environment continues to develop almost every second, which is no surprise to those in the crypto sector. Among such technological advancements, a new project called StrongBlock has popularized the concept of the node as a service (NaaS) on the blockchain. NaaS is an alternative to running entire blockchain nodes on your own; […]