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Plug Power Inc. PLUG, -14.32% stock fell more than 6% in the extended session Monday after the hydrogen fuel-cell company reported a wider-than-expected quarterly loss and revenue was below expectations, saying that higher natural-gas prices have hit its margins. Plug Power lost $157 million, or 27 cents a share, in the first quarter, compared with […]
In the future, India’s NDSL and the Securities Board division will welcome other entities to join the decentralized network. 1161 Total views 28 Total shares The National Securities Depository (NSDL), India’s central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the distributed ledger technology (DLT) platform on Saturday during […]
ThredUp Inc. TDUP, -13.42% shares fell nearly 10% in the extended session Monday after the secondhand retailer posted mixed quarterly results, with sales above expectations but losses wider than Wall Street estimated. ThredUp said it lost $21 million, or 21 cents a share, in the quarter, compared with a loss of $16 million, or 86 […]
Though the protocol offers an arguably lucrative yield of 4% per year, it’s only available to accredited investors as of now. 901 Total views 31 Total shares On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at […]
Gay-dating app Grindr said late Monday it has agreed to merge with a so-called blank-check company in a deal that values the combined company, to be called Grindr Inc., at $2.1 billion. The business combination with special purpose acquisition company Tiga Acquisition Corp. TINV, would raise about $384 million, Grindr said. Its business is a […]
AUDJPY Key Level on Watch Putting the focus back on AUDJPY this week. A previously highlighted setup is still in the offing here. The market is potentially carving out a head and shoulders pattern, suggesting room for at least a medium-term correction lower. The key level to watch for a is a break of the […]