Latest Market News

Oct 17
Roblox stock surges after growth in September DAUs and bookings, while previous revenue estimates adjusted down

Roblox Corp. RBLX, +19.42% reported September metrics Monday that showed average daily active users (DAUs) rose 23% from a year ago to 57.8 million, which was down from 59.9 million in August but up from 52.2 million in July. Hours engaged for the month were up 16% to 4.0 billion, while estimated bookings increased 11% […]

Oct 17
Mastercard offers crypto trading to financial customers via alliance with Paxos Trust Co.

Mastercard Inc. MA, +2.67% shares rose 3.9% on Monday after it said it’s launching Crypto Source, a program to help financial institutions offer secure crypto trading capabilities and services to their customers. Mastercard’s financial institution partners will be able to engage in buy, hold and sell services for select crypto assets. Mastercard is weaving the […]

Oct 17
Germany leaves the US behind in top crypto economies in Q3: Report

The United States, which was the joint top-ranked crypto economy last quarter along with Germany, fell to seventh place in the rankings. 960 Total views 40 Total shares Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint […]

Oct 17
Airline stocks rise as daily travelers reach highest level since before the pandemic

Share of airline companies enjoyed a broad rally Monday, boosted by data showing the most people flew on Sunday since before the pandemic, and by the rally in the broader stock market. The U.S. Global Jets ETF JETS, +2.02% climbed 1.5% in morning trading, while the S&P 500 SPX, +2.69% jumped 2.6%. Among the Jets […]

Oct 17
Canoo stock bounces off record low after order for 9,300 EV and option to double the order, from Kingbee

Shares of Canoo Inc. GOEV, -5.84% bounced 10.9% in premarket trading, off the previous session’s record-low close, after the California-based electric vehicle maker said it received an order for 9,300 EVs from work van rental company Kingbee. The order includes an option to double the order to 18,600 EVs. Financial terms of the order were […]

Oct 17
Digital gaming company Snail to offer 5 million shares in IPO priced at $5 to $7 each

Snail Inc., a digital entertainment company that offers gaming on a variety of platforms, set terms for its initial public offering on Monday with plans to offer 5 million shares priced at $5 to $7 each. The company would raise $35 million at the top of that range at a valuation of $350 million, based […]