News

Oct 14
Beyond Meat stock tumbles 10% premarket after revenue warning and news of 200 job cuts

Beyond Meat Inc. shares BYND, +4.08% slid 10% in premarket trade Friday, after the plant-based food company issued a revenue warning, announced a plan to cut about 200 workers and said it’s cutting other costs as it makes a strategic shift aimed at achieving positive cash flow operations. The company said the job cuts account […]

Oct 14
Nutanix stock rockets toward a 5-month high after WSJ report of buyout interest

Shares of Nutanix Inc. NTNX, +0.76% soared 20.2% toward a five-month high in premarket trading Friday, after The Wall Street Journal reported that the cloud services company has received buyout interest and is exploring a sale. The WSJ report, which cited people familiar with the matter, said Nutanix is expected to target private-equity and industry […]

Oct 14
The cryptocurrency market digest (BTC). Overview for 14.10.2022

The BTC is rising on Friday – the asset is mostly trading at $19,605. Yesterday, the market was very nervous and is still trying to reach stability. At the same time, the BTC dropped to $18,183 amid exchange sales but managed to recover pretty fast. As we can see, the support area between $18,000-$19,000 was […]

Oct 14
EUR found a reason to grow. Overview for 14.10.2022

The major currency pair is stable on Friday. The current quote for the instrument is 0.9780. Yesterday the US released this week’s key report, the CPI for September. The indicator dropped to 8.2% y/y after being 8.3% y/y in August, which is quite good. However, on MoM, it added 0.4% against the expected reading of […]

Oct 14
CoinShares’ Twitter bot gives a ‘fair price’ on NFTs… or does it?

Digital asset manager CoinShares has launched an experimental Twitter bot that will, in theory, enable users to check the estimated fair market value of specific nonfungible tokens (NFTs), though a few have been less than enthused about the estimates given.  The firm announced the bot dubbed CoinSharesNFTAI via Twitter on Oct. 13 and outlined that […]

Oct 14
Banking software company Temenos slides on profit warning

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch