News

Jun 10
Alibaba Cloud launches NFT solution… then quickly memory holes it

The firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results. The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. […]

Jun 10
DocuSign shares plunge 23% on earnings miss

DocuSign Inc.’s. stock DOCU, -3.04% fell 23% in extended trading Thursday after the electronic-documents company reported fiscal first-quarter revenue that exceeded analysts’ forecasts but came up short on earnings. DocuSign reported a net loss of $27.4 million, or 14 cents a share, compared with a net loss of $8.35 million, or 4 cents a share, […]

Jun 10
Biden on Jan. 6 hearing: Attack was ‘flagrant violation,’ people will ‘see for the first time some of the details’

President Joe Biden on Thursday offered comments about the first public hearing of the House committee investigating the Jan. 6, 2021, attack on the U.S. Capitol, which is due to be held at 8 p.m. Eastern. The attack was “a clear and flagrant violation of the Constitution,” and participants were “trying to turn around the […]

Jun 09
Appeals court rules Do Kwon, Terraform Labs must heed SEC subpoena served in September

The U.S. regulator is investigating whether Terraform used its Mirror Protocol to sell unregistered securities in a case unrelated to the Terra collapse. 1013 Total views 46 Total shares The United States Court of Appeals for the Second Circuit on Thursday rejected Terraform Labs CEO Do Kwon’s dispute of a subpoena by the Securities and […]

Jun 09
Dow drops more than 600 points as U.S. stocks end sharply lower ahead of highly-anticipated inflation data

All three major stock benchmarks closed sharply lower Thursday, with the Nasdaq Composite suffering the biggest loss as investors worry about slowing growth and inflation data that will be released Friday. The Dow Jones Industrial Average DJIA, -1.94% dropped around 639 points to close 1.9% lower, while the S&P 500 SPX, -2.38% fell 2.4% and […]

Jun 09
Extended-Hours Trading: Investor Bulletin

The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to help educate investors about extended-hours trading for stocks. Extended-hours trading, refers to trading that occurs outside of regular trading hours. Regular trading hours for stocks traded on exchanges and certain other markets are from 9:30 a.m. to 4:00 p.m. Eastern Time. […]