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Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies. 708 Total views 10 Total shares Surging Bitcoin (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants. The Bitcoin hash rate, the amount of […]
Shares of Container Store Group Inc. TCS, -6.08% dropped more than 6% in the extended session Tuesday after the retailer reported mixed fiscal second-quarter earnings and said foot traffic in its stores is slowing. Container Store earned $15.7 million, or 31 cents a share, compared with $27.2 million, or 54 cents a share, in the […]
Chegg Inc.’s stock CHGG, -2.13% initially soared 16% in extended trading Tuesday after the online-learning platform reported fiscal third-quarter revenue and earnings that exceeded Wall Street analysts’ forecasts. Chegg reported net income of $251.6 million, or $1.23 a share, compared with net income of $6.65 million, or 5 cents a share, in the year-ago quarter. […]
U.S. stocks finished lower Tuesday for a second straight session, with risk appetite waning a day before the conclusion of a two-day Federal Reserve meeting that is expected to produce another jumbo increase to the central bank’s policy rate. The Dow Jones Industrial Average DJIA, -0.24% shed about 82 points, or 0.3%, ending near 32,650. […]
Calgary-based cannabis company SNDL Inc. SNDL, -2.03% said Tuesday it plans to add to its cannabis exporting business with its purchase of a 380,000-square-foot indoor growing facility in Atholville, New Brunswick, as part of its acquisition of Zenabis Ltd. SNDL said it received an approval order from the Québec Superior Court to close its purchase […]
Read Next SoFi stock surges after earnings beat as company lifts forecast SoFi Technologies Inc. shares undefined were surging in premarket action Tuesday after the financial-services company topped expectations with its latest results and boosted its full-year forecast. The company generated a third-quarter comprehensive loss of $75.8 million, or 9 cents a share, compared with […]