News

Aug 05
Canopy Growth swings to big loss as revenue falls 19%

Canopy Growth Corp. CGC, -7.09% WEED, -4.34% shares fell 6% in premarket trades Friday after the company said it lost C$2.08 billion ($1.61 billion), or $5.23 a share in its fiscal first quarter, compared to a profit of C$392.42 million, or C$1.02 a share, in the year-ago period. The loss was driven by a non-cash, […]

Aug 05
Binance Card users now have access to XRP, SHIB and AVAX

Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others. 196 Total views 14 Total shares Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX).  […]

Aug 05
Goodyear Tire stock jumps nearly 5% after profit, sales rises above expectations

Shares of Goodyear Tire & Rubber Co. GT, -1.18% jumped 4.9% toward a two-month high in premarket trading Friday, after the tire maker reported second-quarter profit and sales that rose above expectations. The upbeat results were a welcome relief to investors, as the stock tumbled 9.5% the day first-quarter results were reported, and 27.4% after […]

Aug 05
The cryptocurrency market digest (BTC). Overview for 05.08.2022

After several failed attempts, the BTC is trying to rise once again. As a result, major crypto has been “in the red” for seven consecutive trading sessions, and here’s another attempt to correct that. On Friday, the BTC is looking rather neutral and trading at $23,244. The struggle between bulls and bears continues as they […]

Aug 05
The Pound is busy consolidating. Overview for 05.08.2022

GBPUSD priced in the decisions of the Bank of England, but barely moved anywhere. The Pound Sterling is balancing against the USD after the August meeting of the British regulator. The current quote for the instrument is 1.2164. The Bank of England had another meeting yesterday and raised the benchmark interest rate to 1.75% (+50 […]

Aug 05
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. 5161 Total views 19 Total shares Former Twitter CEO Jack Dorsey’s digital payments firm Block Inc. saw its year-on-year (YoY) profits […]