FTX’s token plunges 80% on liquidity concerns, wiping out over $2 billion in value
FTT, the native token of crypto exchange FTX, lost most of its value on Tuesday, following news that rival Binance had plans to acquire the company.
Electric vehicle maker Lucid reports third-quarter loss, confirms it’s on track to meet production guidance
The company said it’s still on track to make between 6,000 and 7,000 of its luxury sedans this year.
Novavax posts third quarter loss but beats revenue expectations
The Covid-19 vaccine maker reported a net loss of more than $169 million for the third quarter, compared to a loss of $322 million in the same period last year.
Kevin O’Leary: Do this for 1 hour every morning, or ‘you will lose money 100% of the time’
Kevin O’Leary says reading the news for one hour each morning helps with his productivity and saves him money. Here’s his daily routine, and how it works.
This 22-year-old survives Lebanon with a bitcoin mining business that’s been earning $20,000 a month
Here’s a look into Lebanon’s burgeoning crypto mining industry, a lifeline for many Lebanese as the country’s financial system falls apart.
Wells Fargo says buy small caps over large caps. Here are 10 favorites
This small-cap portfolio has outperformed the Russell 2000 this year.
Salesforce cut hundreds of employees Monday
Deal cycles have been lengthening as top executives weigh in to be more careful about spending, Salesforce co-CEO Marc Benioff said in August.
S&P 500 typically gains big in the year after midterms, even when there’s a recession
The year following midterms has historically been a strong one for the S&P 500, with the benchmark gaining an average 20%.
Disney misses on profit and key revenue segments, warns streaming growth could taper
Disney fell short of expectations for profit and key revenue segments during the fiscal fourth quarter Tuesday.
Binance offers to buy FTX’s non-U.S. operations to fix ‘liquidity crunch’
Binance has reached a deal with Sam Bankman-Fried’s FTX to buy the crypto exchange.
