Domino’s Pizza shares drop after revenue shortfall
Domino’s Pizza (DPZ), a pizza maker, has seen its stock dip by 8% in premarket trades, following the announcement of its fourth-quarter revenue figures. The figures fell short of the expectations of Wall Street analysts, as the company faced a decline in its delivery business. The company reported a profit of $158.3 million, or $4.43 […]
Nansen Lists Key Indicators Ahead of Ethereum’s Shanghai Upgrade
Nansen, the on-chain analytics platform, has recently released an update on what investors should look for ahead of the Ethereum Shanghai upgrade. Scheduled for February 28, 2023, the Shanghai upgrade is an upgrade on the Ethereum network that will allow network validators to withdraw staked ETH. This is a new feature not enabled during the […]
Next on the downside emerges the 2023 low
The EUR/USD currency pair is currently trading near its 7-week low of 1.0580, as the pair attempts to rebound from this level. This is the lowest level the pair has seen since early January, and if the bearish pressure continues, the pair could extend its decline to the yearly low of 1.0480. However, the pair […]
EBay stock falls as sales and profit decline, though revenue and outlook beat estimates
EBay Inc. on Wednesday reported fourth-quarter results that met or beat analysts’ expectations despite being down year over year, as well as a first-quarter outlook that beat estimates. The company’s stock took an initial increase immediately after the markets closed, but then fell more than 5% in extended trading. “Our Q4 results demonstrate the continued […]
FOMC minutes can keep the Dollar supported – ING
The release of the February Federal Open Market Committee (FOMC) minutes gave little comfort to Dollar bears, according to economists at ING. The consensus of the FOMC agreed that further rate increases were necessary and that inflation remained unacceptably high. There were no hints of a pause, and the market pricing of three more 25 […]
Coinbase discloses recent cyberattack targeting employees
Coinbase, one of the leading crypto exchanges, recently disclosed that it had been the target of a cyberattack on February 5th. The attack was conducted through SMS scams, with the perpetrator impersonating IT staff in order to gain access to the company’s internal systems. Fortunately, no customer funds or information were impacted. The attack began […]
NetApp stock drops 5% as outlook reflects ‘weakening IT spending’
NetApp Inc. (NTAP) shares declined in the extended session Wednesday after the cloud-based data-services company’s forecast came in light as weak business spending poses a challenge. The stock fell as much as 5% after hours, following a 0.2% decline in the regular session to close at $65.83. NetApp forecasted adjusted earnings of $1.30 to $1.40 […]
Forecasts from four major banks, upside revision
The Eurozone Harmonised Index of Consumer Prices (HICP) data for January is due to be released by Eurostat on Thursday, February 23 at 10:00 GMT. As the release date draws closer, economists and researchers from four major banks have shared their expectations for the upcoming EU inflation print. The consensus is that the headline HICP […]
Five9’s stock drops on widening quarterly loss
Five9 Inc.’s stock (FIVN) dove more than 6% in extended trading Wednesday after the cloud-software reported a widening quarterly loss. For the fiscal fourth-quarter, Five9 reported a net loss of $13.65 million, or 19 cents a share, compared to the net loss of $3.6 million, or 5 cents a share, in the same quarter the […]
Binance Adds SSV/USDT & VIB/USDT Trading Pairs
Fellow Binancians, We are pleased to announce that Binance will be opening trading for the SSV/USDT and VIB/USDT trading pairs at 2023-02-24 08:00 (UTC). This is a great opportunity for traders to take advantage of the new trading pairs and start trading on Binance Spot. To ensure a smooth and successful trading experience, we encourage […]