“Bitcoin Plummets 3%: A Surprising Split from Soaring AI Tech Stocks!”
Bitcoin selling pressure continues and more so as the world’s largest cryptocurrency slips by another 3% and is now trading under $27,000. As of press time, the BTC price is trading 3.13% down at a price of $26,795 and a market cap of $519 billion. Since the beginning of 2023, Bitcoin (BTC) has shared a […]
Avnet Stock Soars 3%: Earnings & Revenue Skyrocket, Surpassing Expectations
Electronics company Avnet Corp. delivered results that exceeded analyst expectations for its third-quarter revenue and earnings. Shares in the company rose 3% as Avnet reports net income of $187.4 million at $2.03 per share, compared to a net income of $183.4 million from the previous year’s quarter. With adjusted earnings at $2.05 a share, revenue […]
Breaking: GoodRx Soars 3% as Co-Founders and Co-CEOs Announce Plans to Step Down
GoodRx Holdings Inc.’s stocks rose over 3% in extended trading following the announcement that co-founders Trevor Bezdek and Douglas Hirsch will step down as co-CEOs. Scott Wagner, who previously served as an executive at GoDaddy Inc., has been appointed as interim CEO, effective immediately. Bezdek and Hirsch will continue to serve as executives within the […]
Tesla Takes 3% Hit as Revenue Fails to Meet Expectations: Stockholders Brace for Impact
Tesla’s stock fell 3.5% as the electric automaker posted revenue of $23.3 billion in Q3, missing expectations by $60 million. Although the company’s adjusted EPS of $0.85 met revenue forecasts, it was not enough to settle the market. Revenue for Tesla has grown year-over-year, increasing by 24% in the third quarter. The company’s stock price […]
“Get Ready: 3% Consumer Inflation Set to Slow Down – What’s Next?”
Bank of Japan (BoJ) Governor Kazuo Ueda recently reassured the G7 that the central bank intends to continue monetary easing until its price target is stable and sustainably achieved. Ueda highlighted that while Japan’s consumer inflation currently sits around 3%, it is likely to decelerate in the future. Since 2013, the BoJ has been engaged […]