News

Beiersdorf shares drop after Q2 misses estimates

Investing.com -- Beiersdorf AG (ETR:BEIG) shares fell on Wednesday after its second-quarter earnings report fell short of forecasts. The share price decrease reflects weaker-than-expected margins and

Raiden Resources (ASX:RDN) Gears Up for Drilling as Andover Lithium Exploration Progresses

Highlights,Clearance of final heritage reports at the Andover North and South projects paved the way for the planned drilling programs.,The upcoming drilling will likely include rotary circulation, diamond, and air core drilling programs.,Programs of work...

Rivian stock dips as EV maker keeps production outlook unchanged, posts wider loss

Investing.com -- Rivian reported Tuesday a wider loss in the second-quarter as the electric vehicle (EV) maker produced fewer vehicles in the quarter amid changes to its R1 platform targeting improved

Bitcoin Shows Signs of Recovery with a Bounce Toward $57,000 Price

Bitcoin's price has recently rebounded toward the $57,000 level, leading traders to suggest it represents the “best buying opportunity” after a significant decline earlier in August. The,cryptocurrency,had faced a challenging start to the month, with its ...

Bitcoin Dips to $49K Amid Global Economic Shifts

Bitcoin recently experienced a sharp decline to around $49,000, largely influenced by recent market upheavals.,Bitcoin,’s downturn followed significant policy changes by the Bank of Japan and a notable absence of action from the Federal Reserve, which con...

Airbnb stock tumbles 16% as consumer headwinds weigh on travel demand

Airbnb (NASDAQ:ABNB) reported mixed second-quarter results on Tuesday, but shares slumped more than 16% in premarket trading the next day as the company's third-quarter revenue forecast fell short of

Bitcoin Holders Accumulated $23B After Market Downturn

Recent on-chain activity reveals that Bitcoin whales have significantly increased their holdings over the past month, accumulating nearly $23 billion worth of,Bitcoin,amid a market slump. This notable accumulation underscores a shift in investor behavior ...

Why Marathon Digital Boosts their Bitcoin Holdings to $1.1B?

Marathon Digital Holdings, recognized as the world’s largest Bitcoin miner, has recently amplified its Bitcoin reserves, adopting a "full HODL" approach to asset management. As of August 6, Marathon’s,Bitcoin,holdings have surged to a remarkable 20,818 BT...

Bitcoin Short-Term Holders Suffer $850M Hit in this Downturn

Bitcoin experienced a dramatic drop to around $49,500 on August 5, amidst a broader market panic that saw Asian stock markets unwind months of gains. This severe price movement highlighted a stark contrast in behavior between short-term and long-term,Bitc...

Thailand BOI Approves Hyundai Mobility's Project to Assemble BEV Electric Cars and Batteries

BANGKOK, Aug. 7, 2024 /PRNewswire/ -- The Thailand Board of Investment (BOI) today approved investment promotion applications worth a combined 1 billion baht (USD28 million) by Hyundai Mobility Manufa...

Futures rebound, Walt Disney, BOJ - what's moving markets

SparkToro Partners with Sinch to Build a Cost-Effective and Reliable Email System Using Sinch Mailgun

ATLANTA and STOCKHOLM, Aug. 7, 2024 /PRNewswire/ -- Sinch (Sinch AB (publ) - XSTO: SINCH), which is pioneering the way the world communicates through its Customer Communications Cloud, is excited...

Continental AG stock rises following solid Q2 results

Investing.com -- Continental AG (ETR:CONG) shares jumped on Wednesday following its second quarter results which met expectations despite a downward adjustment to its full-year outlook.

Zoomlion's Expanded Global Footprints: Deliveries, Exhibitions, and Project Engagements Recognized Worldwide

Tailoring engineering solutions to propel international growth CHANGSHA, China, Aug. 7, 2024 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion", 0115...

Bitcoin Volumes Surge to Record High Amid Market Chaos

The recent market turmoil has led to unprecedented levels of Bitcoin trading volume, as investors and hackers alike reacted to the plummeting prices of major cryptocurrencies. On August 5, a significant sell-off in,Bitcoin,, Ether, and,Solana,led to a dra...

SMCI issues upbeat guidance but shares tumble on Q4 earnings, gross margin miss

Investing.com -- Super Micro delivered Tuesday upbeat revenue guidance for the current quarter while Q4 earnings missed estimates and the data center company announced a stock split as it looks to cap

SOL/ETH Ratio Reaches All-Time High Amid Market Turmoil

The SOL/ETH ratio, a metric measuring the value of one Solana token relative to one Ether token, has reached a new all-time high following a significant market-wide sell-off earlier this week. This rise in the ratio comes amid a broader market downturn th...

Will Ethereum Experience a Rally in the Coming Months?

Ether, Ethereum’s native token, has recently experienced a notable rebound after hitting an eight-month low on August 5.,Ethereum,’s,recovery bears a striking resemblance to a previous fractal pattern observed in October 2023, which preceded a substantial...

What’s Fueling Solana’s 31% Rise Despite Recent Market Drop?

Solana's price has shown a notable recovery following a severe market downturn caused by US recession concerns and turmoil in the Japanese financial markets. As of August 6,,Solana,(SOL) has bounced back to just over $144, marking a significant 31% increa...

Memecoins Take Hardest Hit After $510B Crypto Market Crash

The recent $510 billion sell-off in the cryptocurrency market has led to significant losses across numerous assets, with memecoins such as,PEPE,and WIF experiencing some of the most severe declines. This downturn has highlighted the volatility of these as...