Business news

Over 30k crypto community backs CZ in dynamic on-chain poll
April 30, 2024 09:29 AM PDT | By InvezzNew York, USA, April 30 In a significant demonstration of community backing, over 30,000 on-chain users have voiced their support for Changpeng Zhao (...

Apellis Pharmaceuticals stock has lost 40% in 2024: buy the dip?
April 30, 2024 09:28 AM PDT | By InvezzApellis Pharmaceuticals Inc (NASDAQ: APLS) is down nearly 40% versus its year-to-date high but a Mizuho analyst does not see it as an opportunity to b...

Shiba Inu displays top performance in Japan as SHIB/JPY debuts on Bi...
April 30, 2024 09:01 AM PDT | By InvezzBinance Japan confirmed plans to list the SHIB/JPY on the spot market by 30 April. Consequently, the trading platform opened the new pair for trading...

Coinbase officially rolls out support for Bitcoin Lightning Network
April 30, 2024 08:52 AM PDT | By InvezzCoinbase is officially rolling out support for Lightning Network, according to details shared today. The exchange’s integration of the Bitcoin layer-2...

Sysco chairman steps down following Q3 earnings report
April 30, 2024 08:30 AM PDT | By InvezzSysco Corp (NYSE: SYY) is in the red at writing after coming in shy of Street estimates for revenue in its fiscal third quarter. Sysco names Kevin Hou...

Eli Lilly (LLY) stock soars, Q1 earnings results show 26% revenue gr...
April 30, 2024 07:57 AM PDT | By InvezzThe Eli Lilly And Company (NYSE: LLY) stock has jumped +53.33 (7.23%) after the company reported strong financial performance in its Q1 earnings repor...

Coinbase moves billions of Shiba Inu (SHIB) tokens to an unknown wal...
April 30, 2024 07:45 AM PDT | By InvezzCoinbase exchange transferred 100.009 billion Shiba Inu (SHIB) tokens, worth over $2.37M, to an anonymous address within the past day. Massive token m...

Canada’s GDP growth misses expectations in February, hints at modest...
April 30, 2024 06:51 AM PDT | By InvezzCanada’s economy grew by 0.2% in February, slightly below the market expectations of 0.3%, according to the latest data. This modest rise follow...

G7 set to sign pact to end coal-based electricity production by 2035...
April 30, 2024 06:14 AM PDT | By InvezzEnergy ministers representing the Group of Seven (G7) major democracies are set to sign an agreement aimed at ending the use of coal in electricity pr...

Estee Lauder stock price forms a bearish flag ahead of earnings
April 30, 2024 05:49 AM PDT | By InvezzEstee Lauder (NYSE: EL) stock price will be in the spotlight on Wednesday after the embattled company publishes its financial results. The shares were...

Sui Teams up with Google Cloud to drive Web3 innovation with enhance...
April 30, 2024 05:46 AM PDT | By InvezzPalo Alto, California, April 30th, 2024, Chainwire Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered deve...

Marathon Petroleum Q1 earnings bode well for hedge funds: here’s why
April 30, 2024 05:36 AM PDT | By InvezzMarathon Petroleum Corp (NYSE: MPC) says solid demand for refined products and tightened fuel supply helped it beat Street estimates in its fiscal Q1....

Polychain and Binance Labs invest in Celestia liquid staking protoco...
April 30, 2024 05:36 AM PDT | By InvezzMilkyWay, the liquid staking hub for Celestia’s modular ecosystem, has received backing from top crypto and blockchain venture capital firms Polychain...

Luckin Coffee stock still at risk as revenue growth accelerates
April 30, 2024 05:05 AM PDT | By InvezzLuckin Coffee stock price was little changed in the pre-market session after the company published its first-quarter results. It was trading at $21.13...

Harris and Trotter Digital Assets raises $10 million in Series A rou...
April 30, 2024 04:53 AM PDT | By InvezzTel Aviv, Israel, April 30th, 2024, Chainwire Harris and Trotter Digital Assets, a London-based, global-serving cryptocurrency accountancy firm, has f...

Terraform Labs’ defense requests $1M in civil penalty with new motio...
April 30, 2024 04:52 AM PDT | By InvezzThe Securities and Exchange Commission wanted Terraform Labs and Do Kwon, the platform’s co-founder, to pay $5.3 billion in civil penalties for deceiv...

Asia’s first crypto ETFs debut in Hong Kong, demand remains uncertai...
April 30, 2024 04:37 AM PDT | By InvezzHong Kong has made history as it launched Asia’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs) in an event attended by major fina...

McDonald’s earnings: Revenues hit, while EPS misses the mark in Q1 f...
April 30, 2024 04:28 AM PDT | By InvezzToday, on April 30th, fast food giant McDonald’s Corporation (NYSE: MCD) reported its Q1 2024 financial results before US markets opened. Global compa...

Yue Minjun revolutionizes Bitcoin art scene with pioneering Ordinals...
April 30, 2024 04:14 AM PDT | By InvezzNEW YORK, United States, April 30th, 2024, Chainwire The first major contemporary artist to adopt the Bitcoin blockchain LiveArt proudly unveils Human...

Earnings: Coca-Cola surprises again with not-so-sweet Q1 financial r...
April 30, 2024 04:09 AM PDT | By InvezzInvestors and analysts alike weren’t sure what to expect of today’s earnings season report from The Coca-Cola Company (KO). On the one hand, inflation...