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Podgorica, Montenegro, June 9th, 2023, Chainwire At EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi […] The post ERD DeFi Lending Platform and USDE Stablecoin Unveiled at EDCON 2023 appeared first on Invezz.

• June 09, 2023 05:04 AM PDT
• Invezz

Summary,Software infrastructure is a sub-sector of technology that has experienced a major boom over the past few years.,Zscaler, a cloud-based solutions provider, reported revenue growth of 46% year-over-year in Q3 of fiscal 2023.,MongoDB provides a docu...

• June 09, 2023 02:48 AM PDT
• Akanksha Vashisht

In a time when many investors talk about the next US recession, the stock market ignores all the traditional warnings and keeps marching higher. For example, the S&P 500 index is up over +11% YTD, a spectacular performance given all the recessionary fears in the market. It is like investors might spend all of 2023 […] The post The “Magnificent 7” – mega-tech stocks that led the market higher appeared first on Invezz.

• June 08, 2023 11:11 PM PDT
• Invezz

The Ark Innovation Fund (ARKK) ETF has bounced back this year, helped by the ongoing recovery of the stock market and technology companies. Cathie Wood’s flagship fund, jumped to a high of $43.51 this month, the highest point since February. It has jumped by over 44% from the lowest level in 2022. Despite this, there […] The post Don’t buy Cathie Wood’s ARKK stock: Buy this ETF instead appeared first on Invezz.

• June 08, 2023 11:10 PM PDT
• Invezz

DocuSign Inc (NASDAQ: DOCU) jumped 10% in extended trading on Thursday after reporting market-beating results for its first financial quarter. DocuSign stock up on strong guidance Investors are rewarding the stock also because the management issued upbeat guidance for the future. DocuSign is now calling for $2.71 billion to $2.73 billion in revenue this year, […] The post DocuSign CEO on Q1 earnings: ‘we are well-positioned for future’ appeared first on Invezz.

• June 08, 2023 02:46 PM PDT
• Invezz

Amazon.com Inc (NASDAQ: AMZN) is already up nearly 45% for the year but a Wells Fargo analyst says it’ll unlock a lot more upside in the coming months. Amazon stock should be worth $159 On Thursday, Ken Gawrelski assumed coverage of the eCommerce behemoth with an “overweight” rating and announced a $159 price target – […] The post Amazon stock price forecast: Wells Fargo sees a 30% upside appeared first on Invezz.

• June 08, 2023 10:02 AM PDT
• Invezz