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GigaCloud (GCT) stock price is in a deep bear market: buy the dip?
Technology

GigaCloud (GCT) stock price is in a deep bear market: buy the dip?

GigaCloud Technology (NASDAQ: GCT) stock price has suffered a harsh reversal, a few days after it surged to a high of $45.16. It plummeted to $25 on Wednesday, a 42% crash from its highest point this year. So, is it still safe to buy GigaCloud shares? Post-earnings momentum fades GigaCloud Technology is a major company […]

  • March 28, 2024 05:52 AM PDT
  • Invezz
Canadian province of British Columbia pursuing QuadrigaCX co-founder’s assets
Latest

Canadian province of British Columbia pursuing QuadrigaCX co-founder’s assets

British Columbia authorities are intensifying their efforts to hold individuals accountable for their involvement in the collapse of QuadrigaCX, a cryptocurrency firm that left thousands facing substantial losses. In the latest development, the province has targeted Michael Patryn, a co-founder of QuadrigaCX, seeking explanations for assets linked to alleged fraudulent activities. British Columbia pushing to […]

  • March 28, 2024 05:02 AM PDT
  • Invezz
Sam Bankman-Fried sentencing today: Disgraced ex-FTX head could get up to 110 years in prison
Latest

Sam Bankman-Fried sentencing today: Disgraced ex-FTX head could get up to 110 years in prison

Today marks a critical juncture for the cryptocurrency industry as disgraced former crypto tycoon Sam Bankman-Fried faces sentencing on multiple fraud charges. Disgraced king of crypto Once hailed as the “King of Crypto” and the visionary leader behind the multi-billion-dollar company FTX, Bankman-Fried now stares down the possibility of up to 110 years in prison, […]

  • March 28, 2024 04:21 AM PDT
  • Invezz
Walgreens beats estimates in fiscal Q2
Latest

Walgreens beats estimates in fiscal Q2

Walgreens Boots Alliance Inc (NASDAQ: WBA) is trading slightly up in premarket on Thursday after reporting upbeat financial results for its second quarter. Walgreens’ guidance for the full year Investors are cheering also because the management issued encouraging guidance for the future. $WBA now forecasts its adjusted per-share earnings to fall between $3.20 and $3.35 […]

  • March 28, 2024 04:16 AM PDT
  • Invezz
These shares ruled the FTSE 100 index in Q1: RR, BEZ, SMDS
Stock Market

These shares ruled the FTSE 100 index in Q1: RR, BEZ, SMDS

The FTSE 100 index was left in the dust by its European peers in the first quarter of the year. Most European indices like the German DAX and Italy’s FTSE MIB surged to their all-time highs while the FTSE 100 index rose by less than 3%. But the Footsie is catching up with these indices. […]

  • March 28, 2024 04:10 AM PDT
  • Invezz
DeFi Saver integrates Safe to bring account abstraction to DeFi
Latest

DeFi Saver integrates Safe to bring account abstraction to DeFi

Delaware, USA, March 28th, 2024, Chainwire In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction […]

  • March 28, 2024 04:10 AM PDT
  • Invezz
Home Depot to buy SRS Distribution for over $18 billion
Retail

Home Depot to buy SRS Distribution for over $18 billion

Home Depot Inc (NYSE: HD) just announced plans of buying SRS Distribution for $18.25 billion. Its shares are roughly flat in premarket on Thursday. How will $HD finance SRS acquisition? The announced acquisition reiterates $HD’s commitment to winning more business from home professionals including contractors and roofers. Home Depot will finance the SRS Distribution transaction […]

  • March 28, 2024 03:35 AM PDT
  • Invezz
Bybit launches a regulated digital asset platform in the Netherlands
Latest

Bybit launches a regulated digital asset platform in the Netherlands

Bybit, a leading cryptocurrency exchange, has announced the launch of a digital asset platform in the Netherlands known as Bybit.nl. This digital asset platform is fully regulated in the Netherlands, with Bybit working to ensure that it remains committed to offering top-tier services to crypto users while remaining compliant with the existing regulatory framework. Bybit’s […]

  • March 28, 2024 03:00 AM PDT
  • Invezz
Has Medical Properties Trust finally bottomed out?
Market Analysis

Has Medical Properties Trust finally bottomed out?

Shares of Medical Properties Trust, Inc. (NYSE: MPW) surged over 18% by the close of trading on Wednesday, driven by breaking news regarding its primary tenant, Steward Health Care. Steward Health Care has reached an agreement to sell its physician network to Optum Care, a subsidiary of UnitedHealth (NYSE: UNH). MPW’s stock has fallen dramatically […]

  • March 28, 2024 02:47 AM PDT
  • Invezz
STRUMP token loses steam; Realio Network (RIO) and Algotech (ALGT) see a surge in activity
Latest

STRUMP token loses steam; Realio Network (RIO) and Algotech (ALGT) see a surge in activity

In the volatile world of cryptocurrency, trends can change rapidly. The Super Trump (STRUMP) token has experienced a significant downturn after a remarkable bull run that saw it reach an all-time high on March 13. But in a world full of alternatives, two other tokens – Realio Network (RIO) and Algotech (ALGT) – have taken […]

  • March 28, 2024 02:20 AM PDT
  • Invezz