Archives

Hong Kong, Hong Kong, April 2nd, 2024, Chainwire Moongate announces the closing of a $2.7M Seed round to develop a Modular Web3 Engagement Layer for Real-World Activations. Backed by its success in disrupting the ticketing industry, the company aims to expand its reach into other sectors to transform interactive experiences using blockchain and AI. The […]

• April 01, 2024 07:51 PM PDT
• Invezz

First Solar (NASDAQ: FSLR) stock price has staged a strong recovery in the past few months even as challenges in the solar industry have remained. It rose to a high of $171 on Monday, its highest point since January 2nd. As a result, it is up by over 33% from its lowest point in 2023. […]

• April 01, 2024 07:02 PM PDT
• Invezz

The Russell 2000 index continued to underperform the Dow Jones and Nasdaq 100 indices in the first quarter of 2024. The closely-watched iShares Russell 2000 ETF (IWM) rose by about 5% in Q1 while the Invesco QQQ and SPDR SPY ETFs jumped by more than 10%.  IWM vs QQQ vs SPY Why the Russell 2000 […]

• April 01, 2024 06:02 PM PDT
• Invezz

Canoo Inc (NASDAQ: GOEV) says its management has identified “substantial doubt about our ability to continue as a going concern”. Shares of the EV firm are down 20% in extended hours. Canoo lacks funds to support operations The California-based company does not have sufficient funds to support operations for another twelve months, as per […]

• April 01, 2024 02:32 PM PDT
• Invezz

Canoo Inc (NASDAQ: GOEV) says its management has identified “substantial doubt about our ability to continue as a going concern”. Shares of the EV firm are down about 40% in extended hours. Canoo lacks funds to support operations The California-based company does not have sufficient funds to support operations for another twelve months, as […]

• April 01, 2024 02:32 PM PDT
• Invezz

The Chinese government has unveiled an ambitious project titled “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” with Conflux Network leading the charge. This initiative aims to establish a robust public blockchain infrastructure platform, facilitating cross-border applications and fostering collaboration along the Belt and Road Initiative routes. China’s Conflux-led Belt and Road […]

• April 01, 2024 10:25 AM PDT
• Invezz

Solventum Corp (NYSE: SOLV) lost about 3.0% as it debuted on the New York Stock Exchange on Monday. The healthcare name was separated from 3M & Co (NYSE: MMM) in March. How much of Solventum is under 3M ownership? The manufacturing giant based out of Saint Paul, Minnesota still has a near 20% stake in […]

• April 01, 2024 08:43 AM PDT
• Invezz

Trump Media & Technology (DJT), Rumble (RUM), and Reddit (RDDT) stock prices dived hard on Monday, erasing some of the recent gains.  DJT, the newly-public social media company, crashed by over 14% on Monday and is now down by almost 20% from its highest point last week.  Similarly, Rumble, the social media company popular with […]

• April 01, 2024 08:20 AM PDT
• Invezz

The Super Micro Computer (NASDAQ: SMCI) stock price had a great performance in the first quarter. It jumped by over 265% in Q1, making it one of the best-performing companies in Wall Street. This rally brought its market valuation to about $60 billion and an addition to the S&P 500 index. Super Micro Computer did […]

• April 01, 2024 07:37 AM PDT
• Invezz

Scottish Mortgage Investment Trust (LON: SMT) share price had a strong performance in the first quarter as the technology boom continued.  The SMT stock jumped by almost 14% in Q1 while the Invesco QQQ, which tracks the Nasdaq 100 index, rose by 10.40%. Cathie Wood’s Ark Innovation Fund (ARKK) retreated by over 5% during the […]

• April 01, 2024 06:56 AM PDT
• Invezz