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Abbott beats estimates, reports a 2.2% rise in Q1 sales
Forex

Abbott beats estimates, reports a 2.2% rise in Q1 sales

Abbott Laboratories on April 17 reported a 2.2% rise of $10 billion in its 2024 first-quarter sales which includes the impact of the anticipated decline in COVID-19 testing-related sales as compared to the previous year. Organic sales grew for the underlying base business of 10.8%, which represents the fifth consecutive quarter of double-digit growth. According […]

  • April 17, 2024 06:39 AM PDT
  • Invezz
Aark raises $6M funding to accelerate LRT liquidity integration for high leverage trading
Latest

Aark raises $6M funding to accelerate LRT liquidity integration for high leverage trading

London, UK, April 17th, 2024, Chainwire Aark announces the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest. This follows its Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX Ventures and […]

  • April 17, 2024 06:19 AM PDT
  • Invezz
Introducing Anomaly: AI-powered Layer 3 for gaming powered by Arbitrum Orbit, built on Gelato RaaS
Latest

Introducing Anomaly: AI-powered Layer 3 for gaming powered by Arbitrum Orbit, built on Gelato RaaS

Zug, Switzerland, April 17th, 2024, Chainwire Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram’s 900 million daily active users. Powered by Arbitrum Orbit and using Gelato’s Rollup-as-a-Service (RaaS), Anomaly’s new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming […]

  • April 17, 2024 06:08 AM PDT
  • Invezz
US Senate bill would ban algorithmic stablecoins like Ethena USDe
Latest

US Senate bill would ban algorithmic stablecoins like Ethena USDe

Senators Kirsten Gillibrand and Cynthia Lummis released their much anticipated stablecoin regulation bill this week. Known as the Lummis-Gillibrand Responsible Financial Innovation Act, the bill aims to streamline the stablecoin industry and reduce the risks of another Terra collapse. Lummis-Gillibrand Responsible Financial Innovation Act The bill is highly comprehensive and includes several elements. For example, […]

  • April 17, 2024 06:01 AM PDT
  • Invezz
U.S. Bancorp earnings disappoint and stock price falls
Stock Market

U.S. Bancorp earnings disappoint and stock price falls

On April 17th, U.S. Bancorp reported its Q1 2024 financial results, before US markets opened this morning. The results exceeded analysts’ expectations, but were still generally lackluster as compared with 2023. The bank announced a net income of $1.5 billion, compared with a Q1 2023 net income of $1.8 billion and a Q4 2023 net […]

  • April 17, 2024 05:45 AM PDT
  • Invezz
Paris Blockchain Week highlights the impressive traction & innovation shown by Web3
Latest

Paris Blockchain Week highlights the impressive traction & innovation shown by Web3

Paris, France, April 17th, 2024, Chainwire The 5th edition of Paris Blockchain Week, the leading international conference dedicated to blockchain and Web3 and Europe’s largest gathering of thought leaders, innovators, and experts from around the world, has reached its conclusion. This year’s event attracted a record number of more than 9,000 attendees and over 500 […]

  • April 17, 2024 05:33 AM PDT
  • Invezz
CXApp (CXAI) stock price is soaring: find out why
Latest

CXApp (CXAI) stock price is soaring: find out why

The CXApp (NASDAQ: CXAI) stock price is set to have a great day after the company published encouraging results. It surged by over 27% in the premarket session, making it one of the best-performing companies. Despite this rebound, it has retreated by over 60% in the past 12 months, bringing its market cap to about […]

  • April 17, 2024 05:11 AM PDT
  • Invezz
Bitcoin halving: survey predicts surge in institutional investment post event
Stock Market

Bitcoin halving: survey predicts surge in institutional investment post event

A recent global survey conducted by Nickel Digital Asset Management, a leading regulated digital assets hedge fund manager based in London, reveals that a significant majority of institutional investors and wealth managers anticipate an increase in institutional investments in Bitcoin due to the upcoming halving event. What does Nickel Digital survey show? According to the […]

  • April 17, 2024 04:41 AM PDT
  • Invezz
Bitget has onboarded over 2.5M users in MENA region in the past six months
Latest

Bitget has onboarded over 2.5M users in MENA region in the past six months

Victoria, Seychelles, April 17th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released a report on the growth recorded in the Middle East and North African regions since its launch in November 2023. With over 2.5M users from the region alone, Bitget has now reached 25M users worldwide. Last year, Bitget […]

  • April 17, 2024 04:25 AM PDT
  • Invezz
VinFast Auto Ltd. (VFS) Q1 results misses earnings estimates amid investigation reports
Latest

VinFast Auto Ltd. (VFS) Q1 results misses earnings estimates amid investigation reports

VinFast Auto Ltd. (NASDAQ: VFS), a subsidiary of Vingroup JSC and a prominent player in the electric automotive industry, has reported a drop in EV deliveries in its Q1 2024 earnings report released on 17 April 2024. Despite significant revenue growth, the company fell short of earnings estimates, leading to a decline in its stock […]

  • April 17, 2024 04:04 AM PDT
  • Invezz