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Affirm Holdings Inc (NASDAQ: AFRM) is down 8.0% at writing after One – a Walmart-backed financial technology startup joined the BNPL race. Why is it a big deal for Affirm stock? One will reportedly enable customers to opt for its buy now, pay later loan to purchase big-ticket items at more than 4,600 locations of […]

• April 23, 2024 06:43 AM PDT
• Invezz

Today, on 23 April 2024, GE Aerospace announced a 19.1% increase in its first-quarter net profit. The company noted strong earnings from its commercial aviation business were driven by this increase. The consolidated net profit amounted to $1.7 billion for the quarter. This is an improvement compared to the net loss of $4.18 per share […]

• April 23, 2024 05:52 AM PDT
• Invezz

Annaly Capital (NYSE: NLY) stock price has erased all gains made earlier this year as hopes of a Fed rate cut fall and as mortgage rates rise. It rallied from a low of $17.68 after its fourth-quarter earnings and jumped to over $19.73 in March. It has now erased most of those gains and has […]

• April 23, 2024 05:39 AM PDT
• Invezz

JetBlue Airways Corporation (NASDAQ: JBLU) says its loss widened on a year-over-year basis in Q1. Shares of the air carrier are down 10% at writing.  JetBlue stock continues to struggle The low-cost airline did, however, tell investors on the conference call this morning that it’s on track to deliver revenue initiatives worth about $300 million […]

• April 23, 2024 05:39 AM PDT
• Invezz

Spotify Technology (NYSE: SPOT) stock surged by 7.99% in premarket trading today following the release of its first-quarter results, which largely met analysts’ expectations. The music streaming giant reported a 14% year-over-year increase in premium subscribers, reaching 239 million, in line with company guidance and analyst estimates compiled by Bloomberg. Solid performance in premium subscribers […]

• April 23, 2024 04:57 AM PDT
• Invezz

Victoria, Seychelles, April 23rd, 2024, Chainwire At this month’s Blockchain Life Dubai conference, Bitget Wallet‘s Chief Operating Officer Alvin Kan joined industry experts from SafePal, Ledger, Trust Wallet, Telegram Wallet, and CoinTelegraph journalists to discuss strategies for building more secure and user-friendly decentralized wallets. The discussion revolved around the comprehensive application of various wallet technologies, […]

• April 23, 2024 04:33 AM PDT
• Invezz

Lloyds (LON: LLOY) share price is sitting at an important level ahead of the company’s financial results. The stock is nearing the year-to-date high of 52.35p, its highest point this year as the FTSE 100 index has jumped to a record high. Lloyds Bank earnings ahead This will be an important week for Lloyds Bank […]

• April 23, 2024 04:20 AM PDT
• Invezz

RTX Corp (NYSE: RTX) is trading down in premarket on Tuesday even though it came in ahead of Street estimates for its first financial quarter. Why is RTX stock down on Tuesday? Investors are not entirely satisfied perhaps because the aerospace giant did not raise its guidance for the full year. RTX continues to see […]

• April 23, 2024 04:11 AM PDT
• Invezz

The Philippines’ Securities and Exchange Commission (SEC) is the latest regulator to bring the regulatory war to global crypto exchange Binance. Binance’s blocking in the Philippines is a development that first surfaced in November last year. SEC asks Apple, Google to remove Binance app An announcement the SEC published on Tuesday noted that the agency […]

• April 23, 2024 03:52 AM PDT
• Invezz

General Motors Co. (NYSE: GM) on April 23rd reported better-than-expected financial results, with a rise in both revenue and EPS from the previous quarter. The company reported net income attributable to stockholders of almost $3.0 billion ($2.98 billion), up almost 25% from Q 2023. General Motors also reported first-quarter 2024 revenue of $43.0 billion, 7.6% higher year-on-year than Q1 […]

• April 23, 2024 03:40 AM PDT
• Invezz