Author: Fernanda T
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Telegram Introduces New Payment Token; Semler Scientific Bolsters BTC Investment, and More Crypto News
Telegram launches “Telegram Stars” to facilitate in-app payments Telegram announced the launch of “Telegram Stars,” a new in-app token intended for purchasing digital goods and services. Pavel Durov, the company’s CEO, highlighted that the token allows simplified transactions in mini-apps, with the possibility of conversion to Toncoin (COIN:TONCOINUSD). Additionally, developers can use Stars to promote…
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DocuSign Stocks Drop 8.5%, Braze Surges 15% as 1Q Results Beat Expectations, and More in Earning
Braze (NASDAQ:BRZE) – Braze reported an adjusted loss of 5 cents per share in the first quarter, better than the expected loss of 10 cents per share projected by analysts, according to LSEG. Revenue reached $135 million, exceeding expectations of $132 million. The cloud-based software company forecasts an adjusted loss per share of $0.03 to…
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GME Volatile as Roaring Kitty Goes Live Today, Meta Unveils AI for WhatsApp Ads, and More
GameStop (NYSE:GME) – GameStop shares are volatile in pre-market trading on Friday, after soaring nearly 50% the day before, following the announcement by the influencer known as “Roaring Kitty” of an upcoming live broadcast on YouTube today at 12 PM, Eastern Time (ET). Since Gill resumed social media activities in May, GameStop’s market value has…
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Robinhood Acquires Bitstamp for $200 Million, Binance Reactivates Mastercard Purchases, and More Crypto News
Binance reactivates cryptocurrency purchases with Mastercard Binance, the largest cryptocurrency exchange by volume, has announced the reactivation of Mastercard (NYSE:MA) for cryptocurrency purchases. According to a statement on the X platform, the functionality has been restored with a single purchase limit of up to 5,000 euros, about $5,440, and $20,000 for transactions in U.S. dollars.…
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Nvidia Becomes 2nd Most Valuable Company in the USA, ASML Takes 2nd Spot in Europe, and More News
Nvidia (NASDAQ:NVDA) – The AI chip manufacturer is now the second most valuable company in the world after reaching a record market value, surpassing $3 trillion and Apple (NASDAQ:AAPL). With growing demand for its AI chips, the company is also preparing for a ten-for-one stock split, increasing interest from individual investors. This valuation increase in…
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Sprinklr Stock Plummets 22% Pre-market, Five Below Slides 16% on Weak Results and Projections, and More on Earnings
Sprinklr (NYSE:CXM) – In the first quarter, Sprinklr exceeded expectations, reporting earnings per share of 9 cents, while revenue reached $195.96 million, slightly above analysts’ forecast of 7 cents per share and revenue of $194.37 million. However, the company revised its annual revenue projections downward to between $779 million and $781 million, below previous expectations…
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US Index Futures Mixed; Oil Prices Rise
U.S. index futures are trading mixed in pre-market on Thursday after the S&P 500 and Nasdaq reached new closing records. Investors are eagerly awaiting the May jobs report, to be released on Friday, hoping to detect signs of weakness in the labor market, which could support potential interest rate cuts by the Federal Reserve. At…
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Bitcoin Surpasses $71K Mark as US Bitcoin ETFs See $886 Million Influx, and More in Crypto
Bitcoin surpasses $71,000 and targets new record Bitcoin (COIN:BTCUSD) surpassed the $71,000 mark today, reaching an intraday high of $71,804.13, marking its highest price since May 21. The cryptocurrency is currently trading up 0.7% at $71,115 at the time of writing. According to technical analyses from CoinGecko, the cryptocurrency is approaching its final resistance before…
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Apollo Buys 49% of Intel’s Irish Plant for $11bn, BlackRock and Citadel to Create Texas Exchange, and More News
Intel (NASDAQ:INTC), Apollo Global Management (NYSE:APO) – Intel launched its sixth-generation Xeon processors for servers and Gaudi 3 AI accelerators at competitive prices, aiming to regain market share in the data center sector dominated by AMD. The new chips promise greater efficiency and performance, essential for AI applications and data center operations. Additionally, Apollo Global…
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Hewlett Packard Up 15% in Pre-Market, Stitch Fix Climbs 17% After Beating Forecasts, and More on Earnings
Hewlett Packard Enterprise (NYSE:HPE) – Hewlett Packard Enterprise exceeded revenue expectations, driven by strong demand for AI servers, projecting third-quarter revenue between $7.4 billion and $7.8 billion. In the second quarter, HP Enterprise reported revenue of $7.2 billion, a 3% increase from the previous year, and above FactSet’s forecast of $6.8 billion. Adjusted earnings of…