Drilling Commences at Leonora South
May 12, 2025
Goldman Studies NFT Financial Instruments
Global financial giant Goldman Sachs is now studying financial instruments involving non-fungible tokens, according to a report on Coindesk. Global Head of Digital Assets Mathew McDermott said the firm is...
Read moreTeladoc Stock Plummets 44% After Massive Q1 Loss, Huge Impairment Charge
Teladoc Health shares sank 44% after taking an impairment charge of $6.6B and slashed its full-year earnings outlook, according to a press release by Teladoc Health on Wednesday. The company’s...
Read moreFacebook Parent Meta Shares Jump 15% After Q1 Revenue Rises 7% to $27.9B, Growth Slows
Shares of Meta rose 15% after reporting $27.9B in revenue for Q1, falling within the low end of its $27-$29B revenue projections, according to a press release by Meta on...
Read moreInvesco Debuts ETF Tracking EV Metals
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF is a new product in the market and focuses on metals used in electric vehicles, according to the WSJ. Invesco says...
Read moreAlphabet Reported Weaker Earnings and Revenues in Q1
Alphabet posted weaker-than-anticipated earnings and revenues for the first quarter, according to a press release by Alphabet on Tuesday. Google’s revenues came in at $68.01 billion, rising 23% from the...
Read moreMicrosoft Shares Rallies 4% on Better-Than-Expected Q3 Earnings and Positive Outlook
Microsoft Stock rose nearly 4% in pre-market trading after the company posted Q3 earnings that topped analysts’ estimates, according to a press release by Microsoft on Tuesday. Microsoft’s revenue jumped...
Read moreGrayscale Readies Expansion into European Market for Crypto Funds
Grayscale Investments LLC, running an almost $30M Bitcoin trust, is preparing to expand into Europe, according to a report by Bloomberg on Tuesday. The company is yet to decide on...
Read moreBybit Eyes Crypto Options Trading Service
Cryptocurrency trading platform Bybit is set to launch an options trading service to customers given the high demand, according to a report on The Block. Bybit said users will be...
Read moreFidelity Investments to Offer Bitcoin in 401(k) Plans by Mid-2022
Mutual fund provider Fidelity Investments is gearing to include Bitcoin in its 401(k) savings plans, according to a report on NYT. The offering is set to be made available to...
Read moreGeneral Electric Stock Slips 3% After Confirming Lower End of 2022 Profit Guidance
General Electric shares drop 3.32% after posting better-than-expected Q1 profits while confirming its 2022 profit forecast, according to a press release by GE on Tuesday. GE stated its adjusted non-GAAP...
Read moreUBS Posts Better-Than-Expected Profit of $2.136B in Q1, Cuts Russia Exposure
UBS has topped expectations for the first quarter of 2022 and stated it had cut its exposure to Russia, according to a report by UBS on Tuesday. The bank reported...
Read moreHSBC’s Q1 Profit Falls to $4.17B on Credit Charges, More Buybacks Unlikely in 2022
HSBC stated more stock buybacks were unlikely this year after posting an unexpected drop in its capital in Q1, according to a press release by HSBC on Tuesday. HSBC’s core...
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