Apple, Coinbase, SoFi, Tesla, Netflix, Target

Here are Wednesday’s biggest calls on Wall Street: BTIG raises Nikola to buy from neutral BTIG says electric vehicle trucking companies are well positioned to benefit from truck decarbonization. “We upgraded NKLA to Buy because we believe NKLA is well positioned to benefit from the growing demand to decarbonise the Class 8 truck market.” Loop … Read more

AMC, Signify Health, Netflix and more

Netflix is ​​expanding its push into mobile gaming. Sopa Image | light rocket | Getty Images Check out the companies that made the biggest moves on Monday: AMC — Theater chain shares fell 38% as investors weighed the company’s new preferred stock class and news that rivals Cineworld it was considering bankruptcy. AMC’s new APE … Read more

Crypto market stands like Nasdaq in the early 2000s. Here’s why

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also … Read more

Tesla converted 75% of bitcoin purchases to fiat currency in Q2 2022

Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Early last year, Tesla invested $1.5 billion in bitcoin, banking on what the electric car maker called the digital … Read more

Netflix dan Goldman Sachs menjadi berita utama minggu besar laporan perusahaan

Musim pendapatan perusahaan dimulai minggu depan ini, dengan bank besar Goldman Sachs dan raksasa streaming Netflix siap melaporkan. Perusahaan lain yang dijadwalkan untuk memposting angka kuartalan terbaru mereka termasuk IBM dan Snap. Investor telah bersiap untuk periode pelaporan ini, karena mereka dengan cemas menunggu untuk mendengar apa yang dikatakan perusahaan Amerika tentang lonjakan inflasi dan … Read more

Tesla’s 2nd quarter sales drop amid supply chain, pandemic problems

Tesla’s sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles. The company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18% drop from the first three months … Read more

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according … Read more

‘I thought it was a bad joke’: They gave up another job offer to work at Coinbase, and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been cancelled, he was on his way to watch “Top Gun: Maverick,” the blockbuster film starring Tom Cruise. Jia’s boyfriend had asked her to watch it because she was in China, where the film had not yet been released, and couldn’t watch … Read more