Shares of website building platform Wix.com Ltd. (WIX) are rising more than 7% in pre-market on Wednesday after reporting first-quarter results, above analysts’ view. The company also raised its full-year revenue outlook citing outperformance in the first quarter. Full-year, as well as second-quarter revenue outlook stood above the Street estimates. The company reported a loss of $10.37 million or $0.18 […]

Market sentiment remained tethered to concerns over the debt ceiling crisis in the U.S., amidst negotiations to break the deadlock. Strong GDP data from Japan supported positive sentiment. Also swaying sentiment was earnings updates from the corporate sector. European benchmarks are trading on a mixed note. Wall Street Futures are trading in the green zone. Asian stocks finished trading mostly […]

Shares of Ducommun Incorporated (DCO) are falling more than 14% Tuesday morning at $41.18, after the company priced its pubic offering of 2 million shares at $40 per share. Ducommun provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries. The company intends use the net proceeds from the offering of about […]

Bitcoin Educator Eric Podwojski explains how a certain innovative technology could help BTC become “the true electronic cash for the world.” In a thought-provoking Twitter thread from May 15, 2023, Eric Podwojski casts light on Bitcoin’s inherent limitation as a daily currency. He presents Lightning Network as a beacon that could revolutionize Bitcoin, enabling its widespread use as a global […]

A popular cryptocurrency analyst has revealed that they believe the price of the flagship cryptocurrency could soon move up as it paves the way for an exponential surge in value in the future. The analyst, known as Credible Crypto on the microblogging platform Twitter where they have amassed a sizable following of over 340,000 individuals, conveyed in a recent video […]

Sentiment remained muted in crypto markets amidst an anxious wait for the release of CPI numbers from the U.S. Mood has been subdued across asset classes as markets speculate on the potential upside risks to inflation that could jeopardize the Fed’s plans to pause its rate hiking cycle. The U.S. Bureau of Labor Statistics is set to release the consumer […]

According to a popular crypto analyst, the “Ultimate Crypto Power Play” involves two of the biggest players in the game: Bitcoin and Cardano’s ADA. Earlier today, Dan Gambardello, Founder of Crypto Capital Venture, as well as the host of the very popular YouTube channel “Crypto Capital Venture”, shared the following tip with his over 239K Twitter followers: According to Gambardello, a unique shift […]

Bitcoin transaction fees hit the highest point in nearly two years over the weekend, with some users paying a little over $26.  Several voices within the Bitcoin community have viewed the congestion leading to high fees as a direct attack on the network. Binance temporarily halts transactions twice before reverting to regular business, describing it as a learning process.  The […]

Shares of semiconductor company Skyworks Solutions, Inc. (SWKS) are down more than 4% Tuesday morning after the company’s third-quarter revenue outlook stood below analysts’ view. Skyworks expects third-quarter revenue to be in the range of $1.050 billion- $1.090 billion. The average estimate of analysts polled by Thomson-Reuters stands at $1.15 billion. Net profit in the second quarter declined to $232.8 […]