The three largest US stock market indexes plummeted by up to 3% yesterday as the price of Bitcoin failed to decisively overcome $25,000 once again, resulting in a pullback to just below $24,000. Most altcoins suffered even more on a daily scale, with MATIC, OKB, SOL, and several others dumping by around 7%. Bitcoin Mimicks … Read more
Newly unsealed bankruptcy documents revealed that FTX owes money to thousands of creditors after the once-mighty crypto exchange collapsed in November. Included in the creditor list are big names from Wall Street, such as Goldman Sachs and JPMorgan, as well as businesses, charities, individuals and other entities from around the world. FTX is now at … Read more
clear on Ford’s earnings call Wednesday, pressing executives on when the company will improve its margins.Ford’s earnings call was a stark contrast to that of rival GM. While GM boasted about their impressive margin growth, Ford executives were grilled by Wall Street about when they will improve their profit margins. Investors are growing impatient with … Read more