In a recent transaction, SVF Investments (UK) Ltd, a significant shareholder in Coupang, Inc. (NYSE:CPNG), has sold a substantial portion of its holdings in the company. The sale encompassed a total of 47,321,154 shares of Class A Common Stock, amounting to approximately $895 million. The transactions were executed over two days, with share prices ranging...
Hyundai Motor America reported Thursday that it sold a total of 69,202 units in the month of July, up 4 percent from last year\'s 66,527 units, driven by best ever July total sales record for Elantra HEV, Santa Fe HEV, Tucson HEV and Palisade. Hybrid total sales surge 67 percent in July. Retail sales of...
Crypto: The Game made the 2024 Primetime Emmy Awards ballot for outstanding emerging media programs on June 14, according to the legendary award show’s nominations-round voting site. Crypto: The Game Makes History With Emmy Awards Nominee Ballot Should the “Survivor” style interactive game make the formal ballot when voting ends on June 24, it would...
Bitcoin’s recent 1.4% spike in value this weekend has stirred interest among investors, prompting discussions around Bitcoin price prediction for the coming week. Currently trading at $63,559, Bitcoin demonstrates robust market activity with a trading volume of $17.73 billion and maintains its dominant position with a market cap of approximately $1.25 trillion. Bitcoin Price Prediction...
Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE under the ticker EXOD. Trading for the stock will commence on the platform on May 9, the company announced on Monday. “Trading on the NYSE American will allow Exodus to create greater long-term value for our stockholders by increasing our...
While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion. On average, five analysts polled by Thomson Reuters expect the company to report revenues of $2.63 billion for the year. Separately, the Board of...
Eurozone inflation slowed as initially estimated in June but the European Central Bank is expected to hold its benchmark rate on Thursday as underlying inflation remains too high. The harmonized index of consumer prices rose 2.5 percent on a yearly basis, which was slower than the 2.6 percent growth posted in May. The 2.5 percent...
Crypto analyst EmberCN estimates in his X post from Aug. 23 that the average cost per Bitcoin in El Salvador is around $44,835. This translates to a potential upside of $93.45 million (+35%) based on current market prices. El Salvador’s Bitcoin Strategy – More Than Just Buying El Salvador’s president, Nayib Bukele, initiated this daily...
A Suriname Presidential hopeful says she wants to follow El Salvador’s Bitcoin (BTC) lead, and will grant the token legal tender status if she is elected. The candidate, Maya Parbhoe, said her goal is to replace the Surinamese dollar with Bitcoin. And she said that El Salvador’s example provided “hope” for the “future.” Candidate Wants...
Apple Inc. has scheduled its upcoming launch event, titled Its Glowtime, on September 9. The event at Apple Park, California, US, which will be livestreamed on Apples website, is expected to launch iPhone 16 series and updates to other devices and apps. As per reports, invites have been sent for the in-person event, which is...