During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re not trying to draw too many conclusions from some of the engagement lift we saw when [TikTok] went dark for that brief period of time. I would say that the overall environment
Key Takeaways AMD shares fell 9% in extended trading Tuesday after the chipmaker reported data center sales figures that came in below Wall Street estimates. The stock has trended sharply lower within a descending channel since falling below the 200-day moving average in October last year. Investors should watch major support levels on AMD’s chart
Advanced Micro Devices (AMD) posted fourth-quarter revenue and adjusted earnings that beat expectations, but data center sales came up short. The chipmaker’s revenue grew 24% year-over-year to a record $7.66 billion, above the analyst consensus compiled by Visible Alpha. Earnings came in at $482 million, or 29 cents per share, down from $667 million, or
Shiba Inu whales are back in action , initiating massive transactions worth millions of dollars. Recently, on-chain data revealed that Shiba Inu whales had moved a staggering 15.1 trillion SHIB tokens in just one day. This significant SHIB transfer comes amid its market crash to new lows. With the increased whale activity, the question arises
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The PBoC rate setting for today, the first day back from holidays, here: PBOC sets USD/ CNY reference rate for today at 7.1693 (vs. estimate at 7.2661) 7.1693 is the lowest for USD/CNY (ie strongest for CNY) since November 8 last year. Earlier I posted on how China is not going to devalue the currency
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GBP/USD climbed 0.6% on Tuesday as tariff threats ease. President Trump’s trade war threats are fading into the background. Data remains mid-tier until BoE’s rate call on Thursday and Friday’s US NFP. GBP/USD continued to grind higher on Tuesday, extending a recovery after the week’s early plunge on trade war concerns sparked by US President
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At least 10 people, including the gunman, were killed Tuesday at an adult education center in what Sweden’s prime minister called the country’s worst mass shooting. But a final death toll, a conclusive number of wounded and a motive hadn’t yet been determined hours later. Prime Minister Ulf Kristersson gave a news conference in the