Why Is iQIYI Stock Gaining Today?

iQIYI, Inc. (NASDAQ:IQ) saw its shares rise in premarket trading on Friday following the release of its viewership data and content trends for the Chinese New Year holiday period, spanning from January 28 to February 4. The company said that the platform’s performance was driven by the popularity of classic IPs, including blockbuster films, which […]

Peter Thiel-Backed Crypto Exchange Reportedly Plans IPO In 2025 Amid Bitcoin And Digital Currency Boom

In the wake of a significant upswing in the cryptocurrency market, crypto exchange Bullish Global is reportedly contemplating an initial public offering (IPO) in 2025. What Happened: Bullish Global, a subsidiary of Block.one, is considering its first public share sale in 2025, as per a Bloomberg report on Wednesday. The company is said to be collaborating with Jefferies Financial Group on the potential listing. […]

Apple’s Struggles in AI and AR Indicate a Loss in Product Edge

Apple Inc. (NASDAQ:AAPL) is reportedly facing challenges in the burgeoning fields of artificial intelligence (AI) and augmented reality (AR), suggesting a potential decline in its product innovation prowess. This comes despite the company posting record-high quarterly revenue. Bloomberg columnist Mark Gurman in his latest weekly “Power On” revealed that Apple’s ventures in AI and AR are trailing behind competitors […]

Grayscale Introduces Dogecoin Trust For Institutional Investors

Grayscale has launched a new trust designed to offer institutional investors exposure to Dogecoin (CRYPTO: DOGE), marking a notable step in the evolution of meme coins as investable assets. What Happened: The company announced the product on Friday, emphasizing the increasing demand for structured financial products tied to cryptocurrencies. Rayhaneh Sharif-Askary, head of product and […]

Starbucks Stock Is Rising Wednesday: What’s Going On?

Starbucks Corp (NASDAQ:SBUX) shares are trading higher Wednesday on the heels of the company’s fiscal first-quarter results. Multiple analysts lifted price targets following the print. Here’s what you need to know. Q1 Revenue: $9.4 billion, versus estimates of $9.32 billion Q1 EPS: 69 cents, versus estimates of 66 cents Total revenue was flat compared to the […]

MicroStrategy’s Bitcoin Buying Spree Continues, Accumulates Over 10,000 BTC

Business intelligence firm MicroStrategy (NASDAQ:MSTR), spearheaded by Michael Saylor, has once again demonstrated its unwavering faith in Bitcoin (CRYPTO: BTC), adding to its digital asset reserves for the twelfth consecutive week. The company snapped up another 10,107 Bitcoin, bringing their total cache to 471,107 BTC. Saylor announced the purchase on X, formerly known as Twitter. […]

Tech talk

Uber Secures $5B Revolving Credit Facility: Teams Up With?

September 27, 2024

On Friday, Uber Technologies, Inc. (NYSE:UBER) announced it has partnered with Spirit Halloween to enhance its on-demand delivery services. The Spirit Halloween catalog will be accessible on Uber at the same in-store prices. Uber One members will get a $0 delivery fee and a 5% discount on Spirit Halloween orders over $35. Additionally, all consumers […]
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