Breaking News
Nov 3, 2022
  • Coinbase swung to a quarterly loss of $545 million after revenue plunged more than 50% to $590 million as cryptocurrencies transactions fall.
    • Twilio plunged 11% after third quarter revenue growth slowed to 33% and the company guided fourth quarter revenue growth between 18% and 19%.
      • Carvana plunged 8% after the online used car retailer said total sales fell 3% and vehicle sales dropped 8% and net loss margin increased to 15%.
        • Doordash said Sept quarter orders rose 27% to 439 million, gross order volume jumped 30% to $13.5 billion and revenues gained 33% to $1.7 billion.
          • Expedia said third quarter revenues increased 22% to $3.6 billion and net income advanced 333% to $482 million or $2.98 a diluted share.
          • Oct 3, 2022
            • Global bond market sell-off accelerated and the yield on U.S. 10-year Treasury bonds rose above 4.15%, nearing a 15-year high of 4.3%.