Daily Archives: May 8, 2024
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DoubleVerify plunges more than 39% before opening, lowers full-year revenue forecast
Gelonghui, May 8 | Marketing software company DoubleVerify fell 39.16% before the market opened, to US$18.6
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Citi strategist: Fund flows show the market is not enthusiastic about the rise of U.S. stocks
Citi strategists said investors\’ positioning in U.S. stocks showed signs of caution, casting doubt on the strength of the S&P 500\’s rally.
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SoftBank is reportedly in talks to acquire British artificial intelligence chip company Graphcore
According to people familiar with the matter, SoftBank Group is negotiating to acquire British semiconductor startup Graphcore, which was once valued at US$2.8 billion.
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Uber posts first-quarter revenue of $10.1 billion, net loss of $650 million
Sina Technology News On the evening of May 8, Beijing time, Uber (NYSE: UBER) today released its financial report for the first quarter of 2024 as of March 31: revenue was US$10.1 billion, a year-on-year increase of 15%
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U.S. 30-year mortgage rates fall for first time since late March
U.S. mortgage rates fell for the first time since late March, giving homebuyers some relief and boosting applications for home purchases and refinancing mortgages
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E-commerce platform Shopify reported a net loss of US$273 million on first-quarter revenue of US$1.9 billion.
Sina Technology News On the evening of May 8th, Beijing time, Canadian e-commerce platform Shopify today released its financial report for the first quarter of 2024 as of March 31: revenue was US$1.9 billion, a year-on-year increase of 23%
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FTX: Almost all customers can get their funds back
Nearly all customers of bankrupt cryptocurrency exchange FTX will be able to get their funds back and more, according to a court filing
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Weibo will release its first quarter 2024 financial report on May 23
Beijing, China/May 8, 2024 – Weibo Inc. (NASDAQ GS: WB; HKEX: 9898), a leading social media platform for people to create, share and discover content, is scheduled to be announced on the U.S. stock market on May 23, 2024, Eastern Time Unaudited financial report for the first quarter of 2024 released before the market opens
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Goldman Sachs: The largest buyer has returned to the market and hundreds of billions of ammunition will help U.S. stocks survive May and June
Goldman Sachs: The largest buyer has returned to the market. Hundreds of billions of ammunition will help U.S. stocks survive May and June. Source: Wall Street Insights Zhao Ying. Goldman Sachs reported that U.S. companies are expected to repurchase US$934 billion in stocks this year, an increase of 13% from last year, of which One-sixth, approximately 155.5 billion buybacks are expected to be executed in May and June