The cryptocurrency market has been volatile over the last few months, with the price of Bitcoin ($BTC) plunging to a $19,500 low before recovering to briefly surpass $26,000 in a week during the US banking crisis. One analyst with a large social media following has bought BTC at its lows, […]

Shares of PureCycle Technologies, Inc. (PCT) are surging more than 32% Thursday morning after the company announced distribution partnership with Formerra. Formerra will be the primary authorized North American distributor of PureCycle’s ultra-pure recycled (UPR) polypropylene resin, PureFive, the company said. PureCycle’s resin is expected to be available to Formerra […]

Shares of Ebix, Inc. (EBIX) are falling more than 20% Wednesday morning after reporting lower earnings as well revenue in the fourth quarter. Profit in the fourth quarter declined to $7.86 million or $0.26 per share from $15.4 million or $0.50 per share last year. Excluding one-time items, earnings were […]

Bitcoin plunged to a three-week low Friday, freeing itself from a tight price squeeze that had seen it fluctuate between $22,500 and $22,200 since March 3. The drop came after the U.S. Federal Reserve Chairman Jerome Powell stated on Tuesday that while inflation has been coming down, it’s still nowhere […]

Bitcoin recoiled sharply towards Friday, plunging to levels last seen in January as the ongoing inflationary and regulatory pressures on the industry spooked investors. At press time, the leading cryptocurrency by market capitalization was trading at $19,948 after an 8.75% drop over the past 24 hours. Ethereum also took a […]

Shares of Build-A-Bear Workshop, Inc. (BBW) are rising more than 25% Thursday morning after the company announced a special dividend of $1.50 per share. The dividend is to be paid on April 6, to stockholders of record as on March 23. Profit for the fourth quarter decreased 14.9% to $20.5 […]

Crypto market capitalization dropped below the psychological $1 trillion level, amidst a series of negative developments. Sentiment remained weak amidst Fed Chair Jerome Powell’s Semi-annual Monetary Policy Report before the Committee on Financial Services, U.S. House of Representatives where he reiterated that the ultimate level of interest rates was likely […]

Shares of office furniture maker HNI Corporation (HNI) are falling more than 9% Wednesday morning after the company announced its decision to acquire Kimball International for about $485 million, to be paid in cash and stock. As per the deal, Kimball shareholders will receive $9.00 in cash and 0.1301 shares […]

Shares of Enfusion, Inc. (ENFN) are rising more than 12% Tuesday morning after the company turned to profit in the fourth quarter. Enfusion reported a profit of $788000 or $0.01 per share in the fourth quarter, compared with loss of $293.89 million or $2.26 per share in the same quarter […]

The cryptocurrency market speculates that better days might be closer than expected for Bitcoiners. According to some market analysts, Bitcoin, the largest crypto by market cap, has bottomed. However, a key figure in the market has put out an opposing viewpoint. McMGlone, a senior strategist at Bloomberg, does not seem […]