(Reuters) – Wolfspeed forecast quarterly revenue below estimates on Wednesday and said it would book $174 million in restructuring charges for the planned closure of a facility, as the chipmaker…
skolnes
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(Bloomberg) — SolarEdge Technologies Inc.’s shares plunged more than 20% after the solar-equipment maker took a $1 billion writedown and warned margins for the current quarter will be non-existent or…
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Trump Media & Technology Group stock (DJT) surged as much as 25% on Wednesday as Donald Trump clinched victory over Kamala Harris in the presidential election. Shares pared gains throughout…
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Cryptocurrency News
Elf Beauty lifts annual forecasts on resilient cosmetics demand; shares up
by skolnesBy Anuja Bharat Mistry (Reuters) – Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and…
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Bitcoin News
Solama: The Best Online Crypto Casino of 2025 Has Arrived – And It Stands Out
by skolnesOn November 1, the crypto meme community introduced an innovative online casino, Solama’s Casino. But this isn’t just another addition to the crypto gambling world—it’s a new paradigm where 100%…
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An altcoin in the Sui (SUI) ecosystem is skyrocketing after suddenly gaining support from Binance. In a new announcement, the world’s largest crypto exchange platform by volume says that it…
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Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity…
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Altcoin
Banking Giant Standard Chartered’s Crypto Custodian in Talks for $50,000,000 Capital Raise: Report
by skolnesA crypto custody business that’s majority-owned by the world’s 44th-largest bank is reportedly planning to raise more capital. Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard Chartered, is…
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On Wednesday, Ripple CEO Brad Garlinghouse offered a pointed roadmap for the early days of Donald Trump’s administration, outlining immediate steps that could reshape digital asset regulation. Garlinghouse to Trump:…
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Blockchain analytics firm Arkham Intelligence has announced the launch of a new perpetual futures exchange. The Arkham Perpetuals Exchange is set to go live next Wednesday, offering users a platform…