Asset management giant BlackRock on Thursday officially filed for a spot ethereum exchange-traded fund (ETF), doubling down on its cryptocurrency bets amid investor optimism about the approval of such investment vehicles.
Amazon.com said on Thursday its two prototype satellites for its planned Kuiper internet network have been operating successfully, with the project on track to start mass production in the first half of 2024.
Redwood Materials has signed a long-term contract to supply Toyota Motor with recycled materials for the Japanese automaker’s $13.9 billion North Carolina electric vehicle battery plant, Redwood said Thursday.
Federal Reserve Bank of New York President John Williams said Thursday good data is key for market participants, central banks and regulators, and more should be done to increase its availability.
Alibaba Group , has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications.
Cisco tumbled more than 12% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business.
Swedish games developer Embracer topped second-quarter operating profit expectations on Thursday, aided by its restructuring efforts, sending its shares up more than 11%.
Ratings agency Fitch on Thursday said the recent cyberattack at ICBC Financial Services will not have a material impact on its Chinese parent, although it highlights growing threats to global payment networks from such incidents.
Digital wealth management provider Wealthfront, a pioneer in automated investing, now oversees more than $50 billion in assets and is set to grow revenue by more than 140% this year, the company said on Thursday.
Music streaming company Spotify on Thursday said it will launch its advertising marketplace for podcasts in five new markets, including Sweden and India.
