Crypto VC Digital Currency Group Turns To New Banking Partners After SVB Financial Debacle
Crypto conglomerate Digital Currency Group (DCG) is hunting for new banking partners for portfolio companies following the collapse of SVB Financial…
Why SurveyMonkey Parent Momentive Global Shares Are Trading Higher Today?
A consortium led by Symphony Technology Group agreed to snap SurveyMonkey parent Momentive Global Inc (NASDAQ:MNTV) in a transaction worth $1.5 billion. Momentive shareholders will…
Why Uber, Lyft And Gig Economy Related Stocks Are Soaring Today?
On Monday, a California appeals court sustained the current law classifying gig workers as independent contractors instead of employees. …
Cipher Mining Clocks $3M In FY22 Revenue Backed By Production At Odessa Data Center
Cipher Mining Inc (NASDAQ:CIFR) reported revenue of $3.04 million in FY22. The operating loss was $(37.4) million. Adjusted EPS loss…
Oracle Likely To Gain Traction In Medium Term Backed By Cloud Momentum, Improving Margins, Analyst Says Post 3Q Results
Mizuho analyst Siti Panigrahi reiterates Buy on Oracle Corp (NYSE:ORCL) with a $116.00 price target. Oracle’s 3Q was driven by substantial cloud…
SVB Collapse Could Materially Impact Coinbase’s Revenue, Profitability Considering USDC’s Criticality To Coinbase, Analyst Says
Mizuho analyst Dan Dolev reiterates Underperform rating on Coinbase Global, Inc (NASDAQ: COIN)
Meta Analyst Estimates Potential Cost Savings From Fresh Round Of Layoffs, Mostly from Metaverse
Mizuho analyst James Lee reiterated Buy on Meta Platforms Inc (NASDAQ:META) with a $210 price target. Several major news outlets indicated that…
Analyst Names Alight As Top Pick, Anticipates Win In Both Strong And Challenging Economy
Needham analyst Kyle Peterson reiterates Alight Inc (NYSE:ALIT) with a Buy and a $13 price target. ALIT’s recent guidance calls for accelerating…
Genius Sports Analysts Highlight Betting Technology Revenue, Long-Term Media Opportunity, NBA Partnership, & More
Needham analyst Bernie McTernan reiterates Genius Sports Ltd (NYSE: GENI)
Latch Discloses $3.1M Exposure To SVB Financial
Latch, Inc (NASDAQ:LTCH) disclosed deposits with SVB Financial Group (NASDAQ:SIVB) of approximately $3.1 million, representing less than 2% of the company’s…