DEXWireNews

DEXWireNews

Microsoft's gaming strategy has taken a significant turn with the reported move to bring Call of Duty to Xbox Game Pass. The Wall Street Journal reported that Microsoft ( NASDAQ:MSFT ) plans to debut 2024's new Call of Duty at next month's Xbox Games Showcase, alongside the announcement that it will be available on Game Pass on its launch day. Microsoft's bet...

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The Arbitrum DAO has approved an eight-week pilot M&A program following overwhelming support for the proposal. On-chain metrics suggest that Arbitrum ( AMEX:ARB ) may experience a rally soon, despite a recent 7.5% increase in its value. The pilot program received over 99% support from DAO members and aims to conduct data-driven research and discussions to inform...

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Wells Fargo ( NYSE:WFC ), a prominent US banking institution, has disclosed its involvement in cryptocurrencies through investments in Bitcoin exchange-traded funds (ETFs). The disclosure was made in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC). Wells Fargo has purchased shares of Grayscale's GBTC spot Bitcoin ETF, providing...

DEXWireNews

Under Armour (NYSE: NYSE:UAA ), an athletic performance apparel brand, has reported a 38% decrease in net income for fiscal 2024 (FY 2024) from $374.45m in fiscal 2023 (FY 2023). The company's adjusted net income stood at $245m, and its diluted earnings per share also declined to $0.52, compared to $0.81 in fiscal 2023. For the year ending 31 March, Under...

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Dogwifhat ( CRYPTOCAP:WIF ), a dog-themed meme coin, has experienced a significant drop in price due to various factors. The price tumbled over 12% in the last 24 hours, with the current trading price at $2.58. The decline in the crypto market is attributed to meme coins such as CRYPTOCAP:WIF , BOME, PEPE, and FLOKI. Whales and traders are selling Dogwifhat (...

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Pfizer ( NYSE:PFE ) has won $107.5 million in damages from AstraZeneca in a US cancer drug patent trial. A Delaware federal jury found that AstraZeneca's lung cancer drug Tagrisso violated its Wyeth unit's patent rights. The jury agreed that AstraZeneca's drug infringed two patents covering methods for treating cancer with the breast-cancer drug Nerlynx, which is...

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Robinhood Markets ( NASDAQ:HOOD ) has surged past an alternative buy point, adding to its significant gains. The online trading platform reported earnings and sales that exceeded Wall Street's estimates due to a surge in retail cryptocurrency trading. Robinhood ( NASDAQ:HOOD ) earned 18 cents a share, a significant shift from a year-ago loss, and revenue surged...

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Solana's price surge to $173 has sparked optimism among investors, with experts hinting at a potential rise to $200. The surge is driven by positive sentiment and upcoming upgrades, such as the Frankendancer upgrade. Syncracy Capital's co-founder Daniel Cheung expressed confidence in Solana's strength, highlighting its potential to reclaim $200. He also...

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Bitcoin ( CRYPTOCAP:BTC ) has reached its highest price since the April halving event, reaching $67,422 before experiencing a slight dip. Over the past week, the cryptocurrency has risen by more than 9% and is currently priced at $66,750. Despite dropping after the halving, Bitcoin ( CRYPTOCAP:BTC ) has been steadily increasing in value, although it is still below...

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GameStop's stock ( NYSE:GME ) price dropped about 20% after a meme stock surge by investor Keith Gill. The company announced plans to sell new shares and lower its sales forecasts, causing the stock to fall back to Earth. GameStop ( NYSE:GME ) now expects first-quarter sales to range between $872 million to $892 million, significantly lower than the $1.24 billion...

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Doximity shares ( NYSE:DOCS ) surged 18% after the company beat quarterly earnings forecasts, provided a better-than-expected current-quarter outlook, and unveiled a share buyback program. The provider of curated medical news and telehealth tools reported adjusted earnings of 25 cents per share for the fiscal fourth quarter ending March 31, comfortably topping...

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Notcoin ( GETTEX:NOT ) users have donated $6.8m worth of Notcoin ( GETTEX:NOT ) to Telegram founder Pavel Durov following a recent airdrop. Over half a million users from the play-to-earn blockchain game donated 1.03 billion tokens worth $6.8 million to Durov's personal wallet address. In response, Durov promised to hold the tokens until a $680 million price...

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Nvidia ( NASDAQ:NVDA ), the global leader in Artificial Intelligence (AI) hardware and software, is set to release its Q1 FY2025 earnings report on May 22, 2024. Analysts predict a significant revenue growth of $24.65 billion, driven by strong demand for AI-related products and services. Nvidia's net income is expected to increase to $12.87 billion from $2.04...

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Akanda Corp. (NASDAQ: NASDAQ:AKAN ), an international medical cannabis company, has recently disclosed its participation in a registered direct offering priced at the Minimum Price under Nasdaq rules. The company has entered into a securities purchase agreement with an accredited investor for the acquisition of 2,491,381 common shares at a purchase price of...

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Faraday Future Intelligent Electric ( NASDAQ:FFIE ) has experienced a significant increase in its stock price, jumping 67% in premarket trading on Friday, following a 479% surge on Thursday. The EV stock is now trading at $1.70, the highest return for any stock listed on the New York Stock Exchange or Nasdaq. The market cap on NASDAQ:FFIE is now up to $70M,...

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The cryptocurrency market has seen a 2.50% increase in the last 24 hours, reaching $2.35 trillion on May 17. This is driven by the continued inflows into spot Bitcoin exchange-traded funds (ETFs) in the United States. As of May 16, these funds managed approximately $12.40 billion worth of Bitcoin ( CRYPTOCAP:BTC ), up from $11.18 billion at the beginning of the...

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Chainlink ( BIST:LINK ) social dominance reached a six-month peak on Friday, surpassing levels seen in the past six months, along with the token's price rally that began on Wednesday. Despite the price increase and rising talk about the token, on-chain data suggests that BIST:LINK holders have started taking profits, a sign of possible increasing selling...

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Microsoft plans to offer cloud computing customers AMD's AI chips as an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs). Details will be provided at Microsoft's Build developer conference next week. Microsoft's clusters of Advanced Micro Devices' ( NASDAQ:AMD ) flagship MI300X AI chips will be sold through its Azure cloud...