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Mondu, a B2B buy-now-pay-later company, has raised $43 million

Mondu, a Berlin-based business, has raised $43 million in a Series A round-headed by Valar Ventures, which PayPal co-founder Peter Thiel founded. The firm wants to introduce buy now and pay later (BNPL) to the B2B market, allowing businesses to take advantage…

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Tencent Releases Dampening Q1 2022 Financial Report, Profits Slump 51% While Revenue Remains Unchanged

Tencent has published its Q1 2022 report showing a significant loss of profit, and its worst since the company went public. Tencent (HKG: 0700) released its Q1 2022 financial report that showed a 50% decline in profit year-on-year (YoY) as well as zero…

Investment market Stock by Jaxson Clark May 17, 2022

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Twitter (TWTR) Stock Gives Up All Gains Accrued since Elon Musk Disclosed 9% Stake in Early April

Twitter stock was trading at $37.39 on Monday, representing a complete reversal of gains acquired after Musk announced minority ownership. Twitter Inc (NYSE: TWTR) stock has shed all of its gains back since Elon Musk disclosed his 9% stake in the company last month. On…

Investment market Stock by Cawrey John May 13, 2022

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Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake

FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months. On Thursday, May 12, Sam Bankman-Fried, CEO of crypto exchange FTX, announced buying a 7.6% stake in…

Investment market Stock by Jaxson Clark May 12, 2022

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Panasonic Shares Down 1% after Forecasting Bearish Operating Profits for Current FY

In a bid to reposition its business for the long term, Panasonic plans to take its supply chain software business public. The shares of Japanese multinational conglomerate company Panasonic Holdings Corp (TYO: 6752) were down in Tokyo at the time of writing as…

Investment market Stock by Jaxson Clark May 11, 2022

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Roblox Reports Disappointing Q1 2022 Results, RBLX Stock Tanks 10%

The pandemic-driven demand for Roblox has cooled down which has resulted in some pressure on its revenue stream. Roblox says its will explore opportunities in the “metaverse” theme. On Tuesday, May 10, Roblox Corp (NYSE: RBLX), the popular video gaming company for kids announced…

Investment market Stock by Cawrey John May 10, 2022

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PTON Stock Slumps 26% as Peloton Reports Huge Loss in Fiscal Q3 2022

According to Peloton, the fiscal Q3 losses were fueled by a sharp reduction in consumer demand. Shares of exercise equipment manufacturer Peloton Interactive Inc (NASDAQ: PTON) declined 26% after comedy announced a huge loss in its fiscal Q3. The quarterly loss the connected fitness…

Investment market Stock by Jaxson Clark May 7, 2022

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Q1 2022 Earnings Show that DoorDash Is Pulling in Profits despite Pandemic Ease

DoorDash saw more new customers in the last quarter than in any other quarter in 2021. Online food ordering and delivery company DoorDash Inc (NYSE: DASH) has continued to record significant growth, according to its Q1 2022 earnings report. The company continues to boom even…

Investment market Stock by Jaxson Clark May 6, 2022

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Hang Seng Index Recorded Losses in Consonance with US Stock Market

Stocks in the Asian market are largely seeing a bad day as the shares of tech giants buckled under the realities in the broader global market. Asian markets recorded a significant plunge as investors buckled on the weight of COVID-19 lockdowns as…

Investment market Stock by Jaxson Clark May 5, 2022

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Moderna Sees X3 Covid Vaccine Sales in Q1 2022, MRNA Stock Jumps 7%

Except for its recent jump, Moderna stock has been at the lows. The remarkable Q1 2022 performance may give Moderna a boost and help its stock to rebound. Moderna Inc (NASDAQ: MRNA) gained about 8% in pre-market trading after the company’s Q1 2022…

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Mondu, a B2B buy-now-pay-later company, has raised $43 million

Tencent Releases Dampening Q1 2022 Financial Report, Profits Slump 51% While Revenue Remains Unchanged

Twitter (TWTR) Stock Gives Up All Gains Accrued since Elon Musk Disclosed 9% Stake in Early April

Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake

Panasonic Shares Down 1% after Forecasting Bearish Operating Profits for Current FY

Roblox Reports Disappointing Q1 2022 Results, RBLX Stock Tanks 10%

PTON Stock Slumps 26% as Peloton Reports Huge Loss in Fiscal Q3 2022

Q1 2022 Earnings Show that DoorDash Is Pulling in Profits despite Pandemic Ease

Hang Seng Index Recorded Losses in Consonance with US Stock Market

Moderna Sees X3 Covid Vaccine Sales in Q1 2022, MRNA Stock Jumps 7%

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