Tag Archives: number

‘Number go up’ is alive and well — and not just in crypto: Morning Brief

‘Number go up’ is alive and well — and not just in crypto: Morning Brief

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: “Number go up.” It’s one of the many memes that sprang up during a previous crypto surge, representing a similar vibe as “to the moon” or “hodl” — the idea that the faithful would keep buying in the belief that prices would continue to climb. (It’s also the title of Zeke Faux’s seminal book on crypto.) Crypto bulls have pointed to what they say are… Source link

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Small plane that crashed off California coast was among a growing number of home-built aircraft

Small plane that crashed off California coast was among a growing number of home-built aircraft

LOS ANGELES (AP) — A small airplane that crashed into the ocean off the California coast on Sunday was constructed piece by piece over nearly a decade, one of tens of thousands of home-built aircraft that are part of a high-flying hobby taking off across the country. Federal investigators said they believe four people were aboard the single-engine Cozy Mark IV when it went down in the evening just south of San Francisco. No survivors were found and only one body had been recovered from the… Source link

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Here’s the number of eligible borrowers who applied by US state

Here’s the number of eligible borrowers who applied by US state

The White House this week released data showing the number of student borrowers in each state who applied for or were automatically eligible for President Joe Biden’s student loan forgiveness plan. More than 26 million people applied for cancellation in the few weeks the loan forgiveness application was available. Over 16 million of those applications were fully approved by the Education Department (ED) before it stopped accepting applications because of lawsuits. Overall, more than 40… Source link

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BofA downgrades Coinbase, says company faces ‘a number of new headwinds’ after FTX debacle

BofA downgrades Coinbase, says company faces ‘a number of new headwinds’ after FTX debacle

Analysts at Bank of America downgraded shares of Coinbase (COIN) on Friday as the fallout from FTX’s stunning implosion continues to ripple through crypto markets. Shares of Coinbase were down as much as 5.5% in early trading on Friday. “We think Coinbase (COIN) likely faces a number of new headwinds over the near/medium-term due to the recent collapse of rival crypto exchange FTX,” analysts led by Jason Kupferberg wrote in a note to clients. They added: “As a result, we downgrade COIN to… Source link

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Why is Meta stock tanking? ‘The wrong number at the wrong time,’ analyst explains

Why is Meta stock tanking? ‘The wrong number at the wrong time,’ analyst explains

Investors in Meta stock wanted to hear one thing on the embattled company’s earnings call late Wednesday: an acknowledgement by founder Mark Zuckerberg that leaner spending times were ahead as margins have been squeezed by an ill-timed metaverse build out and a slowing ad market. They heard the opposite. The social media platform outlined about 13% year-over-year expense growth for fiscal year 2023, well above the Street’s forecast of 7%. Meta will clearly continue to spend aggressively —… Source link

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