Stocks

Robinhood (HOOD) reported Q1 revenue of $340 million, down 35% compared to 2021. The analyst's consensus estimate was for $448.2 million in revenue for the first quarter.

Following the successful launch of its top-rated online sportsbook in New York last week, DraftKings Inc. (Nasdaq: DKNG) today announced that it will become the official sportsbook provider of the Oregon Lottery.

Gamestop shares are 8.42% lower at 158.99 after the company reported the third-quarter earnings that disappointed investors. GameStop reported losses of $1.39/share in the third quarter. The analysts' estimate was for a loss of $0.52 per share.

Roku stock extends gains in midsession adding over 14% at 248.91. The news that the company will extend the agreement with YouTube and YouTube TV attracted traders' and investors' attention. 

Tesla is giving up more than 4% today as the selloff in technology continues with Nasdaq down almost 1.70%. The S&P 500 is down 1% at 4529 while Dow Jones is 0.60% lower at 34412

Today's stock market is “crazier than the dotcom bubble,” Berkshire Hathaway (BRKA) vice chairman C. Munger

Elon Musk the CEO of Tesla sold 639,737 shares in the Tesla stock, yesterday according to filings made public today

Adam Aron, the chief executive of AMC Entertainment (AMC) announced in a tweet that his company accepts officially Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash

National Westminster Bank Plc (NatWest) entered guilty pleas at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007).

Sinic Holdings one of the biggest Chinese real estate developers slumped 87% at 0.50 and trading halted in Hong Kong as fears of Evergrande contagion grow in the region. The stock hit the daily low at 0.37, on Friday Sinic stock closed at 3.85.