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Day: May 8, 2024

Grayscale’s application for ethereum futures ETF withdrawn
Business

Grayscale’s application for ethereum futures ETF withdrawn

(Reuters) – Crypto asset manager Grayscale Investments’ proposal for an exchange-traded fund tied to ether futures was withdrawn last week,…

Shopify’s downbeat revenue growth forecast sends shares to six-month low
Business

Shopify’s downbeat revenue growth forecast sends shares to six-month low

By Harshita Mary Varghese (Reuters) – Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against…

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
Business

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up

By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday,…

Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions
Business

Amazon unveils first electric seaport trucks amid push to slash tailpipe emissions

By Lisa Baertlein LOS ANGELES (Reuters) -Amazon.com on Tuesday unveiled the first of a dozen Volvo electric big rigs it…

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