News

Microvast Holdings Inc. (MVST) announced a delay in filing its Form 10-K for the fiscal year ended December 31, 2024, due to the need for additional time to complete its year-end closing and financial reporting process, an ongoing asset valuation, and its transition out of emerging growth company status. This delay has resulted in a decline in MVST stock price.

Cryptocurrency markets are rallying despite mixed signals from the Fed and economic indicators, with analysts observing trends such as panic among short-term Bitcoin holders and potential catalysts for growth. The future of Bitcoin and Ethereum remains uncertain, with technical indicators offering mixed signals.

A Reddit user's story of cutting over $12,000 in annual expenses after being laid off highlights the importance of frugality and adaptability in the face of financial challenges. By embracing alternative options and exploring cost-cutting strategies, they were able to significantly reduce their expenses without sacrificing their quality of life.

Intel Corporation shares are experiencing a decline after recent gains, potentially due to profit-taking and investor hesitation following the appointment of a new CEO. This decline comes amidst financial challenges and increasing competition from other technology giants, raising concerns about the company's future performance.

Affirm Holdings Inc. (AFRM) shares surged 9.18% on Wednesday, following the Federal Reserve's decision to maintain interest rates and slow quantitative tightening. This positive sentiment aligns with the broader market's reaction, as the Fed's policy signals a more accommodative stance that could benefit Affirm's business model and the fintech sector overall.