Generative Data Intelligence

Tag: cash burn

ADVFN’s Revenues Drop by 30%, Shares Test Monthly Lows

Despite a similar report from the financial markets’ website operator ADVFN (LSE: AFN) sparking euphoria among stock investors at the end of December, this time their...

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Embattled Silicon Valley Bank Seeking Outside Acquisition: Report

Trading for SVB Financial Group (SIVB) was halted this morning as the firm reportedly seeks to be acquired after failing to raise fresh capital.SVB...

Celsius Looking to Raise $14.4M Selling Bitcoin Mining Coupons and Credits

In another attempt to collect funds to repay creditors, the now-bankrupt crypto lender Celsius is now looking to sell $14.4 million in coupons and...

Electric-van start-up Arrival to cut half its remaining staff

Arrival will shed about half its remaining workforce to prevent it running out of cash this year, as the struggling UK electric-van start-up named...

Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG

Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement for the $74.4 million debt with its lender, NYDIG.The restructuring...

How Founders Should Think About Cash Management

Cash is like oxygen for startups; founders sometimes take it for granted, but it keeps your business alive. Even if you have a great...

Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues

Esports Entertainment Group (NASDAQ:GMBL) shed nearly two-thirds of its value this week. That’s after the company missed fourth-quarter estimates and cut 2022 guidance, prompting an analyst to question the firm’s liquidity position. Earlier this week, the Malta-based gaming and sports betting company said its fourth-quarter sales missed Wall Street forecasts by 22%, and it slashed […]

The post Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues appeared first on Casino.org.

Fintech Klarna Launches Comparison Shopping Service Across Europe

Payments Fintech Klarna has launched a Comparison Shopping Service (CSS) to help partner retailers boost customer reach and budget savings. David Sandström, Chief Marketing...

UiPath’s IPO filing suggests robotic process automation is booming

Robotic process automation platform UiPath added its name to the list of companies pursuing public-market offerings this morning with the release of its...

Boeing (BA) Stock Rises 8% Now amid Fears of New Coronavirus Wave

Today Boeing (BA) stock is up nearly 8%. Meanwhile, the stock has dropped 48.53% in the past twelve months. Despite the fact that there...

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