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Elon Musk Says Starlink Hit Breakeven Cash Flow

Elon Musk Says Starlink Hit Breakeven Cash Flow

Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire Elon Musk announced that Starlink—a satellite internet offering from his aerospace company, SpaceX—“achieved breakeven cash flow” on Thursday, just months after news broke that the offering had greatly increased its revenue, but fallen short of Musk’s expectations last year. Starlink reportedly generated $1.4 billion in 2022, which…

South African Reserve Bank holds steady on interest rates amid inflation concerns

South African Reserve Bank holds steady on interest rates amid inflation concerns

  USD/ZAR -1.10% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission:   Create New Watchlist Create Create a new holdings portfolio Add Create + Add…

Coinbase’s Q3 revenue beat expectations, but its shares fell as growth prospects underwhelmed

Coinbase’s Q3 revenue beat expectations, but its shares fell as growth prospects underwhelmed

Coinbase, the second-largest crypto exchange by trading volume, released its Q3 2023 earnings on Thursday, giving shareholders and market participants an opportunity to see what’s going on under the hood. In response to the report, the company’s stock is down about 5.5% in after-hours trading. In the third quarter of 2023, Coinbase generated $674 million…