Virgin Galactic shares plunged by more than 19% after US markets opened. This is due to a net loss of $111 million for Q2 this year, missing estimates, and a 36%Β decline in revenue. The big letdown was another postponement of its commercial space service from 2023's Q1 to Q2.
Clients of Pimco, a well-known asset management company, withdrew $29 billion in three months from Bond funds. Interest rate hikes all over the world hit bond markets hard, and clients pulled massive amounts of money as a result.
Amid the huge popularity increase of AMTD Digital (HKD)and growth by more than 10,000% in just weeks, HKD found its peak and is now down by almost 80% from its all-time high level. Beware of higher volatility.
What is the Lightning Network and how is Fulmo contributing to its improvement and spread? Jeff Gallas from Fulmo answered these and few other questions connected to LN.