Paxos
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.
Coindesk·2023/06/15 20:24
Flash
20:09
Rambus reports adjusted earnings per share (EPS) of $0.55 for the first quarter, with an operating margin of 34%.Second quarter product revenue is expected to be $95 million to $101 million, contract and other revenue between $19 million and $25 million, and license orders between $76 million and $82 million. A certain exchange’s U.S. stock price rose 4% after hours.
20:05
Comtech Electronics Q1 revenue reaches $1.47 billion, analysts expected $1.46 billionAdjusted earnings per share (EPS) for the first quarter were $1.96, while analysts expected $1.89. Full-year revenue is projected to be $6.13 billion to $6.23 billion, up from the company’s previous forecast of $5.9 billion to $6 billion.
20:03
The S&P 500 Index preliminary closed up by 0.1%, with the energy sector rising by 0.9%, financials up by 0.7%, technology up by 0.4%, real estate down by 0.8%, and consumer staples falling by 1.2%.The Nasdaq 100 Index preliminarily closed roughly flat. Among its constituents, Arm Holdings preliminarily closed down 8.4%, T-Mobile fell 4.1%, and Charter Communications, Marvell Technology, AMD, Lam Research, and others declined by over 3%. Nvidia rose 3.9%, ranking third in performance, while Micron Technology gained 5.4% and Sandisk surged 7.9%. McDonald’s fell 3%. Walmart, Merck, IBM, and Coca-Cola dropped by more than 1%, leading declines among Dow Jones constituents. Goldman Sachs, JPMorgan, Nike, and American Express rose by more than 1%, leading the gains alongside Nvidia.