Author: Chaz Cutler

THE ANGELS, August 15, 2022 /PRNewswire/ — FaZe Holdings Inc . (Nasdaq: FACE) (“FaZe” or the “Company”), the lifestyle and media platform rooted in gaming and youth culture, today announced its financial results for the second quarter ended June 30, 2022 with SEC. Summary financial results are included with this press release. Latest business aspects Strong momentum with second quarter sales of 18.8 million dollarsa 22% year-over-year increase and a new quarterly record Listed on Nasdaq under the symbol FAZE through a SPAC arrangement. 57.8 million dollars in net income Designated Zach Katz to the new role of president and…

TORONTO–(BUSINESS THREAD)–Tokens.com body (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly traded company that invests in Web3 crypto assets and incubates companies linked to Metaverse and NFT, is pleased to announce its operating and financial results for the three and six months ended June 30, 2022 (“Q2 2022”). All dollar figures are in United States dollars (“USD”) unless otherwise noted. Highlights of Q2 2022: Revenue increased to $251,000, compared to $201,000 for the period ended June 30, 2021 (“Q2-2021”). Non-cash revaluation losses on digital assets of $12.5 million, compared to $6.7…

Stocks held on to gains on Monday, reversing earlier declines, with the Nasdaq leading the way, closing up 0.62% to 13,128.05. Here are the most popular after-hours tickers on Yahoo Finance: apple (AAPL), Activision Blizzard (ATVI), Ally Financial (ALLIED): Berkshire Hathaway increased its stake in Apple, Activision Blizzard, Ally Financial, Paramount Global ( PARA ) and Celanese ( CE ), according to a 13F regulatory filing. Berkshire added about 3.9 million Apple shares, bringing its total stake in the tech giant to roughly 895 million shares. Berkshire’s top three holdings at the end of the second quarter were Apple, Bank…

Confidence among US builders fell in August as high home prices, construction costs and interest rates threatened housing affordability and dampened demand. The National Association of Home Builders’ housing market index for August fell 6 points to 49, below economists’ forecasts of 55, according to a Refinitiv survey. This is the first time since May 2020 that a reading has fallen below the balance threshold of 50. “Tighter monetary policy by the Federal Reserve and persistently high construction costs have led to a housing recession,” said Robert Dietz, NAHB’s chief economist. The report’s housing market index showed that its traffic…

Rajesh Agrawal is London’s Deputy Mayor for Business London was confirmed last month as the world’s leading hub for fintech venture capital funding. Through 2022, it has raised $6.3 billion. That’s well ahead of New York at $4.5 billion and Silicon Valley at $5.5 billion. It also comes on top of record venture capital investment in London last year of $25.5 billion. With my own business background in fintech, this sector and its success, which is incredibly important to the London economy, is very close to my heart. London is the undisputed tech capital of Europe and is home to…

Walworth County Chief Financial Officer Jessica Conley has announced that Walworth County has received two awards from the Government Finance Officers Association: the Certificate of Achievement for Excellence in Financial Reporting for the year ending December 31, 2020 and the Distinguished Budget Presentation Award for the county. Budget document 2022. This is the 19th consecutive year the county has received the Certificate of Achievement for Excellence in Financial Reporting and the 18th consecutive year the county has received the Distinguished Budget Presentation Award. To be considered, municipalities must be reassessed every year. “Changes to both year-end financial reports and budget…

NEW YORK–(BUSINESS THREAD)–Siebert Financial Corp. (NASDAQ: SIEVE) (“Siebert”), a mission-driven financial services provider, today reported financial results for the second quarter ended June 30, 2022. Financial data for the second quarter of 2022 Revenue of $11.7 million compared to $16.8 million in Q2 2021 Operating loss* of $0.5 million compared to operating income of $1.9 million Q2 2021. of $1.4 million in Q2 2021 Earnings per share of $0.02 compared to $0.05 in Q2 2021 Retail customer net worth of 13.8 thousand million compared to $16.8 billion at the end of 2021 Management comment “During the first half of 2022,…

Traders work at the New York Stock Exchange (NYSE), August 15, 2022. Brendan McDermid | Reuters US stock futures were flat on Monday night after all three major averages gained during the daily trading session. Dow Jones Industrial Average futures were down 33 points, or 0.11%. On Monday, the 30-stock index closed above its 200-day moving average for the first time since late April. S&P 500 and Nasdaq 100 futures fell 0.13% and 0.11%, respectively. Shares of ZipRecruiter fell more than 5% in after-hours trading as the company cut its revenue outlook. Compass shares fell nearly 13% after the real…