Check out the companies making headlines after the bell: Sonic Automotive stock plummeted nearly 10 percent in after-hours trading. The automotive retailer said that gross margin pressure in key brands negatively impacted its second-quarter results. […]
IBM has teamed up with financial technology start-up Stronghold to launch a cryptocurrency that’s pegged to the U.S. dollar. The tech giant has put its weight behind a so-called “stablecoin,” a digital token that, in […]
Venture capitalist Peter Thiel is placing a new bet in the crypto space. The early Facebook investor was a part of Cayman Islands start-up Block.one’s most recent funding round announced Monday. The company recently raised […]
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