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Cosmos Group Holdings Inc. Issued Letter to Shareholders, Making Growth with the DOT Business

SINGAPORE, June 6, 2023 /PRNewswire/ --Dear fellow shareholders of COSG;We minted our first DOT on 6 Sep 2021 about 9 months ago. While 9 months does not appear to be such a long time, a lot of things have changed since then. Right now, we are considering scenarios that seemed implausible just several months ago inflation risks, raising interest rates, the crash of TerraUSD (UST), etc. just to name a few. As we wind down the first half of 2023 and prepare for the second half, it is timely for us to take stock of the Group's progress as well as to share some insights on how we are preparing for these future challenges.

Market Mover: Rent-a-Center (RCII) Up at Midday June 5

Last Price $ Last Trade Change $ Change Percent % Open $ Prev Close $ High $ low $ 52 Week High $ 52 Week Low $ Market Cap PE Ratio Volume Exchange RCII - Market Data News Trade

Rent-a-Center Inc. (NASDAQ: RCII) hasgained $3.3 (12.98%) and sits at $28.54, as of 12:06:43 est on June 5. 321,933 sharesexchanged hands. The Company has risen24.12% over the last 5 days and shares advanced 40.65% over the last 30 days. Rent-a-Center expects itsnext earnings on2023-11-02. For technical charts, analysis, and more on Rent-a-Center visit the company profile.

Is Alibaba Stock A Buying Opportunity? (NYSE:BABA)

David Becker/Getty Images News Alibaba (NYSE:BABA) continues to underperform on the key metrics of growth and profitability. However, the company is working to control costs amid an improving regulatory environment, so I believe that a turnaround in the coming years is more likely than not. Introduction I've written about Alibaba a couple of times in the past. I did a deep dive into China's e-commerce industry, and then an article about Alibaba specifically. My last article was written in October 2021, when I argued that the risks facing Alibaba were overblown and that the company was too cheap.

Coinbase may have a savior in BlackRock, but crypto concerns remain

By Paul R. La Monica, CNN BusinessCrypto brokerage Coinbase has been hit hard by the meltdown in bitcoin prices this year. The stock has plunged 65% so far in 2023. And the company's latest earnings, due out after cbalance.com the closing bell Tuesday, are likely to be miserable.Wall Street is forecasting a more than 50% drop in revenue from a year ago and expects that Coinbase will report a loss of about $585 million. The company posted a $1.6 billion profit in the second quarter of 2021.Still, some investors are hopeful the worst may soon be over.