Text size ViacomCBS is changing its name to Paramount Global. Dreamstime ViacomCBS reported a very solid quarter of streaming-subscriber gains on Tuesday, but that growth didn’t come cheaply. The comp...
Category: Finance
Live Finance News Updates. Available In All Languages.
Russian Skater Kamila Valieva Reportedly Tested Positive For 3 Heart Drugs
Topline Kamila Valieva, a 15-year-old Russian figure skater who sparked a possible doping scandal at the 2022 Olympics, tested positive for three drugs used to treat heart conditions—one of which is b...
Roblox tanked 15% on Q4 results: ‘user metrics look good’
Roblox Corp (NYSE: RBLX) shares tanked 15% after-hours on Q4 results that fell shy of Wall Street estimates. The social-gaming company saw a nearly 1.5x annualised increase in its quarterly loss. Key ...
SEDG Stock Falls On Quarterly Earnings Miss
SolarEdge Technologies (SEDG) reported fourth-quarter financial results late Tuesday that fell short on earnings but beat on revenue. It’s one of three solar companies that report fourth-quarter...
Why Larry David was the perfect ‘anti-sponsor’ of FTX’s Super Bowl ad, according to Jeff Schaffer
FTX knew that if it was going to cough up the cash for a Super Bowl spot it had to check a few boxes: represent its growing brand, reach new users and, oddly specifically, include comedian Larry David...
SUSHI whales bought additional 9.6M tokens in dip
TL;DR: Breakdown Whales accumulated over 9.6 million SUSHI tokens in two months. They currently own 9% more their previous supply combined. Recent market data from Santiment shows that SUSHI whales ac...
Geopoly: Here’s Why Everyone Should Keep an Eye on it this year
Key Takeaways: Geopoly is a geolocation economic simulation game that enables users to play anywhere in the world. The game allows players to acquire, improve and sell real-world enterprises by using ...
Why Fat Contracts Are the Perfect Complement to Smart Contracts
Smart contracts limit the metaverse – fat contracts enable it Smart contracts are applications deployed on the blockchain and executed by miners. Compared with today’s internet applications, the most ...
More than 112 million viewers tune in
Los Angeles Rams’ Von Miller celebrates with the Vince Lombardi Trophy after winning Super Bowl LVI. Mike Segar | Reuters Super Bowl ratings rebounded from last year’s low, but the Nationa...
Airbnb, Roblox, Wynn Resorts & more
The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Check out the companies making headlines in af...
DeSantis Reportedly Backs Plan To Take $200 Million From School Districts That Had Mask Mandates
Topline Florida Gov. Ron DeSantis (R) is putting his support behind a plan to redirect $200 million in state funding from school districts that enacted mask mandates earlier in the pandemic, according...
The Fed Is As Much In The Dark As The Rest Of Us
Federal Reserve Chairman Jerome Powell has no surefire playbook at his disposal (Photo by ANDREW … [+] CABALLERO-REYNOLDS / AFP) AFP via Getty Images “The Fed Is About To Make A Massive Policy E...
Shopify share price forecast ahead Q4 results
Shopify Inc. (NYSE: SHOP) will announce fourth-quarter earnings results this Wednesday, February 16, before the market opens. Shopify shares have weakened more than 35% since the beginning of the 2022...
Treasury official touts the ‘flexibility’ of bank charters for stablecoin issuers during Senate hearing
In its push for greater stablecoin oversight, the US Treasury Department is trying to soften its central proposed regime. This was particularly apparent in a hearing before the Senate Banking Committe...
UEFA under fire for promotion of fan tokens via Socios.com partnership
TL;DR Breakdown • The Champions League currently in a trend of bad decisions.• UEFA gains fame for using questionable fan tokens. The Union of European Football Association’s Champions League has rece...
Tim Hortons focuses its next phase of U.S. expansion on snowbirds and retirees
A pedestrian walks past a Tim Hortons restaurant. Ben Nelms | Bloomberg | Getty Images Tim Hortons is slated to open its first location in Houston this summer, signaling the Canadian coffee chain̵...
As ‘Dune’ Passes $400 Million, Can ‘Dune Part Two’ Rewrite Box Office History?
Zendaya and Timothée Chalamet in Denis Villeneuve’s ‘Dune’ Warner Bros. Warner Bros. and Legendary have made it official, namely that Denis Villeneuve’s $165 million Dune has passed ...
Constellation Brands Is Declining Towards Its ‘Reversion To The Mean’
(Photo by Richard Levine) Corbis via Getty Images Constellation Brands (STZ) set its 52-week high of $258.00 on January 6 on a positive reaction to its latest earnings report. After the high was set t...
Wolfe Research analyst picks his favourite in the airline stocks
The U.S. Global Jets ETF jumped more than 5.0% on Tuesday after Wolfe Research analyst Scott Group assumed coverage of the airline space with an “overweight” rating. Group sees an upside to $50 in D...
Airbnb Stock Jumps Ahead Of Fourth-Quarter Earnings
Airbnb (ABNB) reports fourth-quarter results late Tuesday amid a broad rally in travel stocks. Airbnb stock was surging. Among other travel stocks Tuesday, Expedia (EXPE), Marriott International (MAR)...
Congressman Warren Davidson introduces bill to protect self-hosting of cryptocurrencies
advertisement Congressman Warren Davidson (R-OH) has introduced new legislation to protect self-hosted crypto wallets from government agencies. The bill, which was introduced on February 15, aims R...
Main Street restaurant owners growing despite Covid
When Matt Horn opened up his first restaurant in Oakland, Horn BBQ, the pandemic was in full swing. It was fall of 2020 and he’d overcome a long list of challenges from location to regulations a...
Vote on Biden Fed picks delayed as GOP presses for answers on Raskin ties to firm
A Republican boycott Tuesday held up a Senate committee vote on the appointment of a top banking regulator and Federal Reserve Chairman Jerome Powell. Sen. Sherrod Brown, head of the Senate Banking Co...
How HA! Plans To Change The Salty Snacks Aisle
HA! founder Justin Wiesehan is creating a better-for-you version of your favorite salty snacks HA! Justin Wiesehan is a self-proclaimed snackaholic. But when he started to count his macros in his ques...
Meme Trading Is Not Dead—It Will Continue To Rile Markets
Of all the trends that have emerged out of the pandemic, one of the most watched in the financial arena was the rise of meme stocks. Online traders, often young and inexperienced, banded together via ...
Temenos Appoints Erich Gerber as President and Chief Revenue Officer
Temenos AG, a Switzerland-based company specializing in enterprise software for banks and financial services, has announced the appointment of Erich Gerber today as President and Chief Revenue Officer...
What a Monster, Constellation Merger Might Mean and Why Coca-Cola Could Be Key
Text size Monster Beverage display, Indianapolis, IN, November, 2020. Jonathan Weiss/Dreamstime.com Monster Beverage stock climbed early Tuesday as investors weighed up a possible merger between the e...
Tokemak: liquidity rental-as-a-service
February 15, 2022, 2:50PM EST • 6 min read Quick Take Tokemak deploys protocol-controlled assets into providing liquidity on outside trading venues. TOKE stakers direct the liquidity and backstop the ...
Coinbase Sees ‘A large number’ Web3 Opportunities, Says It Will Hire 2,000 People By 2022
TL;DR Breakdown Coinbase announces to hire 2000 people by 2022 due to the possibility of a large number of Web3 opportunities The cryptocurrency trading platform intends to add products to its platfor...
Coinbase Super Bowl Advertisement Causes Technical Difficulties As Trading Platform Gets Overrun With Traffic
Coinbase’s idiosyncratic Super Bowl advertisement on Sunday is directing such a large swath of viewers to the exchange’s website that it ended up causing temporary technical difficulties. The ad featu...