Alibaba Group Holding Limited (NYSE: BABA) is slashing the cost of its cloud services by up to 50% while it explores spinning off the fast-growing Aliyun business. Alibaba and Tencent Holding Ltd (OTC...
Category: Finance
Live Finance News Updates.
Is Avalanche fooling its investors and token holders? – Cryptopolitan
The Avalanche blockchain is currently under the crypto community’s radar. Recent reports indicate that Ava Labs, the for-profit company behind the Avalanche blockchain, has employed an army of thousan...
Cronos, 1inch, and Collateral Network are showing bullish momentum
Since new crypto projects are entering the market daily, finding one that could generate a significant return on investment (ROI) can be difficult. But no worries, our analysts have discovered one tha...
First Republic Pleads With Big Banks For Rescue. FRC Stock Keeps Tumbling
First Republic Bank is fighting for survival again after reporting a nearly 41% deposit flight in its first-quarter earnings beat Monday. FRC stock halved during in Tuesday trading and continued pushi...
Nasdaq jumps, buoyed by Microsoft results: Stock market news today
U.S. stocks pointed up Wednesday, led by the Nasdaq, as investors start to digest the big tech earnings bonanza that has kicked off this week. The S&P 500 (^GSPC) and the Dow Jones Industrial Aver...
Pressure mounts on First Republic as its stock continues to plunge
The stock of First Republic (FRC) plunged again Wednesday morning as pressure on the San Francisco lender intensified following a depositor exodus in March and new attempts to sell some of its underwa...
Hendon Hooker Ready To Convince NFL Age Is Just A Number
BATON ROUGE, LOUISIANA – OCTOBER 08: Hendon Hooker #5 of the Tennessee Volunteers celebrates after a … [+] game against the LSU Tigers at Tiger Stadium on October 08, 2022 in Baton Rouge, ...
AbbVie Q1 Earnings to Shine a Light on Humira Patent Loss
AbbVie (ABBV), the maker of the best-selling drug of the 21st century, will probably say earnings plummeted in the first quarter after it lost the exclusive right to market Humira, its blockbuster bio...
Luxury Platform MadaLuxe To Open Stores For High End Swedish Bed-Maker Hästens
A Hästens bed can cost as much as a luxury car, or more. The company will offer the public a glimpse … [+] of the hand-made mattresses with the opening of stores. Courtesy of Hästens MadaLuxe Gr...
Enphase Sales Warning Pulls Down Stocks in Solar Industry
Enphase Energy stock fell 17% after the company said its sales growth could slow because of weak demand for its solar products in the U.S. That is an ominous sign for the solar market. Enphase (ticker...
Want To Increase Cultural Investment? Use Tourism Taxes
The taxes levied on overnight stays could fund much more than convention centres and marketing campaigns. They can make places more vibrant, inclusive and worth visiting. From Saturday, April 1, every...
Tesla Gets Fresh Downgrade; Analyst Questions If Big Profits Were ‘Structural’ Or Temporary
Tesla (TSLA) stock has plummeted in April, accelerated by last week’s first-quarter financials showing gross margins have retracted more than expected. On Wednesday, another analyst downgraded ...
US Natural Gas Gets A Boost With FERC Ruling On Rio Grande LNG
LNG (liquefied natural gas) tanker ‘Golar Igloo’ arrives in the port of Eemshaven, north of … [+] Groningen, on September 4, 2022. – – Netherlands OUT (Photo by Siese VEE...
5 big analyst picks: NVIDIA upgraded to Buy on data center growth
Investing.com — Here is your daily Pro Recap of the biggest analyst picks you may have missed since yesterday. NVIDIA upgraded to Buy on expected revenue and profit acceleration Erste Group upgr...
How Maple Finance Helps Institutional Borrowers with Undercollateralized Loans – Cryptopolitan
Maple Finance emerged in the decentralized finance (DeFi) space as an innovative lending platform, aiming to transform traditional borrowing and lending dynamics. Launched in May 2021, the platform ad...
Disrupters Threaten To Upend The Established Carbon Credit Marketplace
Close-up of vertical sign with logos for ridesharing companies Uber and Lyft, with wheels of a car … [+] in the background, indicating a location where rideshare pickups are available in downtow...
Who’s getting laid off in America, by salary range
Photo: Bryan Woolston (Reuters) Usually in economic slowdowns, it’s low-income workers who get cut first, but the recent increase in unemployment insurance (UI) claims in the US has been more broad-ba...
How Maple Finance Can Help Institutional Borrowers with Undercollaterized Loans – Cryptopolitan
Maple Finance emerged in the decentralized finance (DeFi) space as an innovative lending platform, aiming to transform traditional borrowing and lending dynamics. Launched in May 2021, the platform ad...
Everything We Know About ‘The Diplomat’ Season 2 On Netflix
The Diplomat Netflix If there’s one piece of advice I would give to every new show on Netflix, it’s don’t end your first season on a cliffhanger. You may think you’re forcing Netflix’s hand to bring y...
Legendary investor Peter Lynch shares the 2 things investors should look for when picking stocks
Peter LynchBrian Snyder/Reuters Legendary investor Peter Lynch has a long track record when it comes to picking individual stocks. He generated big returns when he managed Fidelity’s Magellan f...
Machine learning algorithm sets Apple stock price for May 2023
Legendary investor Peter Lynch expressed regret for missing out on the opportunity to invest in Apple (NASDAQ: AAPL) years ago, while Warren Buffett, who has historically been skeptical of technology...
First Republic Shares Slip on Report of Buyers for New Stock
(Bloomberg) — First Republic Bank shares slumped on a report that advisers have lined up potential buyers of new stock as part of a rescue plan for the beleaguered lender. Most Read from Bloombe...
Is XRP Ready to Reach All-Time Highs This Summer? – Learn What Avorak AI Trade Tools Tell Investors
XRP News XRP, the cryptocurrency that is closely associated with the Ripple payment protocol, has been in the news quite a bit recently. The main reason for this is the ongoing lawsuit that Ripple is ...
Raheem Sterling Could Face Decision On His Future Amid Chelsea Chaos
LONDON, ENGLAND – APRIL 18: Raheem Sterling of Chelsea during the UEFA Champions League … [+] quarterfinal second leg match between Chelsea FC and Real Madrid at Stamford Bridge on April 1...
Planemaker reports mixed Q1 results, boosts 737 Max production
Boeing (BA) released a mixed Q1 earnings report, beating on top-line revenue but missing on profit. The company also said it would be boosting output of its 737 Max planes despite a recent production ...
Do AI-Based Tools Understand Diversity Biases?
getty Over the past few months, we’ve witnessed a surge of AI-powered chatbots. ChatGPT is probably one of the most visible leaders in this field, and other companies have been working on their own ge...
Space and Time launches data warehouse to revolutionize verifiable AI models
As artificial intelligence (AI) grows more pervasive in today’s corporate applications and processes, the decentralized data pioneer Space and Time seeks to guarantee that AI models are educated with ...
Microsoft-Activision Spread Blows Out After UK Blocks Takeover
(Bloomberg) — The deal spread on Microsoft Corp.’s proposed takeover of Activision Blizzard Inc. is blowing out as traders worry that the $69 billion merger will collapse after UK antitrust regu...
DOGE rallies above $0.08181, can the bulls breakthrough? – Cryptopolitan
Dogecoin price analysis shows an uptrend over the past 24 hours, as the cryptocurrency broke through resistance at $0.08188. The price of Dogecoin is currently hovering around $0.08181, which suggests...
Celo joins Chainlink SCALE & enhances Celo’s ecosystem growth
Soon after the Celo community approved, Celo announced its joining of Chainlink SCALE (Sustainable Chainlink Access for Layer 1 and 2 Enablement) program that will help speed up the adoption of the re...
‘Yonder’ Wonders If Love Is Really About Letting Go
Han Ji-min and Shin Ha-kyun play a happy couple who must say goodbye. Paramount+ The sci-fi k-drama Yonder is set in the year 2032. Not only is euthanasia legal in this future version of South Korea, ...
S&P 500: 11 Bank Stocks Tank Again — Fueling Financial Crisis Dumpster Fire
Just when you thought the S&P 500 banking crisis was over, tanking financial stocks remind investors the crisis still rages. X Shares of 11 bank stocks in the SPDR S&P Bank ETF (KBE), includin...