Shares of D.R. Horton Inc (NYSE: DHI) are up more than 5.0% this morning after the home construction company reported strong results for its second financial quarter. Economist’s view on the housing m...
Category: Finance
Live Finance News Updates.
Why Rite Aid Stock Is Plunging Today
Rite Aid Corp (NYSE: RAD) has reported Q4 FY23 sales of $6.09 billion, compared to $6.06 billion a year ago, beating the consensus of $5.67 billion. The marginal change was primarily due to an extra w...
How Episodic Series Spotlight Brands Making A Difference
By Jordan P. Kelley, Content Director, BrandStorytelling Historically, brands have tried to keep the customer-facing side of their business all about products and services. Consumer goods brands have ...
Zero-Fee Spot Trading Feature Will be Live Soon on Deribit
Zero makers and taker fee feature will be launched soon on Deribit. Deribit accounts for over 90% of the open interest in Bitcoin and Ethereum options. Deribit, a Panama-based futures and options t...
Coinbase CEO Brian Armstrong Says ‘Years Long’ Battle With SEC Is About To Ensue
Coinbase CEO Brian Armstrong says the US-based crypto exchange is prepared to face the U.S. Securities and Exchange Commission (SEC) in court. The statement comes after Coinbase received a Wells Notic...
FC Barcelona Prepare Shock $66 Million Defender Sale To Facilitate Lionel Messi Return: Reports
FC Barcelona plan to sell one of their defenders in order to facilitate Lionel Messi’s return, a … [+] report claims. DeFodi Images via Getty Images FC Barcelona could sell one of their st...
We’re Not Done With Layoffs Yet As Meta, Disney And Amazon All Make Further Cuts
Disney has more layoffs on the cards. Getty Key takeaways Meta, Disney and Amazon have all made headlines this week as the highly anticipated job cuts hit workers across multiple divisions Meta and Di...
Pink Moon Studios Launches Its Highly Anticipated Free-To-Play Mode for KMON Genesis
April 20, 2023 – Singapore, Singapore Rebranding from Kryptomon to KMON Genesis, the move will significantly lower the barriers of entry to one of the world’s most popular Web 3.0 games. Today, Pink M...
Transgender Athlete Ban Passes House
Topline The House passed legislation Thursday that would ban transgender women and girls from competing in female school sports—a bill that is ultimately doomed in the Democratic-controlled Senate but...
Trump Now Claims Endorsements From Majority Of GOP Congress Members
Topline Former President Donald Trump keeps racking up endorsements from Republicans in Congress as he wages his third run for the White House, including a majority now from Florida Gov. Ron DeSantis’...
Moderna Partners With IBM Hoping AI Can Help Develop More mRNA Medicine
Topline Vaccine maker Moderna and computing giant IBM are teaming up to explore how quantum computing and artificial intelligence can develop future mRNA medicines, both companies announced on Thursda...
McLaren Announces Formula One Driver Development Program
Zak Brown, CEO of Mclaren Formula 1 Team, portrait during the Formula 1 Rolex Australian Grand Prix … [+] of FIA Formula One World Championship from 30th of March to 2nd of April, 2023 on the Al...
Navy’s Latest Shipbuilding Plan Signals Little Change In Fleet Size For The Foreseeable Future
Rumor has it that the United States has entered, or reentered, an era of great-power competition. At least, that’s what the last two iterations of the national defense strategy stated. However, if you...
Boba Network Launches Subsquid Integration, Offering Fast and Affordable EVM Indexing
April 20, 2023 – Palo Alto, California Boba Network – a multichain layer two optimistic rollup that aims to unlock the potential of rollup technology and enable interoperability between blockchains an...
Oakland Losing 3rd Major Sports Team In 5 Years As A’s Sign Las Vegas Deal
Topline The Athletics will follow the Raiders and Golden State Warriors out of Oakland, as they have reportedly signed a binding agreement to purchase land for a new major league baseball park in Las ...
Tesla Stock Plunges As Analysts Warn Profit Margin ‘Pain’ Will Linger In Coming Quarters
Topline Tesla is on pace for its largest daily stock price drop in more than three months Thursday after reporting quarterly earnings that met analysts’ top and bottom line expectations but amplified ...
Milwaukee Bucks’ Jrue Holiday Is Deep In Playmaking Bag
MILWAUKEE, WISCONSIN – APRIL 16: Jrue Holiday #21 of the Milwaukee Bucks is defended by Gabe Vincent … [+] #2 of the Miami Heat during Game One of the Eastern Conference First Round Playof...
BuzzFeed shuts down news division amid wider layoffs
BuzzFeed (BZFD) is shutting down its news division as part of wider company layoffs. According to an internal memo obtained by Yahoo Finance, the company said the shutdown is part of layoffs that will...
Germany Embraces Pseudoscience With Nuclear Phaseout
This nuclear power plant in Gundremmingen, Germany ceased operation on December 31, 2021 as part of … [+] Germany’s nuclear phase-out. Photo: Stefan Puchner/dpa (Photo by Stefan Puchner/pi...
AT&T Earnings Beat Estimates. Why the Stock Is the S&P 500’s Worst Performer Today.
Text size Phone companies such as AT&T continue to plow vast amounts of money into their networks. Justin Sullivan/Getty Images AT&T ’s revenue and earnings slipped in the first quarter from a...
State Abortion Bans May Affect Where Americans Attend College, Poll Finds—Even Republicans
Topline Nearly three-quarters of college students say state reproductive rights laws affect their decision of staying enrolled at their school, a new study from the Lumina Foundation and Gallup finds,...
Dogecoin price steady as addresses surpass 100k for the first time in 9 months
Dogecoin price has remained steady since the start of April after it surged to a 4-month high. The leader of meme coins was trading at $0.08691, down by about 5% on a day when Elon Musk’s SpaceX Compa...
Dow Jones Gobsmacked As Tesla Eyes 150, Microsoft Dumps Twitter, Adding To Elon Musk Woes
The Dow Jones Industrial Average and other stock market indexes sold off Thursday after Tesla (TSLA) spooked investors and American Express (AXP) missed earnings estimates. Dow Jones component Microso...
Memecoin vs Defi, Dogecoin (DOGE) vs RenQ Finance (RENQ), where are whales tilting and why? – Cryptopolitan
The cryptocurrency market has seen an influx of meme-inspired tokens over the past year, with the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) gaining massive popularity. However, in recent times, de...
SpaceX Starship Explodes After Launch
Topline Elon Musk’s SpaceX Starship—which plans to one day take passengers to the moon and Mars—attempted to launch into space Thursday but experienced “a rapid unscheduled disassembly” exploding befo...
Binance Charity and Mercy Corps Ventures partner to support fintech startups with $1 million
Global cryptocurrency exchange Binance has announced a $1 million commitment to Mercy Corps Ventures (MCV), the impact investment arm of the global development organization Mercy Corps via its philant...
Buzzfeed is closing its news division
Buzzfeed Inc is in focus on Thursday after CEO Jonah Peretti revealed that the company is closing its news unit. Peretti also disclosed that the Nasdaq-listed firm has decided to lay off about 15% of ...
Why AT&T Shares Are Plunging Today
AT&T Inc (NYSE: T) reported first-quarter FY23 operating revenues of $30.14 billion, up 1.4% year-over-year, marginally missing the consensus of $30.26 billion. The results reflected higher Mobili...
Helium (HNT) and Fantom (FTM) post favorable trade indicators according to Avorak AI
The cryptocurrency market is in FOMO mode. Cryptos are breaking yearly highs, so many are looking for those cryptos that are lagging behind the rest of the market to get in before the inevitable pumps...
Nascar Signs New Official Fantasy Sports Partner
TALLADEGA, ALABAMA – APRIL 24: Christopher Bell, driver of the #20 DeWalt Toyota, leads the field to … [+] the green flag to start the NASCAR Cup Series GEICO 500 at Talladega Superspeedwa...
Tesla’s 1Q23 Earnings Confirm Major Downside Risk
Indianapolis – Circa April 2017: Tesla Service Center. Tesla designs and manufactures the Model S … [+] electric sedan IV getty After 1Q23 earnings and another missed growth goal, I contin...
Why Warren Buffet’s advice on holding cash, and ‘fat pitches’, is more relevant than ever
Warren Buffett – JOHANNES EISELE/AFP/Getty Images I love questions that start with an apology. “This is probably a stupid question, but…” is always an indication that what follows won’t be. One ...