U.S. stocks rallied Tuesday morning, as crucial inflation data came in line with expectations. Regional bank stocks soared, clawing back some of their losses in the wake of the Silicon Valley Bank fal...
Category: Finance
Live Finance News Updates.
US Core CPI Tops Estimates, Pressuring Fed as It Weighs Hike
(Bloomberg) — Underlying US consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve officials weighing still-rapid inflation against banking turmo...
Bed Bath & Beyond stock rises after retailer amends equity offering deal
Bed Bath & Beyond Inc. BBBY has amended its equity offering deal that was announced last month. On Tuesday the home goods retailer announced that it is temporarily adjusting the Price Failure thre...
SVB Financial Contagion Fears Go Global
China Last Night KraneShares Key News Asian equities curbed yesterday’s enthusiasm driven by China’s positive policies following the National People’s Congress as SVB’s collapse crushed Asian in...
Roubini Launches Alternative Haven Trade for the Era of Endless Inflation
(Bloomberg) — Economist Nouriel Roubini has partnered with Goldman Sachs Group Inc. to launch the first in a suite of planned financial products that offer investors an alternative safe haven in...
Best Play Alberta Casino – Betbeard Playalberta Betting Site
Without a doubt, Betbeard is the finest Play Alberta casino available. I’d wager that you won’t find 6,000 slots and table games like this anywhere else in Alberta – after all, I’ve tried it myself! N...
Apple Bulls Are Looking for a Catalyst. Its VR Headset Launch Could Be Key.
Apple is proving a puzzle for investors. Shareholders hoping for a push to the share price might need to wait until the summer when the iPhone maker’s long-awaited virtual reality headset could finall...
3 takeaways from the February US CPI report
The story of the day for financial market participants comes from the United States. The February inflation report was released today – a critical piece of data ahead of next week’s Fed decision. It s...
AMC ‘APE’ Conversion Gets Shareholder Vote Today. What to Watch.
Shareholders for AMC Entertainment Holdings are scheduled to vote on measures that could drastically change the movie theater’s ability to raise cash selling stock. The firm will hold a special meetin...
First Republic, United Airlines, GitLab, Uber, Amylyx and More Market Movers
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Consumer prices rise 6% over last year in February, slowest since Sept. 2021
Inflation showed continued signs of cooling off in February but remained stubbornly high and well above the Federal Reserve’s 2% target in the year’s second month, according to the latest ...
Boeing lands mega deal with Saudi Arabia
Boeing (BA) has landed a big deal with Saudi Arabia. As Yahoo Finance first reported Tuesday, the aerospace giant has secured an order for up to 121 787s from two Saudi Arabian airlines — state-owned ...
A new nuclear reactor in the US started up last week — the country’s first in nearly 7 years. Here are 3 simple ways to invest in the space
A new nuclear reactor in the US started up last week — the country’s first in nearly 7 years. Here are 3 simple ways to invest in the space Nuclear power has its pros and cons. Right now, the U....
GitLab Stock Plunges 30%. Revenue Growth Set to Slow Despite Price Hikes.
GitLab stock plunged close to 30% early Tuesday after the DevOps software issued a weaker-than-expected revenue forecast. The company (ticker: GLTB) said it expects fiscal year 2024 revenue of $529 mi...
Digital fashion firm DressX raises $15 million in Series A funding
Will digital fashion ever be in vogue? That’s what fashion tech firm DressX is betting on as it raises a $15 million Series A led by Berlin-based crypto venture capital firm Greenfield. Th...
Honeywell appoints COO Vimal Kapur to succeed Darius Adamczyk as CEO
Honeywell International Inc. HON has appointed 34-year company veteran Vimal Kapur to succeed Darius Adamczyk as CEO. Kapur will assume the company’s reins on June 1 and was appointed to the company’s...
These 3 banks now offer 5% on checking and savings accounts
The difference between a savings account at a traditional bank and the rates available at an online bank are significant. Getty Images/iStockphoto It’s been over a decade since savings rates have been...
Inflation Fell To 6% In February—But Some Experts Fear Banking Crisis Could Make Prices Worse
Topline Annual inflation in February fell for an eighth-straight month—temporarily easing concerns about the future of the Federal Reserve’s economic tightening campaign—but some experts are increasin...
3 Regional Bank Stocks to Buy After SVB’s Collapse
The failure of Silicon Valley Bank (SIVB) has sent shockwaves through the U.S. banking industry, particularly affecting smaller banks. The SPDR S&P Regional Banking ETF (KRE) has declined over 20%...
Exness trading volume surges to $3 trillion in February
Exness, an online forex brokerage firm, releases its financial report for the month of February 2023, showing a stronger trading volume in all the areas of its trading business. As per the reports, th...
Insiders Buy the Dip in These 2 Beaten-Down Regional Bank Stocks
The week got off to a rocky start as the markets digested the collapse of Silicon Valley Bank last week, and the Federal regulators’ shutdown of Signature Bank over the weekend. Sparking fears of cont...
US Shouldn’t Have Bailed Out SVB Depositors, Say Investors Like Ken Griffin and Carson Block
(Bloomberg) — The US government’s emergency decision to backstop the financial system after the collapse of Silicon Valley Bank has earned praise from prominent names including Larry Summers and...
Cronos Price Prediction: Can it reach $1 before DigiToads?
DigiToads is the newest crypto currency to hit the market, and it’s turning heads. With its potential to rival more established coins like BTC, Cronos and more, many experts are talking about whether ...
SurveyMonkey maker Momentive to be acquired by Symphony for $1.5 billion
Momentive Global Inc. MNTV, the company that makes the survey platform SurveyMonkey, on Monday said it agreed to be acquired by a group led by Symphony Technology Group in an all-cash deal that values...
Treasuries Bull Who Hit Jackpot Sees 10-Year Yield Falling to 2%
(Bloomberg) — Back in early March, Akira Takei had been positioned for Treasury yields to drop and the curve to steepen — a bet that looked like a long shot. Not anymore. Most Read from Bloomber...
This 14.5%-Yielding ETF Pays Huge Monthly Dividends, but There Are Risks to Consider
With inflation at 6.4%, many investors are looking for investments that can beat the rate of inflation. The Global X Super Dividend ETF (NYSEARCA:SDIV) not only helps investors beat inflation, but it ...
Top 3 stocks under $1 to buy in March
With the third month of 2023 already well underway, the ripple effect from the collapse of multiple banks in the United States is felt far and wide, leaving investors to wonder which stocks are worthy...
Boeing sells Saudi airlines 78 Dreamliner planes
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | ...
Amazon gives first look at Project Kuiper satellite internet antennas
The company’s “standard” customer terminal, the middle of the trio of Project Kuiper satellite antennas at under 11 inches square and weighing under five pounds. Amazon WASHINGTON &#...