The United States Federal Trade Commission (FTC) seeks to block Microsoft Corp.’s acquisition of Activision Blizzard, Inc. Earlier this year, Satya Nadella, Chairman and CEO, Microsoft stated over its...
Category: Finance
Live Finance News Updates.
MacKenzie Scott Outlines Criteria For Doling Out Her Billions
Topline MacKenzie Scott, one of the wealthiest women in the world following her divorce from Amazon’s founder Jeff Bezos, launched a website revealing the process behind how she chooses which groups t...
Pfizer and Moderna Shares Break Out. Here’s the Trade.
Drug stocks have been on fire lately, and over the past few weeks, the two leading covid-19 vaccine makers, Pfizer (PFE) – Get Free Report and Moderna (MRNA) – Get Free Report, have surg...
California’s New Fast-Food Employment Council Will Stifle Opportunity In The Golden State
McDonald’s is testing new ordering kiosks at a working restaurant at the company’s Oak Brook, … [+] Illinois headquarters. (Photo by Ralf-Finn Hestoft/Corbis via Getty Images) Corbis...
NASDAQ-100 Weakens Further: A Price Chart Analysis
Nasdaq, Nasdaq-100, Apple, growth getty AppleAAPL , MicrosoftMSFT and AmazonAMZN are the 3 biggest components of the NASDAQ-100 Index and it’s been months since any of them have seen higher highs. Inv...
Here’s how Adobe did in its fourth financial quarter
Adobe Inc (NASDAQ: ADBE) is trading 6.0% up in extended hours after the cloud company reported strong results for its fiscal fourth quarter. Adobe stock up on encouraging guidance Investors are also c...
‘Big Short’ Michael Burry Sends an Alarming Warning to Investors
Investors are worried. They wonder whether we are in a recession or we are heading towards a recession. What will this sharp slowdown in economic activity look like as companies have started pausing ...
Push For Puerto Rico Statehood Vote Gets One Step Closer With House Approval — But Faces Long Odds In Senate
Topline The House passed legislation on Thursday that would require Puerto Rico to vote on whether to change the island’s legal status next year, marking a significant step toward making the U.S. terr...
Key Republican presses Yellen to issue digital asset reporting rules
Rep. Patrick McHenry is urging the Treasury Department to issue clearer digital asset reporting rules as part of last year’s infrastructure bill and delay compliance requirements for the new rules. &...
Elon Musk is using Tesla as his personal ‘ATM machine’ after cashing out another $3.5 billion in stock. It’s a ‘train wreck situation,’ Wedbush’s Dan Ives says.
Elon Musk sold another $3.58 billion in Tesla stock this week, bringing his total sales since November of last year to nearly $40 billion—and investors aren’t happy about it. Wedbush’s tech analyst Da...
Polkadot price analysis: DOT prices consolidate around $5.21 amid bearish winds
Polkadot price analysis shows that the DOT/USD pair is facing a bearish market as it has slipped below the $5.25 mark. The key support level for the pair is present at $5.13, and if this level breaks,...
Six experts weigh in on the real estate outlook in 2023
If “hot” was the overused word to describe the U.S. housing market in 2021, then lukewarm to outright freezing might best describe how the market fared overall this year. The pandemic housing market ...
BitGo CEO Confirms Alameda Research Tried to Regain 3000 wBTC
Over a month has passed since FTX filed for bankruptcy under the Chapter 11 Bankruptcy Code. Alameda Research, sibling trading firm of the crypto exchange, was reported to be gathering cash prior to t...
Justin Roiland Talks Art, Creativity, And New Exhibition, ‘Debut’
Justin Roiland, Debut Installation view UTA Artist Space, Beverly Hills Photo credit line: … [+] Photographed by Jeff McLane. Courtesy of UTA Artist Space. Photo by Jeff McLane Justin Roiland h...
Stock Market Braces For ‘Volatile’ Trading In Coming Weeks—Here’s How Much The S&P Could Tank
Topline As concerns over a looming recession push stocks to five-week lows, a growing rash of experts warn the volatility should only continue in the coming weeks, as uncertainty grows over the holida...
Quants May Be Forced to Sell $30 Billion of Stock Futures as Markets Drop
(Bloomberg) — Thursday’s stock selloff sent the S&P 500 to levels that likely made bears of certain types of rules-based investors. Most Read from Bloomberg Commodity trading advisers, who p...
Core Scientific continues its rally
Despite most mining stocks falling, Core Scientific continued its rally by finishing up 72% today. Bitcoin was valued at around $17,400 at the close on Thursday, Dec. 15, according to data from...
15 Years Ago, the Housing Market Crashed Under Similar Circumstances
Fifteen years ago, in the first quarter of 2007, U.S. housing prices were at an all-time high. According to the St. Louis Fed, the median price for a home was $257,400, a record. The Fed was raising i...
Dow Plunges Almost 800 Points After Retail Sales Post Biggest Drop In Nearly A Year
Topline The stock market fell for a second straight session on Thursday after data showed retail sales are deteriorating more quickly than experts projected—fueling concerns the nation could be headed...
Novavax Tumbles on Cut to UK Covid Vaccine-Supply Deal, Capital Raising
(Bloomberg) — Novavax Inc. shares fell the most in almost four years on Thursday after the company announced it had cut its vaccine supply to the UK and was seeking additional equity and debt. M...
Binance vs. Coinbase: Which Is Truly Better?
Binance tops Forbes Best Crypto Exchanges of January 2022 Survey toppling close rival Coinbase by 4 solid star points. Kraken came in second place with 4.8 points. Others will have Coinbase on top, an...
Dallas Mavericks Forward Maxi Kleber Suffers Hamstring Tear, Out Indefinitely
MILWAUKEE, WISCONSIN – NOVEMBER 27: Maxi Kleber #42 of the Dallas Mavericks looks on during the … [+] second half of the game against the Milwaukee Bucks at Fiserv Forum on November 27, 20...
Use It Or Lose It
It’s getting too easy to cut taxes on your investments. Politicians who like to “close loopholes” are going to notice. Senator Ron Wyden, tax reformer. (Photo by Mandel Ngan-Pool) Getty Images There’s...
Ren DAO to vote on plan to mint new funding tokens after Alameda collapse
The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project w...
How the nation’s largest working generation stacks up against the rest
Two economic recessions, a pandemic, and a crippling student loan crisis can definitely put a wrench in your wealth-building journey. And for millennials, this is certainly the case. With the younger ...
Cardano price analysis: ADA returns to $0.300 after rejection at $0.3150
TL;DR Breakdown Cardano price analysis suggests sideways movement above $0.3000 The closest support level lies at $0.300 ADA faces resistance at the $0.3073 mark The Cardano price analysis shows that ...
Nikola And Plug Power Form Green Hydrogen, Fuel Cell Truck Supply Partnership
Plug Power will buy Nikola’s fuel cell trucks to haul its hydrogen and supply the truckmaker with the green fuel and equipment to liquefy hydrogen gas. Nikola Corp. Electric truckmaker Nikola an...
China And The US At Odds As Globalisation Falters And Strategic Autonomy Rises
388291 02: The Air Force’s Global Hawk Unmanned Aerial Vehicle Makes Aerospace History As The First … [+] Uav To Fly Unrefueled 7,500 Miles Across The Pacific Ocean From Edwards Air Force ...