Hermes store Hong Kong. (Photo by: Andrew Woodley/Universal Images Group via Getty Images) Education Images/Universal Images Group via Getty Images Just 50 days into 2023 and the year has already prov...
Category: Finance
Live Finance News Updates.
Amazon Completes $3.9bn One Medical Acquisition After FTC’s Antitrust Challenge Times Out
Amazon campus in Palo Alto, California. Getty Key Takeaways Amazon’s acquisition of One Medical has completed after the FTC’s objection to the merger timed out The FTC is still continuing its investig...
OP token pops 7% following Coinbase Layer 2 announcement
Markets • February 23, 2023, 10:03AM EST Optimism’s token price soared following Coinbase’s announcement that it would build its Layer 2 network on the OP Stack and become a core developer...
Real estate slump hits home as Wells Fargo axes hundreds of mortgage bankers days after taking some to a California resort
Picture a conference in Palm Desert, Calif., where the weather is warm and the activities are as much recreational as educational. Wells Fargo bankers were recently treated to such a company-sponsored...
Luminar price surged 28% after expansion of Mercedes Benz deal
Luminar Technologies (NASDAQ: LAZR) Lidar unit will be a part of upgraded hands free driving system that Mercedes Benz plans to roll out soon LAZR stock price shot up 28% and witness huge spike in buy...
Lordstown halts production of EV Endurance trucks to fix issues
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors sa...
Alibaba Beats! (Along With NetEase & Vipshop)
China Last Night KraneShares Alibaba Q4 Earnings Overview Alibaba beat analyst expectations in its financial results, reported this morning, despite challenges from reopening and resulting infections ...
Sam Bankman-Fried faces new criminal charges including conspiracy to commit bank fraud
Legal • February 23, 2023, 9:55AM EST FTX founder Sam Bankman-Fried is facing new criminal charges after a judge unsealed a new 12-count indictment against him on Thursday, months after the former cry...
Rolls-Royce stock jumped 25% on Thursday: here’s the catalyst
Rolls-Royce Holdings PLC (LON: RR), on Thursday, reported a 57% annualised growth in its full-year underlying profit. Shares are up nearly 25% today. What drove strength for Rolls-Royce in 2022? The B...
The bond market’s worst-case scenario isn’t a Fed rate of 6%. It’s this.
A doomsday scenario for bonds in 2023 wouldn’t be the fed-funds rate reaching 6% by July. A bigger worry would be if U.S. inflation that’s been slow to retreat starts heading higher annually, said Jas...
Domino’s Pizza (DPZ) and Papa John’s (PZZA) report earnings
Medianews Group/reading Eagle Via Getty Images | Medianews Group | Getty Images Domino’s Pizza and Papa John’s both fell in pre-market trading after reporting mixed earnings on Thursday mo...
Better Sleep Could Improve Health And Add Years To Your Life, Study Suggests
Topline Having better sleep habits—like sleeping for seven to eight hours each night—could improve overall health and decrease the likelihood of an early death, according to data released Thursday, as...
One Of The Most Useful Tools For Cannabis Investors And Entrepreneurs Goes Online After 8 Years Of Exclusive Email Access
Viridian Deal Tracker Javier Hasse As the cannabis industry continues to expand, businesses need to keep a close eye on new product types and trends, form factors and pricing to stay competitive. Sale...
Machine learning algorithm sets Cardano price for March 1, 2023
Cardano’s (ADA) value has recently experienced sideways trading, with the asset failing to hold above the $0.40 resistance level. Despite depending on the general market movement, ADA is banking on in...
Google wants returning staff to share desks with a ‘partner’ to maximize office space—but they’ve got to agree on ‘tidiness expectations’
Googlers are being asked to share their desks with a “partner” in a bid to maximize space efficiency at some of the tech giant’s largest offices. While other Big Tech firms are battl...
Invest Cuffs 2023 – one of the largest investment congresses in Europe!
The next edition of the Invest Cuffs Conference and Trade Fair will take place on March 24-25, 2023. This will be the ninth edition of the event, which annually attracts several thousand participants ...
Nikola (NKLA) Q4 2022 results
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it produced 133 battery-electric trucks in the fourth quarter, but delivered just 20 to dealers, gener...
Watch These 8 Movies Before They Leave Netflix In February
Air Force One is leaving Netflix soon. Credit: Columbia Pictures The month of February is almost over, which means we’re getting a whole bunch of new content in March. Sadly, it also means we’re losin...
Rolls-Royce shares soar after annual results crush expectations
Rolls Royce Trent XWB engines, designed specifically for the Airbus A350 family of aircraft, are seen on the assembly line at the Rolls Royce factory in Derby, November 30, 2016. Paul Ellis | Reuters ...
Is It True That Generative AI ChatGPT Will Flood The Internet With Infinite Content, Asks AI Ethics And AI Law
Will we use generative AI such as ChatGPT to flood the Internet with error-prone falsehoods? getty Do you perchance know the inspirational children’s book A Fish Out of Water? The enchanting book was ...
Bankman-Fried Hit With Four New Criminal Charges Alleging Illegal Political Donations And Bank Fraud
Topline Former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, has been charged with four new criminal counts including allegations of illegal political donations and bank ...
Web3 game Worldwide Webb raises $10 million from Pantera Capital
Crypto investment firm Pantera Capital invested $10 million in Worldwide Webb, a web3 massively multiplayer online role-playing game (MMORPG), for its Series A round. Previously bootstrapped, t...
SIMBA Chain and Alitheon Partner to Deliver End-to-End Authentication & Verification
South Bend, Indiana, 23rd February, 2023, Chainwire SIMBA Chain, the builder of Blocks, an enterprise-grade platform that abstracts the complexities of blockchain development to make the innovative te...
Should you buy an annuity for your retirement?
Annuities are a popular retirement income vehicle with many insurance agents, registered representatives and financial advisers. They probably have as many supporters as detractors. Here are some of t...
Shiba Inu Price Prediction: SHIB To Rally From Here – Analysts!
Shiba Inu price prediction showcases the upside trend of SHIB cryptocurrency over the daily time frame chart. SHIB crypto needs to attract more buyers to remain above the positive sloping line which i...
Lucid (LCID) earnings Q4 2022
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid on Wednesday...
Scope 3 Carbon Victory Needs Sector-Level Collaboration
Science Based Targets Initiative (SBTi) is a widely accepted credentialing body comprising respected and long-established NGOs including the CDP, the United Nations Global Compact, World Resources Ins...
BlockFi embroiled in bankruptcy drama over customer wallets
While its customers have been locked out of their accounts since November, failed crypto lender BlockFi is locked in a bankruptcy court battle. The war of words is playing out on a court docket ...
Cathie Wood’s Ark Invest makes another huge Coinbase shares purchase
Cathie Wood’s Ark Invest on Wednesday added another 213,519 Coinbase shares (NASDAQ: COIN) across two funds. The new purchase amounted to about $13 million. The new COIN shares acquisition brings the ...