LOS ANGELES, CA – SEPTEMBER 17: Quarterback Caleb Williams #13 of the USC Trojans throws a pass in … [+] the game against the Fresno State Bulldogs at United Airlines Field at the Los Ange...
Category: Finance
Live Finance News Updates.
Flush With Cash, Photronics (PLAB) Continues To Invest For Future Growth
Photronics provides cautious Q2 outlook, but long-term secular tailwinds remain. getty PhotronicsPLAB reported a solid start to fiscal 2023. Indeed, despite macroeconomic challenges and uncertain indu...
On Air Fest Continues To Push Audio Boundaries This Week
On Air Fest Brooklyn 2023 On Air Fest 2023 On Air Fest is a yearly multi-day event celebrating the world of audio creation that takes place in the Wythe Hotel in Brooklyn (and also sometimes in L.A.)....
Bankrupt Sorrento Therapeutics Secures Court Approval for $75M Financing
Sorrento Therapeutics Inc (NASDAQ: SRNE) announced that the U.S. Bankruptcy Court for the Southern District of Texas granted interim approval of Sorrento’s $75 million debtor-in-possession finan...
NVDA stock prepares Q4 Earnings, Short term correction possible?
Nvidia stock price rallied 33% on the previous month after the craze of ChatGPT hit the market Open AI ChatGPT used 10,000 Nvidia GPUs to train the model NASDAQ: NVDA Q4 earning estimates stood at $0....
Nikki Haley Angers, Distances Voters With Ageist And Ableist Remark
While older voters may be accepting of Nikki Haley’s call for a new generation of leaders, they are … [+] less supportive of her call for mandatory competency tests for politicians age 75 ...
Blur’s Pacman doxxes himself and outlines plan to become the Binance of NFTs
Pacman, the formerly pseudonymous CEO of the fast-growing NFT marketplace Blur, beat the engagement farmers to it. “Web2 me vs. web3 me,” he posted on Twitter late last night, revealing his pr...
Bill Gates Buys Stake in Heineken for $902 Million
(Bloomberg) — Bill Gates has acquired a minority stake in Heineken Holding NV, the controlling shareholder of the world’s second-largest brewer, for about $902 million. Most Read from Bloomberg ...
PGA Tour, LPGA Announce First Mixed-Team Professional Event Since 1999
Rickie Fowler (left) and Jessica Korda (right) chat on the practice ground during the final round of … [+] the 2014 U.S. Open in Pinehurst, North Carolina. Almost a decade later, Fowler and Kord...
Billionaire David Einhorn Loads Up on These 2 Stocks — Here’s Why They Could Bounce
Only a relatively small number of investors enjoyed 2022’s treacherous bear conditions, and one of those was David Einhorn. In contrast to the S&P 500’s 19% loss, Einhorn’s hedge fund Greenlight C...
The Cryptocurrency Firm Fireblocks Reduced its Workforce by 5%
To maintain economic stability, the tech giants are reducing their existing workforce. The first month of 2023 started with huge layoffs of nearly 3000 workers from different sectors. For the first ti...
‘Cryptoqueen’ Wanted for $4,000,000,000 Scheme Murdered on Yacht in 2018 by Bulgarian Mafia: Report
A new report claims that the ‘cryptoqueen’ wanted for her alleged role in the $4,000,000,000 OneCoin scam may have been murdered aboard a yacht in 2018. According to the Bureau for Investigative Repor...
Advance Auto Parts Advances Into IndyCar With Sponsorship Deal
Advance Auto Parts – flag Chris Owens – IndyCar Photo Advance Auto Parts is one of the leading automotive aftermarket parts companies in the nation. The company is advancing its message fu...
How To Avoid The Worst Sector ETFs 1Q23
ETF exchange traded fund investment concept. Piggy bank and growth of amount of coins and ETF text. … [+] 3d illustration getty Question: Why are there so many ETFs? Answer: ETF issuance is prof...
Luxor buys OrdinalHub as it looks for ‘new monetization strategies’
Bitcoin mining firm Luxor acquired OrdinalHub, a platform for trading the Bitcoin-based NFTs that have recently surged in popularity. The company said it is looking to be a “central player...
HIVE Earnings Report is out: Quarterly Revenue is $14.3 Million
The publicly traded crypto miner Hive Blockchain (HIVE) announced its quarterly revenue earnings was $14.3 million on Tuesday. According to the report, due to the loss of Ethereum earnings from the Me...
Terran Orbital wins $2.4 billion Rivada satellite contract
The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Terran Orbital shares surged on Wednesday after the company announced a $2.4 billion contract to build co...
Minutes show Fed members resolved to keep fighting inflation
Federal Reserve officials at their most recent meeting indicated that there are signs inflation is coming down, but not enough to counter the need for more interest rate increases, meeting minutes rel...
1,000+ Flights Canceled As Winter Storm Olive Pummels U.S.
Topline More than 1,000 flights scheduled to leave or arrive in the U.S. have been canceled Wednesday, according to FlightAware, as a massive storm stretching from coast to coast continues to bring he...
Asiff Hirji steps in as MoonPay president and COO amid top-level reshuffle
Asiff Hirji, the former president and COO of crypto exchange Coinbase, is joining the ranks of top execs at MoonPay as its president and COO, a spokesperson told The Block. Hirji left Coinbase i...
Dow Jones Reverses Ahead Of Fed Minutes; Baidu Surges On Earnings; Nvidia Earnings Next
The Dow Jones Industrial Average reversed lower Wednesday morning with minutes from the Federal Reserve’s latest policy meeting due later in the day. Chinese internet giant Baidu (BIDU) briefly ...
Nikola EV trucks’ driver-assist system coming next year
Nikola Motor Company Two truck Source: Nikola Motor Company Nikola will begin offering an advanced driver-assist system on its electric heavy trucks starting late next year, the company said Wednesday...
Investment Firm Manager Vivek Ramaswamy Announces Run For President
Topline Vivek Ramaswamy, a 37-year-old former biotech executive and founder of the Ohio-based Strive Asset Management firm, announced his run for the 2024 GOP nomination for president on Tuesday, maki...
BCB Group targets valuation of $200 million in new fundraising effort
BCB Group, a crypto financial services company based in London, is raising funds via convertible notes. The notes will convert to BCB Group’s future Series B equity round with a pre-money ...
Intel Slashes Dividend 66% to Lowest Payout in 16 Years
(Bloomberg) — Intel Corp., the biggest maker of computer processors, slashed its dividend payment to the lowest level in 16 years in an effort to preserve cash and focus on a turnaround plan. Mo...
Rust prosecutor said gun enhancement wrong
An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust”, is displayed at a vigil in her honour in Albuquerque, New Mexico, Oct...
The Inflation Reduction Act Will Bring Some Manufacturing Back To The U.S.
A battery is installed in an electric Hummer at the General Motors Factory ZERO electric vehicle … [+] assembly plant in Detroit, Michigan. (Photo by MANDEL NGAN/AFP via Getty Images) AFP via Ge...
Stellantis Stock Rises After Earnings Top GM, Ford, and Even Tesla
Stellantis finished up 2022 stronger than expected. By some measures, the company had a better year than even Tesla Stellantis stock climbed in early Wednesday trading. Stellantis (ticker: STLA) repor...
GMT Price Analysis: GMT regarding a change in its course?
GMT price looking to break out of the current trend and might make a comeback from the bear trend Technical indicators of GMT will favour a consolidated trend in price. It has seen a drop of 2% ...
Intel’s dividend cut shows the need for quality. Here are 20 dividend stocks screened by UBS.
Stocks that pay high dividends can provide comfort during times of market turmoil. It is much easier to be patient if money is rolling in, and a strategy of reinvesting dividends may outperform when t...