The financial services provider, IG Group Holdings published its financial results for the six months ended 30 November 2021 (H1 of FY22), today. The Group reported strong performance across key metri...
Category: Finance
Live Finance News Updates.
Robinhood reports earnings today — here’s what to expect
Robinhood Markets (HOOD) is scheduled to report its fourth-quarter earnings on Thursday after the closing bell, as shares of the commission-fee trading platform have been trading at all-time lows. Her...
Beer giant Anheuser-Busch launches NFT project for Bud Light
Bud Light maker Anheuser-Busch is launching an NFT project which will feature 12,722 unique tokens. The project, called “Bud Light N3XT Collection” will be available to consumers 21 and over. The NFTs...
Is It A New Journey for Shiba Inu?
The concept of the metaverse is popular nowadays, and many brands and companies are announcing their metaverse projects. Now the developers of Shiba Inu have taken the initial step to create their met...
Italian space company D-Orbit going public via Nasdaq SPAC
An artist’s rendition of an ION spacecraft deploying satellites in orbit. D-Orbit Italian space transportation and services company D-Orbit announced Thursday plans to go public via a SPAC, in a...
Powell’s Pessimistic Press Conference Panics Vacation Packing Investors
China Last Night KraneShares Key News The timing of Powell’s hawkish press conference couldn’t be worse for Asian markets as many investors have exited for vacation or are packing their bags for Chine...
Seagate shares are up 20% on Thursday: explore why
Shares of Seagate Technology Holdings plc (NASDAQ: STX) are up 20% on Thursday after the global data storage company reported market-beating results for its fiscal second-quarter late last night. Impo...
Cash Pours Into Anti-ARK ETF as Cathie Wood Struggles
Text size Catherine Wood’s innovation-focused ETFs have been falling. PATRICK T. FALLON/ AFP / Getty Images As Cathie Wood’s innovation-focused exchange-traded funds have tumbled amid the latest...
CMC Markets Witness Almost Record-Breaking Revenue in Q3
CMC Markets recently released its data for the third quarter, noting almost record-breaking client money. The report accounted for the venture’s trading performance between October and December 2021. ...
Populist nations fared much worse during Covid outbreak, research says
Viktor Orban, Hungary’s prime minister, delivers a speech at the Fidesz party headquarters in Budapest, Hungary, on April 8, 2018. Akos Stiller | Bloomberg via Getty Images Risk of death from Co...
Did The ‘Vegan Mafia’ Overhype Beyond Meat Stock?
Beyond Meat hamburger is seen in a pub in Milan, Italy, on January 04 2020. (Photo by Mairo … [+] Cinquetti/NurPhoto via Getty Images) NurPhoto via Getty Images This week, Unovis Asset Managemen...
Diageo CEO: ‘we feel good about navigating inflationary environment’
Shares of Diageo plc (LON: DGE) are up 2.0% on Thursday after the British multinational reported solid profit for the first six months of fiscal 2022 on robust growth in higher-end brands. Highlights ...
Alexander Geralis Leaves Spotware, Launches FX Brokerage Advisory Firm
Alexander Geralis has left his position at Spotware Systems to launch Finthentic, a forex and contracts for difference (CFDs) fintech providing brokerage advisory service to companies. “Finthent...
Blackstone Profits Nearly Double as Total Assets Set Quarterly Record
Text size Signage outside the Blackstone headquarters in New York. Angus Mordant/Bloomberg Shares of Blackstone rose Thursday after total assets at the world’s biggest alternative asset manager rose t...
Poolz Obtains $1M Grant from Harmony to Boost Growth of Emerging DeFi Startups
Saint Vincent, Grenadines, 27th January, 2022, — Poolz Finance, a leading DeFi launchpad, has received a $1 million grant from Harmony Network to help incubated startups integrate Harmony in their pro...
Duet Protocol and iZumi Finance Partner for Improved DeFi Experience
In what could be termed as an important development for decentralized finance (DeFi), a partnership has been struck between Duet Protocol and iZumi finance. Both of these projects have been conceptual...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
Will Packers Quarterback Aaron Rodgers Follow Nathaniel Hackett To The Denver Broncos?
Nathaniel Hackett and Aaron Rodgers became extremely close over the last three seasons. ASSOCIATED PRESS Nathaniel Hackett is headed to the Denver Broncos. Is Aaron Rodgers next? Hackett, the Green Ba...
U.S. Economy Grew At The Fastest Rate Since 1984 Last Year
Topline Despite lingering Covid disruptions, the economy grew a better-than-expected 6.9% in the fourth quarter thanks to increases in consumer spending, exports and private investments—notching the f...
SoftBank’s stock rises, bouncing back from a 52-week low
SoftBank Group Corp. (JPTSE:9984) shares gained on Wednesday, rebounding back from a 52-week low on Tuesday. This happened as Nvidia Corp. considered pulling out of its deal to buy Arm Ltd. from the J...
Nucor stock rallies as profit soars and tops expectations, as steel prices per ton nearly doubles
Shares of Nucor Corp. NUE, -1.22% rallied 2.1% in premarket trading Thursday, to bounce off a six-month closing low in the previous session, after the steel maker fourth-quarter profit that rose above...
RALLY Receives Grant From Algorand Foundation
The latest recipient of the grants offered by the Algorand Foundation is the RALLY which has got the financial support from the foundation in order to develop the NFT marketplace for endurance athlete...
MLB lockout talks progress, but clock ticks as spring training nears
Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021 National League Wild...
GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread
The U.S. economy grew at a much better than expected pace to end 2021 though the acceleration likely tailed off as the omicron spread put a damper on hiring and further hindered the global supply chai...
Celo launches stablecoin pegged to Brazilian real
Celo (CELO/USD), a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users, has launched cREAL, a stablecoin pegged to the Brazilian real, CoinDesk reported. This is ...
Vanuatu Wants Its Financial Dealers to Move Onshore
The days when offshore companies could operate remotely under Vanuatu’s Financial Dealer License (FDL) will soon be history. By the end of 2022, all securities brokers will have to move onshore and ma...
Tesla Earnings ‘Disappointed.’ Why Analysts Are Raising Their Price Targets.
Text size The inside of a Tesla car Model 3 is seen at a Tesla shop inside of a shopping Mall in Beijing on May 26, 2021. Nicolas Asfouri/AFP via Getty Images Tesla stock was falling Thursday after re...
Avalanche, Cosmos, Osmosis, Terra, Polkadot
January 27, 2022, 8:22AM EST • 18 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and brid...
Southwest Airlines says omicron will drive a loss in the first quarter, but expects 2022 profit
OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines expects to lose money in the first quarter after the omicron variant of Covid-19 hurt staffing and bookings, but it said profits are ...
Texas Electric Grid Survives Recent Cold Snap
AUSTIN, TX – JUNE 08: (L-R) State Rep. Chris Paddie, Texas Governor Greg Abbott and State Senator … [+] Kelly Hancock attend a press conference where Abbott signed Senate Bills 2 and 3 at ...