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...
Category: Finance
Live Finance News Updates.
‘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 ...
Netflix ad-supported tier is not off to a great start: report
Netflix Inc (NASDAQ: NFLX) is trading down significantly on Thursday after a report said it’s recently launched ad-supported tier wasn’t off to a great start. Netflix is returning money to advertisers...
Netflix stock sinks after reported ad target miss as analysts warn of ‘competitive disadvantage’
Netflix (NFLX) stock sank 7% in early trading on Thursday after a new report from Digiday said the streaming giant is falling short on viewership guarantees it made to advertisers for its new ad-suppo...
Dogecoin price analysis: DOGE corrects as bears reject further upside above $0.08727
Dogecoin price analysis is bearish today as bullish momentum deflated at $0.08727 after continuing for three days. The DOGE/USD started to correct as selling pressure appeared, and as a result, the pr...
How Ear Piercing And Earrings Brand Studs Found Success With Experiential Retail
Catering to shoppers craving experiential retail, Studs finds success both in-store and on the road. STUDS Brick-and-mortar retail is back on the rise. Store openings now exceed store closures as cons...
Breaking Down Revenue And Profit Trends For D2C Leader In Pet Supply
| Getty Images Key Takeaways Chewy turned a profit for the first time in the third quarter of 2022. Net sales increased 14.5% year-over-year to $2.53 billion. It plans to roll out a pet insurance opti...