Wind turbines in the Netherlands. A report from the International Energy Agency “expects renewables to become the primary energy source for electricity generation globally in the next three year...
Category: Finance
Live Finance News Updates.
From ‘Stranger Things’ To ‘Wednesday’ To ‘Dahmer,’ Netflix Is Having A Monster 2022
Wednesday Netflix While I know it’s pretty common these days to critique the streaming space and the cutbacks and revenue shortfalls its produced across much of the industry, and to point fingers espe...
Investors Need To Take Vulnerable Infrastructure Seriously
CARTHAGE, USA – DECEMBER 05: A view of the substation while work is in progress as tens of thousands … [+] are without power on Moore County after an attack at two substations by Duke Elec...
Judge signs off on subpoenas to 3AC’s Su Zhu and Kyle Davies
A federal bankruptcy judge approved subpoenas for the founders of Three Arrows Capital, a Singapore-based crypto hedge fund that went belly up earlier this year. The subpoenas call on the 3AC f...
S&P 500 will keep within this range in 2023: David Kostin
So far, the S&P 500 index has failed to kick off a new bull market on fears of a looming recession. Still, David Kostin – the Chief U.S. Equity Strategist at Goldman Sachs continues to believe in ...
Gossamer Bio’s stock falls 64% on findings for Phase 2 study for hypertension drug
Shares of Gossamer Bio Inc. GOSS, -75.40% plunged 64.5% in premarket trading on Tuesday after Wall Street analysts questioned the performance of the company’s experimental hypertension drug in a...
Ripple (XRP) and Elrond (EGLD) outperformed as Orbeon Protocol (ORBN) prices up 260% in presale
The crypto market is a rapidly-growing and volatile industry, with new tokens being launched every day. It can be difficult to know which tokens are worth investing in or which ones will outperform th...
What to watch for as J&J gets ready to spin off its consumer unit
Johnson & Johnson (JNJ) is preparing next year to spin off its consumer health unit into a publicly traded company separate from its pharmaceutical and medical technology operations. Ahead of the ...
Inflation Fears Did Not Increase In November—First Time In More Than A Year
Topline For the first time in more than a year, Americans’ inflation fears have not increased, according to a new Gallup poll, as high prices, led by the cost of gas, continue to fall heading into the...
This Stock Has A 6.78% Yield And Sells For Less Than Book
Kohl’s has been named as a Top 25 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe, KSS shares disp...
Amazon Alexa Layoffs, Jeff Bezos Updates
| AFP via Getty Images Key Takeaways Amazon laid off 10,000 workers, primarily in its Alexa division, as it underperforms expectations. The company continues to deal with warehouse workers attempting ...
Jim Cramer disagrees with Jamie Dimon on recession
U.S. consumer is still spending about 10% more versus a year ago on the back of $1.50 trillion in excess savings from the pandemic-related relief packages. But there’s always a possibility that all of...
TuSimple And Navistar End Self-Driving Truck Development Deal
TuSimple Holdings Inc (NASDAQ: TSP) and Navistar agreed to terminate their co-development under the 2020 Joint Development Agreement. “I decided to return as TuSimple’s CEO to address the ...
I can’t recommend Penn Entertainment
Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They̵...
Morgan Stanley cut about 2% of staff Tuesday, sources say
James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019...
Phillies Use Bryce Harper Model To Sign Trea Turner For Next Decade-Plus
FILE – Los Angeles Dodgers’ Trea Turner celebrates as he runs the bases on a solo home run against … [+] the San Diego Padres during the third inning in Game 2 of a baseball NL Divis...
Black Friday Sales And Holiday Outlook
| AFP via Getty Images Key Takeaways Best Buy was able to beat analyst predictions for profit and revenue in a surprising earnings report for the third quarter. Despite fears of a looming recession in...
How Costco keeps the peace with its employees
Steady membership fees and cost savings helped fuel Costco (COST) to record membership renewal rates this year, driven in part by concerns about inflation. But the Issaquah, Washington–based company h...
Fed can’t stop raising interest rates due to these 4 factors
CNBC’s Jim Cramer on Monday listed four reasons why the Federal Reserve can’t stop tightening the economy just yet. Not enough people are reentering the workforce. That makes it more diffi...
More Housing, Not Outrage, Is The Answer To Higher Rents
Housing problems are worth getting angry about, but more housing, not more outrage, is what will … [+] stabilize housing prices. getty An article in the New York TimesNYT , “The Rent Revolution ...
Mainland Investors Buy The Dip As COVID Rollback Rolls On
China Last Night KraneShares Key News Asian equities were largely lower, as the Philippines had a great day and China posted a small gain. Hong Kong was off overnight though not nearly as much as US l...
Is Nexo safe? Lender withdraws from US market
Nexo, the crypto lending platform, announced Monday that it is pulling out of the US market. It blamed the hostile US regulatory environment for the move, following a collapse in longtime talks with l...
Top Democrat Faces Backlash over Tweet to SBF
CoinMarketCap News, Dec. 5: Top Democrat Faces Backlash over Tweet to SBF But first — subscribe to our newsletter. Listen to the CoinMarketRecap podcast on Apple Podcasts, Spotify and Google Podcasts ...
Oryen Network, Tron, And FTM Will Be Next Bull Market Gems
You could be asking which tokens provide the greatest chance to achieve highest returns if you look back on cryptocurrencies like BTC, ETH, DOGE, and regret not investing in them before they saw signi...
Ford CEO says 65% of U.S. dealers agree to sell EVs
Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – About 65% of Ford Motor’s dealers have agreed to sell elect...
Jim Cramer’s Investing Club meeting Tuesday: Bank pick, layoffs play
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. WFC is a buy Still like PG...
Capitol Police Chief Says Failures That Led To Jan. 6 Have Been ‘Fixed’—But Concerns Remain Over Extremist Groups
Topline U.S. Capitol Police Chief Tom Manger said Monday failures that led to the January 6 riots have “largely been fixed” but warned that extremist groups involved in the attack remain a threat, in ...