FTX US’s insurance company Relm is “well-capitalized to serve the needs of the industry” following the implosion of FTX Trading, CEO Joseph Ziolkowski said. “On the asset...
Category: Finance
Live Finance News Updates.
This long-time bear warns of a ‘trapdoor’ situation looming for the stock market.
Uncertainty is lingering for investors following a recent mixed batch of data — softer-than-expected inflation, stronger-than-anticipated jobs and wages — as we kick off the third week before Christma...
Nike parts ways with NBA star Kyrie Irving after antisemitism flap
BROOKLYN, NY – DECEMBER 2: Kyrie Irving #11 of the Brooklyn Nets prepares to shoot a free throw during the game against the Toronto Raptors on December 2, 2022 at Barclays Center in Brooklyn, Ne...
Tesla, VF Corp, Marriott, MGM and more
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines in midday trading. Tesla –...
European Leaders Are Right To Worry About America Sucking Up The World’s Clean-Energy Capital Investment
WASHINGTON, DC – AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with … [+] (L-R) Sen. Joe Manchin (D-WV), Senate Majority Leader Charles Schumer (D-NY), House Ma...
Insiders Buy At Align Technology And Black Stone Minerals. Here’s Why Investors Should, Too.
Traders at the New York Stock Exchange. Photo by Bryan R. Smith / AFP), via via Getty Images) AFP via Getty Images Company executives usually talk an optimistic game. When they put their money where t...
A Changing World Debuts at TechEx – Trustnodes
A tech industrial revolution is currently on-going without much fanfare or even notice as a number of technologies developed during the past two decades have now reached the stage of being good enough...
OPEC+ agrees against cutting oil production further: sell oil stocks?
“XLE” – the Energy Select Sector SPDR Fund is in the red on Monday after OPEC+ agreed against cutting oil production further that sent oil prices back under $80 a barrel. What to expect from energy st...
Top China Stocks To Buy And Watch Now: 5 Stocks For November
China is the world’s No. 2 economy and home to dozens of companies that trade in the U.S. Right now, JD.com (JD), Pinduoduo (PDD), Canadian Solar (CSIQ), Daqo New Energy (DQ) and Trip.com (TCOM)...
Why Are The Investors Remaining Aloof on GME Stock?
GameStop Corporation is estimating a reduced loss in EPS in the upcoming earnings report. Investors have lost interest due to disappointing quarterly earnings previously. GME stock was trading at the ...
Jim Cramer’s Investing Club meeting Monday: Oil sale, Starbucks
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 Monday’s key moments. Trimming HAL SBUX downgrade...
Chinese Stocks Rally As Beijing Signals Reopening—But Economists Divided Over Covid Rebound
Topline Chinese and Hong Kong stocks rallied on Monday and the renminbi jumped against the dollar, a positive sign of returning investor confidence amid rising public discontent and ongoing economic t...
Internet & Reopening Plays Roll On
China Last Night KraneShares Key News Asian equities were mostly higher as Hong Kong and Mainland China outperformed while Thailand was on holiday for the late King Bhumibol Adulyadej’s Birthday. The ...
Cryptocurrencies rise as shares of Block and Silvergate decline with traditional markets
Crypto prices were in the green on Monday while stocks declined across the board. Grayscale’s ether trust hit a new low. Bitcoin has been trading above $17,000 since about noon EST on Sun...
Tesla, Chinese Rivals NIO, XPeng and Li Auto Dealt a Major Blow
Tesla dominates the electric vehicle market. Although the market share of Elon Musk’s group has declined in recent years as most legacy carmakers now offer electric models, the manufacturer of ...
SpaceX unveils Starshield, a military variation of Starlink satellites
An uncaptioned image posted on the company’s website appears to show Starshield technology in orbit. SpaceX Elon Musk’s SpaceX is expanding its Starlink satellite technology into military ...
Here Are Some Other Air Defenses Ukraine Would Like From The Middle East
The United States is reportedly working with Middle East allies to supply National Advanced Surface-to-Air Missile Systems (NASAMS) to Ukraine. The NASAMS, however, are not the only air defense system...
Reminder – Halliburton Goes Ex-Dividend Soon
On 12/7/22, Halliburton will trade ex-dividend, for its quarterly dividend of $0.12, payable on 12/21/22. As a percentage of HAL’s recent stock price of $39.65, this dividend works out to approx...
Terra Classic (LUNC) price prediction for Christmas Day 2022
As we head into the festive period, the cryptocurrency market is showing signs of recovery following the collapse of FTX and the bearish sentiment surrounding the space. In particular, one token that ...
Key Apple supplier reports a big hit to revenue in November
Apple Inc (NASDAQ: AAPL) is in focus this morning after its biggest iPhone supplier reported a big hit to revenue in November. Foxconn revenue tanks 29% in November Foxconn Technology Co Ltd (TPE: 235...
Psst: You can earn 5% on your checking or savings account right now — and multiple banks are offering it
As competition escalates for new savings customers, many financial institutions are promising high yields simply for becoming a customer and following various transaction requirements. And if done cor...
Coinbase CEO Questions Former FTX CEO’s Claim of Losing $8 Billion In Accounting Error
The former FTX CEO transferred some of the customer funds to Alameda Research. Coinbase’s stock has been trading at $369 (USD) for the past few weeks. Coinbase Wallet partnered with Transak to keep cr...
Warner Bros Discovery close to picking Max for name of HBO Max replacement
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen and in the background, the HBO Max and Discovery Plus logos. Rafael Henrique | Lightrocket | Getty Image...
The Phenomenon Of MrBeast Burgers At American Dream
EAST RUTHERFORD, NEW JERSEY – SEPTEMBER 04: (L-R) Nolan Hansen, Sapnap, MrBeast, Karl Jacobs and … [+] Punz attend as Global YouTube star MrBeast launches the first physical MrBeast Burger...
Average U.S. House Price Falls And Labor Market Shows Strength Despite Recession Speculation
Getty Images TL;DR Non-farm payroll numbers increased by 263,000 jobs in November, well above the estimate of 200,000 The average hourly wage went up as well, with the 0.6% gain double what had been e...
1inch tokens worth over $100 million set to be unlocked by Dec. 30
1inch, a decentralized exchange aggregator, is about to experience a massive unlock that will see tokens currently worth $111 million released from their vesting schedule, according to data from Token...
Machine learning algorithm sets XRP price of December 31, 2022
As the final month of 2022 gets underway, XRP is still among the top ten largest digital assets in the crypto industry by market capitalisation, despite the aftershocks caused by the collapse of what ...
Circle cancels plans to go public amid return to profitability
Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin is...
Meet Yahoo Finance’s 2022 Company of the Year: Costco
In a year of rampant inflation—not seen since the early 1980s—Costco (COST) was a warm hug to millions of loyal members by keeping prices for everything from food to gasoline as low as possible, just ...
Bored Ape Collection Enters The Partnership With Timex
BAYC collection has partnered with Timex. The NFT collectible had an association with popular names in the industry. American presidents Bill Clinton and Goerge Bush have worn Timex watches in the pas...