A postal worker loads a delivery truck on October 01, 2021 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration on Wednesday attempted to halt the U.S. Postal Service’s plan...
Category: Finance
Live Finance News Updates.
Havana Syndrome May Be Caused By Directed Energy, Intelligence Panel Finds
Topline Some of the mysterious set of symptoms known as “Havana syndrome” that has plagued hundreds of American diplomats stationed overseas may be caused by directed energy, according to the findings...
‘not much to like here’
Meta Platforms Inc (NASDAQ: FB) reported lower-than-expected earnings for the fiscal fourth quarter on Wednesday. The stock crashed over 20% after-hours as future guidance disappointed shareholders as...
Cryptocurrencies: 5 top investing strategies
Are you at a loss for the “right” investing strategy for cryptocurrencies? The most popular way is to buy and hold long-term, which was how early Bitcoin adopters did. However, the landscape has chang...
Ferrari has a lot riding on its new SUV, the Purosangue
Ferrari logo Dean Mouhtaropoulos Ferrari has a lot riding on its much-anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. Ferrari CEO Benedetto Vigna, who has bee...
U.S. Olympic Flag Bearer Out With Covid-19 As Tests Shows Virus Spreading In Beijing’s Olympic Bubble
Topline Four-time Olympian bobsledder Elana Meyers Taylor is no longer able to lead the way for Team USA as a flag bearer at the opening ceremony for the Beijing Winter Olympics after testing positive...
PayPal Stock Crash Wipes Out Over $50 Billion In Market Value After Company Lowers Profit Outlook
Topline Shares of payments giant PayPal had their worst day on record—plunging roughly 25%—after the company issued disappointing revenue and profit forecasts for 2022, citing factors like higher infl...
Spotify plunges after Q4 earnings on weak guidance amid Rogan outcry
Editor’s Note: This post is breaking and will be updated Spotify (SPOT) reported fourth quarter financial results on Wednesday that beat Wall Street expectations — although the stock plunged aft...
OpenSea Again Faces ‘vampire attack’ By Singapore-Based NFT-Marketplace Mintable
The NFT marketplace is supported by Mark Cuban, who claimed the move as a “vampire attack” against the world’s leading NFT marketplace, OpenSea, by selling the popular collectibles at a loss. On Jan 2...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Capri Holdings, Boston Scientific, Brinker and others
Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter ...
NBCUniversal May Follow’s Sinclair’s Lead And Launch A DTC RSN Service
Photo by David McNew/Getty Images. Getty Images Taking the lead from Sinclair Broadcast Group’s subsidiary Diamond Sports Group, NBCUniversal appears to be preparing a direct-to-consumer (DTC) offerin...
TJX, Burlington, Ross Stores have ‘substantial’ upside this year
The off-price retailers are likely to expand market share in 2022, says BofA Securities’ Lorraine Hutchinson. Her top picks in this subsector are TJX Companies, Burlington, and Ross Stores. High...
What to Look For From AMZN
Key Takeaways Analysts estimate EPS of $3.78 vs. $14.09 in Q4 FY 2020. Amazon Web Services revenue is expected to rise YOY. Companywide revenue is expected to rise, but at its slowest pace in years. A...
House and Senate hearings on stablecoins will spotlight official behind Treasury report: sources
Hearings on stablecoins before both the House and Senate in the next two weeks are scheduled to feature just one witness: The Treasury official spearheading recent work on stablecoins, sources tell Th...
AVAX/USD pair set to spike further in the next 24 hours
TL;DR Breakdown Price levels have spiked to $72.10. Avalanche price analysis is bullish today. Support is quite strong at $67.86. AVAX/USD has been a solid move, and the breakout looks sustainable, bu...
Solana Prognosis Is Upbeat The Round of Fundraising for Phantom
SOL has increased by about 17% in the last 24 hours. SOL has been trading in a range of $84.43 and $102.27 for the last week. Solana also intends to grow through supporting Web3 off its blockchain and...
Truck Automation Players Take Las Vegas By Storm At Manifest 2022
Automated trucks from seven developers at Manifest 2022 Richard Bishop We are awash with a myriad of conferences and symposiums about automated driving. There’s a lot of good offerings out there, but ...
3 Stocks For Rising Rates, 628%+ Dividend Growth
Woman putting coin in the jar with plant. getty We’ve been saying the 2022 edition of the stock market will be a mess for a while now—and we were right. But there are still dividend-paying gems out th...
AbbVie tops fourth-quarter estimates by 3%
AbbVie (NYSE: ABBV) reports $3.31 EPS in the fourth quarter, which tops the $3.28 analyst estimate by $0.03. However, the company recorded $14.89 billion in revenue in the same quarter, a little less ...
CySEC Is Strengthening Regulatory Capability and Performance
On February 1, the Cyprus Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments....
CNN President Jeff Zucker Resigns, Citing Relationship With Colleague
CNN President Jeff Zucker has resigned from the cable news network, citing his failure to disclose a consensual relationship with a close colleague, according to an email he sent to staff on Wednesday...
VET/USD pair bullish for the next 24 hours
TL;DR Breakdown Vechain price analysis is bullish. Price has heightened up to $0.055. Support is stable at the $0.053 level. Vechain’s chart shows a sharp surge in their price, with over 25% increase ...
Litecoin (LTC) Announces Completion of Privacy Upgrade Following Years of Development
The developer of the Litecoin (LTC) cryptocurrency, Litecoin Foundation, is announcing a privacy and security-enhancing update. Litecoin Foundation says that the Mimblewimble Extension Block (MWEB) up...
Extreme heat driven by climate change is new normal for oceans
A diver checks the coral reefs of the Society Islands in French Polynesia. on May 9, 2019 in Moorea, French Polynesia. Alexis Rosenfeld | Getty Images More than half of the world’s ocean surface...
Alphabet’s Historic Stock Split Means More Investors Can Buy Shares—But Here’s What Analysts Say
Topline Wall Street experts are bullish about Google-parent Alphabet ahead of the company’s 20:1 stock split, arguing that the move will make shares more affordable to investors and presents a buying ...