Coca-Cola Co (NYSE: KO) reported market-beating results for its fiscal third quarter on Tuesday. Shares are up nearly 2.0% in response. Cramer reacts to the earnings report Cost of sales went up 14.8%...
Category: Finance
Live Finance News Updates.
Fed Is Losing Billions, Wiping Out Profits That Funded Spending
(Bloomberg) — Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an acc...
Aave price analysis: Bearish clouds fade as AAVE prices near $82.85
Aave prices are currently bearish as the market slides below $82.85. This comes after a period of consolidation around this price level. The bears now seem to be in control as they push AAVE/USD price...
UK’s Rishi Sunak inherits a country in crisis as he takes over as prime minister
Rishi Sunak has been named as the U.K.’s new prime minister and the country’s first leader of color. Jeff J Mitchell | Getty Images News | Getty Images LONDON — Britain’s new Prime M...
Adidas Stands To Lose $650 Million After Dropping Kanye’s Yeezy Line—‘Right Decision,’ Analyst Says
Topline Shares of German footwear and apparel giant Adidas slid Tuesday after it disclosed a nine-figure loss after breaking off its relationship with rapper Kanye West following his anti-Semitic tira...
Coca-Cola And General Motors Both Beat Estimates In Q3 Earnings Results
Coca-Cola beat Wall Street analysts Q3 estimates by 8.34%. (Photo by Justin Sullivan/Getty Images) Getty Images Key takeaways General Motors have had a big Q3, beating earnings per share estimates by ...
Adidas is a disaster right now, and it’s not just the Kanye West debacle
Adidas is a mess of a retail brand right now, and it’s not only because of ties to problematic musician-turned-designer Kanye West. On Tuesday, Adidas severed ties with West following a spate of...
Chainlink price analysis: LINK retests $6.82 support as bears extend downtrend
Chainlink price analysis shows that the bears are extending their control over the market as LINK retests $6.82 support. The price has dropped down to $6.87, and the next resistance for LINK/USD is at...
US Treasury seeks public opinion on digital asset risks
In an effort to prepare a report for President Joe Biden on the significance of developments like cryptocurrencies, the U.S. On Tuesday, Treasury stated that it was seeking feedback on the dangers and...
French project aims to supply Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to increase the number of electric vehicles on its roads in the coming years. Ronny Hartmann | AFP | Getty Ima...
‘House Of The Dragon’ Season 2? George RR Martin Says It Needs Four Seasons, 40 Episodes
House of the Dragon HBO While no one is particularly thrilled that we have to wait at least until early to mid 2024 for House of the Dragon season 2, which was greenlit before episode 2 of the series ...
Hong Kong Internet Stocks Bounce As Alibaba’s Singles Day Kicks Off
China Last Night KraneShares Key News Asian equities were mixed overnight as the Asia dollar index made another 52-week low. Please see our take on yesterday’s market volatility using the below link: ...
Commodity prices hint at a possible dump on the horizon similar to 2008
On Tuesday, October 25, top bankers on Wall Street attended the Saudi Future Investment Initiative conference, where they sent a warning about the global economy, highlighting geopolitical tensions an...
General Motors saw the chip shortage improve in Q3
General Motors Company (NYSE: GM) is trading up this morning after reporting better-than-expected profit for its fiscal third quarter. Its revenue, though, came in slightly shy of estimates. Highlight...
What to do with your cash if you’re retired or retiring soon
The saying goes, “cash is king,” but having a plan for how to make the most of it during a high-inflation environment is still the best strategy – especially for retirees and near-retirees. Read: Inf...
Apple issues new updates and invites doom for NFTs and Web3
Apple announced guidelines on Monday, October 24, regarding the inclusion of NFTs and other material on crypto trading apps. For the first time, Apple has specified explicit regulations governing the ...
Dogecoin Surpasses Polkadot – Can DOGE Maintain Its Aggressiveness
The price of DOGE was up 2.25% or trading at $0.05813, according to CoinMarketCap. Many traders have purchased DOGE at cheaper prices as a result of the recent decrease experienced in August. At this ...
Chinese EV stocks Nio, BYD, Li Auto, Xpeng fell sharply amid selloff
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday,...
‘Call Of Duty: Modern Warfare II’ Single-Player Campaign Review: A Return To Form
Modern Warfare II Credit: Infinity Ward Call Of Duty: Modern Warfare II’s campaign is a welcome return to form for the larger Call Of Duty franchise. While I enjoyed Black Ops Cold War’s weird single-...
3 Unbelievably Cheap High-Yield CEFs
Large stack of money saving coupons. getty These three little-known funds yield up to 13.5%—and their payouts are actually safer than they’ve been in years, thanks to the Fed-induced selloff. Now is t...
Terra Classic loses bear market charm as over $100 million outflows from LUNC in a week
Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, has lost its momentum in the last week that saw the asset rally despite the general crypto market trading in the red z...
Forta detected and flagged the Olympus DAO hack before it happened
In a tweet on September 21, Forta, the decentralized network that detects threats and anomalies on DeFi, NFT, governance, bridges and other Web3 systems in real-time, claimed to have detected and flag...
I Bonds Are Selling Like Crazy. Buy Now Before the Record 9.6% Rate Drops.
Text size Orders for I Bonds must be placed through the TreasuryDirect website. Dreamstime Hurry or you’ll miss out on one of the best deals in the bond market. The rate on the Treasury’s popular seri...
These 13 companies’ earnings helped drive markets higher
CNBC’s Jim Cramer on Monday offered investors a list of companies whose solid quarters he believes have helped the market rally recently. Here is his list: Bank of America Johnson & Johnson ...
Cyprus Could Transfer Its Russian Armaments To Ukraine If Guaranteed Speedy Replacements
The Biden administration’s lifting of the U.S. arms embargo on Cyprus on Oct. 1 has rekindled the prospect of Nicosia transferring its Russian military arsenal to Ukraine in return for Western-m...
Fintech Ramp Surfs Dollar Wave By Helping U.S. Companies Turn To International Markets
Ramp CEO Eric Glyman (Center), CTO Karim Atiyeh (Left) and CPO Gene Lee (Right) cofounded the corporate credit card firm in 2019 after selling a price-tracking startup to Capital One. Courtesy of Ramp...
Algorand’s total value staked soars 40% in 2 months amid spiking weekly on-chain activity
With the majority of assets in the cryptocurrency sector continuing to trade in a sideways pattern, some are recording successes in other areas, including Algorand (ALGO), which has increased its stak...
DXY price forecast ahead of the end of the trading year
Slowly but surely, the end of the trading year nears. November and December are tricky to trade because most institutional investors and retail ones adjust their portfolios ahead of the new year. In s...
Texas Instruments Reports Earnings Today. What to Expect.
Texas Instruments will be the first major semiconductor company to report this third-quarter earnings season after the close on Tuesday. While investors are worried about the chip industry as it faces...
The psychology behind stock pricing and trading
Trading involves transferring securities, such as stocks, bonds, currencies, and commodities, from one person or entity to another, often in exchange for money. Stock can be defined as a form of secur...
Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients
The decentralized exchange (dex) Uniswap’s foundation, The Uniswap Foundation (UF), announced the first round of foundation grants on Wednesday. In all, $1.8 million will be distributed through 14 gra...
Charts suggest the U.S. dollar could be peaking, Jim Cramer says
CNBC’s Jim Cramer on Monday said that the spiking U.S. dollar could peak soon. “The strong dollar has become an albatross around the neck of an already beaten-down market, but now the char...