Target Corporation (NYSE: TGT) opened over 15% down this morning after reporting a disappointing third quarter and giving weak guidance for the future. Jim Cramer reacts to the earnings report A 2.7% ...
Category: Finance
Live Finance News Updates.
UBS Analyst Says This Is When Investors Should Buy the Dip
Even though mid-term election results and encouraging inflation news have pushed U.S. stocks to their highest levels since August, a prominent UBS analyst says a recession is due and the global econom...
Shiba Inu (SHIB) and FTX Token (FTT) prices fall, Orbeon Protocol (ORBN) projected to jump 6000%
The crypto market crash due to the FTX exchange debacle has once again underlined the significance of investing in assets having some real world value. While the steep fall in the price of FTX Token (...
Voyager Digital is looking for a new buyer
After the FTX collapse, Voyager Digital is now looking for its new buyer. FTX won the bid with an estimation of $1.4 billion. The new buyer Voyager Digital who filed for bankruptcy in July does not wa...
CMC Markets’ Net Trading Revenue plunges up by 27%
CMC Markets, a London-based brokerage group, released their six months interim financials between April and September, reflecting a 21% hike in its net operating income (NOI), generating £153.5 millio...
JetBlue plans Paris flights next summer in trans-Atlantic expansion
A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is s...
Iran Is Once Again Using Its Civilian Airliners To Ferry Arms
Iran is presently using its fleet of civil airliners to ferry armed drones to Russia for the war in Ukraine. It is the latest example of Tehran using these aged aircraft to transport armaments and mil...
FTX Collapse Created ‘Unprecedented Market Turmoil’
Topline Cryptocurrency exchange Genesis on Wednesday suspended withdrawals within its lending unit and blamed the recent collapse of exchange FTX for spurring a spike in withdrawal requests that exace...
Temasek, Sequoia, SoftBank take more the $600 million in FTX write-downs: Bloomberg
FTX investors including Temasek, Sequoia Capital and SoftBank are writing off hundreds of millions of dollars they poured in the now-failed exchanged, Bloomberg reported, citing people familiar. ...
FTX and Bankman-Fried sued in $11 billion consumer class action
Investors have formally sued troubled FTX cryptocurrency exchange alongside former CEO Sam Bankman-Fried, for losses incurred by ‘unsophisticated investors’. The consumer class action lawsuit worth $...
Activision Shares Severely Discounted Compared To Strong Growth Potential, Analyst Says
MKM Partners analyst Eric Handler upgraded Activision Blizzard, Inc (NASDAQ: ATVI) from Neutral to Buy with a $95 price target. Activision’s shares severely discounted the fundamental improvemen...
3 Cryptos to Gain x10 Returns in 2023: Chainlink, Polkadot, BudBlockz
Diversification is an essential strategy when considering spreading risk in the financial markets. The strategy is highly recommended when dealing with cryptocurrencies that can be extremely volatile ...
Will Uniswap (UNI) turn long-term bullish breaking the resistance?
At the time of writing this post, UNI was trading around $6.29, which is around the baseline of the Bollinger Bands. On the daily chart, $5.5 is a crucial level, and if the price sustains over this le...
Former Kraken CEO Jesse Powell Says Mainstream Media Complicit in FTX ‘Ponzi’
Former Kraken chief executive Jesse Powell thinks the mainstream media shares some of the blame for the FTX fiasco that rocked the crypto world last week. Powell took aim at a New York Times article a...
How to reduce your cryptocurrency tax bill before year-end
After a rough year for cryptocurrency, taxes may not be a top priority for digital currency investors battered by steep losses. But the falling crypto market and the recent collapse of digital currenc...
Topgolf Rolls Out First Global Brand Campaign As ‘Off-Course Golf’ Offerings Hit Record Levels
Topgolf has rolled out its first global brand campaign with a widespread public invitation to “Come … [+] Play Around.” Topgolf Topgolf has launched its biggest brand campaign — esse...
Genesis halting customer withdrawals after FTX, 3AC collapses: CoinDesk
Genesis is temporarily suspending withdrawals and new loan originations, after it took large hits from Three Arrows Capital and FTX. Genesis will continue to offer over-the-counter trading for s...
Genesis Trading’s lending unit halts customer withdrawals
Genesis Global Capital, the lending arm of digital assets platform Genesis Trading, has halted all redemptions as well as loan originations, parent company Digital Currency Group announced on Wednesda...
Lam Research Acquires SEMSYSCO Enabling Better HPC, AI Solutions
Lam Research Corp (NASDAQ: LRCX) completed the acquisition of SEMSYSCO GmbH, a global provider of wet processing semiconductor equipment, from Gruenwald Equity and other investors. The financial terms...
Daniel’s Chai Corporation got raided by South Korean Prosecutors
Chai Corporation, a fintech company for developing infrastructure technologies, was raided by South Korean prosecutors. South Korean Seoul Southern District Prosecutor’s office has verified the ...
Kargo is developing its first Layer 1.5 on Sei
Kargo is now engaged in the development of its initial Layer 1.5 on Sei. Consequently, the resulting first base layer contracts will serve as a modular framework applicable to all prediction-based mar...
Sharp drop in mortgage rates does little to boost demand
A home for sale in the Mission Hills area of Los Angeles Tuesday, Oct. 11, 2022 in Mission Hills, CA. Brian Van Der Brug | Los Angeles Times | Getty Images Mortgage application volume rose 2.7% last w...
Apple’s Plans To Source Chips From Arizona Is Big News
Taiwan Semiconductor Manufacturing Co. (TSMC) headquarters in Hsinchu, Taiwan. Photographer: Lam Yik … [+] Fei/Bloomberg © 2022 Bloomberg Finance LP Apple’s plans to source chips from Arizona is...
Pfizer A Top 25 Dividend Giant With 3.29% Yield
Pfizer has been named as a Top 25 ”Dividend Giant” by ETF Channel, with a staggering $34.47B worth of stock held by ETFs, and above-average ”DividendRank” statistics including ...
Gemini Earn unable to meet customer redemptions as Genesis unit pauses withdrawals
Crypto exchange Gemini said its Earn program “will not be able to meet customer redemptions within the service-level agreement of five business days” following the announcement that lendin...
DOGE creator warns against giving FTX a second chance to commit ‘enormous massive fraud’
As the embattled CEO of collapsed FTX cryptocurrency exchange Sam Bankman-Fried attempts to raise capital to rescue the platform, the move has received mixed reactions amid fears the funds could be mi...
Genesis Capital Pauses Withdrawals, Gemini Earn Affected – Trustnodes
Genesis Global Capital, a crypto lender that focuses on institutional investors with $2.8 billion in loans as of Q3 2022, has suspended loan redemptions its Interim CEO Derar Islim said in a call to c...
Buffett’s Berkshire Buys Shares of Taiwan Semiconductor, Sells Bank Stocks
Warren Buffett’s conglomerate Berkshire Hathaway purchased over $4 billion worth of shares of Taiwan Semiconductor (TSM) – Get Free Report during the third quarter while it sold some shar...
Predict-and-Earn App Pooky Launching Free-to-Play Public Beta Ahead of FIFA World Cup Qatar
Milano, Italy, 16th November, 2022, Chainwire Pooky, the forthcoming gamified Web3 sports prediction platform, will release its free-to-play version in public beta on Nov. 16, 2022. The announcement ...
Burger King owner hires former Domino’s CEO Patrick Doyle as chair
Patrick Doyle Scott Mlyn | CNBC Restaurant Brands International announced Wednesday that it is hiring former Domino’s Pizza CEO Patrick Doyle as its executive chair. Doyle, 59, was chief executi...