Berkshire Hathaway likely unloaded nearly $5 billion of financial stocks from its portfolio in the third quarter, and two possible candidates for the trimmed positions are Citigroup and Bank of New Yo...
Category: Finance
Live Finance News Updates.
Tilray Brands Add Montauk Brewing Company To Its Growing Beverage Roster
Montauk Brewing Company’s lineup up beers are now part of global cannabis behemoth Tilray Brands. Montauk Brewing Company The announcement today that Tilray Brands, the largest cannabis company ...
Fed ‘Hasn’t Accomplished Anything’ on Labor Market, Dudley Says
(Bloomberg) — The Federal Reserve “hasn’t accomplished anything” in loosening the US labor market even after four consecutive 75-basis-point hikes, former New York Fed President Bill Dudley said...
Resolving Trucking Industry’s Slow Payment Settlements Through Tokenization
Ever evolving tech is revolutionizing even the traditional activities and bringing an unorthodox way to do the same. Trucking industry could be counted as one such entity. Even today, most of the task...
The 30 Best Food And Sustainability Gifts Of 2022
When I sat down to interview Chef José Andrés on Thursday at the recently opened New York City location of his restaurant, Zaytinya, I realized I was sitting with arguably one of the most charitable p...
FTX token shows signs of resilience after CZ tiff
The price of FTX’s native token FTT showed signs of resilience after a dramatic weekend for the exchange operator and its biggest rival, trading in the green earlier on Monday before declining s...
Palantir Is Almost Ready to Boogie, But Which Way? Try This Trade
On Monday morning Palantir Technologies (PLTR) released the firm’s third quarter financial results. The results were seen as pedestrian at best. Palantir was an old favorite of mine going back t...
Walgreens-Backed VillageMD And Cigna’s Evernorth To Buy Clinic Operator Summit Health For Nearly $9 Billion
Walgreens-backed doctor-staffed clinic operator VillageMD is buying Summit Health in a deal valued … [+] at $8.9 billion to expand doctor-staffed clinics across the country. The transaction will...
Returning Interest Payments May Drag On Consumer Spending In 2023
How much will a return to interest payments on student loans impact the U.S. consumer? (Photo by … [+] Erik S. Lesser/Getty Images) Getty Images Interest payments on federal student debt will re...
Guggenheim sees a 45% upside
Okta Inc (NASDAQ: OKTA) is trading at its year-to-date low on Monday – a valuation that’s “too compelling to ignore”, as per a Guggenheim analyst. Okta stock upgraded to ‘buy’ John DiFucci upgraded th...
Why Vechain (VET) And Filecoin (FIL) Holders Are Stocking More Orbeon Protocol (ORBN)
Vechain (VET) and Filecoin (FIL) tokens are two projects that have suffered massive setbacks due to the crypto bear market. Market movement plummeted the prices of these tokens to their all-time lows;...
Stablecoin Issuer Circle Moves USDC Reserves Into Fund Managed by BlackRock
US-based peer-to-peer payments company Circle has moved some of its USD Coin (USDC) stablecoin reserves into a fund controlled by $10 trillion asset management firm BlackRock. In a blog post written b...
Binance vs FTX – a ‘Game of Thrones’
Binance and FTX are among the largest cryptocurrency exchanges in the crypto industry – that’s pretty much clear. And to borrow from the mythical Westeros in the HBO hit drama series ‘Game...
Carvana, Dealers Show Risks of Deflation. Ford, GM Investors Should Watch Out.
Text size A Carvana car-vending machine in Huntington Beach, Calif., in 2019. Mark Ralston/AFP/Getty Images Why buy now if prices are going to be lower tomorrow? That isn’t a question U.S. consumers h...
Liverpool FC’s American Owners Open To Sale Of Premier League Club
Topline Liverpool FC’s ownership group indicated Monday it is actively exploring a sale of the Premier League club, possibly setting the stage for yet another multibillion-dollar sale of a European so...
Relief For The Digital Data-Starved $3.9 Trillion Municipal Bond Market
Like a bug trapped in amber, crucial financial information on thousands of bonds in multi-billion-dollar municipal bond mutual fund portfolios held by millions of shareholders is in a similar fossiliz...
Trump-Tied SPAC Gains as Investors Leap at Presidential Bid
(Bloomberg) — Investors snapped up shares of Digital World Acquisition Corp., the blank-check firm set to merge with Donald Trump’s social media company, after the former president hinted at pla...
Tezos price analysis: XTZ stuck in a bearish loop at $1.39
Tezos price analysis shows bearish price movement today, with XTZ/USD stuck in a downward loop. XTZ suffered considerable damage as the price has sunken down to $1.39 after following the most recent d...
Find Here The Important Notice from Huobi Global on GALA Incident
One of the leading cryptocurrency exchanges, Huobi Global, released an important notice and gave its statement on the GALA incident, on November 06, 2022. The crypto exchange responds to pNetwork̵...
Chicago White Sox Will Keep Tim Anderson, But Extension Appears Unlikely
ST PETERSBURG, FLORIDA – AUGUST 20: Tim Anderson #7 of the Chicago White Sox reacts after scoring on … [+] a fielders choice from the bat of Jose Abreu #79 during the fifth inning against ...
Hong Kong Rallies On Incremental Loosening Of Zero COVID
China Last Night Kraneshares Key News Asian equities had a nice start to the week as Hong Kong outperformed to the upside. Investors continue to read the tea leaves on China’s reopening as small, incr...
A CBDC could protect euro dominance, say EU leaders
European Union leaders see a digital euro undertaking as an opportunity to preserve the value of the shared currency. “The entry of big tech into payments could increase the risk of market domin...
Xternity secures $4.5 million investment to boost Web3 adoption
Web3 gaming platform Xternity, which looks to boost adoption across the Web3 ecosystem through streamlined engagement and community empowerment, has secured $4.5 million from investors as it seeks to ...
What Happens to I Bonds Now That Interest Rates Have Changed?
I want to understand how I bonds work. When the interest rate changes, does that new rate apply to previous bonds – but at a different rate? -Joseph I bonds have been popular lately and for good reas...
Solana scaling protocol Layer N comes out of stealth mode
A new Solana scaling protocol named Layer N that could quicken DeFi derivatives and on-chain social networks has come out of a stealth development phase ahead of a mainnet launch expected next year. ...
Palantir shares lost another 10% this morning: explore why
Palantir Technologies Inc (NYSE: PLTR) reported a strong third-quarter and raised its earnings guidance for the full year on Monday. Shares are still down more than 10%. Why are Palantir shares down o...
Jim Cramer Says Investors Should Buy These 2 Stocks on the Dip
The market is getting all jittery again after the Fed signaled its intention to stick to its aggressive rate hike stance for now. The general downbeat mood is a familiar one in 2022 as the market has ...
PancakeSwap (CAKE), Algorand (ALGO) Earn Minor Gains While Orbeon Protocol (ORBN) Continues To Consolidate
PancakeSwap (CAKE) and Algorand (ALGO) are two tokens that have appreciated in value with the recent bullish conditions. However, their minor gains pale in significance to Orbeon Protocol (ORBN) which...
Flightline Retires To Stud At Kentucky’s Famed Lane’s End Farm; He Waltzes Into The History Books With A Shining Six-Win Career
Thanking God, And His Partner, At the Finish: Jockey Flavien Prat crosses the finish aboard … [+] Flightline to win the Breeders’ Cup Classic at Keeneland on November 05. (Photo by Dylan B...