Photo taken on March 1, 2022 shows monitors displaying stock market information at the New York Stock Exchange in New York, the United States. U.S. stocks fell sharply on Tuesday as investors nervousl...
Category: Finance
Live Finance News Updates.
Paramount stock no longer deserves a premium multiple: Wells Fargo
Paramount Global (NASDAQ: PARA) has been in a downturn over the past seven months but a Wells Fargo analyst warns the pain is not over just yet. Paramount stock could crash to $13 On Monday, Steven Ca...
Wynn Resorts Surges After Billionaire Fertitta Takes 6.1% Stake
(Bloomberg) — Wynn Resorts Ltd. surged after billionaire Tilman Fertitta acquired a stake in the hotel and casino company, operator of successful properties in Macau and on the Las Vegas strip. ...
Ring With Emerald Lost In 400-Year-Old Shipwreck Is Up For Auction
Topline A ring made with an emerald that was lost on a Spanish shipwreck for four centuries before being rediscovered in one of the most successful treasure hunts of all time will come to auction for ...
Trick Follows Treat For Big Oil As Biden Pushes New Tax On Windfall Profits
Biden voted early with granddaughter Natalie on October 29, in Wilmington, Delaware. AFP via Getty Images Big Oil is accustomed to politicians tagging them as the bogeyman. But a presidential condemna...
Legal Experts Believe the SEC to Face Massive Defeat in Lawsuit Against Ripple
According to many crypto experts, the United States Securities and Exchange Committee is likely to suffer a tremendous setback in the ongoing Ripple vs SEC lawsuit. A judgment against the regulator co...
Federal Prosecutors Take Over Tether Investigation, Looking Into Potential Fraud Committed by Executives: Report
The New York Justice Department is taking over a year-old investigation into top stablecoin issuer Tether. Washington federal prosecutors warned top Tether executives last year that they could be char...
Long Covid is affecting women more than men, national survey finds
A woman receives a dose of a vaccine against the coronavirus disease (COVID-19) at a sport stadium during the coronavirus disease pandemic, in Vina del Mar, Chile, April 22, 2021. Rodrigo Garrido | Re...
Taiwan Electronics Billionaire Makes Second Sensor Acquisition In A Month
Taiwan tech billionaire Pierre Chen’s fortune comes from art as well as electronics manufacturing. Pierre Chen Taiwan electronics manufacturer Yageo, led by billionaire Pierre Chen, on Thursday ...
ON Semi down despite a strong Q3 earnings report
ON Semiconductor Corp (NASDAQ: ON) reported better-than-expected results for its fiscal third quarter on Monday. Shares are still down about 8.0%. Highlights from CEO’s interview with CNBC Investors a...
What an inverted yield curve means for the economy
Catherine Yeulet | Getty Images What the inverted yield curve means Generally, longer-term bonds pay more than bonds with shorter maturities. Since longer-maturity bonds are more vulnerable to price c...
Arizona Coyotes’ New Mullett Arena Brings Hype, Derision And 2 Opening-Weekend Losses
The Winnipeg Jets defeated the Arizona Coyotes 3-2 in overtime in the first-ever NHL game at Mullett … [+] Arena on October 28, 2022 in Tempe, Arizona. (Photo by Christian Petersen/Getty Images)...
Twitter Offers to Buy Back Bonds as Musk Consolidates Power
(Bloomberg) — Twitter Inc. and Elon Musk took further actions on Monday to consolidate control of the company under its new owner, including launching an offer to buy back all of the outstanding...
Uniswap price analysis: UNI price rapidly declines below $6.89 as bears exert control
Uniswap price analysis shows a downtrend today as UNI/USD price consolidates $6.89.The market is expected to see lower prices as the bearish pressure continues. Price has currently set a new support ...
Instances Proving Investors Likely to Accumulate Chanlink (LINK)
On October 29th, 2022 prominent decentralized oracle networks provider Chainlink (LINK) came up with an announcement. In a Tweet, the Chainlink team noted achievements and developments around the netw...
Billionaire Changpeng Zhao Says Binance Wants To Help Elon Musk Bring Twitter Into Web3
The chief executive of the world’s largest crypto exchange by trading volume says he wants to assist Twitter in transitioning into the next phase of the internet. In a new interview with CNBC’s Squawk...
Stifel’s Title Sponsorship Of U.S. Alpine Team Is Most Significant U.S. Ski & Snowboard Team Naming Deal Ever
ST MORITZ, SWITZERLAND – FEBRUARY 18: Mikaela Shiffrin of The United States competes in the first … [+] run of the Women’s Slalom during the FIS Alpine World Ski Championships on Feb...
Why Wall Street Stock Predictions Are Meant To Be Wrong
Wall Street Getty Images Wall Street has a long tradition of rating stocks. Analysts from big investment banks keep an eye on certain stocks. And each quarter, they grade them by issuing one of three ...
Physical silver drawdowns surge on global bullion exchanges
This is the tale of two markets rolled up messily into one. For starters, the international silver price is not really the price of silver. Surprised? I know I was. To illustrate this point in some de...
All Is Not ‘Peachy’ at Ford and There’s No Reason for Traders to Chase It
On Monday morning the Wall Street Journal reported that the Ford Motor Co (F) would offer severance packages to some white-collar employees who have eight years of service or more and whose performanc...
Aave price analysis: Price slumps down to $83.47 as bearish trend continues
The Aave price analysis is going through a loss as the price underwent a decline up to $83.47 today. The downtrend has been quite constant since yesterday, and even today, the price has followed a dow...
Supreme Court Justices Signal Willingness To End Affirmative Action
Topline The Supreme Court appears poised to outlaw affirmative action policies that take race into account in university admissions, as the court’s conservative justices signaled during oral arguments...
Shares of Wynn Resorts jumped 12% on Monday: what happened?
Shares of Wynn Resorts Limited (NASDAQ: WYNN) are up more than 10% this morning after Tilman Fertitta revealed to have built a sizable stake in the high-end hotels and casinos operator. Fertitta bough...
Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation
The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...
Report: 97.7% of tokens launched on Uniswap are rug pulls
Blockchain technology has proven to be extremely disruptive and empowering in both the public and private computer application industries. However, the most recent Uniswap data illustrates that crypto...
Dogecoin’s (DOGE) Explosive 114% Rally Is Not Over Yet, According to Top Analyst
Benchmark meme token Dogecoin (DOGE) is spearheading an altcoin market bounce, clocking in gains of 114% in the last seven days. DOGE first started moving on news that tech billionaire Elon Musk, one ...
Homebuilders say steeper downturn is coming as buyers pull back
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The once-hot housing market is cooling off at an alarm...
Stocks Drop As Investors Haunted By Fed’s Ghouls—Though Halloween Isn’t Always A Spooky Day For Market
Topline The stock market dipped Monday as investors spent Halloween spooked by the Federal Reserve’s rate hike plans, but history says Halloween is not typically a spine-chilling day for the market. H...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...