Peloton (NASDAQ: PTON) stock price has been in a freefall in the past few months as concerns about the company’s growth and future remain. The shares crashed by more than 5% on Friday and is trading a...
Category: Finance
Live Finance News Updates.
Brace for ‘Recession Shock’ as Outflows Rock Equities, Bank of America Says
(Bloomberg) — Investors bracing for a recession jolt accelerated their retreat from stocks after the Federal Reserve warned it won’t be easily deterred in its fight against inflation, Bank of Am...
Layer by Layer Issue 44: Avalanche, Solana, and Cosmos
September 1, 2022, 1:02PM EDT • 21 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bri...
Dogecoin price analysis: DOGE increases value by 3% after bullish takeover
Dogecoin price analysis for September 2, 2022, shows the meme cryptocurrency following a positive movement for the last 72 hours. The price fell from $0.0631 to $0.0600 on August 31, 2021. Dogecoin ga...
EOS Price Analysis: EOS Trades at 20-EMA, Investors Expects 25% Rally Ahead
EOS coin is under recovery as buyers push the price higher after the pullback. The market cap of EOS coin has increased by 12% to $1.53 billion in the last 24 hours. EOS crypto trades above 20,50 and ...
No, McDonald’s all-day breakfast isn’t returning in October
A McDonald’s “Big Breakfast” and Egg McMuffin are displayed at a McDonald’s restaurant in Fairfield, California. Justin Sullivan | Getty Images No, McDonald’s isn’t...
‘She-Hulk’ Is A Direct, Unapologetic Attack On Toxic Marvel Fanboys
She-Hulk Netflix While She-Hulk was always destined to be a meta show, with its fourth-wall breaking and self-referential Marvel jokes, it’s gone somewhere I wasn’t quite expecting. She-Hulk was appar...
dYdX canceled promo after community ridiculed it 1
dYdX has announced that it has canceled its deposit promo after a wave of backlash by members of its community. The derivates platform announced weeks ago that new members would be gifted $25 when the...
Energy CEO calls out Europe’s ‘foolish’ dependence on natural gas
Enel’s Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was “foolish.&...
Here’s where the jobs are for August 2022 — in one chart
The U.S. economy added another 315,000 payrolls in August, with jobs growth slowing overall but still widespread throughout the economy. The economy saw growth in all the key sectors and subsectors in...
Who Is The Stranger In ‘The Rings Of Power?’ Three Possible Theories
The Stranger Credit: Amazon The Lord Of The Rings: The Rings Of Power debuted its first two sprawling episodes this Thursday, introducing viewers to a massive cast of characters—some familiar, some ne...
Stocks Rally As Labor Market Cools Slightly, Taking Some Pressure Off The Fed
Topline The stock market moved higher on Friday after the August jobs report came in slightly lower than expected and dropped significantly from last month, which helped ease investor concerns that a ...
Obscure China Stock Plunges 95% After Mystery 13,000% Rally
(Bloomberg) — A frenzied rally in the shares of a little-known Chinese garment manufacturer, which drew comparisons to the wild surges seen by AMTD Digital Inc. and Magic Empire Global Ltd., has...
Pakistan warns flood damage will exceed $10 billion
Pakistan’s foreign minister made an urgent call for international aid, with the death toll from historic flooding across the country expected to rise in the coming days. Already reeling from an ...
August 2022 jobs report:
Nonfarm payrolls rose solidly in August amid an otherwise slowing economy, while the unemployment rate ticked higher as more workers rejoined the labor force, the Bureau of Labor Statistics reported F...
Ukraine’s Drones Are Back—And Blowing Up Russian Artillery In The South
A Ukrainian TB-2. Photo via Wikimedia Commons Ukraine’s Turkish-made drones are blowing up Russian equipment in southern Ukraine, helping to clear a path for Ukrainian battalions as they fight their w...
Recession Fears Could Send This 10% Dividend On A 400%+ Profit Run
A businessman covers his eyes as he can’t watch a descending stock chart and an ominous shadow of a … [+] bear that is cast on the wall above him. getty One of the market’s smartest contra...
EUR/USD forex signal as EU and US economy divergence widens
The EUR/USD price was stuck at the parity level after the latest US non-farm payrolls (NFP) data. The current price is in the range where the pair was in the past few days. It is also slightly above l...
Litecoin price analysis: Bulls regain momentum as price uplifted to $59.25
Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $59.25 level. However, the cryptocurrency is facing rejection at $59.31 as the ...
Will Regulations Benefit The Cryptocurrency Market in The Long-Run
The crypto market exhibits a wide spectrum of opportunities for everyone including the investors and the regulators. Crypto market is an ecosystem in itself pertaining to centralized and decentralized...
MEXC Firstly Announces ZERO Maker Fee Promotion for All Spot Trades
The leading digital asset and cryptocurrency trading platform, MEXC, firstly introduces a zero-maker fee rate offering for all spot trading users since August 31st. The zero-maker fee policy applies t...
I prefer Pioneer Natural Resources over Marathon Oil
Marathon Oil: “Marathon Oil is good, but why not own one of these with a giant dividend? How about Pioneer? Pioneer has the largest dividend in the S&P, and that’s my one. That’s...
Donovan Mitchell Trade Could Open Floodgates For 2019 NBA Draft Class Extensions
MIAMI, FLORIDA – NOVEMBER 06: Donovan Mitchell #45 of the Utah Jazz and Tyler Herro #14 of the Miami … [+] Heat look on during the fourth quarter at FTX Arena on November 06, 2021 in Miami...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
FTX US Derivatives adds former CFTC commissioner to board
Former Commodity Futures Trading Commissioner Jill Sommers has joined the board of FTX’s US derivatives subsidiary. A Republican appointee under Presidents George W. Bush and Barack Obama, Sommers ser...
The third bankruptcy hearing of Celsius inclined toward clients’ relief
The bankruptcy hearing of Celsius on Thursday was mainly focused on custodial account holders. No, any final conclusion was made during Thursday’s hearing. The clients of celsius network want their mo...
Will Immunicorn Finance Beat Avalanche and Uniswap?
Over the years, there has been a constant evolution in the cryptocurrency market. Many cryptocurrencies are being created, and some are revolutionizing the crypto space. A good example is Immunicorn F...
Demand has never been stronger for our products
Motorola Solutions CEO Greg Brown told CNBC on Thursday that demand for the company’s public safety and enterprise security products has never been stronger. In an interview on “Mad Money,...
Purchase Rewards Provider Valuedynamx Launches Globally With 400 Million Marketable Consumers
Valuedynamx launched the first global travel rewards program in 1987. Photo by Scott Barbour/Getty Images Valuedynamx, a leading global provider of curated, data-driven, omnichannel purchase rewards, ...
Unemployment Rises – Trustnodes
The unemployment rate in the United States has risen for the first time in nine months, increasing to 3.7% from 3.5%, higher than in 2019. “In August, the unemployment rate rose by 0.2 percentage poin...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...