An employee hands a customer a shopping bag at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. on Thursday withdrew its financial outlook for the year after i...
Category: Finance
Live Finance News Updates.
Axie Infinity Will Launch Season 0 Soon
Axie Infinity is a play-to-earn game developed by Sky Mavis. Recently, they announced Season 0 which will go on for a month. Axie Infinity’s native token, AXS, was trading at $14.77 currently. New Sea...
Bed Bath & Beyond says it will share its comeback strategy next week
Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Bed Bath & Beyond said ...
Ulta, Affirm, Marvell and more
Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Affirm — The buy-now-pay-later darling...
Maverick’ Journey And Being In The Room For The Emotional Tom Cruise-Val Kilmer Reunion
‘Top Gun: Maverick’ director Joseph Kosinski poses for portrait at the 75th international film … [+] festival, Cannes, southern France, in May 2022. Copyright 2022 The Associated Pre...
California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit
California is poised to ban the sale of all new gas-powered cars by 2035 — here are 3 EV stocks that could pop if other states follow suit Whether you like electric vehicles or not, it’s hard to deny ...
Qantas CEO blames ‘little’ government help and Covid for lagging peers
Qantas CEO Alan Joyce told CNBC the airline was not able to return to profit as quickly as other carriers like those in Singapore because it did not receive as much government support and faced a R...
Peloton, Salesforce, Dollar Tree and more
Check out the companies making the biggest moves midday: Peloton — Shares of Peloton plunged over 18% after the company reported quarterly results Thursday showing a wider-than-anticipated loss and de...
The Cleveland Guardians Lead Their Division In Wins And Patience
Cleveland Guardians’ third baseman Jose Ramirez, who signed a 7-year, $141 million contract … [+] extension at the start of the season, has 103 RBI and leads the American League in doubles...
One of the Alameda Research Co-CEO Leaving his Position
On Wednesday, 25th August, 2022, co-CEO of Alameda Research, Sam Trabuco went on to Twitter and announced stepping down from his role in the company. He further added that he would act as an advisor f...
How President Biden linked a $15 minimum wage to student loan reform
Fast-food workers and supporters fight to raise the minimum wage to $15 an hour. James Leynse | Corbis Historical | Getty Images The Biden administration seems to have pegged a student loan policy ann...
Legacy NFL Teams Are At A Disadvantage
Deshaun Watson leads the NFL in escrow. Nick Cammett/Getty Images A week ago, the hammer came down. Cleveland Browns quarterback Deshaun Watson was suspended 11 games without pay and fined $5 million ...
Tesla stock split isn’t the only big catalyst for EV king, analyst says
Tesla’s three-for-one stock split that kicked in after the close of trading on Wednesday is just one of many catalysts driving the stock, crow Wall Street analysts. “After brutal shutdowns...
Cardano ’s Vasil Hard Fork is Around the Corner
Cardano network is moving slowly and steadily towards the much anticipated Vasil hard fork. However, it is also lagging behind its planned schedule. Charles Hoskinson cited the bugs within the code as...
Peloton (PTON) reports Q4 2022 losses mount
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fisc...
‘The Gods Were Smiling At Serena With This Draw’
NEW YORK, NEW YORK – SEPTEMBER 05: Serena Williams of the United States celebrates winning her … [+] Women’s Singles third round match against Sloane Stephens of the United States on Day S...
ECB Updated on Digital Euro Development
Recently, an ECB policy maker announced an update on the development of the digital euro and this sparked the debate again. On Wednesday, 24th August, 2022, Bank of Finland Governor, Olli Rehn said it...
IRS refunding $1.2 billion in late-filing fees for nearly 1.6 million
Ekaterina Goncharova | Moment | Getty Images The IRS on Wednesday announced it will waive penalties for many Americans who late-filed tax returns during the pandemic. Nearly 1.6 million filers will au...
Oklahoma City’s Chet Holmgren, No. 2 Draft Pick, Will Miss The 2022-23 Season With Foot Injury
SALT LAKE CITY, UTAH – JULY 05: Chet Holmgren #7 of the Oklahoma City Thunder looks on during a NBA … [+] Summer League game against the Utah Jazz at Vivint Arena on July 05, 2022 in Salt ...
Here’s Why The Fed’s Jackson Hole Symposium Isn’t A Big Deal For Investors
Topline While traders will be closely watching the Federal Reserve’s annual Jack Hole symposium for clues on future interest rate hikes, history shows that the event rarely moves markets in a big way ...
No love for homebuilder stocks at the Bank of America
Homebuilder stocks are down about 25% for the year but a Bank of America analyst says the macro environment warrants not buying the dip. BofA downgrades three homebuilder stocks On Thursday, Rafe Jadr...
How Jackson Hole Could Revive the Stock Market Rally
Text size The market will be listening carefully to Fed Chairman Jerome Powell’s speech in Jackson Hole, Wy. Graeme Jennings-Pool/Getty Images The stock market has gotten itself into a better pl...
The SEC Behind Investigating Fake Accounts on Twitter
On Wednesday, 24th August, 2022, the news spread all over that the US SEC opened an investigation against Twitter. A new regulatory file consisted of the details about the investigation of the Securit...
Sky-high rents hit the aircraft market as Boeing jets top $300,000 a month
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Passengers aren’t the only ones ...
Opinion: The stock market in all likelihood has entered a new bull phase — so you’ll want to own these five stocks
That didn’t take long. The slump in the S&P 500 Index SPX, +1.41% and Nasdaq Composite Index COMP, +1.67% after their meteoric rise off mid-June lows has a lot of market commentators asking two ke...