(Bloomberg) — Micron Technology Inc. is considering a plan to spend as much as $160 billion on a new semiconductor factory in central Texas. Most Read from Bloomberg The company filed applicatio...
Category: Finance
Live Finance News Updates.
Zuckerberg’s Avatar is Trending on Snapchat
Mark Zuckerberg is the owner of Meta (formerly known as Facebook). He released a selfie of his virtual avatar which the users are now using on Snapchat. Matt Reed, a technologist, created a Snapchat f...
What 4 ‘convoluted’ CEO jargon terms mean for investors
With this earnings season mostly in the rearview mirror, CNBC’s Jim Cramer on Thursday cut through common C-suite jargon, an attempt to help investors make sense of management commentary. In par...
Universal Vaccine Would Offer Better Protection Against Seasonal Flu, Study Suggests
Topline A universal vaccine could offer broader and better protection against the seasonal flu than current vaccines, which only protect against a narrow set of flu virus strains, according to researc...
Affirm Holdings punished on weak guidance
Affirm Holdings Inc (NASDAQ: AFRM) reported better-than-expected revenue for its fiscal fourth quarter on Thursday. Shares still tanked 15% after the bell on widened loss and weak guidance. Notable fi...
Tether says it’s not freezing Tornado Cash addresses until government tells it to
Tether is upholding its decision not to freeze sanctioned wallet addresses with ties to Tornado Cash because it has not received any requests from US law enforcement or regulators to do so, the compan...
California bans the sale of new gas-powered cars by 2035
A charging port on a 2022 Lincoln Corsair Grand Touring plug-in hybrid vehicle during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, Nov. 18, 2021. Bing Guan | Bloomber...
Court Blocks Arkansas Ban On Treatment For Transgender Children
Topline A federal appeals court on Thursday supported a temporary ban on Arkansas from enforcing a ban on gender-affirming medical care for transgender children—a blow to state conservatives in the st...
AFRM Stock Collapses On Wide Misses And As One Key 2023 Metric Lags
Affirm Holdings (AFRM) reported a wider-than-expected loss for its June quarter late Thursday and issued a partially disappointing fiscal 2023 outlook, leading AFRM stock to collapse. X The Street was...
Ready Player Me Piled Up 56M USD in a Funding Round
Ready Player Me offers services to create virtual avatars for digital worlds. The company raised 56 Million USD in a funding round led by Andreessen Horowitz. Ready player me has collaborated with com...
Williams-Sonoma will soon launch a collaboration with Roblox, says the home retailer’s CEO
Williams-Sonoma CEO Laura Alber told CNBC’s Jim Cramer on Thursday that the home retailer will soon jump into the virtual world through a collaboration with Roblox, a video-game company thatR...
Rafael Nadal’s Path To A 23rd Major Title At U.S. Open Could Include Alcaraz And Medvedev
NEW YORK, NEW YORK – SEPTEMBER 08: (L-R) Rafael Nadal of Spain in congratulated by Daniil Medvedev … [+] of Russia after winning his Men’s Singles final match on day fourteen of the ...
MRVL Stock: Marvell Technology Meets Estimates But Guides Lower
Chipmaker Marvell Technology (MRVL) late Thursday reported largely in-line results for its fiscal second quarter but guided lower for the current period. MRVL stock fell in extended trading. X The San...
Cramer says there’s a bull market in these 4 industries. Here are his favorite stocks in them
CNBC’s Jim Cramer said Thursday he sees a bull market in a couple of industries including agriculture, even as Wall Street remains concerned about signs of a slowing economy. “I think we&#...
Europe’s Largest Nuclear Plant In Ukraine Disconnects From Grid
Topline The Zaporizhzhia nuclear plant in Southeastern Ukraine—the largest power plant in Europe—was disconnected from the electricity grid Thursday for the first time in the history of the plant, acc...
Gap (GPS) reports fiscal Q2 2022 results
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...
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...