NEW YORK, NEW YORK – FEBRUARY 12: Vernon Davis attends the premiere of “Downhill” at SVA Theater on … [+] February 12, 2020 in New York City. (Photo by Dominik Bindl/WireImage)...
Category: Finance
Live Finance News Updates.
Philip Morris International Shares Cross 5% Yield Mark
In trading on Tuesday, shares of Philip Morris International were yielding above the 5% mark based on its quarterly dividend (annualized to $5), with the stock changing hands as low as $99.08 on the d...
JPMorgan upgraded this casino stock on ‘overweight’
Shares of Las Vegas Sands Corp (NYSE: LVS) jumped close to 8.0% on Tuesday after the casino company found a spot on JPMorgan’s “Analyst Focus List” for 2022. Las Vegas Sands could climb to $48 a share...
Cathie Wood is expecting a ‘bloodbath’ in this segment of the market: ‘autos are one example of…many disturbances out there in the world order’
Cathie Wood, the star fund manager and chief executive of ARK Invest, in a Tuesday monthly market update said that the used car market is where she is expecting possible losses after a surge in values...
Fed chair and US senator agree on core principles — and limits — for a potential digital dollar
Senator Pat Toomey is adamant on establishing limits on a potential central bank digital currency, though he has not yet ruled out supporting one. CBDCs were a hot topic during a hearing before the Se...
Binance exchange become official sponsor of AFCON
TL;DR Breakdown Binance exchange becomes official sponsors of AFCON 2021. Exchnage wants to improve financial inclusion in Africa through sponsorship. Binance, the world’s leading blockchain ecosystem...
Illumina, Rivian, Juniper Networks and more
Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued a 2022 revenue outlook that exceeded consensus analysts’ estimates, noting strong demand for its gen...
Anfernee Simons Is Turning Himself Into A Long-Term Asset
PORTLAND, OREGON – JANUARY 07: Anfernee Simons # 1 of the Portland Trail Blazers shoots the ball … [+] over Lamar Stevens # 8 of the Cleveland Cavaliers during the second half at Moda Cent...
Jerome Powell says report on digital currencies is ready to go
The US Federal Reserve Chair Jerome Powell today said that the government report on cryptocurrencies is expected to come out “within the next few weeks”. However, answering questions from Senator Mike...
A look into tokenised securities
January 11, 2022, 3:11PM EST • 10 min read Quick Take Tokenised securities first launched in December 2020 but are still struggling to gain traction with users. Mirror Protocol historically dominates ...
USDC circulation on Tron has topped a massive $620 million
The Tron network is getting a massive boost as the number of circulating quantity of USDC on the Tron network has topped $620 million. TRX developers will be able to access the whole payment suite sto...
Fed Vice Chair Clarida to step down early following scrutiny over his trades during pandemic
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds. In an announceme...
Here’s how to make sure a Covid test you buy online isn’t fake
Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out o...
Back Market Raises $510 Million For Reselling Old Electronics
Electronics refurbishing giant Back Market has raised a massive $510 million series E funding round at a $5.7 billion valuation, the company will announce tomorrow. This comes just eight months after ...
Alibaba Chairman Daniel Zhang Exits Second Board In Two Weeks
Alibaba Group Chairman Daniel Zhang. Photographer: Jason Alden/Bloomberg © 2020 Bloomberg Finance LP Less than two weeks after leaving the board of directors at troubled Beijing ride-sharing app Didi ...
Jason Snipe reveals his top two stock picks for 2022
Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and to take control of their financial futu...
Elrond price analysis: EGLD price recovers to $204, gaining 7.4 percent overnight
TL;DR Breakdown Elrond price analysis is bullish today. Resistance for EGLD is present at $212. Support is present at $198. The Elrond price analysis is bullish for today as the bulls have covered an ...
Retailers see staffing challenges as omicron rages, sales taking a hit
A “now hiring” sign is posted on an Urban Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Retail executives presenting at the virtual ICR Conference this we...
Empty grocery shelves return as sick employees, supply chain delays collide
Bread aisle shelves at a Target are seen nearly empty as the U.S. continues to experience supply chain disruptions in Washington, U.S., January 9, 2022. Sarah Silbiger | Reuters Empty shelves have ret...
Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
Walmart And Target Think Americans Need Help Uncluttering Their Lives
Americans need some sorting out. It would be difficult to get any other message from recent announcements made by both Walmart WMT and Target TGT about new product line launches that their respective ...
How To Trade Netflix From Bear Market Territory
(Photo by Chesnot) Getty Images Netflix NFLX traded to its all-time intraday high of $700.99 on November 17. Since then, the stock traded as low as $526.32 on January 10, down 24.9%. The media company...
Citadel Securities just raised $1.15 billion: detailed here
Citadel Securities received its first outside investment that valued it at nearly $22 billion, said the Wall Street Journal on Tuesday. Citadel Securities raised $1.15 billion Venture capital companie...
Polygon price analysis: Bulls rallies towards $2.32 after a swift revival
TL;DR Breakdown The Polygon price analysis is bullish. Resistance for MATIC is found at $2.35. Support is present at $2.25. The latest Polygon price analysis is strongly bullish as it shows the crypto...
Majority of Shiba Inu Holders Now Nursing Losses Amid SHIB’s Sustained Downtrend, According to Insights Firm IntoTheBlock
Only a minority of Shiba Inu (SHIB) holders are currently in profit as the meme coin rests nearly 70% off its all-time high, according to cryptocurrency analytics platform IntoTheBlock. To determine w...
France reports new Covid infection record with omicron spreading
Emmanuel Macron, France’s president, removes his face mask during a news conference. Bloomberg | Bloomberg | Getty Images France saw its Covid-19 infection rate hit a new record on Tuesday as th...
Fintech start-up MX names new CEO as firm prepares for sale or IPO
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC ha...
‘She has no life insurance, savings or money’: My brother died, leaving his wife with $20,000 in debt. How can I help her?
Dear Quentin, My sister’s husband died last week. They had both lived with us for the previous nine years before moving into an independent living facility. They were there for two and a half months b...