(Bloomberg) — It took a jury seven full days to conclude that Theranos Inc. founder Elizabeth Holmes was guilty of four counts of fraud after a three-month trial. The startup world had been watc...
Category: Finance
Live Finance News Updates.
NFTs to be used by ruling South Korean party to fundraise elections
TL;DR Breakdown Non-Fungible tokens will be issued for the DPK election fundraiser. Former Minister of SME announced its support for NFT Based Funding As per the recent news update, the current Democr...
CDC adds testing guidance to shortened Covid isolation recommendation after facing criticism
People wait in line for COVID-19 testing at Kedren Community Health Center on Wednesday, Dec. 29, 2021 in Los Angeles, CA. Gary Coronado | Los Angeles Times | Getty Images The U.S. Centers for Disease...
Stock futures are flat after the Dow notches a record close
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images Stock futures were flat in overnight trading Tuesday af...
Twice Joins Blackpink And Loona With Their First Radio Chart Hit In America
SEOUL, SOUTH KOREA – JANUARY 31: (EDITORIAL USE ONLY) (SOUTH KOREA OUT) In this handout image … [+] provided by The Sports Seoul, TWICE attend the 30th High1 Seoul Music Awards on January ...
Billionaire-Backed Private Equity Giant TPG Targets Up To $9.5 Billion Valuation In Highly Anticipated IPO
Topline Storied buyout firm TPG unveiled new details for its looming initial public offering, disclosing on Tuesday it hopes to raise as much as $877 million—nearly nine times the figure it teased les...
Should I buy Ford Motor shares after a positive view from Bank of America?
Ford Motor (NYSE: F) shares have advanced more than 10% this Tuesday, and there is a possibility to break over $25 for the first time since 2001. Bank of America has a positive view for the shares of...
Warren Buffett is ready to ride out 2022 with these dividend stocks — 3 picks to help you prioritize safety this year
Warren Buffett is ready to ride out 2022 with these dividend stocks — 3 picks to help you prioritize safety this year Everyone wants to buy low and sell high. But with so many stocks already trading a...
Why DeFi platform WonderFi is acquiring Bitbuy
WonderFi Technologies, a Vancouver-based decentralized finance (DeFi) platform, announced today that it will acquire Toronto-based crypto exchange Bitbuy for around $206 million CAD ($162 million USD)...
KFC to launch plant-based fried chicken made with Beyond Meat nationwide
KFC’s new Beyond Fried Chicken KFC KFC restaurants nationwide will add Beyond Meat’s plant-based chicken to its menus, starting Monday for a limited time. The national launch comes after y...
New England Patriots’ Josh McDaniels Likens Kendrick Bourne To ‘A Light Switch That Never Goes Out’
Veteran wide receiver Kendrick Bourne stands with 52 receptions for 776 yards and five touchdowns in … [+] his initial season with the New England Patriots. (Photo by Fred Kfoury III/Icon Sports...
Introducing The 2022 Dobermans Of The Dow
New York, USA: The illuminated Dow Jones sign in times square late in the night as the latest news … [+] streams on the led board. getty Four years ago, I introduced Forbes readers to a stock st...
MillerKnoll reports weaker-than-expected results for Q2
Shares of MillerKnoll Inc (NASDAQ: MLKN) fell 7.0% in after-hours trading after the furniture maker reported quarterly results that came in shy of Wall Street estimates. Key takeaways from MillerKnoll...
Ray Dalio Says Cash, Bonds ‘Stupid to Own’ Amid Money Printing
(Bloomberg) — Ray Dalio renewed his warning about holding cash and bonds on Tuesday amid the ongoing, pandemic-fueled increase in debt creation and monetization in the U.S. Most Read from Bloomb...
The Block Research’s Analysts: 2022 Predictions
Larry Cermak, VP of Research Arbitrum, Optimism, Starknet, and zkSync all release their tokens in H1 2022, and they will outperform similarly to Layer-1s (L1s) in 2021. Token incentives will cause the...
Tether freezes account holding over $1m USDT
TL;DR Breakdown Tether block address holding $1M. Stabecoin issuer says it is working with law enforcement to nab bad actors. Stablecoin issuer Tether has locked a particular address where over $1mill...
Omicron makes up 95% of sequenced Covid cases in U.S. as infections hit pandemic record
At the Covid testing site on Broadway in Santa Monica, the wait was at least 45 minutes long even with an appointment on Monday, Jan. 3, 2021. Carolyn Cole | Los Angeles Times | Getty Images The omicr...
Jan. 6 Committee Asks Sean Hannity To Cooperate With Capitol Riot Investigation
Topline The House committee investigating the January 6 attack on the U.S. Capitol is planning to reach out to Fox News host Sean Hannity, turning to one of the most prominent conservative figures in ...
Protect Your Muni Bond Portfolio From A Tornado’s Ravages
Tornadoes Rip Through Alabama (Getti) Getty Images I haven’t written about natural disasters affecting municipal bonds since 2019. The recent Kentucky tornados jolted me to pen this. When disasters ha...
Baird sees a 50% upside
Shares of Under Armour Inc (NYSE: UAA) have lost more than 20% in less than two months, but Baird says expect a strong rebound in the coming months. Baird adds UAA to its list of top ideas for 2022 In...
Pfizer Stock Topples Despite New CDC Guidance For Covid Boosters
Pfizer stock continued a two-day dive Tuesday even after the Centers for Disease Control and Prevention shortened the window for its Covid booster to five months. X The CDC decision impacts all recipi...
Polygon Price Prediction: What’s for 2022?
What do you think will be the top project for #Polygon in 2022? Which projects do you want to see more of on #Polygon through 2022? — Polygon | $MATIC ? (@0xPolygon) January 4, 2022 The live Polygon p...
Macy’s cuts store hours at all of its stores as Covid cases spike
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s is shortening store hours for the rest of the month as coronavirus cases spike in the United Sta...
Foot Locker, Under Armour and more
Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – The athletic footwear and apparel retailer dropped 3.9% in the premarket after J.P. Morgan Securities downgraded it to &#...
‘Afterlife’ Proves Foreign Moviegoers Don’t Care About ‘Ghostbusters’
Ghostbusters, Ghostbusters: Answer the Call and Ghostbusters: Afterlife Ghetty and Sony Sony’s Ghostbusters: Afterlife arrives on electronic sell-through (i.e. – “priced to buy VOD”) this mornin...
How To Trade Nvidia In Correction Territory After Setting A New All-Time High
Nvidia getty Nvidia NVDA set its all-time intraday high of $346.47 on November 22 and is now in correction territory, down 17.2% when it tested its quarterly pivot at $286.87 on January 4. If this key...
Here’s why the ‘biotech’ space could outperform in 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...
2 “Strong Buy” Stocks With Short Squeeze Potential
We talk a lot about the ways to make money in the market, and there’s usually an unspoken assumption that most investing is undertaken as a positive move. It’s a move to buy into a stock, assessed as ...
Decentraland price analysis: MANA fails to pick up following end-December dip
TL;DR Breakdown Decentraland price decreased another 2 percent over 24 hours to move as low as $3.15 Any movement towards $3.01 support would set significant sell offs in motion Price has been unable ...
Macau Casino Licenses Expire First Time In 20 Years, China To Leverage This For Implementing Digital Yuan
Regulators of China plan to initiate experiments of using digital yuan in casinos in Macau, as casinos start to bid on new licenses. As per reports, the huge market of casinos estimates about 90% of t...