An activist investor wants to add new members to Hasbro’s board and is urging the toy company to make changes to its current business strategy, including spinning off its lucrative Wizards of th...
Category: Finance
Live Finance News Updates.
BTS’s Jung Kook Is Headed For A Big Hit On The Charts, But His Bandmate Suga Isn’t (At Least Not Officially)
INGLEWOOD, CALIFORNIA – DECEMBER 06: (EDITORIAL USE ONLY. NO COMMERCIAL USE.) Jungkook of BTS … [+] performs onstage during 102.7 KIIS FM’s Jingle Ball 2019 Presented by Capital One ...
Shopify Suffers Biggest Drop Ever on Slowing Growth Outlook
(Bloomberg) — Shopify Inc. plunged 17% in Toronto, the most ever, after giving a weaker outlook for growth this year, as online spending resets and consumers face higher inflation. Most Read fro...
DOJ Sues Missouri Over Law Declaring Some Federal Firearm Rules ‘Invalid’
Topline The Department of Justice filed a lawsuit Wednesday to prevent Missouri from enforcing a law declaring some federal firearm rules “invalid,” which the department says has hindered law enforcem...
Intel purchasing Israeli Tower for $5.4 billion
Intel Corporation (NASDAQ: INTC) purchases a chipmaker tower based in Israel for $5.4 billion. This purchase will give Intel Corp access to more innovative and specialized production processes. In add...
Fastly Shares Swoon as Guidance Misses Estimates
Text size Dreamstime Fastly shares are trading sharply lower in late trading Wednesday after the content delivery network operator posted solid results for the fourth quarter, but provided guidance fo...
Investing In Young Players Could Be Smart Plan For Clippers
MEMPHIS, TENNESSEE – FEBRUARY 08: Luke Kennard #5 of the Los Angeles Clippers brings the ball up … [+] court during the game against the Memphis Grizzlies at FedExForum on February 08, 202...
Nvidia reports Q4 results: ‘it was a significant beat and raise quarter’
Nvidia Corp (NASDAQ: NVDA) on Wednesday said its profit doubled as sales hit a record high in the fiscal fourth quarter. Shares still slipped 2.0% despite strong guidance for the future. Q4 res...
DoorDash Stock Soars After Earnings Report
DoorDash (DASH) reported fourth-quarter results late Wednesday that missed earnings estimates but beat on revenue, and it came with a first-quarter outlook above expectations. DoorDash stock soared on...
The 10 Bestselling Songs In Korea In January 2022
SEOUL, SOUTH KOREA – FEBRUARY 12: Taeyeon of South Korean girl group Girls’ Generation performs … [+] onstage the SM Entertainment The Ballad Vol.2 Joint Recital at COEX on February ...
Is the Tesla stock bouncing back as it had two strong green days?
Recently we have seen a lot of flash crashes in Tesla, Inc. (NASDAQ:TSLA) stock; the stock would dive off a cliff and lose three, four, or five-plus percent in a matter of minutes. However, these cras...
Minutes show Fed ready to raise rates, shrink balance sheet soon
Federal Reserve officials set plans into motion at their most recent meeting to begin raising interest rates and shed the trillions of dollars in bonds on the central bank balance sheet, according to ...
Mental Illness Risk Soars After Covid Infection, Study Finds — Even With Milder Cases
Topline People with Covid-19 are much more likely to be diagnosed with a mental health disorder or be prescribed a mental health-related drug up to one year after infection, according to a new peer re...
Gold On Its Way To $3,000 An Ounce
Gold going up getty It is a sign of how broken markets are that it takes a 7%-plus U.S. inflation print and the Ukraine crisis to kick gold into life. Some people try to explain the sluggish trading o...
Will Alibaba beat earnings expectations?
Alibaba Group Holding Limited (BER:2RR) is expected to report earnings in the course of this week. So, what could potentially happen with Alibaba stock when the earnings are finally out? To understand...
QuantumScape Stock Is Down After Reporting Earnings. It’s Hard to Say Why.
Text size A QuantumScape lab. Courtesy QuantumScape Stock in electric vehicle battery technology provider QuantumScape is dropping after the company reported fourth quarter results Wednesday evening. ...
Jeremy Dela Rosa’s (Leyline) appearance on Web3 Masterminds
Jeremy Dela Rosa, the founder and CEO of Leyline, a community focused on addressing extreme poverty and creating sustainable income through crypto and web3 technologies, has been announced as the gues...
Stock futures are little changed as investors weigh earnings, Fed and geopolitics
Traders work on the floor of the New York Stock Exchange (NYSE) on February 16, 2022 in New York City. Spencer Platt | Getty Images Stock futures were little changed in overnight trading as investors ...
Mariah Carey To Face Defamation Suit From Her Brother But Judge Tosses Most Claims
Topline A New York judge Tuesday threw out most of the claims in a defamation lawsuit against singer Mariah Carey brought by her brother Morgan over the pop star’s memoir, but allowed the suit to proc...
These Were The Best-Performing Hedge Funds Reporting To One Platform In January
Global hedge funds, as represented by the HFM Global Composite Index, declined 1.2% month over month and year over year, according to data from With Intelligence. However, they did better than the U.S...
These are the best stocks to watch despite increasing inflationary pressures
Inflation has remained one of the key concerns for investors around the world. We have seen market sell-offs not just in equities but also in crypto. We do not expect these inflationary pressures to e...
Nvidia Underwhelms in First Results Since Scrapping Arm Deal
(Bloomberg) — Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectation...
Coinbase, Robinhood, Kraken and Other Top Exchanges Join New Anti-Money Laundering Organization
A slew of prominent exchange platforms are joining a new anti-money laundering initiative. According to a recent blog post by leading crypto exchange Coinbase, it and other popular trading platforms s...
Cisco, DoorDash, Fastly and more
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell: DoorDash — D...
Fewer Americans Now Want To Prioritize Racial Issues And Poverty Than In 2021, Study Finds
Topline Fewer Republicans and Democrats think racial issues and poverty should be top policy priorities compared to a year ago, according to a study published Wednesday by Pew Research Center, as conc...
Top 2 stocks to consider before Fed interest rate hikes this year
The Fed has announced that there will be rate hikes this year. We are not sure how many but there is talk that the central bank will be more aggressive. This comes as inflation continues to be a huge ...
QuantumScape stock falls after EV battery maker’s Q4 loss
Shares of QuantumScape Corp. QS, -2.97% fell more than 6% in the extended session Wednesday after the maker of solid state lithium metal batteries for electric cars posted a wider-than-expected quarte...
Biden administration has close eye on private equity, other ‘alternative’ investments
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Biden administration i...
Hollywood Keeps On-Set Covid Protocols As Restrictions Ease Elsewhere—Including In Los Angeles
Topline Covid-19 protocols on film and TV sets throughout the country will remain in place through April 30, the major Hollywood unions announced Wednesday, as California and other states relax their ...