Beyond Meat Inc’s (NASDAQ: BYND) rival Impossible Foods Inc on Monday said it dismissed a few of its employees in January as part of organisational changes to optimise operations. Less than 15 empl...
Category: Finance
Live Finance News Updates.
Stock futures are little changed after volatile session
U.S. stock index futures were little changed in overnight trading Monday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory...
Tom Ford Cancels New York Fashion Week Show Because Of Covid-19
Topline Tom Ford has canceled its upcoming New York Fashion Week show because of problems caused by the Covid-19 pandemic, according to several reports, one of the latest live events to be called off ...
Microsoft Crosses Below Key Moving Average Level
In trading on Monday, shares of Microsoft crossed below their 200 day moving average of $292.58, changing hands as low as $276.05 per share. Start slideshow: 10 Stocks Crossing Below Their 200 Day Mov...
2 Stocks every investor should consider shorting this week
We have identified names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks and appropriate recent actions,...
Steel Dynamics Earnings Top As Steel Stocks Try To Forge Rebound
Steel Dynamics (STLD) kicked off a big week of steel earnings after Monday’s close. STLD stock fell in late trading after rebounding Monday with other steel stocks that have been hard hit. While...
NASA’S $10 Billon Webb Telescope Arrives
Topline The James Webb Space Telescope arrived at its final destination Monday afternoon – after traveling 1 million miles through outer space – where it will collect data and capture images of the ea...
AT&T Dividend Yield Pushes Past 8%
In trading on Monday, shares of AT&T were yielding above the 8% mark based on its quarterly dividend (annualized to $2.08), with the stock changing hands as low as $25.79 on the day. Start slidesh...
These 2 “Strong Buy” dividend stocks yielded at least 7%, time to buy?
We’re in the midst of a market shift from a growth-oriented trading environment to one that supports value-oriented stocks. Investors should be cautious since the transition will inevitably result in ...
IBM Earnings Are Strong as Turnaround Takes Hold
Text size IBM sales were up 6.5% in the fourth quarter, to $16.7 billion. Ethan Miller/Getty Images IBM posted strong results Monday for its fourth quarter, with its best sales growth in more than a d...
Mexican designer uses NFTs for his next clothing designs
TL;DR Breakdown • The Mexican fashion designer Encinas is expanding his popularity in the NFT trade.• Gerardo Encinas auctions his first non-fungible pieces starting at $100. Gerardo Encinas, a famous...
Stratis Launches Stratisphere, the World’s First Feeless NFT Platform
January 24, 2022 – London, United Kingdom Stratis, the decentralized layer one blockchain that enables users to create and test new DApps, has just launched the world’s first completely feeless NFT pl...
Giving Moms Money Can Boost Babies’ Brain Activity, Study Finds
Topline Giving mothers an unconditional cash gift of $333 each month may result in their children displaying increased brain activity, according to a study of 1,000 low-income mother-infant groups pub...
Francis Gannon’s best bet against inflation
Fear of aggressive rate hikes has the Russell 2000 down more than 10% YTD, but Royce Investment Partners’ Francis Gannon is convinced the small-caps are the best bet against inflation for the lo...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...
Netflix, Kohl’s, Wynn Resorts, General Motors and more
Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant fell 2.6% after Jefferies downgraded the stock to hold...
Why The Media Narrative About Manchester City’s ‘Domination’ Is Nonsense
Manchester City’s English midfielder Jack Grealish (C) reacts on the pitch after the English Premier … [+] League football match between Southampton and Manchester City at St Mary’s ...
Stock Market ‘Panic Is Setting In’ As S&P 500 Briefly Enters Correction Territory Then Rebounds
Topline The stock market plunged earlier today—with the S&P 500 briefly falling into correction territory—before rebounding in volatile trading as investors worry about rising interest rates and a...
Why Warren Buffett’s Berkshire stock will boom in 2022
Although it’s been a rough decade for Warren Buffett’s Berkshire Hathaway (NYSE:BRK.B), 2022 may be the company’s comeback year as value stocks have rebounded in recent months. Berkshire has even outp...
Following CFTC settlement, prediction platform Polymarket geoblocks trades in the US
advertisement Blockchain-based predictions market Polymarket has added a geoblock to keep US users from trading on the platform. A representative for the firm said of the measure: “U.S. residen...
Myanmar junta crackdown on cryptocurrencies
TL;DR Breakdown Myanmar junta places ban on cryptocurrencies. Violators of ban to face 6 months to1 year prison sentence. Myanmar locals against ban on cryptocurrencies. The Myanmar military junta has...
Solana Updates to Version 1.8.14 Following Three Days of Degraded Performance
Issues involved excessive duplicate transactions Network congestion comes amid broad crypto market selloff Engineers have released version 1.8.14 Solana blockchain has been refreshed to variant 1.8.14...
Short sellers are up $114 billion this year with winning bets against Tesla and Netflix
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish b...
Josh Allen And Patrick Mahomes Set Off A Bright Future For The NFL, And Their Bank Accounts
Patrick Mahomes and Josh Allen signed the two largest deals in NFL history, according to Spotrac. Scott Winters/Icon Sportswire via Getty Images You could see every ounce of disbelief on Josh Allen’s ...
2021 Winners Win Again Overnight
China Last Night KraneShares Key News Asian equities were largely off though Japan, China, and Taiwan were in the green while India was hit harder than most. Ukraine/Russia tension, Fed hikes, and the...
Pro: Fed is NOT what’s driving the market sell-off
The benchmark S&P 500 index is now down more than 10% for the year, and Bahnsen Group’s chief investment officer says thanks to the sell-off, there’s plenty that is on sale now. Bahnse...
IBM Earnings Report: Here’s What To Expect
IBM (IBM) announces fourth-quarter results Monday, the tech giant’s first earnings report since spinning off Kyndral, its information-technology services business. The IBM earnings report arrive...