Text size AMC Entertainment stock was down 7% in early trading Friday. Angela Weiss / AFP via Getty Images AMC Entertainment, Cinemark, and other movie theater stocks tumbled on Friday after The Wall ...
Category: Finance
Live Finance News Updates.
What this week’s retail earnings tell us about Costco, Amazon and Apple
Target (TGT) missed on earnings. Lowe’s (LOW) provided mixed results. Home Depot (HD) fared better. Walmart (WMT) beat estimates but warned its customers were focusing more on lower prices. Resu...
Chainalysis midyear report shows scams are down, but hacks are up
Fewer people than ever are falling prey to crypto scams, while hacks and stolen funds are trending upwards, new data show. Crypto analytics firm Chainalysis released its midyear report yesterday, show...
Charlie Sheen Beats IRS, Slashes $7M Tax Bill To $3.3M
Actor Charlie Sheen has owed the IRS millions for years and has long been trying to hold them at bay. Convincing the IRS they are wrong is not easy, especially where the IRS has discretion, and where ...
Solana price analysis: SOL stable at $36.94 after a bearish run
Solana price analysis reveals SOL prices are still holding above $36.94 amid the bearish winds. Solana movement over the last 24 hours shows the prices opened the daily trading session at lows of $42....
The Countries Most In Debt To China [Infographic]
Countries heavily in debt to China are mostly located in Africa, but can also be found in Central Asia, Southeast Asia and the Pacific, data from The World Bank shows. China is currently the preferred...
Is GameStop’s meme rally over, or the stock carries some juice to be squeezed?
If you love GameStop Corp (NYSE:GME), you already know how hard it is to catch lasting momentums. However, it is one of those stocks that tend to return massively after a simple call on Reddit. That i...
Billionaire George Soros Pours Money Into These 2 ‘Strong Buy’ Stocks
In the world of stock legends, George Soros stands out. While his political activities have been a lightning rod for controversy, no one can doubt his financial acumen. After all, he’s the ‘man who br...
Best Twitter thread of the day – August 19th
Do you know a simple signature in Metamask can drain your wallet? Do you know a simple signature in Metamask can drain your wallet? A very experienced user (top 10 by Degen Score) lost almost 500k USD...
Celer Network Paused The Bridge Over Possible DNS Hijacking
Celer Network suggested users withdraw token approvals for smart contracts. The project’s initial analysis reported a suspicious DNS activity around 7:00 pm UTC on Wednesday. C...
Apple Security Flaw Could Let Hackers Control iPhones, iPads And Macs—What You Need Know And How To Fix It
Topline Apple has warned of serious security flaws for iPhones, iPads and Macs that could allow hackers to take complete control of devices and may have been “actively exploited,” urging customers to ...
Tether’s total assets fell by over $15B in Q2: report
Tether’s total assets as of the end of the last quarter stood around $66.4 billion, the USDT issuer said in its latest quarterly assurance report. The stablecoin issuer, whose USDT token is the larges...
Top tweets of the day – August 19th
BAYC liquidations appear imminent Looks like we are going to start to see the #BAYC liqs Which I knew nothing about until today after reading a thread and becoming an expert and I know nothing a...
China issues first national drought emergency scorching temperatures
The Jialing River bed at the confluence with the Yangtze River is exposed due to drought on August 18, 2022 in Chongqing, China. Vcg | Getty Images China issued its first drought emergency this year a...
Jennette McCurdy Reacts To The ‘Overwhelming’ Response To Her New Bestselling Memoir ‘I’m Glad My Mom Died’
Jennette McCurdy Brian Kimsley/Simon & Schuster Whether you followed her rise to stardom as a young comedy actor or not, Jennette McCurdy has defiantly overcome the many hardships put in her path ...
Cineworld Shares Plunge More Than 50% After Report Of Looming Bankruptcy, AMC Falls
Topline The world’s second largest movie theater chain and owner of Regal Cinemas, UK-based Cineworld Group, saw its stock plunge over 60% on Friday after The Wall Street Journal reported that the com...
General Motors reinstates dividend and boosts share repurchase
General Motors Company (NYSE: GM) is in the green this morning after the legacy automaker reinstated its quarterly cash dividend and announced an upsized stock buyback programme. GM to buyback $5.0 bi...
TheStreet’s Doug Kass: Don’t Be Fooled by Stock Rally
The stock rebound since mid-June has turned some investors bullish on the market. Doug Kass, a columnist for TheStreet.com’s Real Money Pro, isn’t one of them. “The swiftness and size of the rise in ...
How Significant Recovery of Acala’s Stolen 3 Billion aUSD?
On August 14th, 2022, decentralized finance network Acala got under a digital attack. During the attack, the hacker entered the ecosystem and started minting tonnes of its native stablecoin aUSD. Afte...
Inflation peaking? 10 common consumer items where prices are falling
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images July’s consumer price index report finally showed a sign of potential relief...
Bed Bath & Beyond, Foot Locker and more
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading. Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty hea...
Director Han Jae-Rim Honors Acts Of Bravery In ‘Emergency Declaration’
Song Kang-ho plays a detective trying to save the plane his wife is flying on. Well Go USA Disaster films are very interesting, said Han Jae-rim, director of the Korean box office hit Emergency Declar...
Massive Short Squeeze Behind Stock Rally Showing Signs of Ending
(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. It’s the behavior of short sellers, whose frantic efforts to unwind bearish wagers created bu...
Re: My Opinion on the Acrimonious Divorce Between Next Earth’s Current CEO, Gabor, and Former CMO, Yann
Taking on establishments is never an easy task. That is why most people don’t bother, except for a handful of individuals with the resources and connections to go head-to-head with these multinational...
AI Ethics Wary About Worsening Of AI Asymmetry Amid Humans Getting The Short End Of The Stick
AI Asymmetry is getting larger and one controversial solution seems to be arming more with AI in a … [+] fight fire-with-fire uneasy approach. getty Sometimes you are on the wrong end of the sti...
Foot Locker stock is up 25% on Friday: find out why
Foot Locker Inc (NYSE: FL) is up 25% on Friday after the footwear and apparel retailer reported better-than-expected profit for its fiscal second quarter. Foot Locker Q2 financial highlights Earned $9...
Hedge funds pile up $125 billion bet against the S&P 500’s big summer rally
A more than $125 billion institutional short position has been building up against the U.S. stock market, driven by hedge funds, according to BNP Paribas. Futures contract data points to a sharp incre...