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Category: Finance
Live Finance News Updates.
FitR to Complete INO and IDO on NFTb using Its DeFi as a Service
FitR, a Web3 lifestyle app promoting healthy and active living, has chosen to complete an INO and IDO with the help of NFTb’s DeFi as a Service. It is indeed an announcement worthy of making, and NFTb...
CVS, Under Armour, Moderna and more
Check out the companies making headlines before the bell: CVS Health (CVS) – The drug store operator and pharmacy benefits manager saw its shares rise 3.8% in the premarket after beating top- and bott...
Credit Suisse hit with stock and credit downgrades after earnings plunge
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse shares slipped on Wednesday after Goldman Sa...
The Juan Soto Mega-Deal Headlines The Trading Deadline In The NL
Washington Nationals’ Juan Soto in action during a baseball game against the St. Louis Cardinals, … [+] Saturday, July 30, 2022, in Washington. (AP Photo/Nick Wass) Copyright 2022 The Asso...
Under Armour rises 7% in premarket after earnings beat
Under Armour (NYSE: UA, UAA) announced on August 3 its unaudited financial results for the first quarter of fiscal 2023. The revenue came in at $1.35 billion, beating estimates by $20 million, but the...
Bill Ackman says Visa ‘tomorrow could shut down MindGeek,’ Pornhub’s parent company that’s facing a lawsuit for profiting off child pornography
Billionaire hedge fund manager Bill Ackman claimed Tuesday that Visa continues to process payments for Pornhub’s parent company, despite reportedly knowing it’s “littered” with child pornography...
Robinhood fined US$30 million for compliance failures
Robinhood, a trading app fined US$30 million The company is already in a loss of $295 million On Tuesday, the department of Financial Services, New York fined US$30 million on Robinhood, a trading app...
Premier League players will limit taking a knee before matches
Players take a knee before a match between Tottenham Hotspur and Leicester City on May 1, 2022. Visionhaus | Getty Images Sport | Getty Images Premier League players will no longer routinely take a kn...
Fed’s James Bullard expresses confidence that the economy can achieve a ‘soft landing’
James Bullard Olivia Michael | CNBC St. Louis Federal Reserve President James Bullard said Tuesday that he still thinks the economy can avoid a recession, even though he expects the central bank will ...
SOL price dips as Solana exploit impacts over 7,000 wallets
Solana (SOL/USD) price dropped on Wednesday morning as an exploit on the Layer 1 network saw a staggering 7,767 wallets impacted. As the attack, which was first flagged on Tuesday, spilled into Wednes...
The housing market correction takes an unexpected turn
The Federal Reserve has a simple inflation-fighting playbook. It goes like this: Keep applying upward pressure on interest rates until business and consumer spending across the economy weakens and inf...
【8/3話題】ソラナ上で大規模ハッキング、マイクロストラテジーCEOが退任し会長へなど（音声ニュース） | あたらしい経済
ブロックチェーン・仮想通貨（暗号資産）・フィンテックについてのニュース解説を「あたらしい経済」編集部が、平日毎日ポッドキャストでお届けします。Apple Podcast、Spotify、Voicyなどで配信中。ぜひとも各サービスでチェンネルをフォロー（購読登録）して、日々の情報収集にお役立てください。 ポッドキャストで紹介したニュース ・ソラナ（Solana/S...
Under Armour (UAA) Q1 2023 earnings and guidance
American multinational clothing brand Under Armour store seen in Hong Kong. Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Under Armour on Wednesday cut its profit forecast for the fiscal y...
Milwaukee Brewers Push On Following Trade Of Star Closer Josh Hader
Milwaukee Brewers relief pitcher Devin Williams (38) plays during the team’s baseball game against … [+] the Cincinnati Reds Sunday, June 19, 2022, in Cincinnati. (AP Photo/Jeff Dean) Copy...
Moderna’s Earnings Are Wednesday. Here’s What to Expect.
Text size Moderna is developing two vaccines for the fall, one for the U.S. and the other for international markets. Sean Gallup/Getty Images As the U.S. prepares for a broad Covid-19 booster campaign...
Yum Brands (YUM) Q2 2022 earnings
A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City. Alexi Rosenfeld | Getty Images Yum Brands on Wednesday reported mixed quarterly results, but said Taco Bell had stronger sales...
Meet The Billionaire Couple Pumping Their Fortune Into Right-Wing Politics
Illinois husband and wife Richard and Elizabeth Uihlein are working to reshape the Right with profits from their privately held shipping products empire. Are they the next Kochs? As Americans increasi...
Tesla Sells, Michael Saylor Steps Down, Can it Get Worse? – Trustnodes
The chief cheerleaders of bitcoin are getting rekt, and some of them are out or halfway there as Michael Saylor is the latest to depart from MicroStrategy as CEO after 33 years of running the company ...
Alibaba and Tencent Face End of an Era as Sales Start to Shrink
(Bloomberg) — For almost a decade, Alibaba Group Holding Ltd. and Tencent Holdings Ltd. embodied China’s economic miracle, sustaining a dizzying pace of growth and approaching trillion-dollar va...
Robinhood set to dismiss 23% of its workforce
Robinhood has announced that it will have to let go almost a quarter of its workers in the coming weeks due to a downturn in fortune. According to the official announcement by the platform, the compan...
ICPort Completes $20M Seed Round and Adopts the Name Web3Port
An engine for Web build projects, Web3Port (formerly ICPort), helps startup companies grow from nothing into something. They aim to establish a transparent, decentralized accelerator alliance that exp...
CVS Health (CVS) Q2 2022 earnings
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health on Wednesday lifted its earnings outlook for the year, after beating Wall Street&#...
Treasury Yields Surge as Fed Officials Quash Policy Pivot Talk
(Bloomberg) — Treasury yields jumped Tuesday after Federal Reserve policy makers’ comments that they’re not close to done fighting inflation prompted traders to reduce bets on rate cuts next yea...
Solana User’s wallets Hacked for Over $8M in a new ongoing attack, Here’s what Phantom users are recommended to do
The Solana network has been hacked after a cyberattack discovered a means to obtain users’ private keys from some wallets. According to Peck Shield Alert, the attack cost customers around $8 million i...
Stop Re-Writing History For Bill Russell, Muhammad Ali And Other Powerful Black Athletes
NBA great Bill Russell gets introduced to the crowd during the NBA Europe Live Tour presented by EA … [+] Sports on October 11, 2006 at the Kölnarena in Cologne, Germany. (Photo by Mansoor Ahmed...
History Says Apple Stock Could Have Another Monumental Month
Tech giant Apple Inc (NASDAQ:AAPL) was flying high last month, The company just shared an impressive fiscal third-quarter earnings turnout, and its stock logged an 18.9% win in July, marking its best ...
China’s Problem Isn’t Nancy Pelosi —It’s Turning Japanese
A staff member counts yuan notes deposited by customers at a bank in Haian, East China’s Jiangsu Province, July 12, 2022. CFOTO/Future Publishing via Getty Images Xi Jinping has a growing list o...
Gucci becomes the first major fashion brand to accept ApeCoin (APE) payments
Gucci a high-end Italian fashion giant, has become the first major brand to accept ApeCoin (APE) payments. Gucci made the announcement yesterday evening through a tweet saying: “Excited to announce th...