(Bloomberg) — Alibaba Group Holding Ltd. fell for a third straight day as investors assessed the impact of Jack Ma reportedly ceding control of his fintech arm, and as worries over its earnings ...
Category: Finance
Live Finance News Updates.
Monkeypox Symptoms Are Different From Previous Outbreaks, Doctors Warn
Topline People infected with monkeypox during the ongoing global outbreak are displaying symptoms not typically associated with the viral infection, according to research published in the British Medi...
Should you roll over your 401(k) to an IRA? Here are 3 tips for this key retirement decision.
In his classic tune “Roll Over Beethoven,” Chuck Berry famously belted: “Roll it over then move on up.” Well, if you’ve saved for years in a 401(k) plan, you’ll want to know how — or whether — to roll...
LIV Golf Reshuffles Top Earners And Sends Pay Soaring
Thanks to Saudi Arabia’s bottomless well of petrodollars, LIV Golf has boosted the earnings of the top ten golfers by an estimated $370 million since June, bringing their combined haul to a record $65...
‘I Understand What My Body And Mind Want’
Kevin De Bruyne, one of the world’s best players, is relaxed about the upcoming season but has an … [+] eye on the long-term future. (Photo by Matt McNulty – Manchester City/Manchest...
Roku drops by 25% in after-hours trading due to Q2 earnings miss
Roku (NASDAQ: ROKU) sunk by 25% in after-hours trading on July 28, following a miss on their Q2 earnings report. A slowdown in TV advertising spending due to various macro headwinds spooked investors ...
USD/JPY forecast: A drop to 130 cannot be ruled out
The USD/JPY price crashed to the lowest level since June 17th as the recent dollar momentum faded. The pair dropped to a low of 132.35, which is about 4.51% below the highest level this month. J...
When will the Fed stop raising interest rates? The ‘terminal rate’ may still be far off
The U.S. economy is somewhere in the middle of the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed ...
Bitfinex Launches Subscription-Free Access to Santiment’s Premium On-Chain Analytics
The British Virgin Islands, July 29 2022 – Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will provide free access to Santiment (https...
Why Stocks May Be Past The Worst For A While
NEW YORK, UNITED STATES: A pedestrian passes in front of a statue of a bull in the Wall Street area … [+] in New York City where rains from Hurricane Floyd hit 16 September, 1999. Floyd made lan...
USGA Completes U.S. Championship Map With Senior Women’s Am In Alaska
Alaska becomes the final U.S. state to host a USGA national championship, with the Senior Women’s … [+] Amateur being played at Anchorage Golf Course. USGA The United States Golf Associati...
The Strategy Rich People Are Using to Max Their Roth IRAs
A mega backdoor Roth is a unique 401(k) rollover strategy that’s designed for people whose incomes would ordinarily keep them from saving in a Roth Individual Retirement Account. The advantage of usin...
Merit Circle and Saga Protocol Enter Into Partnership
Merit Circle has announced its partnership with Saga Protocol, where Saga Protocol commits to bringWeb3 infrastructure to the table, making it better for game developers and the Web3 community. Merit ...
Chinese Billionaire Jack Ma To Cede Control Of Fintech Giant Ant Group: WSJ
Jack Ma takes part in the “Valuing What Matters” Plenary Session during the third day of the Clinton Global Initiative’s 10th Annual Meeting at the Sheraton New York Hotel & Towe...
Jack Ma Escapes Beijing’s Crosshairs by Giving Up His Power
(Bloomberg) — Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the en...
Ripple (XRP) Analysis: How Will XRP Become a Favorable Investment in the Coming Years?
The cryptocurrency market is much more volatile than other financial markets. There are many trustable assets, which have given great returns over the years. Everyone knows Bitcoin as the market leade...
Why Alex Sandro Epitomises The Demise Of Juventus Over The Past Few Seasons
Cristiano Ronaldo points out Alex Sandro. Getty Images Heading into the 2017 Champions League Final, very few full-backs were held in as high regard as Alex Sandro. The left-footed Brazilian had been ...
Gold Mining Company Newmont Selloff ‘Overdone’ After Q2 Results, This Analyst Says While Upgrading Stock
Bloomberg China Decouples Further From US as Benchmark Rate Trails Fed (Bloomberg) — For the first time ever, China’s central bank is offering lenders short-term cash at a lower cost than its US...
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Vale Earnings Disappoint as Miners Grapple With Stagflation
(Bloomberg) — Vale SA struggled more than expected with deteriorating iron ore conditions last quarter, delivering earnings that trailed estimates on rising costs and weaker prices of the steelm...
OraiDEX Streamlines the Process to Bridge Assets
OraiDEX now sports a more user-friendly interface streamlining the process to bridge assets to Oraichain Mainnet. The announcement was made by publishing a blog post. Oraichain is an AI-powered oracle...
Zipmex files for protection against creditors in Singapore
Troubled South Asian crypto exchange Zipmex has filed for protection against creditors in Singapore as it faces a liquidity crunch. Announcing the news on Wednesday, Zipmex said its solicitors Morgan ...
Gold Remains Relatively Cheap, Here’s Why
It’s increasingly looking like gold bulls will not be taking back this market any time soon. After a bright start that saw gold prices touch all-time highs amid the Ukraine crisis and a commodit...
FIL/USD breaks out at $5.96 as bullish succession continues
Filecoin price analysis reveals that the FIL/USD pair has started to gain bullish momentum after a period of consolidation at around $5.60. The daily chart shows that the price has broken out of a des...
Amazon warns of hiring slowdown after second consecutive loss
Jeff Bezos – Jordan Strauss/Invision/AP Amazon is putting the brakes on its global recruitment spree after reporting its second loss in a row. However investors seized on rising sales to send sh...
Cardano price analysis: ADA rallies to $0.528 as bulls overcome the bearish pressure
The current Cardano price analysis is showing signs of bullish activity as the price has increased considerably since the last week. The price has been uplifted to $0.528 as a result of the bullish pr...
Chinese Grocery Startup Missfresh Faces Cashflow Crisis As Suppliers Protest
A driver packs delivery orders into the back of an electric motorcycle outside a Missfresh warehouse in Beijing, on August 11. 2020. Gilles Sabrie/Bloomberg Missfresh, a Chinese grocery delivery start...
Have retirement savers been fooled by the bull market?
Today in Weird Retirement News: 75% of those currently saving through a workplace plan, such as a 401(k), are apparently expecting to make it through their entire golden years without even having to t...
Opinion: Which Intel CEO is to blame for the current woes? Or is it actually AMD’s CEO?
As Intel Corp. investors try to parse through the wreckage of its disastrous second quarter, one nagging question will not go away: Which chief executive is to blame for the debacle — current CEO Pat ...