A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Mortgage demand edged lower for the fourth straight week, according to data released...
Category: Finance
Live Finance News Updates.
Japan Is Now Reporting More Covid Cases Than Any Other Country
Topline Japan is reporting nearly 200,000 Covid-19 cases a day—more than any other country in the world currently—while its government has refused to impose stringent pandemic restrictions, as the cou...
Harmony to mint over 2 billion ONE tokens to compensate $100m hack victims
The Harmony blockchain network has issued a new proposal that will see the platform developers issue ONE tokens to compensate victims of its Horizon bridge hack in June. In an announcement published o...
‘Soul-crushing’ sell-offs ‘may be delayed until late summer’
By summer end, Mr. Market could be back to taking souls. But a few more weeks, one top Wall Street strategist argues, conditions are in place for July’s rally to be extended, “We had expec...
Wait for market to decline more before putting cash to work
CNBC’s Jim Cramer on Tuesday told investors to wait for the market to retreat more before doing any buying. “The stock market, in its entirety, is still too high, so we have to let the ave...
Boeing, Hilton, Spotify, Garmin and more
Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported po...
How Bill Gates-Backed Republic Services Turns Trash Into Big Cash
Garbage was the ultimate commodity business until a young McKinsey consultant saw how Republic Services could transform itself into a profit machine by pricing all sorts of trash at a premium. Now he’...
Ecolab on a buy zone as Q2 results surpass estimates amid a stock upgrade
Ecolab Inc. (NYSE:ECL) closed down 2.70% on Tuesday after its Q2 financial report. The company posted earnings per share of $1.10, below $1.22 in the prior year. The earnings were still more than esti...
Polygon price analysis: MATIC value increased by 6%
Polygon price analysis reveals that the cryptocurrency has been following a bearish trend displaying further opportunities for reversal activities, with the price of MATIC/USD moving under the $0.82 m...
Logitech CEO says customers will come back in the fall after first-quarter earnings miss
Customers who are spending their summers traveling will come back to purchase tech equipment in the fall, Logitech CEO Bracken Darrell told CNBC’s Jim Cramer on Tuesday. “I think everybody...
How the Federal Reserve fights inflation through interest rate hikes
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of anal...
Samsung Builds $1.3 Billion EV Battery Plant In Malaysia
Attendees look at a Samsung SDI battery pack for electric vehicle displayed at the InterBattery … [+] exhibition in Seoul, South Korea, on Thursday, March 17, 2022. SeongJoon Cho/Bloomberg Samsu...
Lucid stock levels to watch as LCID prepares for Q2 earnings release
Lucid Motors (NASDAQ: LCID) has been busy lately by opening new retail locations around the globe in an attempt to increase its presence and brand awareness. The latest retail location is in Pacific ...
VW CEO ouster could be sign of speed bumps ahead for EV transformation
Herbert Diess’s surprise removal from Volkswagen (VOW.DE) shocked the automotive world. But it may also be an indication that one of the biggest trend shifts in the industry, might be slowing do...
Second Quarter Sees DeFi, NFTs, Gaming, And Developers Shining
PolygonInsights for the second quarter of 2022 were recently published by the Polygon team showing the constant growth in four major sectors: DeFi, NFTs, Gaming, and Developers. The report tracks big ...
Ripple Lands Partnership With Singapore-Based Payments Firm To Leverage XRP for Cross-Border Settlements
A Singapore-based payment solution provider is going to use On-Demand Liquidity (ODL), Ripple’s XRP-powered cross-border payment product. FOMO Pay will use ODL to improve its cross-border treasury flo...
New U.K. Drones Will Bring Supplies To The Front Line
When Ukrainian forces were surrounded in Mariupol in May, helicopter crews flew daring resupply missions into the besieged city. Flying in pairs, the Mi-8 helicopters brought desperately -needed weapo...
A $9.4 Trillion Results Day Looms in a Test for Stock Market
(Bloomberg) — For analysts, the last Thursday of July is always one of the busiest dates in the calendar. This year, it’s likely to be even more of a stretch. Most Read from Bloomberg Firms in t...
Cryptojacking on the rise despite market slump 1
Over the years, cryptojacking has been used as one of the few methods to mine illegal crypto from unsuspecting users. This is because the hackers chance upon back door access via hacking the computer ...
Mercedes sees chip shortage stretching to 2023 despite posting a strong quarter
Mercedes-Benz Group AG (OTCMKTS: DMLRY) raised its outlook for the rest of the year during its earnings release on July 27. The company showed revenues of €36.4 billion (~$36.93 billion), an increase ...
Coinbase releases first part of its Bored Ape Yacht Club (BAYC)-featured movie
Coinbase released the first part of its Bored Ape Yacht Club (BAYC)-featured movie yesterday night. This comes a few days after the SEC launched investigations into the crypto exchange for allegedly i...
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Kitsumon and Swipelux Enter Partnership
Kitsumon published a blog post to announce that it has entered into a partnership with Swipelux, a fiat on-ramp expert. The partnership between Kitsumon and Swipelux allows Kitsumon to onboard more us...
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention t...
Tony Hawk Unveils New Hot Wheels Fingerboard Line—Including Limited Birdhouse Life-Size Skateboard Deck
Tony Hawk shows off one of the fingerboards in his new collaboration with Hot Wheels on the brand’s … [+] first-ever fingerboard line, Hot Wheels Skate Hot Wheels Hot Wheels was a major pa...
Terra’s Do Kwon handed ‘notice of arrival’ for entering South Korea
South Korean prosecutors investigating the collapse of Terra (LUNA) asked that the Ministry of Justice issue a “notice upon arrival” for Terraform Labs CEO Do Kwon and a travel restriction for Terra c...
vTv Therapeutics Shares Jump On Equity Investment
MarketWatch General Motors shares dip premarket after profit falls short of estimates General Motors Co. shares slid lower in premarket trade Tuesday, after the car maker’s second-quarter profit...
Vulcan Takes Phalanx Sphinx NFTs Live In Different Waves
Vulcan Forged, a blockchain game studio, among many other things, has announced plans to take its NFT collection of 10,000 unique characters live in five different waves. NFT avatars, known as Phalang...