(Bloomberg) — Alibaba Group Holding Ltd. ramped up its share buyback program to $25 billion, expanding that arsenal for a second time in less than a year to stanch a $470 billion loss of value d...
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Live Finance News Updates.
‘The Batman’ Passes $600 Million Worldwide
Zoe Kravitz and Robert Pattinson in ‘The Batman’ Warner Bros. The Batman is going to end up as one of the most successful “part one” superhero movies ever in domestic earnings. Warner Bros...
Why Are ImmunoGen Shares Trading Lower Today
Motley Fool Why Shares of Coinbase Fell Today Shares of the large crypto exchange Coinbase (NASDAQ: COIN) fell nearly 5% today after a big investor took a short position in the company, which currentl...
SOLANA Cryptocurrencies Is Also Now Assisted Via COINBASE WALLET
The move comes as the regulated platform, which trades Bitcoin, Ethereum, and more than 110 altcoins, expands its order book to incorporate tokens that have risen in popularity in recent months. Altco...
Switzerland Seizes Luxury Home Allegedly Owned By Russian Billionaire Pyotr Aven
Topline Switzerland has seized a luxury mountain home believed to belong to Russian billionaire Pyotr Aven, who’s said to be a close confidant of Russian President Vladimir Putin, according to multipl...
South Korean Brokerages Net Profits Surged in 2021, Data Shows
South Korean brokerage firms’ net profit increased sharply last year as a result of higher transaction fees, according to The Korea Herald, quoting Yonhap. Based on data from the Financial Supervisory...
General Motors Stuck in Major Downtrend
General Motors Corp. (GM) hit a 14-month low two weeks ago and turned higher but buying interest since that time has been weak, lacking the enthusiasm that characterized the automaker’s run to new hig...
Why brands are racing to get trademarks that extend to the digital world
Quick Take Companies and legal experts are closely watching pending NFT trademark lawsuits. It’s not clear yet what kind of legal protection brands will need to prevent copycats in “the me...
SEC’s Climate Disclosure Rules Advance Biden’s Epic Whole-Of-Government Regulatory Agenda
“The President will advance his climate agenda using every tool at his disposal and can make significant progress in curbing emissions, growing our economy, and good-paying union jobs. And so he could...
Bonds Suffer One of Worst Days in a Decade as Fed Spurs Rethink
(Bloomberg) — The U.S. rates market was hammered anew on Monday, with a selloff driving yields on short-dated Treasuries to one of their biggest daily jumps of the past decade after Federal Rese...
LSU Names Matt McMahon To Replace Will Wade
EVANSVILLE, IN – MARCH 07: Murray State Racers head coach Matt McMahon looks on during the Ohio … [+] Valley Conference Tournament championship game between the Murray State Racers and the...
Elon Musk offers first hint at his Master Plan 3 blueprint
Could Elon Musk’s fabled “X” holding group finally be in the works? The visionary CEO gave the strongest hint yet he may be seriously thinking about consolidating the various business interests of his...
Prince Philip In Serbia: Cryptocurrency Seems To Be Liberty He Claims We Really Have To Take The Cash Apart From The State
Prince Philip seems to be the second child of the former Kingdom of Yugoslavia’s final crown prince and a member of congress of Karaorevi. The company’s primary office is in New York, and it also has ...
Is Workplace Flexibility Helping Or Hurting Your Company?
It’s plain to see that remote work, hybrid workplaces, and virtual-first operations are the future of work in 2022 and beyond. The combination of workforce preferences and real estate savings are moti...
Warren Buffett to Buy Alleghany for $11.6 Billion in Return to Dealmaking
(Bloomberg) — Berkshire Hathaway Inc. is buying Alleghany Corp. for $11.6 billion in cash as Warren Buffett returns to the dealmaking he has shied away from in recent years. Most Read from Bloom...
‘Evolving Intelligence’ Suggests Russia Is Planning Cyberattacks On U.S., White House Says
Topline The White House warned Monday about possible plans by the Russian government to target critical American infrastructure with cyberattacks, urging American companies to bolster their cybersecur...
Costco Has a Lot of Cash. Here’s How it May Spend It. (Special Dividend?)
Costco (COST) – Get Costco Wholesale Corporation Report always plans for a rainy day. While the warehouse club steadily expands and returns capital to shareholders via dividends (and occasional ...
FTX’s European head plots ‘cautious’ expansion into UK market
Crypto exchange FTX hopes to expand into the UK and is beginning talks with regulators as it ramps up plans to dominate the European market. FTX is taking a “relatively cautious approach” with the UK...
Penalties Against Russia May Encourage Additional Nations To Improve CBDCs
Various federal agencies in the United States, as well as Congress legislators, have been examining how a CBDC project might influence the country’s economy and status as an international reserve curr...
Plug Power stock is up 26% in a month. Best to buy now?
After plummeting from a high of $75 in January 2021, Plug Power stock (NASDAQ:PLUG) is now pushing away from what we consider a “make-or-break” point. This is the established support of $26, which the...
Semiconductor Watchlist: Micron, Nvidia Applied Materials
The benchmark PHLX Index (SOX) started at 3,432 this week, up 9.1% over the prior week. The SOX remains down 14% on a year-to-date basis. The week saw a number of major semiconductor funds rising at l...
OKX Outperformed Coinbase By Over $500 Billion in Volume in February
OKX experienced an 85% increase in the volume over the largest exchange of the United States by volume. Coinbase and OKX generated approximately $751.38 billion in volume in combination since the tota...
Cramer’s lightning round: I like Truist
PPG Industries Inc: “I think PPG is down too much. I think it’s okay, but … This is a company that has been really hurt by raw costs. That’s going to end eventually. I think if...
U.S. Will Restrict Visas For Chinese Officials Involved In Uyghur Repression, Blinken Says
Topline The State Department will impose visa restrictions on Chinese government officials it believes are complicit in the repression of minority groups, dissidents and activists in China or in the U...
Nike stock is down 22% this year. Best to sell the stock as it could fall further
Nike, Inc. (NYSE:NKE) is due to report its third fiscal quarter 2022 on March 21, but odds are against the company. The stock has fallen by more than 22% in 2022, eclipsing the 11% average decline amo...
Shopify’s Stock Is Falling Again After a 50% Four-Day Rally
Text size There was no company-specific news to explain last week’s rally in Shopify stock, or Monday’s slump. Dreamstime The wild gyrations in Shopify shares offer a clear demonstration o...
Gemini wins Irish electronic money license
advertisement Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has received an electronic money license from the Irish central bank in the first such award since October 2020. The ...
Kroger is a safety stock that can withstand inflation, Jim Cramer says
Grocery retailer Kroger is maintaining its position as a strong performer as competitors struggle with inflationary pressures, Cramer said. “We’ve got the worst inflation in decades, which...
Amanda Bynes’ Conservatorship Is Expected To Be Terminated Tuesday
Topline Actress Amanda Bynes’ nine-year-long conservatorship is expected to be terminated Tuesday, four months after Britney Spears’ high-profile conservatorship was abolished and drew attention to th...
Trust Payments Launches Stor eCommerce Solution
Trust Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or serv...
Andreessen Horowitz Choses Michele Korver As Regulatory Chief
A US FinCEN official Michele Korver got appointed as a regulatory head by Andreessen Horwitz, as the venture capital organization steps forward. As per a blog post, it is difficult to imagine someone ...