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Category: Finance
Live Finance News Updates.
Amazon Stock Jumps On 20-for-1 Split
Amazon stock jumped late Tuesday as the e-commerce giant announced a 20-for-1 stock split and authorized a $10 billion buyback plan. X According to the Amazon (AMZN) announcement, shareholders of reco...
U.S. Senator Elizabeth Warren Drafts Bill To Prevent Russians From Evading Its Sanctions
Elizabeth Warren, senior United States senator from Massachusetts, is creating a bill in response to the anxiety regarding the evasion of U.S. sanctions put on Russians. Warren, along with other senat...
Judge orders Walmart to rehire worker with Down syndrome
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press |...
Amazon, CrowdStrike, Asana and more
The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines after the bell: Amazon — Shares rose 6....
Pentagon Opposes Sending MiG-29 Fighter Jets To Ukraine
Topline Pentagon spokesperson John Kirby said Wednesday the United States does not support supplying Ukraine with Soviet-era fighter jets to aid in its fight against Russia, framing the idea as a high...
These Energy Stocks Are Surging As Oil And Gas Prices Keep Climbing With No Relief In Sight
Topline While Russia’s invasion of Ukraine sparked a surge in oil prices that has roiled markets, energy stocks like Occidental Petroleum, Chevron and Exxon Mobil have widely outperformed the rest of ...
ZIM marks its debut year with a 787% Jump in net income. Should you buy it now?
Shares of ZIM Integrated Shipping Services Ltd (NYSE:ZIM) rose more than 7% to a record above $77 as it reported robust Q4 2021 and full-year results. Only a year since the company debuted on the NYSE...
SIX Sees 83% Decline in 2021 Profits, Revenue Rises
SIX Swiss Exchange released its consolidated financials for 2021, reporting an annual net profit of CHF 73.5 million (around $79.2 million), which is a decline of 83.2 percent from the prior year. How...
Three more Starbucks locations in Buffalo vote in favor of union
The Starbucks Workers United hub in Buffalo on November 16, 2021. Libby March | The Washington Post | Getty Images Three more Starbucks locations in the Buffalo, New York, area have voted in support o...
Russian Spokesperson—Contradicting Putin—Admits Conscripts On Frontlines In Latest Communication Blunder
Topline Since its full invasion of Ukraine began last month, the Kremlin has shown rare vulnerability in controlling the narrative regarding its war on Ukraine, experts say, turning to significant inf...
Despite Ukraine, Markets Still See Aggressive Fed Action This Year
Jerome Powell, chairman of the U.S. Federal Reserve, smiles during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...
CrowdStrike reports Q4 results: ‘our best days are ahead’
CrowdStrike Holdings Inc (NASDAQ: CRWD) shares jumped 15% in extended trading after the cybersecurity company reported market-beating results for its fiscal Q4 and gave upbeat guidance for the future....
BitMEX Joins VerifyVASP to Meet Travel Rule Requirements
BitMEX announced it is joining VerifyVASP. BitMEX is joining FTX, Beeblock and Bitcmon that are members of the alliance. Q4 2021 volumes have gone up or down and how much? VerifyVASP is a Travel Rule ...
CRWD Stock Jumps As Fiscal 2023 Outlook Handily Beats Estimates
CrowdStrike Holdings (CRWD) on Wednesday reported January-quarter profit and revenue that handily beat estimates. CRWD stock jumped as fiscal 2023 guidance came in well above expectations. X Sunnyvale...
Are there any possibilities for settlements between Ripple and the SEC?
From John Deaton to Jeremy Hogan, a series of experts assume the case might move for the settlements and predict its timeline. Since the last hearing of the Rippe-SEC lawsuit, the case has taken a sh...
Biden restores California ability to set its own auto pollution rules
Cars make their way toward downtown L.A. during the morning commute on April 22, 2021 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is restoring California’s aut...
What Is Energy Independence?
Lone pumpjack located in the middle of large solar array outside of Bakersfield, Kern County, … [+] California, USA. (Photo by: Citizen of the Planet/UCG/Universal Images Group via Getty Images)...
The Real Reason Behind Surging Gas Prices
High gas prices are posted at Low-P, an independent gas station in Calabasas, Calif., Friday, Oct. … [+] 5, 2012. Californians woke up to a shock Friday as overnight gasoline prices jumped by as...
Broadcom share price forecast after Q1 results
Broadcom Inc. (NASDAQ: AVGO) shares continue to trade in a buy zone after the company reported strong first-quarter results last Thursday. Outlook remains positive Broadcom Inc. is an American company...
BitMEX Co-founder Pleads Guilty to US Bank Secrecy Act Violations
Samuel Reed, one of the three co-founders of the cryptocurrency derivatives exchange BitMEX, has pled guilty to bank secrecy act violations, specifically for violating the Bank Secrecy Act (BSA), by w...
Even The Batman May Not Be Strong Enough to Save AMC Stock
From Thursday through Sunday, the new “The Batman” feature film exploded onto screens, delivering the third highest attended movie weekend of the past two years for AMC Theatres (AMC), wit...
Gas prices are spiking — don’t expect sales of electric vehicles to follow
High gas prices are displayed at a Shell station on March 7, 2022 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Consumers hoping to switch to an all-electric or more fuel-e...
Is it the best time to buy Royal Dutch Shell as the price starts rising?
In a remorseful statement on March 8, Royal Dutch Shell PLC (LON:RDSB) announced that it has stopped buying all hydrocarbons from Russia. This comes after it emerged that as recent as last week, the c...
Cryptocurrency Assets See Recovery, Short Liquidations Increase
The cryptocurrency market added almost $100 billion to its market cap on Wednesday after Bitcoin jumped above $42,000 for the first time since 4 March. In a major recovery, altcoins also saw substanti...
Investors pour into Cathie Wood’s ARKK despite losses
Even as Ark Invest’s flagship ETF trades at a mere fraction of its highest share price, famed portfolio manager Cathie Wood has never backed down on optimism around her strategy — and it appears Wood ...
Sanction evasion could increase cryptocurrency usage
Cryptocurrency usage could spike in the midst of the current sanctions against Russia Coinbase has supported the government’s efforts with national security in mind Unlawful aggression could be avoid...
Disney CEO says company opposes ‘Don’t Say Gay’ bill in Florida
A view of Mickey Mouse at the Walt Disney World theme park entrance in Lake Buena Vista, Florida. Octavio Jones | Getty Images The Walt Disney Company is now publicly opposing Florida’s controve...