Nickel price sky-rocketed by over 67% in early Tuesday’s session, which is one of largest moves ever recorded in the metals sector. The rise of over $20,000, its greatest daily gain on record, placed ...
Category: Finance
Live Finance News Updates.
Stock futures dip after Dow hits correction, Nasdaq enters bear market
U.S. equity futures ticked lower in post-market trading Monday after a sell-off in the earlier session that saw the Dow Jones Industrial Average fall into correction territory and the Nasdaq enter a b...
U.S. far from normal with Covid deaths much higher than flu: report
Nurse practitioner Deborah Beauplan administers a COVID-19 swab test at a drive-thru testing site set up for Suffolk County, New York. Newsday | Getty Images The U.S. has a long way to go before the p...
Stock futures dip after the S&P 500’s worst day since October 2020 amid Russia-Ukraine war
Traders on the floor of the NYSE, March 4, 2022. Source: NYSE Stock futures fell slightly in overnight trading Monday following the S&P 500’s worst day since October, as investors remained o...
Atlanta Falcons’ Calvin Ridley Suspended For Betting On NFL Games
Topline The NFL suspended Atlanta Falcons player Calvin Ridley through at least the 2022 season on Monday, after the wide receiver placed bets on an NFL game during his mental health-focused break fro...
Have The Glory Days Passed By For IBM, GE And These Other 4 Companies?
(Photo by Tim Boyle) Getty Images Bruce Springsteen sang that glory days will pass “in the wink of a young girl’s eye.” I was thinking about that song a few days ago when I cleaned out some files and ...
What should you expect from the upcoming earnings call by Oracle?
Oracle Corporation (NYSE:ORCL) will announce Q3 results on March 10. The results come in the wake of increased geopolitical risk to global capital markets. For Oracle, the risk is also characterized b...
Royal Caribbean Making a Big Onboard Change
Taking a cruise means a lot of excess. Most people aboard a Royal Caribbean (RCL) – Get Royal Caribbean Group Report (or a Carnival (CCL) – Get Carnival Corporation Report or Norwegian Cru...
Gold-pegged cryptocurrency could be a safe investment option
TL;DR Breakdown • Tether Gold and Pax Gold enter the list of the two leading cryptos.• Gold-Pegged cryptocurrency focuses on operating within decentralized and core networks. Although gold is one of t...
Michael Kors-parent Capri Holdings ditches CEO succession plan; shares fall
Joshua Schulman is seen at Michael Kors intimate Cocktail Party in Celebration of his 40th Anniversary on September 23, 2021 in Milan, Italy. Victor Boyko | Getty Images Capri Holdings has ditched its...
Kohl’s Refines And Redefines Its Business During Annual Investor Day
Kohl’s Corp. continues to innovate with partnerships such as hookups with Amazon and Sephora. Getty Images Kohl’s Corp. is shrinking the box, going after the dress business and mining data science for...
Bed Bath & Beyond Stock Skyrockets After Billionaire GameStop Chair Cohen Discloses $120 Million Investment
Topline Shares of retailer Bed Bath & Beyond soared Monday after billionaire investor Ryan Cohen disclosed an outsize stake in the firm and sent a letter to management blasting the company’s disma...
AT&T sends mixed signals. What should you do?
AT&T Inc. (NYSE:T) announced its plan to acquire WarnerMedia through a spinoff in April this year. This news was supposed to inspire the market as the company would now start earning extra income ...
Semiconductor Stocks Earn Bullish Reports During Downturn
With semiconductor stocks in the doldrums, Wall Street analysts are going bargain-hunting. X Susquehanna Financial Group analyst Christopher Rolland on Monday pounded the table for several semiconduct...
Singapore stops Russian cryptocurrency and NFT transactions
TL;DR Breakdown Singapore locks down Russian cryptocurrency and non-fungible token (NFT) transactions. The Monetary Authority of Singapore (MAS) releases new regulations. The regulations prevent money...
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
Dow Falls 800 Points With No End In Sight For Russia’s Invasion Of Ukraine
Topline The stock market moved sharply lower on Monday after oil prices briefly hit more than $130 per barrel overnight—the highest level since July 2008—as the escalating conflict between Russia and ...
Should you buy Pfizer shares?
Pfizer Inc. (NYSE:PFE) has been a stock to watch since the pandemic began and the company developed a vaccine. PFE has continued to innovate, with the latest product being a pill for high-risk populat...
AccessFintech Recruits Fabrice Carrier as Its Head of Derivatives Product Line
AccessFintech announced that it has recruited Fabrice Carrier as its Head of Derivatives Product Line, effective from March 2022. Finance Magnates recently learned in a press release that Fabrice Carr...
Rivian Stock Tumbles As EV Maker Hikes Prices Ahead Of Earnings
Electric-vehicle maker Rivian (RIVN) will report fourth-quarter and full-year 2021 results late Thursday, amid production woes and a price-hike fiasco that rankled customers. Rivian stock sank on Mond...
Dogecoin price analysis: Bears maintain downtrend as price decline to $0.115
TL;DR Breakdown Dogecoin price analysis supports bears. The price has been lowered to $0.1159. Support for DOGE is found at $0.1151. The latest Dogecoin price analysis shows signs of a downtrend, as t...
Ripple Wants To End XRP Lawsuit by September of This Year: Attorney Jeremy Hogan
Ripple Labs wants to end its lawsuit with the U.S. Securities and Exchange Commission (SEC) by September or October of 2022, according to a closely followed crypto legal expert. The SEC sued Ripple in...
NFL suspends Atlanta Falcons’ Calvin Ridley for 2022 season for betting on games
Calvin Ridley #18 of the Atlanta Falcons warms up prior to a preseason game against the Miami Dolphins at Hard Rock Stadium on August 21, 2021 in Miami Gardens, Florida. Michael Reaves | Getty Images ...
Bed Bath & Beyond, United, PVH and more
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday tr...
What Is A Stock Market Correction?
What to do during a Stock Market Correction. getty You take the good; you take the bad, you take them both, and there you have the facts of (life) stock market volatility. We’ve had a bunch of g...
After Token Launch, Cloudname Strengthens Operations
Cloudname, a domain trading platform that has introduced the non-fungible technology-enabled tokenization feature in the lucrative domain trading space has recently reported a successful listing on Ga...