Topline Three former Minneapolis police officers involved in the arrest of George Floyd were found guilty of violating his constitutional rights Thursday by failing to aid the Black man while their co...
Category: Finance
Live Finance News Updates.
Etsy up 20% on Q4 results: ‘we’re just getting started’
Shares of Etsy Inc (NASDAQ: ETSY) are up nearly 20% in extended trading after the eCommerce company said its Q4 results topped Wall Street expectations, thanks to continued strength in active buyers a...
Beyond Meat Slumps After Sales Outlook Misses Estimates
(Bloomberg) — Beyond Meat Inc., the maker of vegan burgers, sausages and chicken, declined in late trading Thursday after offering a sales outlook for 2022 that fell short of Wall Street’s expec...
Coinbase earned $2.5 billion in net revenue during 2021’s fourth quarter
Crypto exchange Coinbase said it earned $2.5 billion in net revenue during Q4 of 2021 in a Thursday earnings release. Among the other key metrics released: $840 million net income, $1.2 billion in adj...
Gen Zers are fueling overall membership growth
A user on a treadmill at a Planet Fitness gym. Source: Getty Images Planet Fitness is seeing more teens sign up for their first gym memberships during the coronavirus pandemic, helping to fuel the com...
Texas Gov. Greg Abbott Pressed Grid Operator To Keep Prices At $9,000 Per Megawatt-Hour During Crisis
Bill Magness, president and chief executive officer of Electric Reliability Council of Texas … [+] (ERCOT), speaks during the 2018 CERAWeek conference in Houston. Photographer: Aaron M. Sprecher...
Pro explains where to look for opportunities amidst Ukraine crisis
Russia launched a “special military operation” in Ukraine on Thursday that spurred uncertainty in the global financial markets. Still, Dan Genter says now is not the time to sit on the sid...
Etsy Stock Jumps On Earnings Report Beat| Investor’s Business Daily
Etsy (ETSY) reported fourth-quarter results late Thursday that soundly beat estimates but presented a first-quarter revenue outlook below expectations. Still, Etsy stock jumped. X The company reported...
Beyond Meat (BYND) Q4 2021 earnings miss estimates, stock tumbles
Packages of Beyond Meat Inc.’s plant based meat products, Beyond Burger and Beyond Sausage, are displayed at a supermarket on November 19, 2020 in Katwijk, Netherlands Yuriko Nakao | Getty Image...
SEC Reportedly Probing Elon Musk And Brother Over Tesla Stock Sales
Topline The Securities and Exchange Commission is investigating whether Tesla CEO Elon Musk and his younger brother, Kimbal, violated insider trading rules when Kimbal Musk sold $108 million worth of ...
Should I buy Moderna shares after strong Q4 results?
Moderna Inc. (NASDAQ: MRNA) shares advanced more than 15% after the company reported a quarterly report that blew away Wall Street analysts’ estimates. The company’s management has authorized a new sh...
Oil Is Surging. Why Oil Stocks Are Down.
Text size Oil prices are higher, but concerns about economic growth are weighing on oil stocks. Mario Tama/Getty Images Oil prices soared on Thursday after Russia invaded Ukraine. But oil stocks were ...
Coinbase Self-Custody App Adds Support to Hardware Wallet With Over Four Million Users
Crypto exchange Coinbase is adding support for the Ledger hardware wallet to its self custody browser app in a bid to provide users with additional security options. Hardware wallets are devices built...
Shares of EV start-up Nikola surge on earnings beat, revenue in 2022
San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Lo...
Sidney Powell And ‘Kraken’ Attorneys Must Undergo Legal Education For Attempt To Overturn 2020 Election For Trump
Topline Far-right attorney Sidney Powell and her co-counsel will have to undergo additional legal education thanks to their failed post-election lawsuit challenging Michigan’s presidential election re...
The Reality Of Quantitative Investing
getty getty The underlying assumption of quant strategies is that stocks follow various mathematical rules like physical science. This may be intellectually engaging, but it’s a farce. As a recovering...
Nexo enters strategic partnership with BlockFills
Nexo (NEXO/USD), the leading exchange and regulated institution for digital assets, has entered into a strategic partnership with BlockFills, a global digital asset trading and financial technology pr...
Fiserv Announces Appointment of Dylan Haggart to Board of Directors
Fiserv, Inc, a leading US global fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial ...
How Low Can Stocks Go as Russia Invades Ukraine? The Chart Hints.
When I woke up this morning, the S&P 500 futures were down 100 and the Nasdaq was down almost 500 points. It was an ugly start to the day, but the situation has improved considerably since the ope...
In Russian sanctions, the West can’t bring itself to touch SWIFT
Western nations have implemented fresh waves of sanctions against Russia as tanks roll across eastern Ukraine. As new sanctions are up for discussion, there is prevailing hesitance to resort to what s...
Elon Musk joins Ripple on the fight against SEC
TL;DR Breakdown Elon Musk joins Ripple and takes the fight to the SEC directly. SEC has had a long battle with cryptocurrencies. SEC’s motion for Sur-Sur-reply denied by District Judge Torres. The fat...
New York special: Buy Solana NFT from the vending machine
Because of Solana-based NFT marketplace Neon, which closed a $3 million seed round this month, the digital realm of NFTs is leaking into real life. Back in December, the business soft-launched the fir...
Walmart kicks off exclusive sales event for Walmart+ members
The Walmart+ home screen on a laptop computer in Brooklyn, New York on Wednesday, Nov. 18, 2020. Gabby Jones | Bloomberg | Getty Images Walmart is giving customers a new reason to sign up and stick wi...
Why NFTs Are Harder To Value And Trade Than Cryptocurrencies
The non-fungible token (NFT) market has been booming since last summer. NFT’s historical sales volume has reached $41 billion, most of that since last August, up from just $74 million at the beginning...
Josh Brown bought these two hard-hit stocks on Thursday
Putting money to use even at times of high uncertainty is the mark of a professional investor, says Josh Brown, who bought two stocks on Thursday amidst volatility related to Russia’s full-scale invas...
Financial Services Giant BNY Mellon Partners with Chainalysis
Blockchain data platform, Chainalysis recently announced that the company has joined hands with the Bank of New York Mellon Corporation (BNY Mellon), to provide crypto compliance tools. BNY Mellon aim...
Why Putin didn’t flinch in the face of an onslaught of financial sanctions
Sanctions against Russia may not achieve their aim of forcing Vladimir Putin back to the negotiating table if his forces succeed in achieving their military objective before the country feels the econ...
Tubby Cats fan spends more than $720,000 on NFT mint gas fees
TL;DR Breakdown • Tubby Cats NFT Collection is trending at OpenSea for its transaction fees.• The non-fungible auction has been a complete success since it was published. A fan of the NFT market just ...
Moderna says Covid is entering an endemic phase, but annual vaccines will be needed
Maryland National Guard Specialist James Truong (L) administers a Moderna coronavirus vaccine at CASA de Maryland’s Wheaton Welcome Center on May 21, 2021 in Wheaton, Maryland. Chip Somodevilla ...
LeBron James’ Recent Comments Is Setting Up Eventual Exit From Los Angeles Lakers
LeBron James is prepping for his exit from the Los Angeles Lakers. (AP Photo/Mark J. Terrill) ASSOCIATED PRESS It feels like we’ve seen this story before and it looks like we’re seeing it again when i...