The Covid-19 coronavirus pandemic has reshaped society’s understanding of ideal healthcare delivery. During the height of the pandemic and amidst sweeping social isolation measures, billions of people...
Category: Finance
Live Finance News Updates.
TJX down by 7% after announcing Q4 financial results
TJX Companies, Inc. (NYSE: TJX) dropped 7% after announcing fourth-quarter operating and sales results ended January 29, 2022. Net sales for this particular quarter came to about $13.9 billion, repres...
Alibaba earnings to come amid macro pressures on Chinese e-commerce
As Alibaba Group Holding Ltd. works through a flurry of challenges, it will once again look to restore investor confidence in its long-term vision when it reports earnings Thursday. The Chinese e-comm...
RocketMoon: Unraveling The Mystery Of The Project. Is It A Scam?
On one side where cryptocurrencies have made many billionaires and millionaires, people also have lost their hard-earned money because of bad actors in the sphere. Recently, after the Netflix series S...
Stellantis jumps after the earnings beat. Will it maintain gains?
Shares of Stellantis N.V. (LON:0QXR) rose up to 6.58% on Wednesday after the company reported a 13.4 billion euros profit in 2021. The profit was almost three times from the prior year in the debut ye...
FuboTV Tops Wall Street Estimates For Q4, Passing 1M Subscribers, But Shares Slip On Outlook For “Softer” Q1
FuboTV exceeded Wall Street estimates for the fourth quarter, with revenue more than doubling from the year-ago period to $231.1 million and net losses coming in at 57 cents a share. The losses widene...
$DOGE: The Tesla Supercharger Will Take Dogecoin Purchases For Meals And Merchandise
Tesla accurately assessed bitcoin payments over the previous twelve months after investing $1.5 billion in the flagship cryptocurrency. Soon after, the company eliminated BTC arsenic as an outgo optio...
Southern Copper should be higher
Southern Copper: “I like copper too. It’s a great barometer of what’s happening in this country. We’re using more copper than ever. I think that stock should be higher not lowe...
Another Round Of Malware Attacks Hits Ukraine As Russia Crisis Intensifies
Topline Data-wiping malware swept through hundreds of computers in Ukraine on Wednesday, according to cybersecurity researchers, the latest bout of cyber-disruption to hit Ukraine as fears of a Russia...
Bath & Body Works beat earnings expectations. Should you buy it?
Bath & Body Works, Inc. (NYSE:BBWI) held its earnings call on Wednesday, 23 February 2022. The company announced an 11% growth in net sales from $2.7 billion in Q421 to $3.0 billion in Q422. The r...
Lucid Stock Falls on First Recall. This One Isn’t Fixed With Software.
Text size The Lucid Air electric sedans will have to go to the shop for a fix. David Paul Morris/Bloomberg Electric-vehicle start-up Lucid has its first recall listed on the National Highway Traffic S...
FTX moves into $300 billion luxury fashion industry with new hire
Crypto exchange FTX has appointed beauty entrepreneur Lauren Remington Platt as its head of global luxury partnerships, a newly-created position. With a decade of experience, Platt is the founder of ...
A New Product From A Swiss Index Provider Tracks Ten DeFi Coins
The company was created in 2017 and specialises in crypto, commodities, multi-assets, and real estate indexes and services. It oversees financial products worth $5 billion that are linked to its indic...
Goldman’s consumer push will more than double over 2 years, CEO David Solomon says
Goldman Sachs expects investment into its digital consumer platform to really pay off in less than two years, CEO David Solomon told CNBC on Wednesday. “I put out a target at the end of 2024 of ...
Stock futures are little changed after Dow sinks to its lowest level of the year amid Ukraine crisis
U.S. stock futures were little changed Wednesday evening after the Dow Jones Industrial Average closed at its lowest level of the year amid escalating tensions between Russia and Ukraine. Dow futures ...
Canada Ends Emergency Declaration As ‘Freedom Convoy’ Protests Dwindle
Topline Canada ended a nine-day emergency declaration Wednesday that was made in response to the so-called Freedom Convoy protests that obstructed some border crossings and interfered with commerce ac...
Overcoming Fear In Life And Investing
Investing getty I recently read Open: An Autobiography by Andre Agassi, which is not so much a story about tennis as it is about personal triumphs in the face of great odds. At one point in the book, ...
eBay to announce results on February 23. What should you expect?
eBay Inc. (NASDAQ:EBAY) is set to release Q4 and annual results on February 23 at 2.00 PM PST. The announcement comes in the wake of downward pressure on technology stocks since the beginning of the y...
The next shoe to drop? The 125-year old Dow industrials are on brink of correction. Here’s what history says happens next in the U.S. stock market.
The Dow Jones Industrial Average was on the verge of entering correction territory after closing sharply lower on Wednesday as the Pentagon said that Russian troops were poised to launch a full-blown ...
Cleveland, LeBron James Still Stick With Channing Frye After Retirement
Cleveland Cavaliers forward Channing Frye (9) and Cleveland Cavaliers forward LeBron James (23). Toronto Star via Getty Images After 14 seasons in the league, big man Channing Frye has been retired no...
Home Depot Gets Hammered As Gross Margins Decline Year-Over-Year. Here’s How To Trade The Stock Now.
(Photo by Nicholas Kamm) AFP via Getty Images Home Depot (HD) beat earnings-per-share estimates for the seventh consecutive quarter before the opening bell on February 22. Sales remained strong for ho...
FuboTV stock drops after earnings on mixed outlook
Shares of fuboTV Inc. were off 1% in after-hours trading Wednesday after the streaming company delivered revenue ahead of what it had been expecting when it delivered preliminary results a month earli...
It’s Just Unpleasant, Unfair, And Not At All Partisan Says Cardano’s Hoskinson
Making such decisions based on political expediency, according to Hoskinson, generates a lot of complexity that a $2 trillion business does not deserve. He continued, It’s just damaging to every...
Stocks making the biggest moves after hours: EBay, Allbirds and more
Signage at eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading: Booki...
‘Absurd’ Of Alec Baldwin To Claim He’s Not Responsible For Death
Topline The widower of Halyna Hutchins, the cinematographer who was killed on the set of the movie Rust, accused Alec Baldwin of failing to accept responsibility for the shooting, in a teaser Wednesda...
‘Alarming’ Inflation Data Indicates Prices Could Keep Surging For Months, Goldman Sachs Warns
Topline An unexpected and sustained surge in consumer prices has started to impact a wider array of goods and services than has been typical in past inflationary periods—a sign that rising prices will...