When Covid 19 restrictions hit hard in 2020, the markets were on free fall. But more so, oil saw a sharp decline, at one point hitting negative figures. But as most economies have rebounded, oil has s...
Category: Finance
Live Finance News Updates.
Interest Rates: How Will The Stock Market Respond To A 0.5% Increase?
The Federal Reserve is considering an interest rate hike at its March meeting that could be as high as 0.5%. We haven’t had a rate increase that high since the dot-com bust in 2000. If we did ha...
TelevisaUnivision Reveals Launch Date For New Global Streamer VIX And First Look Deal With Salma Hayek
TelevisaUnivision unveils name of new streaming platform ViX and first look deal with Salma Hayek’s … [+] production company. TelevisaUnivision/GETTY IMAGES TelevisaUnivision has decided t...
Fertilizer Markets Roiled by Belarus Potash Force Majeure
(Bloomberg) — A Belarusian potash miner that accounts for a major chunk of global supply has declared force majeure, shaking up a market that’s already contending with soaring prices. Most Read ...
Concordium財団、電⼦投票システム「Govote」開発の国内企業PHIへ助成金
Concordium財団、電⼦投票システム開発のPHIへ助成金 パブリックブロックチェーン・コンコーディウム（Concordium）を運営するコンコーディウム財団が、Web3のシステム開発を⾏う日本企業PHIの電⼦投票プロジェクト「Govote」へ、助成⾦を提供することを2月18日に発表した。 PHIの「Govote」はブロックチェーン技術とゼロ知識証明によって投票の権利と投票の秘密、また投票の結...
Walmart Sets Its Sights On More Than Just Selling Stuff
Walmart’s full-year revenue was up 2.4% from the prior year reaching $572.8 billion. The company … [+] discussed how a more diversified business model will help drive future growth and provide a...
Shake Shack reports results: they’re willing to invest in consumer experience
Shake Shack Inc (NYSE: SHAK) slid 10% in the stock market after-hours on a larger-than-expected loss for the fiscal fourth quarter. The U.S. firm also gave downbeat guidance for Q1. The timing ...
Dow Jones Futures Rise On U.S.-Russia Meeting After Market Rally Flashes Bearish Signal
Dow Jones futures rose overnight, along with S&P 500 futures and Nasdaq futures, on news of a high-level U.S.-Russia meeting. The stock market rally sold off Thursday, with the S&P 500 tumblin...
Dogecoin price analysis: DOGE trades at make or break zone above $0.128 support
TL;DR Breakdown Dogecoin price dropped almost 6 percent to move as low as $0.1401 Price trades between support at $0.128 and $0.163 resistance Breakout to $0.194 expected if price can cross $0.16 over...
Forget Gold – These inflation-proof stocks are worth looking at
The biggest concern among investors in 2022 is the growing risk of runaway inflation not just in the United States but other countries. In most cases, the best hedge against inflation is often gold. B...
Nvidia Can’t Catch a Break. Why Its Stock Is Still a Buy.
Text size Nvidia stock was falling Thursday despite a “beat and raise” earnings result. Dreamstime Nvidia can’t seem to catch a break. The chip maker delivered what Wall Street was expecti...
Senate Passes Last-Minute Bill To Prevent Government Shutdown
Topline The Senate passed a stopgap bill Thursday evening to extend the federal government’s funding through March 11, narrowly averting a government shutdown set to begin Friday and giving legislator...
Roku down 20% on Q4 results: ‘we’re focusing on big opportunities’
Shares of Roku Inc (NASDAQ: ROKU) are down more than 20% in extended trading after the streaming company said its Q4 revenue came in shy of Street estimates and gave dovish guidance due to supply pres...
Costco will ‘be an absolute titan on the internet’
Billionaire investor Charlie Munger reiterated his confidence in Costco (COST) even after the stock’s record run-up. “I’ve always believed that nothing was worth an infinite price. S...
Dustin Johnson, Wayne Gretzky Team Up Again, This Time On New Adidas Golf Shoe
This limited-edition Tour360 22 release from adidas brings together Dustin Johnson and Wayne … [+] Gretzky, two of the greats in their respective sports. adidas Dustin Johnson met Wayne Gretzky ...
3 Ways To Add Income Strategies Back Into Your Portfolio
Is it time to dip your toes back into certain income strategies? getty After a decade of zero interest rates and a dearth of available income opportunities, investors are finally getting a chance to d...
Nvidia Corporation earnings beat not sufficient to boost stock – Is it a good buy?
Nvidia Corporation’s (NASDAQ:NVDA) strong fourth-quarter results were insufficient to inspire a bullish run as the stock fell 3.25% in Thursday premarket. Nvidia had posted a revenue of $7.64 billion,...
Argentina Set to Raise Key Rate to 42.5% Thursday, Official Says
(Bloomberg) — Argentina’s central bank raised its benchmark interest rate by 250 basis points to 42.5% on Thursday, further tightening monetary policy to align with goals set out in the governme...
Why Revenue Growth Fell Below Analysts’ Projections
Roku released fourth-quarter earnings, which grew slower than analysts anticipated. ASSOCIATED PRESS Streaming is the future, there’s no doubt about that. But what does that future look like? We’re st...
Walmart reports higher than projected EPS. Will the $135 support hold?
Walmart Inc. (NYSE:WMT) reaffirmed the support level of $135 before announcing annual results. The valuation coincided with a sector-wide trend affecting consumer stocks as the markets adjusted to the...
DraftKings Reports Earnings Friday. Investors Want to See a Path to Profits.
Text size The DraftKings Sportsbook at the Brook in Seabrook, N.H. Scott Eisen/Getty Images for DraftKings Show us the money. DraftKings shares (ticker: DKNG) have fallen more than 60% since Labor Day...
DeFi ETFs take flight in Brazil with two launches this month
advertisement Two companies have gone head-to-head in recent weeks to launch the world’s first DeFi exchange-traded funds in Brazil. The first firm to announce a DeFi ETF launch on Brazil’s B3 stock e...
Ark’s Cathie Wood Makes the Case for Her Stocks
Star investor Cathie Wood of Ark Investment Management has been adamant in recent weeks that the decline of tech stocks represents a buying opportunity rather than a sign of distress. She defended her...
Roku, Shake Shack, Sunrun & more
The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the compani...
Sarah Yarkin Came To Slay In Netflix’s ‘Texas Chainsaw Massacre’
Sarah Yarkin attends at screening of ‘Happy Death Day 2U’ in Hollywood, California, in 2019. AFP via Getty Images There’s no denying that The Texas Chainsaw Massacre is one of the most ico...
How To Write Off Legal Fees On Your Taxes
Since 2018, it’s been tougher to deduct legal fees, and some plaintiffs in contingent fee cases are taxed on their gross recoveries, not net after legal fees. Some call it a new tax on legal settlemen...
Redfin stock tanks after forecast shows losses expanding as iBuying business grows
Redfin Corp. shares plunged more than 10% in after-hours trading Thursday, after executives predicted losses in the first quarter of 2022 would exceed full-year losses in 2021 as the company maintains...
DeFi’s user interface problems are deterring the widespread adoption
DeFi can put investors at risk if they don’t understand how it works The market cap of all DeFi protocols is less than 1% of that of global banks Institutional investors are deterred by crypto assets ...
Stock futures are flat after Dow suffers its worst day of the year
Traders on the floor of the NYSE, Feb. 17, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday following the Dow Jones Industrial Average’s worst day of 2022 as investors du...
Green Day’s Billie Joe Armstrong Is Getting Older
Billie Joe Armstrong of Green Day performs on day three of the Bud Light Super Bowl Music Fest, … [+] Saturday, Feb. 12, 2022, at Crypto.com Arena in Los Angeles. (AP Photo/Chris Pizzello) Chris...
New Unemployment Claims Unexpectedly Rise For First Time In Four Weeks As Inflation, Russia Drive Economic Uncertainty
Topline The number of new unemployment claims unexpectedly jumped for the first time in nearly a month on Thursday, highlighting the rising level of economic uncertainty amid a prolonged inflation sur...