The GBP/USD pair jumped sharply after the latest US inflation data and after a strong warning about tightening by the Bank of England (BOE) chief economist. The pair fell to a low of 1.3533, which was...
Category: Finance
Live Finance News Updates.
Stock futures extend declines after hot inflation print
Stock futures dipped Thursday evening to add to earlier losses across the three major indexes, with jitters over a swift tightening of financial conditions increasing on the heels of a multi-decade hi...
Soaring used vehicle prices haven’t cooled demand
Demand for used cars remains strong even though the price of preowned vehicles has soared throughout the Covid pandemic, Group 1 Automotive CEO Earl Hesterberg told CNBC on Thursday. Hesterberg said o...
Zillow, Expedia, Cloudflare and more
The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the be...
The h.wood Group And Revolve Are Intersecting Fashion, Entertainment And Sports For The Big Game Weekend
LAS VEGAS, NEVADA – JULY 10: Justin Bieber performs onstage at h.wood Group’s grand opening of … [+] Delilah at Wynn Las Vegas on July 10, 2021 in Las Vegas, Nevada. (Photo by Denise...
‘our transformation plan is on track’
Aurora Cannabis Inc (NASDAQ: ACB) is up 10% after-hours on better-than-expected sales for the fiscal second quarter. It’s the first time in over a year that the cannabis company topped sales estimates...
Aurora Cannabis stock gains after first beat on pot sales in more than a year
Aurora Cannabis Inc. shares gained in late trading Thursday, after the Canadian pot producer beat sales expectations for the first time in more than a year. Aurora ACB, -1.08% ACB, -1.02% reported a f...
OnlyFans launches verified NFT profile pictures
advertisement The popular subscription platform OnlyFans, known for its adult content, will now let users post verified NFTs as profile pictures. The platform will only support NFTs minted on the Eth...
FDA committee votes against Eli Lilly cancer treatment over concerns trials conducted only in China
The outside of the Food and Drug Administration headquarters is seen in White Oak, Md. Al Drago | CQ Roll Call | Getty Images A Food and Drug Administration committee on Thursday recommended against f...
Stock futures are flat following a steep sell-off spurred by hot inflation
Traders on the floor of the NYSE, Feb. 9, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday after a sharp sell-off on Wall Street spurred by the hottest inflation reading in fou...
Dallas Mavericks And Dorian Finney-Smith Come To Terms On Contract Extension
Dallas Mavericks forward Dorian Finney-Smith (10) drives against Atlanta Hawks guard Delon Wright … [+] (0) during the second half of an NBA basketball game in Dallas, Sunday, Feb. 6, 2022. The ...
‘they can have sustainable profitability’
Shares of Zillow Group Inc (NASDAQ: ZG) shot up 15% in extended trading after the online real-estate marketplace said its revenue hit a record high in the fiscal fourth quarter. On CNBC’s “Closing Bel...
Gold-i Elevates Mark Alvarez-Buylla and Appoints David Hillier to Sales Operations
Gold-i announced that it has Elevated Mark Alvarez-Buylla to Chief Commercial Officer and appointed David Hillier as Senior Sales Consultant to its Sales Operations team. According to a press release ...
Cloudflare Stock Rises As 2022 Revenue Outlook Tops Estimates
Cloudflare stock gained late Thursday on December-quarter profit that met views and revenue that topped analyst estimates. In addition, the 2022 revenue guidance for NET stock came in above expectatio...
Where to buy Alibaba stock: it is on the verge of a rebound as it outperforms competitors
Since the start of this week, the Alibaba stock (BABA) has been showing signs of rebounding. On Wednesday, it rose by almost 4% to $126.50 in what seemed to be an all-around positive trading session f...
Forex Traders from Singapore Spend More than $1,743 on Their First Deposit
Continuing our series of analyses in which we look at the retail Forex (FX) and contracts for difference (CFD) industries in individual countries, this time we visit the Asian continent, taking a look...
Waves price analysis: Cryptocurrency devaluates up to the $11.37 mark after bearish turnover
TL;DR Breakdown Price receded back to $11.371 low. Waves price analysis confirms downtrend. Support is now at $7.807 extreme. The most recent Waves price analysis shows a bearish trend for the cryptoc...
Dallas Mavericks Deal Kristaps Porzingis To Washington Wizards Prior To NBA Trade Deadline
Utah Jazz forward Royce O’Neale, right, guards Dallas Mavericks center Kristaps Porzingis (6) in the … [+] second half during an NBA basketball game Saturday, Dec. 25, 2021, in Salt Lake C...
US dollar index (DXY) analysis after the strong inflation data
The US dollar index (DXY) retreated on Thursday as investors reflected reacted to the latest inflation data. It is trading at $95.60, which is about 1.90% below the highest level this year. US inflati...
FVP Trade’s Plan as we Enter the Year of the Tiger
From the state-of-the-art office opening in Shenzhen to upheavals across the Asian markets throughout the year, it has been a busy 2021 for FVP Trade. Today, Keith Walker tells us how he helped guide ...
Affirm Posts Wider Quarterly Loss Early After Twitter Posting
(Bloomberg) — Affirm Holdings Inc. released fiscal second-quarter earnings ahead of schedule, showing a 77% gain in revenue and a net loss that widened from a year earlier, after an early postin...
As Congress weighs stablecoins, Tether emerges as a regulatory boogeyman
As Congress mulls new stablecoin laws, members clearly want to keep anything like the stablecoin Tether from cropping up again. For context, the House Financial Services Committee and the Senate Banki...
Astra stock drops 26% after NASA mission fails mid-launch
Shares of rocket builder Astra fell sharply Thursday, after the company’s latest mission failed to reach orbit. Astra’s stock fell 26% to close at $3.91 a share. The company confirmed ther...
Federal Government Runs Its First Monthly Budget Surplus Since 2019
Topline The federal government’s revenue surpassed expenses by $119 billion last month, marking its first monthly surplus since before the Covid-19 pandemic began, the Treasury said Thursday—amid an i...
Dow Plunges 500 Points As ‘Market Anxiety’ Returns After Latest Inflation Surge
Topline The stock market plunged on Thursday after a worse-than-expected inflation reading—with consumer prices spiking 7.5% in January—raised investor concerns that the Federal Reserve could tighten ...
Twitter shares up despite disappointing results and guidance
Twitter Inc (NYSE: TWTR) on Thursday said its Q4 profit and revenue came in shy of Wall Street estimates. Shares are still up 5.0% as sales growth and strength of its advertising business suggested it...
Dominic Stevens to Leave ASX after Eight Years
Dominic Stevens, the CEO of ASX has announced his resignation. Stevens will retire from his role at the stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bours...
Affirm stock slammed after early earnings release shows revenue outlook misses
This replaces an earlier report that incorrectly reported how Q2 revenue compared with analyst expectations. It has been corrected. Shares of Affirm Holdings Inc. were plunging in Thursday afternoon t...