A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making h...
Category: Finance
Live Finance News Updates.
How The Meme Stock Revolution Can Help Explain Wall Street
The Revolution that Wasn’t U.S. Cover Spencer Jakab has done it again. He’s produced a book that tackles a complex piece of recent history, and yet makes it understandable and entertaining for t...
Fiserv’s Adjusted EPS Increases 21% in Q4
The global provider of payment and financial services technology, Fiserv posted its financial numbers for the fourth quarter and full year of 2021 today. During Q4 of 2021, Fiserv’s GAAP revenue spike...
January fintech VC roundup: Checkout.com’s $1 billion raise continues the payments spending spree
Quick Take In January 2022, fintechs raised $10.7 billion globally — this is a 45% increase from the same time period of the previous year. Fintechs have kicked off the start of the year with a bang...
OpenSea shows promising start to February despite UST’s money laundering jitters
Opensea saw a record breaking monthly volume of $4.9 billion OpenSea raised $780,209,290.88666 in just the first five days of February Monthly Volumes could cross $15 billion in February, experts pre...
Ravendex announces its Staking Platform and a trading competition
Ravendex has announced an exciting trading competition as a mark of celebration of its BitMart listing that took place on 10 January 2022. The Ravendex project is the first DEX (decentralized exchange...
Probes, executive upheaval continue to tank SPAC-backed EV start-ups
Electric Last Mile Solutions CEO James Taylor wanted to separate his electric vehicle company by staying out of controversies that had engulfed many of his competitors. “We have no lawsuits; no ...
Old MacDonald’s Farm No More, Companies Invest In Vertical Agriculture
Vertical farms are opening with addresses in huge agricultural capitals like Chicago, Baltimore and … [+] New York City. getty Walmart, the world’s biggest retailer, is taking vertical integrati...
Pfizer Triggers $28 Billion Stock Plunge After Warning Covid Vaccine Sales May Disappoint This Year
Topline Despite skyrocketing revenue from the sale of Covid-19 vaccines, shares of Pfizer plunged Tuesday morning after the pharmaceutical giant issued worse-than-expected revenue guidance for this ye...
Here’s a quick recap of everything Peloton announced on Tuesday
Peloton Interactive Inc (NASDAQ: PTON) is up 20% in the stock market this morning after the connected fitness company named Barry McCarthy as its new CEO effective February 9th. Dan Ives reacts to the...
Rivian or Lucid? Morgan Stanley Weighs In
2021 was a fabulous year for investors in electric cars. In quick succession, Lucid Motors (LCID), Rivian Automotive (RIVN), and Arrival (ARVL) joined industry leader Tesla (TSLA) as publicly traded c...
Chainlink price analysis: Cryptocurrency value depreciates to $18.27 after bearish spin
TL;DR Breakdown Price stumbles to $18.27 after downturn. Chainlink price analysis shows bearish trend. Support for cryptocurrency is $14.36. The latest Chainlink price analysis confirms a bearish tren...
Cardano Wallets Have Increased By 1348% In The Last Year, Surpassing The 3M Mark
On February 4th, it was discovered that three million ADA wallets were active upon that platform, up from a little over 200,000 at the beginning of 2021 Cardano’s increase in popularity since late 20...
Consumer debt totals $15.6 trillion after a record-breaking increase in 2021
A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York. Jessica Rinaldi | Reuters Consumers ended 2021 with record levels of debt, leading into a...
Michael Lewis, three decades after ‘Liar’s Poker,’ says Wall Street is worse in some ways
Michael Lewis Adam Jeffery | CNBC When a 27-year-old Michael Lewis put his head down to write “Liar’s Poker” — the book that ultimately put him on best-selling lists and launched his...
Postal Service Reform Up For House Vote—Here’s What It Means For Your Mail
Topline After years of revenue losses and widely criticized mail delays, the House is set to vote Tuesday on a bill to combat the U.S. Postal Service’s ailing financial condition and add accountabilit...
3 Things Every Investor Is Getting Wrong Now
Businessmen with different opinions getty We’re seeing signs every day that this pouting market is way oversold—and contrarians that we are, we’re going to work this sentiment to grab stout closed-end...
Harley-Davidson up 15% on Tuesday: what’s fuelling the stock?
Shares of Harley-Davidson Inc (NYSE: HOG) are up nearly 15% on Tuesday as the motorcycle company reported an unexpected profit for its fiscal fourth quarter. What the earnings report tells us Harley-D...
Peloton stock continues rally as company replaces John Foley as CEO
Peloton Interactive Inc.’s newly announced chief executive will face a lowered bar as the maker of exercise equipment once again cut its full-year forecast in the face of slowing demand. Tuesday marke...
A Senior Us Regulator Has Praised Diem’s Stablecoin, The Company Claims
The Diem Association confirmed previous allegations that it was shutting down and selling all of its assets to crypto bank Silvergate for $200 million in a release on Monday evening They engaged exten...
Can Whistleblowing On Meatpackers Curb Retail Prices? Stay Tuned
Today, meat production has consolidated to fewer players. Just four major meatpackers – Tyson, … [+] Cargill, JBS S.A. and Marfrig Global Foods S.A. (through National Beef Packing Co.) – control...
Smooth Love Potion (SLP) is up 29% as Axie Infinity plans to reduce supply by 50%: you can buy SLP here
Smooth Love Potion (SLP) has been on a very strong bullish trend today. At the time of writing, it was up 29% and has hit a daily high of $0.02377 and a low of $0.01525. Today’s rally is mainly attrib...
Virtu Financial Q4 2021 Beat Expectations
Virtu announced its fourth quarter results, beating expectations. Virtu’s total revenue reached $705.6 million. The adjusted net trading income reached a total of $485.6 million. Basic and dilut...
Pfizer Stock Tumbles; Here’s Why Its Triple-Digit Sales Growth Disappointed
Pfizer stock skidded Tuesday as the company predicted a record-setting $100 billion in full-year sales, but that forecast lagged an even more bullish Wall Street estimate. X The company’s guidan...
Tether is ‘a time bomb’ says Congressman Warren Davidson
One member of Congress has noted a major outlier among stablecoins, a topic that’s top of mind on Capitol Hill these days. “Tether, for example, is a time bomb,” said Warren Davidson...