Many use apps like Venmo and PayPal to send and receive money. But there’s a new player on the market: Cash App, an app created by Square, Inc., which allows users to transfer or deposit cash into the...
Category: Finance
Live Finance News Updates.
Maker Price Analysis: Holders of MKRs celebrate a gain after sharp short-covering
After forming a bullish hammer candle in the weekly price chart, the maker reflected a sharp recovery phase and regained the 40% of cost from the recent low. 20 and 50 day moving averages are below t...
Starbucks CEO Kevin Johnson on why Chinese sales were weak
Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...
Lux Capital’s Josh Wolfe on why the buy-the-dip mantra will no longer work
(Click here to subscribe to the new Delivering Alpha newsletter.) Lux Capital invests in emerging science and technology companies, making long-term bets on contrarians in the space. Over two decades,...
Jeff Zucker’s Sudden Exit Comes At A Critical Moment For CNN
NEW YORK, NEW YORK – DECEMBER 08: Chairman, WarnerMedia Jeff Zucker attends CNN Heroes at American … [+] Museum of Natural History on December 08, 2019 in New York City. (Photo by Mike Cop...
Quant provides interoperability between DLT networks through Overledger
Quant (QNT/USD) was the biggest gainer in the top 100 crypto coins by market cap today. It added as much as a quarter to its value. The asset has many advantages, a major one of which is its ability t...
Dynatrace Reports Strong Earnings. Why the Stock Is Falling Sharply.
Text size Dreamstime Shares of Dynatrace fell sharply after the software intelligence company posted earnings that beat expectations, but issued guidance that disappointed investors. Dynatrace (ticker...
Grayscale debuts ETF to track digital asset-based equities index
advertisement Grayscale Investments has launched the Grayscale Future of Finance ETF, according to an announcement issued on Wednesday. The move marks the crypto investment giant’s maiden foray into t...
Satellite internet tier at $500 per month
SpaceX has quietly rolled out a new, more powerful “premium” tier of its Starlink satellite internet service that’s targeted at businesses and enterprise customers. The new product, ...
Will The Green Bay Packers Finally Treat Special Teams Like They Truly Matter?
Green Bay Packers head coach Matt LaFleur has already fired two special teams coordinators in his … [+] first three seasons. ASSOCIATED PRESS For nearly two decades now, special teams in Green B...
In Speedy Meeting, OPEC Promises More Oil — But Can It Deliver?
Russian ministers chaired December’s OPEC meeting via video conference. Alexei Maishev/POOL/TASS With the winter Olympics around the corner it’s fitting that OPEC+ today held a record-fast meeti...
Capri Holdings shares jumped 10% in premarket trading: how come?
Shares of Capri Holdings Ltd (NYSE: CPRI) are up more than 10% in premarket trading after the fashion company reported better-than-expected results for its fiscal third quarter. Q3 results Capri said ...
NatWest Markets Removes Additional Hold Time for e-FX
In a major move towards transparency, NatWest Markets announced that it has decided to scrap the latency buffers, also known as the hold period, for e-FX. In a recently updated disclosure, the bank me...
PayPal Is Plunging. Wall Street Is Reassessing the Stock.
Text size PayPal stock pointed 19% lower in premarket trading Wednesday. Getty Images PayPal ‘s fourth-quarter earnings, and particularly its disappointing outlook, are spooking investors. Wall Street...
A round-up on FTX: Discussing acquisition, fundraise, and price standpoint
TL;DR Breakdown FTX has acquired Japanese exchange Liquid Group expanding, expanding its reach to Japan. FTX also raised $400 million, hitting a $32 billion valuation. The value of FTX’s native token...
Inflation impacts Valentine’s Day but overspending isn’t sexy
Even cupid is coming out of quarantine. Valentine’s Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, according to the National Retail Federation. On av...
Borrowers rush to get the last of the low mortgage rates
A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York. Raychel Brightman | Newsday LLC | Newsday | Getty Images M...
The Development Process: Pre-Development
Even before entering the entitlement and permitting process, there is a lot of work to create new … [+] housing. getty What follows is a brief sketch of the development process in the United Sta...
Where to buy AMD stock: it is rising after issuing a strong 2022 sales outlook
The AMD stock has bounced back and it is now on a strong bullish trend supported by the recent issuance of a strong 2022 sales outlook for Advanced Micro Devices (AMD), Inc. The stock had drastically ...
AbbVie Stock: Fourth Quarter Comes In Mixed, But Earnings Guidance Beats
AbbVie stock ticked down early Wednesday after the pharmaceutical company reported adjusted earnings of $3.31 per share on $14.89 billion in fourth-quarter sales. X On average, analysts polled by Fact...
FTX acquires Japan-based Liquid exchange
TL; DR Breakdown FTX set to complete takeover of Liquid exchange Users on the platform will be migrated to Quoine FTX crosses $32 billion in valuation FTX has continued on its quest to increase its fo...
Massive winter storm grounds hundreds of flights across the U.S.
Travelers wait at the check-in counters of Southwest Airlines at Dallas Love Field Airport in Dallas, Texas, the United States, Dec. 17, 2021. Guangming Li | Xinhua News Agency | Getty Images Airlines...
Companies cut 301,000 as omicron slams labor market
Companies cut jobs in January for the first time in more than a year as the spread of the Covid omicron variant appeared to hit hiring, payroll processing firm ADP reported Wednesday. Private payrolls...
Inventor Of ‘Shock & Awe’ Explains How It Might Work In Ukraine
Harlan K. Ullman, now senior adviser to the Atlantic Council in Washington, D.C., introduced the term “Shock & Awe” in a 1996 book that looked back at the 1991 Desert Storm campaign to liberate Ku...
U.S. Lost 301,000 Private Jobs Amid January’s Omicron Surge—The Worst Monthly Showing Since 2020
Topline After a stronger-than-expected showing in December, private U.S. employers posted their worst monthly job growth in more than a year on Wednesday, according to payroll processor ADP, one of th...
Grayscale Launches ETF – Trustnodes
Grayscale, one of the biggest crypto asset manager specializing in stock traded products, has received the greenlight to launch an ETF which starts trading today on NYSE. It’s not a bitcoin ETF howeve...
Playtech Shareholders Stop Aristocrat’s £2.7B Acquisition Bid
Playtech (LON: PTEC) has confirmed on Wednesday that its shareholders did not approve Aristocrat Leisure’s £2.7 billion ($3.7 billion) takeover bid. Though 56 percent of the Playtech shareholders vote...
AbbVie’s stock gains on fourth-quarter earnings as it reports better-than-expected sales of Humira
An earlier version of this report referred to Humana in the headline, not Humira. It has been corrected. Shares of AbbVie Inc. ABBV, +0.08% gained 1.4% in premarket trading on Wednesday after the comp...
Dune Analytics raises $69.42 million in Series B, now valued at $1 billion
Crypto analytics platform Dune has entered the unicorn club with its latest $69,420,000 Series B round. The round was led by hedge fund Coatue and brings Dune Analytics’ valuation to $1 billion,...
Washington Football Team officially renamed Washington Commanders
Washington quarterback Taylor Heinicke (4) throws a pass during the Kansas City Chiefs versus Washington Football Team National Football League game at FedEx Field on October 17, 2021 in Landover, MD....
Opinion: Invest in Google if you like — but that stock split isn’t a solid reason to be bullish
CHAPEL HILL, N.C. – Alphabet’s just-announced 20-for-1 stock split is not the bullish omen that investors are making it out to be. There are two major arguments being given for why this stock split is...