On January 26, Walmart’s fintech venture firm, Hazel, announced that it is acquiring two financial technology companies as it aims to develop a financial services super app where consumers can manage ...
Category: Finance
Live Finance News Updates.
Apple to report earnings today, revealing its holiday sales amid chip shortage
Apple (AAPL) will report its Q1 earnings after the closing bell on Thursday, giving analysts and investors their first look at the tech giant’s sales through the prior holiday season. The report also ...
Why two ‘NFT nerds’ built LooksRare — and where they want to take it next
Quick Take LooksRare has very quickly taken a large portion of the NFT market in both trading volumes and protocol revenue. Yet this is largely due to the way it incentivizes traders to use the platfo...
Celo Launches a Stablecoin Pegged to Brazilian Real
TL;DR Breakdown Celo introduces cREAL as its third stablecoin, following from cUSD and cEUR. cREAL can be used to create CeFi and DeFi apps and services on the Celo blockchain. Brazilians are warming ...
Tesla stock drops 8% as investors digest new vehicle delays
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA ...
The manager of 2021’s top-performing hedge fund on his winning GameStop trade and lessons from it
(Click here to subscribe to the new Delivering Alpha newsletter.) On this day last year, investors watched in amazement as GameStop shares surged to a record high of $347.51. The stock had skyrocketed...
An Easy Market Timing Technique For Dividend Investors
Dollar-cost averaging (DCA) getty Just three weeks ago, we discussed the likelihood that the stock market was going to be a mess this year. It’s already a train wreck. You’re probably wondering whethe...
Nasdaq Private Market Crosses $50 Billion in Volume Milestone
On January 26, Nasdaq Private Market (NPM), a platform on which private companies raise capital and manage secondary transactions, announced that it has surpassed $40 billion in total transaction volu...
Teradyne Earnings Were Great. The Stock Gets Crushed on Guidance.
Text size Dreamstime Stock in robotics and semiconductor test equipment maker Teradyne was plummeting after the company reported better-than-expected fourth-quarter numbers. The fourth quarter isn’t t...
Genesis is exploring institutional hedging and liquidity products for NFTs
advertisement The institutional market for non-fungible tokens is heating up, with Genesis Global confirming that it wants to build out its own platform to address the needs of large traders in this f...
Ripple turns optimistic for 2022 with share buyback
Ripple announces $200m share buyback with optimism for crypto market in 2022 A financial dispute was put to an end last year where the plaintiff was Tetragon RippleNet and Ripple X have garnered opti...
Covid rules are being dropped in Europe despite high omicron spread
People have drinks at a bar along the Rembrandtplein as cafes and restaurants reopened following the relaxation of the Covid-19 measures, in Amsterdam on January 26, 2022. The Netherlands lifted some ...
The fund that made $700 million on GameStop knew it was time to sell after an Elon Musk tweet
NurPhoto | NurPhoto | Getty Images One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An ...
7’ Becomes The Fifth K-Pop Album In History To Hit A Special Milestone
NEW YORK, NEW YORK – FEBRUARY 21: K-pop boy band BTS visit the SiriusXM Studios on February 21, 2020 … [+] in New York City. (Photo by Cindy Ord/Getty Images for SiriusXM) Getty Images for...
FTSE 100 Gets To The Party Just As The Music Stops
getty getty The FTSE 100 has lagged the U.S. and German markets horribly. Those go-go markets have torn through the pre-Covid levels of the pre-crash and look bubbly to even bullish eyes. Here is the ...
Two best Chinese stocks to keep an eye on
Hundreds of Chinese companies are listed on the markets exchange in the United States. But which Chinese equities should you buy or keep an eye on right now? China is the world’s most populated countr...
IG Group’s Net Trading Revenue Climbs 16% in H1 FY22
The financial services provider, IG Group Holdings published its financial results for the six months ended 30 November 2021 (H1 of FY22), today. The Group reported strong performance across key metri...
Robinhood reports earnings today — here’s what to expect
Robinhood Markets (HOOD) is scheduled to report its fourth-quarter earnings on Thursday after the closing bell, as shares of the commission-fee trading platform have been trading at all-time lows. Her...
Beer giant Anheuser-Busch launches NFT project for Bud Light
Bud Light maker Anheuser-Busch is launching an NFT project which will feature 12,722 unique tokens. The project, called “Bud Light N3XT Collection” will be available to consumers 21 and over. The NFTs...
Is It A New Journey for Shiba Inu?
The concept of the metaverse is popular nowadays, and many brands and companies are announcing their metaverse projects. Now the developers of Shiba Inu have taken the initial step to create their met...
Italian space company D-Orbit going public via Nasdaq SPAC
An artist’s rendition of an ION spacecraft deploying satellites in orbit. D-Orbit Italian space transportation and services company D-Orbit announced Thursday plans to go public via a SPAC, in a...
Powell’s Pessimistic Press Conference Panics Vacation Packing Investors
China Last Night KraneShares Key News The timing of Powell’s hawkish press conference couldn’t be worse for Asian markets as many investors have exited for vacation or are packing their bags for Chine...
Seagate shares are up 20% on Thursday: explore why
Shares of Seagate Technology Holdings plc (NASDAQ: STX) are up 20% on Thursday after the global data storage company reported market-beating results for its fiscal second-quarter late last night. Impo...
Cash Pours Into Anti-ARK ETF as Cathie Wood Struggles
Text size Catherine Wood’s innovation-focused ETFs have been falling. PATRICK T. FALLON/ AFP / Getty Images As Cathie Wood’s innovation-focused exchange-traded funds have tumbled amid the latest...
CMC Markets Witness Almost Record-Breaking Revenue in Q3
CMC Markets recently released its data for the third quarter, noting almost record-breaking client money. The report accounted for the venture’s trading performance between October and December 2021. ...
Populist nations fared much worse during Covid outbreak, research says
Viktor Orban, Hungary’s prime minister, delivers a speech at the Fidesz party headquarters in Budapest, Hungary, on April 8, 2018. Akos Stiller | Bloomberg via Getty Images Risk of death from Co...
Did The ‘Vegan Mafia’ Overhype Beyond Meat Stock?
Beyond Meat hamburger is seen in a pub in Milan, Italy, on January 04 2020. (Photo by Mairo … [+] Cinquetti/NurPhoto via Getty Images) NurPhoto via Getty Images This week, Unovis Asset Managemen...
Diageo CEO: ‘we feel good about navigating inflationary environment’
Shares of Diageo plc (LON: DGE) are up 2.0% on Thursday after the British multinational reported solid profit for the first six months of fiscal 2022 on robust growth in higher-end brands. Highlights ...