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Category: Finance
Live Finance News Updates.
Biden Administration Preparing To Release Government-Wide Strategy for Dealing With Digital Assets: Report
The Biden administration is reportedly expected to take sweeping action on the digital asset space in the weeks ahead. According to a new Bloomberg report, a number of unnamed insiders reveal that sen...
Coca-Cola and Molson Coors to make spiked lemonade under Simply brand
Simply Spiked Lemonade Courtesy: Molson Coors Coca-Cola and Molson Coors Beverage are teaming up again, this time for a new line of alcoholic drinks under the Simply brand. The two companies announced...
Home prices surged in November, but at a slower rate, S&P Case-Shiller says
A “For Sale” sign is seen outside a home in New York. Shannon Stapleton | Reuters Even as the housing market entered its traditionally slower season in November, home prices showed big gai...
Lionsgate To Offer Exclusive ‘Moonfall’ NFT For IMAX Preview Showings
Halle Berry and Patrick Wilson in Roland Emmerich’s ‘Moonfall’ Lionsgate With tickets going on sale this morning for Roland Emmerich’s Moonfall, Lionsgate is announcing that folks at...
Asian Investors Take Risk Off
China Last Night KraneShares Key News Asian equities did not experience a miracle comeback like US markets yesterday as markets were a sea of red with investors taking a risk-off posture driven by Rus...
JPMorgan Eyes Viva Wallet, to Acquire 49% Stake
JPMorgan confirmed it may acquire approximately 49% of Viva Wallet. While the terms of the acquisition were not disclosed, the deal is speculated to be worth 700 million euros. According to Greek medi...
Nvidia stock falls after report says company could give up on Arm deal
Shares of Nvidia Corp. were declining in premarket trading Tuesday after a report indicated that the company is preparing to give up on its planned purchase of Arm Ltd. from SoftBank Group Corp. The s...
YouTube wants to help content creators capitalize on NFTs
advertisement YouTube is exploring the idea of helping its content creators to capitalize on NFTs, according to YouTube CEO Susan Wojcicki in an annual letter to content creators, as reported by Bloom...
Paris Hilton gifts NFTs to the audience on Jimmy Fallon’s Talk Show
TL;DR Breakdown Paris Hilton endorses NFTs calls it ‘Representing my Fam’ Jimmy Fallon calls it ‘the First TV Giveaway in the history of NFTs’ Paris Hilton’s crypto interests reflect her advocacy for ...
FTC likely suing to block Lockheed Martin buy
Four Aerojet Rocketdyne RS-25 engines attached to the core Stage for NASA’s Space Launch System rocket. NASA Aerojet Rocketdyne stock fell after the rocket engine and spacecraft propulsion maker...
IMF cuts global growth outlook for 2022, US and China recovery wanes
The seal for the International Monetary Fund is seen near the World Bank headquarters (R) in Washington, DC on January 10, 2022. Stefani Reynolds | AFP | Getty Images The International Monetary Fund h...
Unovis Asset Management Closes $166 Million Fund II, Warns Alt Protein Investors Should Avoid Ego Driven Valuations
Packages of “Impossible Burger” and “Beyond Meat” sit on a shelf for sale on November 15, 2019 in … [+] New York City. – Vegetarian alternatives to burgers and saus...
Is Poland Still the European Tiger in the Forex World?
Finance Magnates presents country-oriented reviews in the newest series of foreign exchange (FX) industry analyses. We want to x-ray economies, most popular trading brands, legislation, volumes, numbe...
Dogecoin Price Analysis: DOGE forms consolidation as high set at $0.14, break higher to follow?
TL;DR Breakdown Dogecoin price analysis is bearish today. DOGE/USD saw a lower high set at $0.14. Volatility continued to decline. Dogecoin price analysis is bearish today as we have seen another lowe...
COTI Partners with Indigo to Integrate DJED, Cardano-based Solution
COTI recently announced a new partnership with Indigo, a well-known algorithm autonomous synthesis protocol. The collaboration will see COTI working with the Cardano-based on-chain platform to integra...
Consumers accuse small retailers of price gouging on Covid tests
When Ja’Kiem Crayon tells customers the price for a single Covid-19 at-home test at the Manhattan-based pharmacy where he works, he’s often in for an argument. “They come in, they...
Ukraine Has A Tiny Amphibious Force With A Very Dangerous Job
Naval infantry storm ashore from ‘Yuri Olefirenko.’ Ukrainian defense ministry photo The Russian navy is assembling what is, for the Kremlin, a powerful amphibious force in the Black Sea—o...
3 Smart “Buy The Dip” Funds Yielding 8.7%
silhouette form of bear on financial stock market graph represent stock market crash or down trend … [+] investment getty This stock market selloff has gone way too far—and it’s pumped up the di...
CySEC Withdrew ICF Membership of SonaFX and Belight Capital
The Cyprus Securities and Exchange Commission (CySEC) announced on Tuesday that it has withdrawn the Investors Compensation Fund (ICF) membership of SonaFX operator Sonaf Business and Belight Capital ...
Verizon beats earnings expectations, gives upbeat outlook
Verizon Communications Inc. exceeded earnings estimates for the most recent quarter while giving an upbeat earnings outlook for the full year ahead. The company posted net income of $4.74 billion, or ...
OpenSea is reimbursing users who sold NFTs below market value
Earlier this week, some OpenSea users were shocked to find that their precious NFTs had been sold for next to nothing. And many, understandably, were devastated. “I just lost an ape guys…. IR...
Polkadot Releases Encointer to Make Web3 Fully Inclusive
As Web3 expands its potential beyond finance, Polkadot is aiming to capitalize on the movement. The network recently released a framework to help any geographically targeted group of users distribute,...
Covid and JNJ earnings Q4 2021
The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images Johnson & Johnson on Tuesday projected that its Covid vaccine would generate $3 billion to $...
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
This Stem Cell Manufacturing Startup Just Raised An $80 Million War Chest To Revolutionize Medicine
Nabiha Saklayen, CEO and co-founder of Cellino Cellino Today, Cellino Biotech, an autonomous cell therapy manufacturing company, announced an $80 million Series A financing round led by Leaps by Bayer...
SEC Charges Financial Advisor in $5.8 Million Fraud
The Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange...
Raytheon stock drops after profit beats but revenue misses expectations, and full-year outlook disappoints
Shares of Raytheon Technologies Corp. RTX, +1.04% dropped 4.1% in premarket trading Tuesday, after the aerospace and defense company reported fourth-quarter profit that beat expectations but revenue t...
Raytheon Stock Falls as Fourth-Quarter Revenue and Outlook Miss Forecasts
Text size Kyle Grillot/Bloomberg Shares of Raytheon fell 3.5% in premarket trading Tuesday after the aerospace and defense company reported fourth-quarter profit that topped Wall Street forecasts, but...