Morgan Stanley (NYSE: MS) shares continue to trade in a bull market after strong fourth-quarter results. Net revenue for the full fiscal year reached $59.8 billion, representing a record in the bank’s...
Category: Finance
Live Finance News Updates.
3 top dividend stocks poised to give you a pay raise next month
3 top dividend stocks poised to give you a pay raise next month The stock market continues to be a volatile place. After a red-hot 2021, the S&P 500 is already down more than 5% to start the new y...
Jim Cramer, who once saw oil stocks as uninvestable, explains new view
CNBC’s Jim Cramer on Wednesday offered a defense of his newfound optimism about investing in oil stocks, contending that he changed his mind after concluding the circumstances had evolved. ̶...
Supreme Court Won’t Stop Congress From Accessing Jan. 6 Files, Despite Lawsuit From Trump
Topline The Supreme Court on Wednesday rejected former President Donald Trump’s request to block the National Archives from handing over about 800 pages of Trump Administration records to a House comm...
KeyBanc just raised the alarm on homebuilder stocks
Shares of Lennar Corporation (NYSE: LEN) have come down roughly 10% this month, and KeyBanc Capital Markets says the road is likely to remain bumpy in the coming months as well. Zener sees a 15% downs...
At least 6 signs show the stock market is starting to break down
Strap in! It could be a bumpy ride this year. Financial markets are off to a woeful start for the bulls in 2022. Blame surging inflation, an out-of-step Federal Reserve, or a nagging pandemic. But wha...
You’re in good shape with Commercial Vehicle Group
DuPont de Nemours: “Sold it for the [charitable trust] yesterday. Why? Because it had moved up. We wanted to be able to take a good gain.” Commercial Vehicle Group: “I like stocks th...
FAA Raises Share Of Commercial Airplanes Deemed Safe From 5G Interference To 62% Of U.S. Fleet – Including Boeing 777
Topline The Federal Aviation Administration on Wednesday said it had determined that 5G cellular transmissions did not interfere with three models of radio altimeters commonly used on airliners to det...
‘we’re optimistic about the spring and beyond’
United Airlines Holdings Inc (NASDAQ: UAL) on Wednesday reported market-beating results for its fiscal fourth quarter. Shares still fell more than 2.0% in extended trading after the air carrier said i...
Wedbush Pounds the Table on Sofi Stock
Like many of its peers in the fintech sector, Sofi Technologies (SOFI) stock has been taking a hammering over the past few months. However, that all changed on Wednesday, after the company was granted...
SEC’s Gensler warns investors about frequent trades on brokerage apps
Securities and Exchange Commission Chair Gary Gensler on Wednesday issued a warning to retail investors who use commission-free brokerage apps to buy and sell stocks. In an interview with CNBC’s...
Cocoa price prediction following bullish grindings data
Cocoa price is back on its rally after pulling back from its three-month high earlier in the week. Bullish cocoa grindings data is the rally’s key driver. Cocoa grindings Cocoa price has extended its ...
Henyep UK Changes Company Name to HYCM
On January 19, Henyep, a global CFD and forex broker Forex Broker In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling...
Dow Jones Futures: Market Correction Extends Losses; Four Stocks In Beat-Up Sector Worth Watching
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. The stock market extended losses Wednesday even as the 10-year Treasury yield retreated modestly. X ...
Exploding Kittens releases 3D-printable NFTs for new tabletop game
advertisement The company behind the popular ‘Exploding Kittens’ tabletop game announced Tuesday that it has partnered with 3D printing company Glowforge to release 10 collectible non-fungible tokens ...
PepsiCo and Beyond Meat’s joint venture will reportedly launch a plant-based jerky
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat and PepsiCo&...
Nasdaq futures are flat after index closes in correction territory
A trader on the floor of the New York Stock Exchange. Getty Images U.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising r...
The Ugly Truth About Section 181
AFP via Getty Images Internal Revenue Code Section 181 permits a 100% deduction for the first $15 million of the cost of producing a film that is shot in the U.S. (even before the film is released). ...
Its Cofounders Are No Longer Billionaires, Shares Down 60% Since IPO
Topline Robinhood cofounders Vlad Tenev and Baiju Bhatt are no longer billionaires according to Forbes’ calculations, as shares of their popular stock trading app continue to move lower in recent mont...
Alcoa Earnings Crush Estimates; AA Stock Rises After Hours
Alcoa (AA) reported Q4 earnings after Wednesday’s close that blew past estimates, putting an exclamation point on the end of a transformative year for the aluminum play. Shares rose after the Al...
a16z leads $20 million investment into African gaming startup Carry1st
advertisement African gaming platform Carry1st has announced a $20 million Series A extension led by Andreessen Horowitz, with participation from Avenir and Google. A wide range of additional investor...
56% of Americans can’t cover a $1,000 emergency expense with savings
JGI/Jamie Grill | Tetra images | Getty Images Most Americans are still struggling to build solid savings accounts nearly two years into the coronavirus pandemic. Some 56% of Americans are unable to co...
Prior Covid Infection Offered More Protection Against Delta Than Vaccines — But Both Together Did Best
Topline When the coronavirus’ delta variant surged last year, vaccinated people with prior infections were less likely to catch the virus than those who only had immunity from either an earlier case o...
Federal Covid Relief Must Help People
Just before Thanksgiving, we learned that Alabama sought to spend $400M of COVID relief on new prisons—five times as much as it plans to spend on hospitals. And now as we kick off a new year, it’...
Singapore-based ATM operators shut down machines amid MAS crackdown
Singapore-based cryptocurrency ATM companies are shutting down their machines after the Monetary Authority of Singapore (MAS) announced a crackdown on crypto advertising. A report unveiled this news e...
Johnson & Johnson’s got a new CEO and a plan to split the company in two. Here’s what else to expect out of J&J’s earnings
Johnson & Johnson JNJ, -0.31% has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything f...
United Airlines (UAL) reports quarterly results
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookin...
SEC eyes new disclosure deadlines for hedge funds building big stakes
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14...
Instagram Testing Subscription Service For Creators To Sell Exclusive Content
Topline Instagram launched a test of a new subscriptions mode that allows creators to provide exclusive content to paying subscribers, a feature popularized byby OnlyFans, Substack and Patreon, the co...