Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with their own rising costs. Lower-cost oatmeal, pickles, granola bars...
Tag: Companies
Stocks Are Under Pressure. Add This Accounting Entry to the Risks.
Text size ADT recently valued its intangible assets at more than 200% of its market capitalization. Joe Raedle/Getty Images Weakening demand, inflation, and higher interest rates aren’t the only risks...
How to Invest During a Bear Market: 6 Tips
If you’re new to the stock market, you’ve probably had a rude awakening: The value of your investments has declined in the past few months. While that may be worrisome, don’t panic. A bear market—defi...
Bankman-Fried says his firms may deploy ‘hundreds of millions’ to backstop struggling crypto industry
In an interview with CNBC today, FTX CEO Sam Bankman-Fried said that he would be willing to spend “hundreds of millions beyond what we have thus far and in some cases more than that” to backstop firms...
FTX, Alameda propose early liquidity plan for Voyager Digital customers
The company that owns and operates the popular cryptocurrency exchange FTX.com has proposed a plan to allow Voyager Digital customers the chance to receive a part of their bankruptcy claims immediatel...
General Electric unveils the names of its three future public companies
General Electric (NYSE: GE) announced the brand identities of the future publicly-trading companies it plans to create via a planned separation of the core company into three different global, investm...
People Are Backing Out of Home Purchases
Text size D.R. Horton said its cancellation rate was 24% in the latest quarter. Above, contractors at a D.R. Horton development in Florence, Ariz. Caitlin O’Hara/Bloomberg In its most recent qua...
Oil Doesn’t Have to Boom for These Companies to Thrive
Oil-and-gas companies aren’t anywhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing out profit as if they were. Schlumberger said on Friday that its...
Hashflow raises $25 million to support structured product launch
Hashflow, the decentralized finance trading platform, raised $25 million in a Series A round to fund its expansion and launch into structured products later this year. The capital infusion brings the ...
The Best Tech CEOs: What Matters Most
Text size Shopify CEO Tobi Lütke spent years programming before he co-founded the e-commerce software firm. He has said he knows how long projects will take—and which initiatives to choose—because of ...
Binance Had ‘Very Minimal’ Exposure to Collapsing Crypto Lending Companies, Says CEO Changpeng Zhao
The CEO of Binance is answering questions about its risk exposure in the wake of several large crypto lenders collapsing. In a new interview with CNBC’s TechCheck, Binance head Changpeng Zhao explains...
Bitmedia, advertising for crypto companies
SPONSORED POST* Bitmedia is an advertising marketplace that connects crypto companies to their potential users through a network of publishers. On Bitmedia’s marketplace, crypto companies that want t...
Intuitive Surgical Stock Is Tanking. But Analysts Like the Long-Term Story.
Text size J.P. Morgan calls Intuitive’s da Vinci Xi robotic surgical system first and best in class. Courtesy of Intuitive Surgical Surgical systems manufacturer Intuitive Surgical had a disappo...
The World’s Best Smart Contract Security Audit Companies in 2022
Background On March 29, 2022, the blockchain project Ronin was hacked, and about $600 million in cryptocurrency was stolen. On April 17, 2022, the algorithmic stablecoin project Beanstalk Farms was ha...
New SkyBridge fund to invest in web3, fintech startups: Business Insider
Anthony Scaramucci’s investment firm SkyBridge Capital will roll out a fund for web3 and crypto startups starting September, Business Insider reported on Wednesday. The fund, which is a mix bet...
The Companies Taking Advantage Of America’s LNG Boom
Over the past few years, dozens of U.S. midstream companies have set their sights on natural gas pipelines and export terminals as the U.S. natural gas and LNG markets explode while crude oil pipeline...
Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies
Beller co-created Facebook’s libra stablecoin project (the company is now Meta and libra, renamed diem, was recently shut down) before joining NFX in September 2020. The company’s Fund III – whi...
Gensler Says SEC Should Regulate Crypto Lending Companies
Key Takeaways SEC chair Gary Gensler told CNBC today that crypto lending firms fall under the scope of the securities regulator. He noted that crypto lending firms offer returns as high as 10% and com...
AT&T Stock Drops Despite Adding Subscribers. Here’s Why.
Text size AT&T added more wireless and fiber subscribers than expected, paid down debt, and continued to invest in fiber and 5G. Justin Sullivan/Getty Images In its first three months as a telecom...
“No Financial Exposure to Bankrupt Crypto Companies”- Says Coinbase Exchange
As per coinbase coinbase [email protected] Centralised Exchange Followers : 0 View profile reports, in a statement, it revealed that it has no Financing Exposure to Failed Crypto Firms named celsius n...
US Congressman blasts SEC for non-judicial actions against crypto companies
Tom Emmer, the Republican Congressman from Minnesota, has become the latest politician to blast the United States Securities and Exchange Commission (SEC) for its unethical actions against crypto comp...
Invest in companies that ‘think twice’ about hiring during a Fed-mandated slowdown, Jim Cramer says
CNBC’s Jim Cramer on Wednesday advised investors to buy stock of companies that are adjusting their hiring efforts to fit the economic environment. “If you want to invest with profligate c...
FTX Rescued Struggling Crypto Companies To Keep Industry Healthy, Says CEO Sam Bankman-Fried
FTX CEO Sam Bankman-Fried says the company has been acquiring stakes in other crypto firms for the sake of keeping the industry strong. In a new interview during the Bloomberg Crypto Summit, Bankman-F...
Democrats Demanded More Info From Crypto Mining Companies, Wrote Letter
Crypto mining companies are making a major impact on climate change that calls for government intervention—Democratic lawmakers. On Friday, several United States Senators and Congress members wrote a ...
Senator Emmer says SEC is ‘politicizing enforcement, baiting companies’
US lawmaker Tom Emmer has accused the Security and Exchange Commission (SEC) of “cracking down on companies outside its jurisdiction.” ?The SEC Director of Enforcement admits the SEC is cracking down...