A postal worker loads a delivery truck on October 01, 2021 in Chicago, Illinois. Scott Olson | Getty Images The Biden administration on Wednesday attempted to halt the U.S. Postal Service’s plan...
Tag: Markets
Capri Holdings, Boston Scientific, Brinker and others
Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter ...
Crypto exchange FTX to buy Japanese rival Liquid
Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021....
Extreme heat driven by climate change is new normal for oceans
A diver checks the coral reefs of the Society Islands in French Polynesia. on May 9, 2019 in Moorea, French Polynesia. Alexis Rosenfeld | Getty Images More than half of the world’s ocean surface...
Alphabet, PayPal, General Motors, AMD & more
The Google logo seen at the entrance to Google Cloud campus in Seattle. Toby Scott | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Alph...
AMC to raise $500 million in bond sale as it seeks to refinance debt
An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters Movie theater chain AMC Entertainment plans to sell $500 million i...
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,...
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, ...
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...
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...
Arab Capital Markets Announces Partnership with Takeprofit Tech
Turkish FX broker, Arab Capital Markets announced today that the company has collaborated with Takeprofit Tech, a leading software developer in the FX market. The broker is planning to facilitate its ...
Ford Stock Jumps Because It Might Have Bigger EV Plans
Text size 2022 Ford F-150 Lightning Lariat. Courtesy Ford Ford Motor shares are trading near their daily highs on Tuesday after Bloomberg reported the company would spend more on vehicle electrificati...
Crypto start-ups raised huge venture funding rounds in January
A bitcoin sculpture made from scrap metal is installed outside the BitCluster cryptocurrency mining farm in Norilsk, Russia, on Sunday, Dec. 20, 2020. Andrey Rudakov | Bloomberg | Getty Images Cryptoc...
Astra expects to receive FAA license for Florida launch by Friday
The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as earl...
Jim Cramer likes most of top holdings in Cathie Wood’s Ark Innovation ETF
CNBC’s Jim Cramer on Tuesday broke down the top holdings in star money manager Cathie Wood’s Ark Innovation ETF, saying he likes the setup in most of the closely followed fund’s larg...
These 3 medical device stocks look like ‘true steals’ here
CNBC’s Jim Cramer on Tuesday identified three stocks in the medical devices field that he believes look attractive after Wall Street’s rough January. The “Mad Money” host said ...
Corning Inc. can still go higher
Golar: “Golar is the play. Now, you have to understand, these are trades, sir. They go up and then they crater. There’s been some ones that have been involved in the shipping industry, per...
AT&T, AMC Entertainment, UPS and more
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareho...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...
Jim Cramer expects some causes of inflation ‘to get worse’ before improving
CNBC’s Jim Cramer said Tuesday he expects some of the inflationary pressures in the U.S. economy to remain at problematic levels for a little longer before relief arrives. “As I peel the l...
Alphabet, AMD, PayPal and more
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent ros...
Starbucks (SBUX) Q1 2022 earnings miss
The Starbucks logo is displayed on a cup at a Starbucks store on October 29, 2021 in Marin City, California. Justin Sullivan | Getty Images Starbucks on Tuesday reported quarterly earnings that missed...
Exxon Mobil, AMC Entertainment, UPS and more
A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies m...
FTX’s Sam Bankman-Fried explains why NFTs outperformed broader crypto markets
The market for non-fungible tokens kicked off the year on solid footing, bucking the broader market rout that sent ripples across much of US equities and cryptocurrency markets. Blue chip cryptocurre...
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...