Alibaba Plans to Move Its Stock to Hong Kong. Others Will Follow.

Text size Alibaba says it has filed to change its primary stock listing to Hong Kong rather than the U.S. AFP via Getty Images Alibaba Group Holding on Tuesday said it has filed to change its primary ...

Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending

Visa Inc. topped expectations with its latest results Tuesday and gave an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid increasing unea...

Why Technology Innovation Enthusiasm Will Not Be Enough to Drive Cryptocurrency Mainstream – crypto.news

Tech innovation is an inevitable exercise that looks forward to transforming the phase of various industries. Ideally, new systems and solutions need to be developed or upgraded to meet current requir...

Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong cloud growth

Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their g...

Opinion: We’re probably in the early stages of a new bull market. Nervous? Start with these 5 ‘moat’ stocks

The odds are good that June 16 marked the stock market’s low, and we are in the early stages of a new bull market. Inflation is rolling over. Supply chains are repairing. There is enough terror in the...

Coinbase Faces Huge Challenge — Which May Affect All of Crypto

In the middle of a crypto industry trying to take a breather after months of falling digital-currency prices, a bomb may be primed to explode.  The market has lost more than $2 trillion due to a marke...

General Motors (GM) earnings Q2 2022

GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by J...

Alphabet’s Earnings Are Today. Here’s What to Expect.

Text size Google’s Bay View campus in Mountain View, Calif. Noah Berger/ AFP/ Getty Images Tuesday night is a big one for Alphabet , and for the rest of the stock market. Google’s parent company...

Celsius customers write pleas to bankruptcy court to get crypto back: ‘This is an emergency situation, simply to keep a roof over my family and food on their table.’

Some customers of crypto lender Celsius Network, which filed for bankruptcy earlier this month, have written to the Bankruptcy Court for the Southern District of New York, with a hope of getting their...

Big Tech earnings are about to determine the direction of the market

Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to ...

Microsoft earnings: It’s the forecast that matters, so be patient

The most important financial news Microsoft Corp. executives will provide Tuesday requires a bit of a wait. Microsoft MSFT, -0.59% is scheduled to report fiscal fourth-quarter financial results after ...

These 20 stocks still have at least 48% upside, analysts say, despite the S&P 500’s 8% gain from its lows

The S&P 500 has climbed 8% since June 16, when it closed at its lowest point this year. While the benchmark index is still down 17% this year, analysts expect it to soar 21% over the next 12 month...

Aptos closes $150 million round led by FTX Ventures, Jump Crypto

Aptos, a blockchain startup founded by former Meta employees, this morning announced a $150 million round led by FTX Ventures and Jump Crypto.   The startup’s latest raise includes new investors...

Microsoft’s Activision Deal Is Likely to Win Approval, Analyst Says

Text size Microsoft has said it plans to release Activision’s Call of Duty videogames on Sony’s PlayStation. Rich Polk/Getty Images for Activision Activision Blizzard stock continues to tr...

Alphabet Earnings Preview: Will Tech Giant Post a Report Like Snap’s?

Alphabet  (GOOGL) – Get Alphabet Inc. Report  (GOOG) – Get Alphabet Inc. Report has not been trading all that well. In February, the company reported strong earnings, announced a big buyba...

Redbox stock shoots toward best day on record

Shares of Redbox Entertainment Inc. were surging toward their best day on record Monday, though it wasn’t immediately clear what was driving the stock move. The shares were soaring 87% in afternoon tr...

GM electric vehicle chat tool aims to fill the ‘EV knowledge gap’

GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them....

National Football League’s new streaming service NFL+ launches at $4.99 per month

Ja’Marr Chase #1 of the Cincinnati Bengals makes a catch over Jalen Ramsey #5 of the Los Angeles Rams during Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. Gregory...

Expect Two Recessions, and a Quick End to the Fed’s Interest-Rate Hikes

Forward guidance sounds like a great idea. Central bankers should lay out their longer-term goals to influence financial markets. Just as hockey great Wayne Gretzky would skate where the puck was head...

Intel to Help Make Chips for Taiwanese Designer MediaTek

Text size Intel will make chips for Taiwan-based MediaTek. Courtesy Intel Corporation Intel said Monday its technology would be used by Taiwan-based  MediaTek   to manufacture chips for smart devices....

NXP Semi Will Kick Off Earnings Season for Chip Stocks. What to Expect.

Text size Dreamstime NXP Semiconductors reports earnings on Monday, kicking off earnings season for chip stocks. But many investors and analysts are bracing themselves for muted results across the ind...

Ripple Expands Its Remittance Technology to Philippines via QNB in First-of-Its-Kind Move

In a historic move, Ripple partner QNB has launched a direct remittance service for money transfers from Qatar to the Philippines. This makes it the first bank in Qatar to introduce the service. Throu...

Giant Manager Buys Up Apple, Nvidia, Corning, and Pfizer Stock

Text size MEAG bought 66,593 Nvidia shares to double its investment to 130,142 shares at the end of June. Justin Sullivan/Getty Images The investment arm of one of the world’s biggest insurers just ma...

Users of payment services like Zelle need better scam protection, Dems tell CFPB

It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmak...

Bed Bath & Beyond Followed a Winning Playbook—and Lost

Mark Tritton arrived at Bed Bath & Beyond in 2019 with a plan to revive the home-goods retailer and ward off competition from Amazon.com Inc., Target Corp. and other large chains: sell what nobody...

Google Parts With Engineer Who Claimed Its AI System Is Sentient

Google fired an engineer who contended that an artificial-intelligence chatbot the company developed had become sentient, telling him that he had violated the company’s data security policies after it...

Gold Prices Hit by Renewed Bets on Higher Yields and Stronger Dollar

Inflation keeps surging to multiyear highs, yet gold can’t catch a break.The most actively traded gold futures contract has fallen $79.90, or 4.4%, to $1,727.40 troy ounce in July, on pace for its fou...

Apple, Visa, Microsoft, Exxon Mobil, Chipotle, and Other Stocks for Investors to Watch This Week

It will be a busy week on both the micro and macro fronts. Second-quarter earnings season ramps up, as more than 150 S&P 500 firms report, including Big Tech. The Federal Reserve’s policy committe...

Billionaire Mark Cuban Says He Suffered Losses

Mark Cuban is one of the most famous and influential billionaire entrepreneurs.  On the hit TV show “Shark Tank” on ABC, many entrepreneurs and startups hope and dream that he will be attr...

Crypto: Billionaire Mark Cuban Warns of a Powerful Player

The crypto industry is currently going through a crisis that has already crushed some major players like hedge fund Three Arrows Capital and lenders Celsius Network and Voyager Digital.  After losing ...

Apple, Amazon, Microsoft, Google and Facebook Enter the Scene

They are the companies whose names are part of the daily lives of consumers.  It is almost impossible to escape them in many daily economic activities.  They are in the top 10 of the most valuable com...

Tesla Wasn’t a ‘Money Furnace’ After All

Text size Tesla’s credit metrics look better than automotive peers. They look better than many large-cap stocks too. Justin Sullivan/Getty Images It turns out that money furnaces don’t have to b...