Shopify (NYSE: SHOP) shareholders beat the market by a wide margin this week. The market's jump this week played a big role in Shopify's rally. Shopify announced on Tuesday that prices were rising across its three main tiers of platform access.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
This futuristic pickup truck developed by Tesla is undoubtedly the most anticipated vehicle of the last decade. No vehicle had generated so much excitement, fueled in part by thundering statements from Elon Musk, CEO of Tesla, and other top executives. Internet searches related to the Cybertruck are considerable.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
Read this before you trade in your gas guzzler.
Cathie Wood is all about disruption, which is why she laments what is happening to the Nasdaq. The Ark Invest financial guru has repeatedly called out the Nasdaq for no longer being the disruptive force it was envisioned to be, and Wood believes that the reason the major indices have become more risk averse is the tech and telecom bubble from the late 90s.
Tech led the stock market lower in the first hour of Tuesday's session while blue chips and small caps showed mild strength. Berkshire Hathaway's Warren Buffett made $300 million on Occidental Petroleum overnight after a Cowen upgrade.
Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
Allarity Therapeutics Inc (NASDAQ: ALLR) said that for Ixempra and stenoparib monotherapy trials, Allarity is taking steps to accelerate patient recruitment to support the goals for interim data readouts by the end of 2023. Due to slower than anticipated patient enrollment in both studies, partly due to the COVID pandemic's impact on trial site staffing, Allarity has expanded its collaboration with multiple contract research organizations (CROs) to increase the number of active trial sites subst
Intra-Cellular said Tuesday its depression treatment succeeded in a key study, and ITCI stock broke definitively above its 200-day line.
FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed Tuesday. The charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act raises to 13 the number of charges Bankman-Fried faces after he was arrested in the Bahamas in December and brought to the United States soon afterward. The indictment was returned on Monday.
Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds. However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in t
Carnival Corporation on Monday said its future bookings hit record volumes in the first quarter and reported demand rebounding from the COVID-19 pandemic.
Retirement account withdrawals not only help you cover basic living expenses, but they also can fund the lifestyle you've always envisioned in your golden years. That money, however, can have unintended tax consequences. Required minimum distributions (RMDs) and other withdrawals … Continue reading → The post Social Security Taxes Can Hit You Hard in Retirement. Here's How to Lower Them appeared first on SmartAsset Blog.
Alibaba will split itself into six units in a bid to unlock shareholder value. It's the biggest overhaul in the history of one of China's most important companies.
When Ark Invest CEO Cathie Wood talks about the world of finance, people tend to listen. In a tweet from the evening of March 27, Wood says that the research of Ark Invest's Tasha Keeney, Sam Korus, and Daniel Maguire points at a big future for autonomous taxi platforms, with a possibility of scaling to an $8-$10 trillion revenue opportunity in the next seven to 10 years. While Amazon AMZN's Zoox and Alphabet's Waymo are currently the two biggest names in this space, Wood has previously said that she believes Tesla has the advantage when it comes to autonomous driving.
These snowbirds are heading south for the winter. And staying put.
Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.
Take advantage while you can.
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