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Yahoo Finance Plus Grayscale Investors Want to Cash In With ETF. It’s an Uphill Fight for CEO.
Michael Sonnenshein said the firm's "energies" are focused on converting Grayscale Bitcoin Trust into an ETF, setting up a court battle with the SEC.
Michael Sonnenshein said the firm's "energies" are focused on converting Grayscale Bitcoin Trust into an ETF, setting up a court battle with the SEC.
Digital Currency Group has started to sell shares of its cryptocurrency funds at a significant discount, according to a Tuesday report from the Financial Times.
The company said it expected adjusted profit in the range of $10.70 to $11.10 per share for the full year, compared with analysts' average estimate of $11.65, according to Refinitiv IBES data. AbbVie's weak forecast suggests that Humira rivals could nibble away at the blockbuster drug's market share at a faster pace this year than analysts' projections.Amgen Inc recently launched Amjevita, the first such competition for Humira in the U.S., at a 5% and 55% discount to the drug's monthly price of $6,922.
V.F., an S&P 500 Dividend Aristocrat, raised its payout for at least 25 straight years before cutting. Here's how to select dividend stocks for safety.
Digital Turbine (APPS) delivered earnings and revenue surprises of -21.62% and 12.24%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Cathie Wood has made quite a name for herself as the top growth stock picker at Ark Invest in recent years. Wood has spent the last seven trading days buying metal 3D printing company Velo3D , the past eight sessions buying human tissue 3D printing company Organovo , and the past nine sessions buying clinical-stage oncology treatment company Repare Therapeutics . In 2022, Wood acquired 10.1 million new shares of Velo3D worth about $32 million, according to Stock Circle, bringing her ownership of outstanding stock to 5.8%.
Bill Gates looks for income, too. This is how he gets it.
“This time is different,” Burry tweeted Tuesday, including a chart that showed the roughly 40% stock market drop—and multiple bear market rallies—that occurred during the dotcom bubble.
Shares of Google parent Alphabet are down in Wall Street trading after a glitch in the company’s new artificial intelligence (AI) platform, Bard, contributed inaccurate information in promotional video.
Credit Suisse has suffered its biggest annual loss since the 2008 financial crisis and scrapped bonuses for its top executives as the scandal-hit lender embarks on a drastic overhaul.
Disney CEO Bob Iger delivered some magic.
Recently, Zacks.com users have been paying close attention to AMC Entertainment (AMC). This makes it worthwhile to examine what the stock has in store.
The beverages and snacks giant reported adjusted earnings per share of $1.67, beating estimates of $1.65, helped by price rises.
Every investor is in the stock market to find a solid return. That’s the bottom line, and while it sounds simple, the trick is finding stocks that are primed for gains and will make the inherent risk worthwhile. Risk can’t be avoided in the markets, and it usually increases in a direct relationship to a stock’s return potential. And there are few stock segments that offer a higher return potential for the risk involved than the penny stocks, those equities priced at $5 or less. When we say high
Plug Power (PLUG) closed at $15.90 in the latest trading session, marking a -1.49% move from the prior day.
What to know in markets on Thursday, February 9, 2023.
This promise was made via a signed promissory note, and the return was less than the annual return I had been experiencing years before. The question I have is twofold: What’s the best way to mend and repair the relationships with friends and family, and to what extent could I be faced with punitive legal action? Promissory notes are typically used in real estate, automobile, college and/or personal loans.
PepsiCo posted a nearly 11% rise in sales for the fourth quarter as higher prices for its beverages and snacks continued to offset rising costs. The beverage maker said Thursday that it expects continued growth this year, with organic revenue, which strips out the effects of foreign-currency fluctuations, acquisitions and divestitures, projected to rise 6%. Chief Executive Ramon Laguarta said the company expects inflationary pressures to persist throughout the year.
International Flavors (IFF) delivered earnings and revenue surprises of 3.19% and 1.20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Lincoln Financial Group's latest earnings report comes three months after it reported a $2.6 billion third quarter loss that one Wall Street analyst called “a catastrophe.”