- Oops!Something went wrong.Please try again later.
CBZ earnings call for the period ending June 30, 2021.
The People's Bank of China vowed to stop all companies from facilitating cryptocurrency trading.
Is it time to copy the fourth-richest person in the world?
An investment arm of Chinese e-commerce giant Alibaba Group Holding Ltd, targeted in a regulatory crackdown, will divest its entire stake of 5.01% in broadcaster Mango Excellent Media Co Ltd, the media firm said. The sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large tech companies. One major target has been Alibaba, which faced a fine of $2.75 billion over anti-competitive practices.
The social media tailwinds pushed Canoo's shares up by 13.4% for the day, and apparently took several other EV stocks along for the ride, including the embattled truck maker Lordstown Motors and battery start-up Quantumscape. Lordstown Motors shares have been buzzing since late August when the company announced the hiring of new CEO Daniel Ninivaggi, who brings with him rich experience in the automotive industry. Investors hope that Ninivaggi can help turn the company's fortunes around and address some pressing concerns, such as the ongoing investigations into Lordstown for allegedly inflating production and demand numbers for its Endurance pickup.
The tax strategy at issue is the mega-backdoor Roth conversion and it has allowed some Americans to amass sizable balances in tax-free Roth retirement accounts. On Sept. 15, the House Ways and Means Committee approved legislation from House Democrats that would prohibit use of the mega-backdoor Roth conversion starting Jan. 1, 2022. The proposal is one of a series of measures Democrats are backing in an effort to prevent the wealthiest Americans from shielding multimillion-dollar retirement balances from taxes.
‘I have made an earnest attempt to get the bank to take their money back, so I was wondering if at any point or time the money would become legally mine.’
Yahoo Finance's Ines Ferre breaks down the key takeaways from Nike's Q1 earnings release.
With a market cap of $2.43 trillion, Apple (AAPL) is the world’s biggest company - the giant amongst giants. While most on the Street foresee more growth on the horizon, one analyst has just taken expectations to the next level. Tigress' Ivan Feinseth has just reiterated a Strong Buy rating for the tech behemoth and attached a Street-high price target of $198. The implication for investors? Upside of 35% from current levels. (To watch Feinseth’s track record, click here) The 5-star analyst count
'Financial institutions and non-bank payment institutions cannot offer services to activities and operations related to virtual currencies,” the People’s Bank of China says Friday.
We are going to take the expected fundamental performance for the company and build a simple discounted cash flow model (valuation), in order to help investors get more clarity on what kind of performance they need to expect from management if they want the stock price to converge with the value of Lucid.
In the face of powerful stock market strength, it's important to focus on the long term for the best results.
(Bloomberg) -- China’s housing regulator boosted oversight of China Evergrande Group’s bank accounts to protect funds earmarked for housing projects from being diverted to creditors. The developer’s funds must first be used for construction to ensure project delivery, according to people familiar with the plan. Most Read from BloombergSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignIstanbul Turns Taps on Old Fountains, Joinin
Chinese Estates, which is controlled by Hong Kong billionaire Joseph Lau and his wife, Chan Hoi-wan, said it had recently pared its stake in Evergrande and it was seeking shareholder approval to potentially sell the remainder.
One sector of the market has truly tanked. Here is the ugly, but true data.
Palantir Technologies Inc (NYSE: PLTR) was flying over 5% higher on Thursday propped up by overall market strength and continued interest in the r/WallStreetBets community of retail traders. The stock has been trading in a steep uptrend since reaching a July 19 low just above the $20 mark. Options traders hammered bullish call contracts throughout the day believing the stock has more room to run. The options traders purchased over millions worth of calls with one trader paying $201,150 for a sin
ARK Invest buys more into a pair of sports betting plays and one of its largest holdings that has come under pressure lately.
Rich families were moving fast to report capital gains in their 2020 tax returns ahead of potential rate increases proposed by Democrats.
The market rally took a big step as the S&P 500 regained its 50-day while Salesforce led stocks breaking out.
Shares of Plug Power Inc. rallied Thursday, after Piper Sandler analyst Pearce Hammond turned bullish on the hydrogen and fuel cell systems company, citing valuation and "tremendous forward momentum" on its green hydrogen plans.
(Bloomberg) -- Most Read from BloombergSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageBerlin Referendum Could Determine the Future of the City’s HousingChina banned all crypto transactions and vowed to stop illegal crypto mining, delivering the toughest blow yet to the trillion-dollar industry