"All About Bitcoin's" Week in Review panel discusses the recent bitcoin sell-off driving the price below $36K, comparing it with the current activity in the stock market. Plus, why the New York Senate Environmental Conservation Committee will not be reviewing the proposed two-year moratorium on non-renewable proof-of-work mining, and Q1 earnings reports from crypto mining firms like Argo and Marathon Digital.
Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.
Nikola (NKLA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
U.S. Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would allow the latter to participate in a sale process that is underway, people familiar with the matter said on Wednesday.
Medical Properties (MPW) closed at $6.02 in the latest trading session, marking a -1.15% move from the prior day.
The S&P 500's monthslong drop turned into a nosedive in the past week. The index could tumble 7% to 4075.
(Bloomberg) -- Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsIt’s Going to Be More Expensive to Visit IcelandThe nearly completed expansion of the Trans Mountain pipeline promises to vault Canada into a new role in global markets
Investors are always eager to hear that a stock in their portfolio has announced a dividend increase. For income investors, it means a monthly or quarterly raise. For investors who are also concerned with growth, such dividend hikes can portend an increase in future earnings. A dividend increase often indicates that the company's board of directors has faith that future earnings can cover the dividend hike comfortably. In addition, a dividend increase often makes the stock more attractive to inv
Sales of previously owned homes declined 0.7% in August from the month prior to an annualized rate of 4.04 million.
Eli Lilly surged 15% in one day on enthusiasm for weight-loss and Alzheimer’s drugs. But is LLY stock a buy now? Here's what you should know.
GM and Stellantis are laying off workers, as Stellantis passes on a new offer to the UAW, while another deadline looms tomorrow for the Big Three and the UAW to strike a deal.
A legal team that forced Tesla's directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery. The sum would be distributed among lawyers from four firms that spent several years building a case against the compensation paid to Tesla's directors from 2017 to 2020.
(Bloomberg) -- The seemingly low-stakes world of text and email customer messaging revealed some big fortunes Wednesday, as marketing technology firm Klaviyo Inc. began trading in New York. Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCanada Pulls Diplomats, India Suspends Visas in Escalating FightPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalVegas’ Newest Resort Is a $3.7
The Fed kept rates steady on Wednesday but suggested a less friendly outlook for investors betting on the central bank starting to back off its efforts to bring inflation down.
Since coming on the scene, cryptocurrencies have fired the imaginations of online traders, currency speculators, and mathematicians alike. The leading digital currency, bitcoin, is currently priced at approximately $26,550 per coin, representing a ~60% increase year-to-date. And it looks like bitcoin will see a strong upward pressure on that price over the next year. The bitcoin algorithm has a built-in halving mechanism, whereby the reward given to miners for solving a blockchain link is cut in
Warren Buffett had some advice for American Express CEO Steve Squeri at the start of the pandemic.
Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations, rising Treasury yields and signs of industry unease. Chip stocks soared to start the year, with the Philadelphia SE Semiconductor index rising over 50% through July. No stock symbolized the chip industry's success more than Nvidia, whose shares tripled in 2023 as the company's market value topped $1 trillion, driven by excitement over the central role of the company's products in artificial intelligence applications.
(Bloomberg) -- More colleges and universities in the US are headed for closures or mergers, with enrollment declining across higher-education institutions, according to Fitch Ratings Inc.Most Read from Bloomberg‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingNearly Half of All Young Adults Live With Mom and Dad — and They Like ItFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseStocks Fall as Yield
Novo Nordisk found "objectionable" bacteria in several batches of semaglutide, according to an FDA report. Novo Nordisk stock fell Thursday.
Shares of companies that treat everything from Type 2 diabetes to sleep apnea have been sinking since new weight-loss medications skyrocketed.
Cisco Systems said it will acquire software company Splunk for $28 billion in cash. Splunk stock jumped on the news.
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