In this article MRK CSG.N-CH SNBR META Follow your favorite stocksCREATE FREE ACCOUNT Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 24.6% after issuing weak guidance for the current quarter and missing earnings estimates for the
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Tesla CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme token. DOGE’s price rallied on Oct. 26 when billionaire entrepreneur Elon Musk changed his Twitter bio to “Chief of Twit” — the same day he visited
If you’ve ever purchased or searched for a piece of furniture from a major national retailer, you’ve probably come across the brand Four Hands without even knowing it. But don’t be fooled, Four Hands is a major name in the furniture industry earning nearly $500 million in revenue in 2021, outpacing the two previous years
In this article TRU Follow your favorite stocksCREATE FREE ACCOUNT From credit cards to mortgages, it’s suddenly a lot more expensive to borrow money. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to curb unrelenting inflation, with another rate hike likely on the way next week. “Borrowers are feeling
Russian aggression against Ukraine has sent commodities and gold higher. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Bondholders and the Puerto Rico Oversight Board reached a deal on the payment of Puerto Rico appropriation debt that was structured to pay 6.4% of what is owed plus some interest. The deal on Public Finance Corp. bonds was announced Wednesday on the Municipal Securities Rulemaking Board’s EMMA disclosure website. There is $1.09 billion in
The US and EU have criticised Russia’s decision to pull the plug on the wartime deal that unblocked the passage of millions of tonnes of grain via southern Ukraine, with traders and food security experts saying Moscow’s move would fuel a fresh spike in prices and increase hunger levels among poorer countries. Washington called Moscow’s
Binance Coin (BNB) has hit new all-time highs against Bitcoin (BTC) as excitement grows over the crypto’s future role on Twitter. Binance Coin sets new record against BTC Data from Cointelegraph Markets Pro and TradingView confirms that BNB/BTC briefly spiked above 0.15 BTC to a record 0.15267 BTC on Oct. 30. The in-house token of
Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs. Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation. BTC trends out of hibernation As BTC/USD stages something of a comeback in the second half of October, hodlers
A poll from the non-partisan Public Policy Institute of California predicts Gov. Gavin Newsom will be re-elected and three state-wide measures — two that would increase sports betting and another that would tax the wealthy to pay for water and fire prevention — are likely to fail. Dean Bonner, a PPIC associate survey director and
Kobus Louw | E+ | Getty Images Company: Vertiv Holdings (VRT) Business: Vertiv designs, manufactures and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. The company went public through a SPAC merger in the first quarter of 2020 with GS Acquisition Holdings, a SPAC
In this article CVX XOM AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and cost controls helped offset the slide in crude oil prices. Chevron
Knowing what we do about the healing properties of trees makes many of us search for a woodland home. Forests are the ultimate antidote to the stressed pace of modern life. They clean the air while boosting our immune systems. The Japanese believe in shinrin-yoku, or forest bathing. Henry David Thoreau, too, believed that nature
Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ. The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Municipals were little changed to a touch firmer out long Friday while U.S. Treasuries sold off on the front end of the curve and the 10-year UST rose back above 4%. Equities rallied buoyed by tech stocks. Triple-A municipal yields fell up to two basis points, depending on the scale, while UST yields rose eight
The rapacious rise of the dollar is set to wipe more than $10bn from US corporate earnings in the third quarter, analysts estimate, piling pressure on companies that are already grappling with high prices and a gloomy domestic outlook. The dollar’s strength has been eating into US earnings all year, taking its toll on makers
Tesla and Spacex CEO Elon Musk has completed the acquisition of Twitter Inc. and reportedly fired the company’s CEO and CFO. “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square,” he said. “There is currently great danger that social media will splinter
The New Jersey Turnpike Authority is scheduled to close next week on a $700 million revenue bond deal. The Series 2022B bonds priced Oct. 13. Proceeds are destined for improvement projects across the 290 miles of roadway that make up the New Jersey Turnpike and Garden State Parkway. The scheduled work will include “capacity enhancements
In this article TMUS DXCM DVA EW AMZN INTC AAPL Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Apple – Shares
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