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Did You Miss The Market Bounce? Apple and These 5 Name-Brand Stocks Are All Up 30% From The Bottom
2022 Aug 11, 6:20pm | 821While the jury is still out on whether June 16, 2022, marked a bottom that the markets won't return to this year, stocks have been rallying. The S&P 500 dropped six times in seven sessions amid a widespread sell-off and growing recessionary concerns in response to global central banks...
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Did Robinhood Manipulate The Markets In 2021? A Judge Says Retail Platform Must Prove Otherwise
2022 Aug 11, 5:15pm | 459A judge decided on Thursday that Robinhood Markets Inc. (NASDAQ: HOOD) must respond to retail investors' charges of market manipulation stemming from the January 2021 meme-stock craze. At the center of the controversy is Robinhood's response to several volatile trading sessions last year...
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2022 Returns For Investor And Pandemic Darlings: You Won't Believe This Stock That Is Positive On The Year
2022 Aug 10, 4:55pm | 8672022 has been an uncertain year in the markets, to say the least. A number of second-quarter big tech earnings were delivered in recent weeks, showing signs of stability in the macro environment and less of a recession. Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG...
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What Do Gasoline Prices And Jobs Data Mean For Inflation Report Next Week?
2022 Aug 06, 2:10pm | 443The July 2022 CPI statistics will be released on August 10 at 8:30 a.m. ET. What Is Gas Doing? Gasoline was one of the largest contributors to the 9.1% inflation rate in June, the biggest annual increase in over four decades. According to the CPI data from June, gasoline rose 11.2%, its largest...
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Is The 'Pounce' Happening Today? Here's What To Expect For AMC's Earnings
2022 Aug 04, 1:53pm | 458AMC Entertainment Holdings Inc (NYSE: AMC) is set to deliver its second-quarter earnings report on Thursday after the closing bell. If Imax Corp (NYSE: IMAX) CEO Richard Gelfond was right in his assertion on Monday, AMC should have powerful earnings. What Happened: Last week, IMAX released its...
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Investors Wanted Uber To Be Profitable - It's Close, And Lyft Is Along For The Ride
2022 Aug 02, 12:00pm | 516Back in May, ride-sharing giant Uber Technologies Inc. (NYSE: UBER) delivered its first-quarter 2022 earnings report. Back then, Uber CEO Dara Khosrowshahi declared that the business would reduce spending in order to concentrate on getting leaner in order to address the "seismic change"...
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Berkshire Hathaway's Charlie Munger Isn't Worried About Inflation: 'I'm Always Aware Of It, But It Doesn't Stop Me From Operating'
2022 Jul 29, 1:54pm | 535Charlie Munger, one half of the dynamic duo that transformed then-dying textile business, Berkshire Hathaway Inc (NYSE: BRK.A) (NYSE: BRK.B), into one of the world’s most profitable and lucrative holding companies said he’s not worried about macroeconomic trends and...
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'I Have Four Children, That Money Was An Investment Into Their Futures': Voyager Digital Bankruptcy Has Financially Destroyed Families, Creating Mistrust In Similar Platforms
2022 Jul 28, 2:32pm | 893Investor confidence in the companies that support the cryptocurrency industry still in its infancy has been damaged by the failure of the Voyager Digital Ltd (OTCMKTS: VYGVQ) crypto platform. Lisa Dagnoli, a mother of four from Massachusetts sold her family business at the height of the COVID-...
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'My Family's Future Is Ruined': Dozens Of Voyager Digital Customers Send Letters To Bankruptcy Judge
2022 Jul 26, 4:09pm | 692Jacob spent six years building his cryptocurrency portfolio to 100 Ethereum (CRYPTO: ETH) — worth around $138,000. It’s gone. And only because he made the decision to put the ETH in a Voyager Digital (OTC: VYGVQ) wallet. What happened: Among the most recent to file for Chapter 11...
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WWE Probe Of Former CEO Vince McMahon Reveals $14.6M In Unrecorded Expenses
2022 Jul 25, 12:05pm | 569World Wrestling Entertainment Inc. (NYSE: WWE), in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, disclosed $14.6 million in “Unrecorded Expenses” that could be related to the hush money payouts former CEO Vince McMahon allegedly made...
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'I'm Rubber, They're Glue' Elon Musk Responds To Twitter Blaming Him For Missed Earnings
2022 Jul 22, 3:22pm | 537‘Whatever you say bounce off me and sticks to you,’ is the rest of that riposte, and what the Tesla Inc (NASDAQ: TSLA) Chief Executive, Elon Musk, said in response to Twitter Inc (NYSE: TWTR) blaming him (in part) for its missed earnings report on Friday. I'm rubber, they're...
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Tesla Hasn't Sold Any Dogecoin, But Elon Musk Says Bitcoin Sale 'Shouldn't Be Taken As A Verdict'
2022 Jul 21, 1:23am | 557Tesla Inc (NASDAQ: TSLA) reported its second-quarter earnings after the closing bell on Wednesday, beating analysts’ top and bottom line estimates. Here are key figures from the report compared with Wall Street's predictions. Revenue: $16.9 billion vs estimated $16.88...
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In 1969, A Man Walked On The Moon; In 2023, SpaceX Toys Will Land In Stores
2022 Jul 20, 7:24pm | 522It seems Elon Musk wants to help children realize their inner space explorers. What Happened: Mattel Inc (NASDAQ: MAT) announced on Wednesday a multi-year agreement with Musk’s space exploration company, SpaceX, to create and market products, toys and collectibles that inspire children...
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Here Is Everyone (For Now) 3 Arrows Capital (3AC) Owes Money To
2022 Jul 20, 6:14pm | 1222As Three Arrows Capital (3AC) goes through the liquidation process mandated by the Order of the Eastern Caribbean Supreme Court in the High Court of Justice in the British Virgin Islands, the full depth of the company's implosion and its effect on the crypto industry is starting to...
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Judge Grants Twitter Expedited Trial Against Elon Musk: What You Need To Know
2022 Jul 19, 1:24pm | 475Delaware Court of Chancery Judge Kathaleen McCormick granted a motion from Twitter Inc (NYSE: TWTR) Tuesday seeking an expedited trial in the company's lawsuit against Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, which aims to force him to follow through on a buyout of the social...