- Why Coinbase CEO Sees Trump’s Win As the ’Dawn of a New Crypto Eraby Aaron McDade on 12th November 2024 at 10:23 pm
Brett Carlsen / Bloomberg / Getty ImagesKey TakeawaysThe cryptocurrency industry bet big on the election of Donald Trump, and crypto-assets have rallied in the days since he secured a second term in the White House. The industry spent hundreds of […]
- Elon Musk's Wealth Skyrockets—Here's His Latest Net Worthby Hiranmayi Srinivasan on 12th November 2024 at 10:03 pm
Grzegorz Wajda / SOPA Images / LightRocket / Getty ImagesKey TakeawaysTesla CEO Elon Musk is the richest person in the world as of November 2024, with an estimated net work of more than $300 billion, according to Forbes and Bloomberg. The bulk of […]
- Spotify Stock Pops as Subscribers Jumpby Andrew Kessel on 12th November 2024 at 10:03 pm
picture alliance / Contributor / Getty ImagesSpotify (SPOT) added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday.Monthly active users climbed 11% year-over-year to 640 million, and premium […]
- How Will The Fed React To Trump? 2016 Holds Cluesby Diccon Hyatt on 12th November 2024 at 10:00 pm
Key TakeawaysFederal Reserve officials have publicly avoided commenting on what Trump's election victory means for the economy.Although the Federal Open Market Committee's meetings take place behind closed doors, transcripts of 2016 meetings suggest […]
- S&P 500 Gains and Losses Today: Mosaic Stock Slumps After Earnings Missby Michael Bromberg on 12th November 2024 at 9:43 pm
Ty Wright/Bloomberg via Getty ImagesKey TakeawaysThe S&P 500 slipped 0.3% on Tuesday, Nov. 12, the benchmark index's first negative trading day since last week's election.Mosaic shares plunged after the fertilizer maker missed quarterly […]
- What Wall Street Analysts Think of Applied Materials' Stock Ahead of Earningsby Andrew Kessel on 12th November 2024 at 9:34 pm
Getty ImagesKey TakeawaysApplied Materials will report earnings after the closing bell on Thursday.A majority of analysts covering the stock tracked by Visible Alpha hold a "buy" or equivalent rating.The company posted record-high sales in the […]
- Voters Put Trump In Power To Lower Prices, Now They Want Him To Deliverby Diccon Hyatt on 12th November 2024 at 8:28 pm
Photo by Paul Hennessy / Anadolu via Getty ImagesKey TakeawaysLowering prescription drug costs was at the top of the wish list for Trump administration actions, according to a survey of voters in the Nov. 5 election.Voter anger over consumer price […]
- Analysts Are Bullish on Nvidia Stock Ahead of Earnings Next Weekby Andrew Kessel on 12th November 2024 at 8:28 pm
Bloomberg / Contributor / Getty Images Nvidia CEO Jensen Huang,Key TakeawaysMizuho analysts raised their price target for Nvidia ahead of earnings due out Nov. 20.The firm expects Nvidia to maintain its dominant market share in chips used in data […]
- Fertilizer Maker Mosaic Stock Tumbles as Hurricanes Impact Resultsby Bill McColl on 12th November 2024 at 7:37 pm
Pavlo Gonchar / SOPA Images / LightRocket / Getty ImagesKey TakeawaysThe Mosaic Company missed third-quarter profit and revenue estimates as its operations were impacted by recent hurricanes.Volumes at its potash, phosphate, and Mosaic Fertilizantes […]
- Why Shopee Parent Sea's Stock Is Soaring Tuesdayby Bill McColl on 12th November 2024 at 7:34 pm
Xinhua News Agency / Contributor / Getty ImagesKey TakeawaysShopee parent Sea Limited reported strong sales from its e-commerce and financial services units, sending its U.S.-listed shares higher Tuesday. Sea's third-quarter revenue was up 30.8% […]
- Small Business Owners in October Were More Optimistic Despite Record Uncertaintyby Terry Lane on 12th November 2024 at 7:26 pm
Brian van der Brug / Los Angeles Times via Getty ImagesKey TakeawaysThe NFIB Small Business Optimism Index reached 93.7 in the October survey.However, the Uncertainty Index hit its highest levels in 51 years, likely because the survey was conducted […]
- Hertz Results Hit by $1B Impairment Chargeby Andrew Kessel on 12th November 2024 at 6:10 pm
David Paul Morris / Bloomberg via Getty ImagesKey TakeawaysHertz Global Holdings reported a wider-than-expected third-quarter loss Tuesday.The company reported a non-cash asset impairment charge of $1 billion, which the company pinned on a "decline […]