George Town, Cayman Islands, October 18th, 2024, ChainwireTalisman, the leading web3 wallet that bridges the Polkadot and Ethereum ecosystems, has launched its new cross-chain swaps feature, solidifying its role in driving more users and liquidity to Polkadot. This feature simplifies the process of swapping assets between major blockchain ecosystems,...
Zug, Switzerland, October 18th, 2024, ChainwirePolimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced...
Check out the companies making headlines before the bell. Procter & Gamble — The stock fell 0.8% after reporting weaker-than-expected revenue. The household goods maker posted $21.74 billion in revenue while analysts polled by LSEG had estimated $21.91 billion. The company attributed the miss to lower demand in China....
Boxes of Bounce dryer sheets owned by the Procter & Gamble company are seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty ImagesProcter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.Shares of the company...
Check out the companies making headlines in after-hours trading: Netflix — The streaming stock popped more than 4% after third-quarter earnings topped expectations. Netflix earned $5.40 per share on $9.83 billion in revenue, while analysts forecast $5.12 a share and $9.77 billion in revenue. The company also said its...
Check out the companies making the biggest moves midday: Taiwan Semiconductor — Shares surged 12% after the company, which is the world's largest producer of advanced chips, reported a 54% gain in net profit for the third quarter driven by strong AI-related demand. Shares of chip giants Nvidia and...
Nurphoto | Nurphoto | Getty ImagesLOS ANGELES — Netflix is due to report third-quarter earnings after the closing bell Thursday.Wall Street will be paying close attention to details surrounding the company's advertising-supported business model, upcoming live sporting events and the continued impact of its password crackdown on subscriber numbers.After...
George Town, Cayman Islands, October...
Zug, Switzerland, October 18th, 2024,...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
IRA and 401(k) millionaires are staging a comeback, with the number of seven-figure retirement accounts at Fidelity Investments inching back toward a 2021 high. The tally of such accounts rose by more than 12% in the second quarter to 727,104, according to an analysis released by Fidelity Thursday. That’s the highest since...
A Target logo is displayed on the screen of a smartphone.Sheldon Cooper | SOPA Images | Lightrocket | Getty ImagesCheck out the companies making headlines before the bell.Target — Target shares popped nearly 8% before the market opened even as the retailer slashed its full-year forecast and posted revenue...
A technician checks on a stack of wafers at the Applied Materials facility in Santa Clara, California.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines after hours.Applied Materials — Applied Materials rose nearly 2% in extended trading after beating analysts' expectations on the top and...
Walmart on Thursday raised its full-year forecast, as the discounter leaned on its low-price reputation to draw grocery customers and drive online spending.The big-box retailer beat Wall Street's expectations for sales and profits. E-commerce sales for Walmart U.S. also jumped 24%.Walmart said it now expects full fiscal-year consolidated net...
At the height of the funding boom in 2021, no single sector enjoyed as much VC money as fintech startups did. But in 2023, it appears that fintech companies have to work harder to get funding. Global funding in the space hit a six-year low in the second quarter, according...
Finra arbitrators ordered a former financial advisor to pay more than $600,000 for recommending risky options strategies for a group of Alabama investors. The investors filed an arbitration claim in July 2021 against Norman Edgar McNeill and McNeill Financial Advisory. The causes of action included unsuitability; negligent misrepresentation and suppression;...
Investor Michael Burry, who famously predicted the 2008 housing market crash and later was played by Christian Bale in the movie “The Big Short,” has bet more than $1.6 billion on a Wall Street collapse, according to an SEC filing this week. Burry is apparently going all-in, or close to...
