Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website. “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this...
Check out the companies making headlines in midday trading: Rigetti Computing — The quantum computing stock soared 10%, adding to the sector's robust end-of-year rally . Shares of Rigetti are now up 1,674% on the year. KULR Technology Group — Shares pulled back around 9%, reversing the gains seen...
Check out the companies making headlines before the bell. Rigetti Computing , Quantum Computing , D-Wave Quantum – Stocks tied to quantum computing were surging in premarket trading, building on a strong year-end rally for the budding industry . Shares of Rigetti rose 27%, while D-Wave Quantum's stock jumped...
Check out the companies making headlines in midday trading: KULR Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4,...
Check out the companies making headlines before the stock market opens. GameStop – Shares jumped more than 4%, extending their gains from Tuesday. The video game retailer has risen four straight days and climbed more than 77% in 2024. Crypto stocks – Stocks linked to the price of bitcoin...
In an era where it’s become tougher to raise venture capital, many companies have turned to non-dilutive, Revenue-Based Financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model...
Check out the companies making headlines in midday trading: American Airlines — Shares slipped less than 1%, recovering from earlier losses, after the airline temporarily grounded all of its flights due to a technical issue. Broadcom — The semi stock added 2%, extending its December rally. Shares have surged...
Home Alone (1990)20th Century FoxThe classic Christmas movie "Home Alone" tells the improbable tale of a family who leaves their 8-year-old son home when they leave for vacation.Yet in the years since the 1990 film was released, viewers have focused on another question — how wealthy was the fictitious...
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These are the stocks posting the largest moves in midday trading.
Bench, a Canada-based accounting startup...
Check out the companies making...
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.
Stratos Wealth Holdings has bolstered its senior leadership team with a new chief operating officer. The family of companies which includes Stratos Wealth Partners, Stratos Wealth Advisors, and Fundamentum, has appointed Phil Nuttall to the COO role, effective immediately. He succeeds Lou Camacho, who will focus on the strategic expansion...
Citigroup Inc. will pay $2.9 million to settle Securities and Exchange Commission allegations that the bank’s broker had flawed processes in its accounting in underwriting of securities offerings. The SEC alleged Tuesday that the broker didn’t keep current records on the way it accounted for expenses charged in the underwriting...
The $17.4 billion Grayscale Bitcoin Trust rallied the most since July 2021 after a U.S. court ruling potentially paved the way for the vehicle to convert into an exchange-traded fund. Shares in the world’s largest Bitcoin portfolio jumped 17% on Tuesday, narrowing their discount to the value of the fund’s underlying token...
Dollar bulls have history on their side going into September as the currency has strengthened during that month for six years in a row. Not only has the Bloomberg dollar index risen every September since 2017, but its average gain of 1.2% in that month also beats the performance of...
A surge in short sales of US Treasury futures suggests hedge funds are expanding basis trades, a popular tactic that may be injecting leverage into a bond market whipsawed in the wake of this month’s selloff. The revival of the trade — which exploits price differences between futures and underlying...
An increasing share of low-income Americans are behind on rent and struggling to afford food, adding to signs of growing financial distress in the economy. Among households using the Supplemental Nutrition Assistance Program’s boosted pandemic benefits, 42% skipped meals in August and 55% ate less because they couldn’t afford food, more...
For almost a decade, I’ve been listening to digital prophets predict a future where banks save billions of dollars, customers can trace their mangoes back to the organic farm where they were grown, and financial intermediaries are a thing of the past, all thanks to the blockchain. I’ve been waiting for...
