Starbucks Stock Eyes Best Day Since 2020 After Earnings
...
Check out the companies making headlines in midday trading. Quantum stocks — Quantum computing stocks dropped after Meta Platforms CEO Mark Zuckerberg became the latest high-profile executive to ease expectations for the technology. Rigetti Computing dropped 27%, while D-Wave Quantum shed 32%. The Defiance Quantum & AI ETF lost...
Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater, which says it has obtained an $800 million loan to fund the transaction, along with a...
Check out the companies making headlines before the bell. Quantum stocks — Quantum stocks tumbled on Monday morning, following comments from Mark Zuckerberg echoing Nvidia CEO Jensen Huang that quantum is at least a decade away from being a "useful paradigm." Zuckerberg made the comments on a Friday episode...
ORLANDO, Fla. -- Lululemon and Abercrombie & Fitch raised their fourth quarter outlooks on Monday after seeing a strong response from shoppers during the all-important holiday season. Lululemon's new outlook went over well with investors, leading shares to rise about 3% in premarket trading. But Abercrombie shares dropped about 8%...
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs,...
The march higher in U.K. government bond yields since the launch of the Labour government's debut budget plan in October sparked widespread concern last week, as borrowing costs rose to breach numerous decade highs.The prospect of public spending cuts or further tax rises came into focus as 30-year gilt...
The corporate earnings season kicks off in earnest this week, led by the six major U.S. banks. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley and Bank of America are all scheduled to post fourth-quarter results. UnitedHealth is also among the roughly 20 S & P 500 names...
Shapecharge | E+ | Getty ImagesThe labor market may be poised for dislocation with President-elect Donald Trump set to take office for the second time later this month.For the past two years, health care has dominated all other industries in terms of growth, aided partly by Covid-related spending. The...
After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t easily just take their financial data and leave. And some are very unhappy about it, three customers told TechCrunch. To recap: When Bench, a startup based...
VILNIUS, Lithuania, January 10th, 2025, FinanceWireWhiteBIT TR cryptocurrency exchange has announced a strategic partnership with Turkey’s first neobank, Misyon Bank, ushering in 2025 with a significant milestone for the Turkish cryptocurrency sector. This collaboration enables Misyon Bank to connect with individual investors across Europe through WhiteBIT TR, marking its...
Check out the companies making...
Clearwater Analytics, a company developing...
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.
With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.
...
Alex Karp, co-founder and CEO of Palantir arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023.Stefani Reynolds | Afp | Getty ImagesShares of Palantir popped 21% Thursday after the company released third-quarter earnings that beat analysts'...
Nikola TRE FCEV2Courtesy: NikolaElectric truck maker Nikola said Thursday that it has received nearly 300 orders for its new hydrogen fuel cell semitruck – but it's facing what will be a costly recall of its earlier battery-electric trucks.Nikola recalled all of its Tre battery-electric trucks, 209 in total, in...
Construction workers at a project in the Upper East Side neighborhood of Manhattan, NY on Oct. 6th, 2023. Adam Jeffery | CNBCThe cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the Labor Department reported Thursday.Unit labor costs, a measure of...
Moderna on Thursday posted a steep loss for the third quarter as it recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product, and unveiled plans to scale back production of the shot. Moderna's total revenue for the period topped Wall Street's expectations, even...
Alain Jocard | AFP | Getty ImagesAmazon is unveiling its first buy now, pay later checkout option for the millions of small business owners that use its online store, CNBC learned exclusively.The tech giant plans to announce Thursday that its partnership with Affirm is expanding to include Amazon Business,...
Berkshire Hathaway 's shares are trading at a significant discount, offering investors a buying opportunity ahead of the conglomerate's earnings report, according CFRA. Catherine Seifert, CFRA's Berkshire analyst, noted that Berkshire's Class B shares trade at 17 times her 2025 operating EPS estimate of $19.95 and at 18 times...