In this article CCL NCLH GM LZB RUN KIN ORCL GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by John F. Martin for GM Check out the companies making headlines
Take a look at some of the biggest movers in the premarket: CureVac (CVAC) – CureVac shares plunged 46.2% in the premarket after the German drugmaker reported disappointing results from a study of its experimental Covid-19 vaccine. The treatment was 47% effective in a clinical trial, compared to more than 90% for other mRNA-based vaccines
In this article FSR NVDA HNST A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images CureVac — Shares of the German biopharmaceutical company continued to fall after it released primary efficacy results Wednesday for its Covid-19
In this article CCL SWBI FOXA ADBE Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Adobe — Shares of the digital cloud giant rose nearly 3% after it reported quarterly earnings of $3.03 per share. That figure beat analysts’ expectations by 22 cents, according to Refinitiv.
Federal Reserve Chair Jerome Powell speaks during a Senate Banking Committee hearing on Capitol Hill, Washington, December 1, 2020. Al Drago | Pool | Reuters The Federal Reserve unleashed a huge repositioning in global financial markets, as investors reacted to a world where the U.S. central bank is no longer guaranteeing that its policies will
Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)
Traders on the floor of the New York Stock Exchange. Source: NYSE The Federal Reserve’s signal that it is looking to step away from some of its easy policy is expected to continue to be a dominant trading theme in the week ahead and likely for the rest of the summer. In the past week,
In this article JPM LEN TK NVDA C FOXA A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images Check out the companies making headlines in midday trading. Nvidia — Shares of Nvidia gained 2.3% after Bank of America raised its price target on
Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders seem to be hesitant to take large bets until the U.S. Federal Reserve releases its latest economic projections and the timeline of the proposed rate hikes today. However, Jurrien Timmer,
It’s as miraculous as Aladdin taking off on a magic carpet: in a possible first, some of the users of a decentralized finance protocol were the ones to benefit today from an exploit, turning the concept of a ‘rugpull’ on its head. A colloquialism for when liquidity is drained from a project (often an unscrupulous
In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term. So believes David Lifshitz, the chief investment officer at ExoAlpha, a Paris-based investment management service, who noted that Bitcoin’s upside potential in the near-term is higher than that of Ethereum. He said so after spotting a
While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools — a problem that a new product from the Gelato Network is aiming to fix. First teased in a community call last week, the Gelato
The hotly anticipated “London” Ethereum hardfork now has a set block height for three Ethereum testnets — a key penultimate step towards a full mainnet launch. In a blog post on the Ethereum Foundation’s website, Ethereum core developer Tim Beiko wrote that the Ropsten, Goerli, and Rinkeby testnets now have set block heights at which
The U.S. Federal Reserve updated their inflation expectations for this year from 2.4% in March to 3.4% in their latest meeting that concluded on June 16. To tame inflation, the Fed plans to undertake two rate hikes before the end of 2023. This news has boosted the U.S. dollar index DXY to its best level
Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United States Federal Reserve Bank of St. Louis, indicating that he expects the first interest rate increase to happen in late 2022. Bullard’s comments were even more hawkish than Wednesday’s
It’s 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie’s is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I am, the CEO of a company that helps users securely store their nonfungible tokens and I
As New York’s residential market heats back up amid the easing of commercial restrictions and lower Covid rates, questions remain about what the recovery will look like and how soon investors can expect the market to return to pre-pandemic levels or higher. Much of this increased demand is due to a sooner-than-expected return to relative
Train stations make great hotels, as it turns out. The latest case in point, Central Station Hotel in Memphis, Tennessee, opened as a hotel in October 2019, after a 22-month renovation. With 123 rooms and an appropriately music-oriented décor, it is located in the thriving South Main District, near the National Civil Rights Museum, Beale
Mountain resort markets have been in high demand since the onset of the COVID-19 pandemic, sending prices soaring in hotspots such as Vail and Aspen. In Montana’s Flathead County, where Whitefish and Bigfork are located, there have been more than 90 sales of $1 million-plus in 2021. As a result, the average price for single-family
It seems as though actor and director Robert Redford is capitalizing on the real estate boom in the West, as he has officially listed his stunning Utah horse ranch for $4.9 million. Redford’s ranch, Horse Whisper Ranch, named after his 1998 movie The Horse Whisperer, is located 16 miles north of Sundance, Utah and spans