Latest Market News

Nov 02
Bausch + Lomb beats earnings expectations in Q3

An earlier version of this report gave incorrect revenue numbers. Bausch & Lomb had $942 million in revenue in the third quarter of the year, down from $949 million in the same three months of last year. It has been corrected. Bausch + Lomb Corp. BLCO, -2.93% said Wednesday that it had a loss of […]

Nov 02
Data and metadata management company Alation draws $1.7 bln valuation in funding round

Alation Inc. said Wednesday it closed a $123 million round of Series E financing that values the Redwood City, Calif., data management company at $1.7 billion. Thoma Bravo, Sanabil Investments and Costanoa Ventures led the round, with participation from new investor Databricks Ventures as well as existing and other investors such as Dell Technologies Capital […]

Nov 02
Amazon stock reverses early rally to trade lower again, putting it in danger of a 6th-straight loss

Shares of Amazon.com Inc. AMZN, -1.95% reversed an early gain to fall into negative territory, again, to put them in danger of a sixth-straight loss and the lowest close in 2 1/2 years. The ecommerce and cloud giant’s stock was up as much as 1.0% just after the opening bell, but was down 0.8% in […]

Nov 02
U.S. stocks open modestly lower as investors await Fed decision

U.S. stocks opened modestly lower on Wednesday as investors digested stronger-than-expected private payrolls data while waiting to hear from Federal Reserve Chairman Jerome Powell. The S&P 500 SPX, -0.52% opened 8 points, or 0.2%, lower at 3,847. The Dow Jones Industrial Average DJIA, -0.19% fell 102 points, or 0.3%, to 32,550. The Nasdaq Composite COMP, […]

Nov 02
Web Summit Lisbon, Nov. 2: Latest updates from Cointelegraph’s team on the ground

Binance CEO CZ talked about some of the latest crypto trends, why crypto is still a stable investment, Binance’s Twitter deal and more. 424 Total views 27 Total shares Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, and updates are in reverse order (the latest update […]

Nov 02
New Bitcoin Yardstick metric says $20K BTC now ‘extraordinarily cheap’

A simple but elegant Bitcoin (BTC) price metric has returned to lows from before the 2017 bull market. As noted by its creator, Charles Edwards, CEO of asset manager Capriole, the Bitcoin Yardstick is now at its second lowest level in history. Yardstick prints second-lowest reading ever As on-chain metrics converge to put in a […]