Latest Market News

Nov 01
Huobi Global denies ‘large-scale layoffs’ and key exec resignations

A spokesperson from Huobi Global says rumours of layoffs are “untrue” and the “senior management team is performing their duties as per normal.” 577 Total views 62 Total shares Huobi Global says it has no plans to conduct “large-scale layoffs” and has refuted reports that two of its top executives have resigned amid a takeover […]

Nov 01
Biden backs windfall tax for oil companies: ‘It’s time for these companies to stop war profiteering’

President Joe Biden called for Congress to look into a windfall tax for oil companies, as he made an effort to address elevated gasoline prices ahead of next week’s midterm elections. “It’s time for these companies to stop war profiteering, meet their responsibilities in this country and give the American people a break and still […]

Nov 01
Stryker Corp. stock falls after company lowers outlook for 2022

Shares of Stryker Corp. SYK, +0.00% fell more than 4% in the extended session Monday after the maker of surgical equipment and other medical devices reported third-quarter results above analyst expectations but lowered its profit outlook for the year, thanks to inflation and a stronger dollar. Striker earned $816 million, or $2.14 a share, in […]

Nov 01
Steph Curry files trademark for the ‘Curryverse’ where players earn NFTs

National Basketball League (NBA) megastar Steph Curry looks set to introduce his own version of the Metaverse to NBA’s 650 million fans — filing a “Curryverse” trademark application on Oct. 26.  If approved, the United States-based trademark application, filed by SC30 Inc. will grant the four-time NBA champion exclusive rights for “entertainment services, namely, personal and virtual […]

Nov 01
Goodyear stock falls 11% after Q3 results disappoint on inflation, stronger dollar

Goodyear Tire & Rubber Co. GT, +1.44% shares fell 11% in the extended session Monday after the tire maker reported third-quarter earnings below Wall Street expectations and said “challenges” with inflation and a stronger dollar remain. Goodyear earned $44 million, or 16 cents a share, in the quarter, compared with $132 million, or 46 cents […]

Oct 31
Hologic stock jumps, as execs see ‘unprecedented strength’ entering new fiscal year

Shares of Hologic Inc. HOLX, +1.30% jumped 7.5% after hours on Monday after the maker of medical equipment and technology reported better-than-expected fiscal fourth-quarter results and issued some financial forecasts that were better than expected. The company, whose products focus on women’s health, said it was seeing “unprecedented strength” across its core businesses heading into […]