Latest Market News
The FTX owner’s advisor unsuccessfully inquired Elon Musk about joining the acquisition deal. 860 Total views 11 Total shares Not only Elon Musk thought of buying Twitter — crypto billionaire and CEO of FTX exchange Sam Bankman-Fried “was interested” in acquiring the social network back in March 2022, according to a report from Business Insider. […]
Shares of Ballard Power Systems Inc. BLDP, -1.38% rallied 1.0% in premarket trading Friday, after the fuel cell company announced plans to invest $130 million in a manufacturing facility in China. The company said it has entered into an agreement with the Government of Anting in Shanghai’s Jiading District to establish a new China headquarter, […]
Shares of Nike Inc. NKE, -3.41% sank 9.3% in premarket trading Friday, putting them on track to open at the lowest price seen in more than two years, after the athletic apparel and accessories giant warned that it will have to cut prices to clear excess inventory, hurting profit margins. The stock was the only […]
Taiwan is the latest country to end mandatory COVID quarantines for people arriving from overseas beginning Oct. 13, the Associated Press reported. Officials said that the previous weeklong requirement will be replaced with a seven-day self-monitoring period. A rapid antigen test will still be required upon arrival, but those showing no symptoms will be allowed […]
Bank of America BAC, -1.32%, Citigroup C, -2.33%, Goldman Sachs Group Inc. GS, -1.56%, JPMorgan Chase & Co. JPM, -1.69%, Morgan Stanley MS, -1.98% and Wells Fargo & Co. WFC, -0.76% are taking part in a pilot program on climate change with the federal government starting in 2023, the Federal Reserve Board said Thursday. The […]
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 1146 Total views 23 Total shares Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December […]