Latest Market News

Feb 16
Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out

Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level. 3137 Total views 11 Total shares Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark […]

Feb 16
U.S. Steel CFO to leave post this year

U.S. Steel Corp. X, +6.35% said late Tuesday that Chief Financial Officer Christine S. Breves intends to leave the company this year, after nine years of service. Breves will continue to serve as CFO while the steel maker searches for a permanent replacement, the company said. Breves has agreed to stay on the whole year, […]

Feb 15
Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI prints classic bull signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly overnight into Tuesday, going on to pass $44,000. A classic relative strength […]

Feb 15
La-Z-Boy stock drops after furniture maker reveals multiple supply-chain snags

Shares of La-Z-Boy Inc. LZB, +2.71% dropped more than 8% in the extended session Tuesday after the furniture maker reported mixed fiscal third-quarter results and detailed multiple COVID-19 snags that hindered production amid ongoing high demand for its furniture items, which include its well-known recliners. La-Z-Boy said it earned $28.5 million, or 65 cents a […]

Feb 15
Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Feb. 14, the industrial conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock […]

Feb 15
Marriott's 2021 workforce declined by 1,000 employees, has dropped 31% in two years

Marriott International Inc. MAR, +5.24% disclosed Tuesday that it had 120,000 employees at the end of 2021, including 97,000 employees in the U.S., according to the hotel operators 10-K filing with the Securities and Exchange Commission. That’s down 0.8% from 121,000 employees at the end of 2020, which included 98,000 U.S. employees. The hotel operator’s […]