Latest Market News

Feb 09
GameStop stock up on rumors of Microsoft NFT game partnership

Execs from Immutable X and Microsoft appear to have hinted that the software giant could also be teaming up with GameStop for NFT games. 3721 Total views 62 Total shares The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with […]

Feb 09
Peloton stock soars toward first close above key chart level in 5 months

Shares of Peloton Interactive Inc. PTON, +25.28% rocketed 19.9% in morning trading Tuesday, putting them on track to close above the widely followed 50-day moving average (DMA) for the first time in five months, after the at-home fitness company announced a new chief executive and said it would cut 2,800 jobs. The 50-DMA is viewed […]

Feb 09
'Powder keg’: FSInsight report says a single spark could see BTC 5X

Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022. At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively. The Digital Assets In A Post-Cycle World […]

Feb 09
Harley-Davidson stock soars after surprise profit

Harley-Davidson Inc. HOG, +15.53% stock soared nearly 14% in Tuesday trading after the motorcycle company reported a surprise fourth-quarter profit. Net income totaled $21.6 million, or 14 cents per share, after a loss of $96.4 million, or 63 cents per share, last year. Adjusted EPS of 15 cents was well ahead of the FactSet consensus […]

Feb 09
AssangeDAO concludes raise with $53M to help Julian fight for freedom

The AssangeDAO pulled in 17,422 Ether from 10,000 people, with the funds set to be used to win the NFT auction that is supporting Assange’s legal battles. 460 Total views 6 Total shares The Decentralized Autonomous Organization (DAO) supporting Wikileaks founder Julian Assange’s legal plight has concluded its raise, generating a whooping 17,422 Ether (ETH) […]

Feb 09
Activist investors call for Guess co-founders ouster after sexual misconduct allegations

Legion Partners issued a public letter Tuesday morning calling for the removal of Guess Inc. GES, +7.65% co-founders and directors Paul and Maurice Marciano after repeated allegations of sexual misconduct and assault. The Wall Street Journal, which first reported the activist investor demand, says Legion has a “roughly” 2.5% stake in Guess. “As investors, we […]