News

Jun 22
U.S. oil futures end higher to recoup a portion of last week’s loss

Read Next Kellogg announces plan to split into three separate businesses Kellogg Co. undefined shares jumped 8.1% in Tuesday premarket trading after the food company announced a plan to split into three businesses: “Global Snacking Co.,” which will represent about $11.4 billion in sales and include international cereal and noodles, North American frozen breakfast, as […]

Jun 22
Press release on the reopening of trading in Fountain

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Fountain, ISIN BE0003752665 on Euronext Brussels will re-open on 22/06/2022 at 11:30 CET. Source: FSMA

Jun 22
‘Disappointing’: Cardano devs delay Vasil hard fork by a month

While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly. 2352 Total views 40 Total shares Input Output Hong Kong (IOHK), the blockchain engineering firm behind the Cardano network has released some “disappointing news”, announcing a one-month delay to the […]

Jun 22
Meta settles with DOJ on alleged discriminatory housing ads, stock swings lower toward 26-month low

The U.S. Department of Justice announced Tuesday that it has obtained a settlement agreement with Meta Platforms Inc. META, -4.09%, formerly known as Facebook Inc., to resolve allegations of discriminatory advertising in violation of the Fair Housing Act (FHA). Shares of Meta reversed an earlier gain of as much as 2.5% to trade down 3.6% […]

Jun 22
SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

The commissioner made it clear she does not support bailouts for anyone in the crypto industry, arguing it’s better to “let these things play out.” 925 Total views 14 Total shares Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play […]

Jun 22
Dow jumps more than 600 points as U.S. stocks end sharply higher Tuesday

The U.S. stock market closed sharply higher Tuesday, with the S&P 500 bouncing from its worst week since March 2020 as investors bought the dip amid concerns of an economic slowdown. The Dow Jones Industrial Average DJIA, +2.15% jumped around 643 points to close more than 2% higher, while the S&P 500 SPX, +2.45% and […]