News

Jan 06
T-Mobile stock slips following quarterly customer results

T-Mobile Inc. TMUS, +0.18% shares slipped in the extended session Thursday after the telecom company reported it posted record-high customer results for the quarter. T-Mobile shares declined 1.4% after hours, following a 0.2% rise to close at $115.57. The company said it added 844,000 net postpaid phone customers in the fourth quarter, compared with 824,000 […]

Jan 06
Bitcoin fills $42K December price wick as analyst says ‘party just getting started’

Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Open interest remains high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping overnight to hit $42,000 for the first time since December. Although not the upside breakout that many had […]

Jan 06
Canadian cannabis company CannTrust developing 'orderly wind-down plan' after debt default

CannTrust Holdings Inc. said Thursday it’s developing an “orderly wind-down plan” to maximize the value of its assets, because the company does not have sufficient liquidity to operate beyond the near term. The wind-down plan would be used if a financing or strategic transaction option cannot be finalized by the Canadian cannabis producer. The company […]

Jan 06
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum

Sun Hung Kai reportedly became the biggest seller of new homes in Hong Kong in January 2022. 2074 Total views 32 Total shares Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum. Sygnum officially announced Thursday that it had […]

Jan 06
Humana stock tumbles to pace S&P 500 losers after slashing Medicare Advantage membership growth view

Shares of Humana Inc. HUM, -20.15% tumbled 13.0% toward a three-month low in afternoon trading Thursday, to pace the S&P 500’s SPX, +0.14% decliners, after the health insurance services company slashed its full-year membership estimate for its Medicare Advantage products. Humana’s stock was headed for the biggest one-day selloff since it slid 13.9% on March […]

Jan 06
Futures in the United States are cautiously mixed following the Fed’s induced retreat.

Futures in the United States are cautiously mixed following the Fed’s induced retreat. US stock futures were narrowly mixed Thursday, with the technology-heavy Nasdaq Composite set for another round of losses after minutes from the Federal Reserve’s most recent policy meeting signaled a faster pace for stimulus withdrawal and interest rate hikes, while traders looked […]