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In this article PENN AXON LYFT BMBL TWLO SMCI RIVN TTWO Follow your favorite stocksCREATE FREE ACCOUNT People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines after hours. Rivian
A man enters a Bank of America branch in New York. Scott Mlyn | CNBC As if higher mortgage rates weren’t enough, it was harder even to qualify for a mortgage in July than it has been in a decade, according to the Mortgage Bankers Association. Its monthly index measuring credit availability dropped in July
Cincinnati voters in November will decide whether to greenlight a plan pitched by city leaders to sell a 338-mile freight railway line and use the money to create a permanent investment fund to support infrastructure needs. If approved, the deal would mark one of the few instances of true asset recycling in the U.S. The
A Bitcoin (BTC) advocate based in Canada has “Zapped” 600 people a total of 300 satoshis ($0.09, or 0.000003 BTC) each in a Bitcoin-inspired social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving
Municipals were lightly traded and little changed for a typical summer Monday while U.S. Treasuries pared back some of Friday’s gains and were weaker out long. Equities were in the black to close the session. While triple-A yield curves were little changed the past two sessions, some damage was done last week, leaving market participants
China’s trade slumped in July, with exports and imports falling more sharply than economists forecast, adding to concerns about growth prospects in the world’s second-biggest economy more than six months after Beijing eased pandemic restrictions. Exports declined by 14.5 per cent year on year in dollar terms, official data showed on Tuesday, the steepest fall
Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit. On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had thus frozen its smart contract. The team added it is investigating the cause of the exploit
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Kevin Matras goes over the Filtered Zacks Rank 5 strategy. Learn how it can help you pick the best of the Zacks #1 Rank stocks. Highlighted stocks include AFAM, DKL and DTSI.
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Marco Bello | Reuters It’s put up or shut up time for the SEC on a bitcoin ETF. The Securities and Exchange Commission is required to give a thumbs up or thumbs down to ARK’s
In this article LCID BYND CE IFF PARA HIMS CHGG Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat’s Cookout Classic value pack Beyond Meat Check out the companies making headlines in after-hours trading. Chegg — Shares soared more than 25% after the educational tech company posted quarterly results. Chegg notched second-quarter revenue of $183 million,
At the beginning of August, CrowdStreet CEO Tore Steen stepped down amid fire after more than $50 million went missing, as reported in Bisnow. The funds had been raised for deals in Atlanta and Miami by New York real estate firm Nightingale Properties, and they never closed. Both the Atlanta and Miami entities filed for
A preliminary deal to restructure more than $186 million taxable Puerto Rico Industrial Development Company bonds at 100% of original par was reached last week, which some sources suggest is a signal of a larger deal with parties in the Puerto Rico Electric Power Authority negotiations. The Puerto Rico Fiscal Agency and Financial Advisory Authority
Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these traders as custodians. The app’s launch is initially taking place on the Abitrum and Optimism networks. Valio previously launched in
Bitcoin (BTC) fell below $28,700 after the Aug. 7 Wall Street open as “endless spot selling” drove BTC price action lower. BTC/USD 1-hour chart. Source: TradingView Bitcoin traders brace for losses as $29,000 support breaks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning nearer to its August lows after a shaky weekly close.
Fitch Ratings’ dim view of the nation’s political and fiscal landscape dealt an ancillary blow to America’s largest public utility this week when the Tennessee Valley Authority’s nearly $20 billion of power bonds were dropped a notch by Fitch following its downgrade of the U.S. sovereign rating on Tuesday. The TVA, a corporate agency of
Private equity firms are increasingly offering sweeteners such as fee discounts to secure backing from deep-pocketed investors, in a sign that the industry is facing its toughest-ever fundraising environment. Blue-chip firms including CVC Capital Partners, Ardian, TPG and Cinven have all in recent months offered investors either a discount on management fees or other incentives