Ready to open an account!

FINANCIAL NEWS
Mastercard launches new fraud protection tool to assess crypto exchanges
Mastercard launches new fraud protection tool to assess crypto exchanges

Mastercard on Tuesday launched a new piece of software that helps banks identify and cut off crypto exchanges prone to fraudulent transactions.

Greg Abel, Buffett's likely successor buys Berkshire stock worth $68 million
Greg Abel, Buffett's likely successor buys Berkshire stock worth $68 million

Vice Chairman and next in line to succeed Warren Buffett as Berkshire Hathaway Inc.'s Chief Executive, Greg Abel, spent more than $68 million on the conglomerate's shares last week.

Nike shares pushed lower by high inventory levels ahead of holiday season
Nike shares pushed lower by high inventory levels ahead of holiday season

Nike on Thursday said after two years of not having enough inventory, the athletic apparel company now has too much and taking aggressive steps to lower them.

Bond prices on the rise, sending stocks higher at close of trade
Bond prices on the rise, sending stocks higher at close of trade

The US stock market ended a week of heavy losses on a positive note Wednesday after bond yields tumbled and left stocks looking more attractive to investors.

Netflix stock surges on Wall Street upgrade and latest blockbuster
Netflix stock surges on Wall Street upgrade and latest blockbuster

Responding to a Wall Street upgrade and news of a new blockbuster hit, Netflix stock rose 7.1% on Wednesday.

3 Things to know in this week's markets
3 Things to know in this week's markets

Heading into this week's markets, JPMorgan analysts drop COIN price target for December, while Amazon plans a second Prime Day for the first time in one year. Elsewhere, General Motors Co said on Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks.

Salesforce introduces new profitability goal alongside host of new products
Salesforce introduces new profitability goal alongside host of new products

The enterprise software maker, Salesforce, announced a new long-range profitability goal that showed the company's determination to operate more efficiently. At the Dreamforce conference Wednesday, Salesforce introduced a host of new products, including "Genie" and "Slack Canvas."

FedEx announces unpleasant quarterly results, shares drop most in 40 years
FedEx announces unpleasant quarterly results, shares drop most in 40 years

Last week, FedEx surprised investors by announcing its quarterly results sooner than expected, which quickly turned out to be unpleasant. The shipping giant withdrew its full-year guidance and warned its fiscal first quarter would come in well below expectation.

Backed by Peter Thiel, Rumble goes public after merger approval
Backed by Peter Thiel, Rumble goes public after merger approval

Following the merger with CF Acquisition Corp. VI, the conservative video network Rumble will become a publicly held company on Monday, with CFVI shares to trade under the ticker symbol 'RUM.'

Roblox shares climb on plans to debut 3D advertising next year
Roblox shares climb on plans to debut 3D advertising next year

At its annual developer conference Friday, online gaming firm Roblox Corp. announced it plans to debut 3D ads next year as it strives to diversify its revenue stream beyond in-game purchases.

GameStop announces partnership with crypto exchange FTX, quarterly loss less than expected
GameStop announces partnership with crypto exchange FTX, quarterly loss less than expected

Meme stock favorite, GameStop Corp., reported a smaller-than-expected quarterly loss on Wednesday and announced it has partnered with crypto exchange FTX US to increase its presence in the cryptocurrency space.

Chip stocks tumble amid latest US restrictions, affects Nvidia's China business
Chip stocks tumble amid latest US restrictions, affects Nvidia's China business

US chip stocks tumbled Thursday after government officials told them to stop exporting cutting-edge processors for artificial intelligence to China.

Meta stock slide after reporting first-ever revenue decline
Meta stock slide after reporting first-ever revenue decline

For the first time, Facebook parent Meta Platforms Inc. posted a decline in revenue and issued a muted outlook as it competes with rival TikTok.

Shares of Signify Health surge on reports Amazon is competing to buy
Shares of Signify Health surge on reports Amazon is competing to buy

Shares of Signify Health Inc. soared in premarket trading Monday following reports by the Wall Street Journal that Amazon, UnitedHealth Group Inc. CVS Health Corp., and Option Care Health Inc. are competing to acquire the home-health technology and services provider.

Bed Bath & Beyond stock plunges after activist investor files to sell his stake
Bed Bath & Beyond stock plunges after activist investor files to sell his stake

Shares of Bed Bath & Beyond Inc. fell sharply into the close and are continuing to trade lower Wednesday after Gamestop Corp chairman Ryan Cohen suggested he has turned against the stock.

Walmart jumps on strong quarterly results, creates investor optimism
Walmart jumps on strong quarterly results, creates investor optimism

Shares of the big-box retailer Walmart were up over 5% on Tuesday after the company announced better-than-expected results for the fiscal second quarter of 2023

Micron invest in US chip manufacturing despite warning of demand slowdown
Micron invest in US chip manufacturing despite warning of demand slowdown

Micron announced Tuesday it would invest $40 billion over the next decade to manufacture chips in the US despite its latest comments citing a worsening market.

Beyond Meat reduces full-year forecast, cuts jobs amid slowing growth
Beyond Meat reduces full-year forecast, cuts jobs amid slowing growth

The maker of plant-based burgers, Beyond Meat, cut its revenue forecast for the full year, saying that US consumers are responding to higher prices in grocery aisles by shifting from plant-based meat alternatives to cheaper animal protein products.

Amazon stock surge over 12% on strong AWS sales and guidance
Amazon stock surge over 12% on strong AWS sales and guidance

After a three-day bombardment of earnings reports from mega-cap tech companies last week, Amazon was the big winner, posting better-than-expected results that spurred a sharp rise in the stock on Friday.

Apple sees no slowdown in demand for iPhones despite grim economy
Apple sees no slowdown in demand for iPhones despite grim economy

On Thursday, investors were encouraged by Apple's quarterly results that were "just good enough" to ease concerns about a strong dollar, inflation, chip shortages, and COVID-19 precautions in China.

Microsoft shares climb on double digit growth guidance
Microsoft shares climb on double digit growth guidance

Driven by demand for cloud computing services, Microsoft Corp. on Tuesday forecasted revenue this fiscal year would grow by double digits in sales and operating income in fiscal 2023.

Walmart tumbles on surprise profit warning and new cut to guidance
Walmart tumbles on surprise profit warning and new cut to guidance

In a surprise business update on Monday, Walmart revealed guidance for adjusted earnings per share to fall between 8% and 9% for the second quarter and around 11% and 13% for the full year, sending shares down 9% in U.S. premarket trading.

Verizon stock plunge amid weak subscriber growth and guidance
Verizon stock plunge amid weak subscriber growth and guidance

Last week, shares of Verizon Communications Inc. (NYSE:VZ) plunged to their biggest drop in 14 years after the company said cash-strapped customers and stiffer competition would pressure its business through the end of the year.

Netflix vows a rebound, raises new hopes of subscriber growth
Netflix vows a rebound, raises new hopes of subscriber growth

On Tuesday, Netflix, whose stock has had a rough 2022, said it had lost fewer subscribers in the second quarter than previously anticipated, sending shares up 8% in after-hours trading.

Tesla beats earnings estimates on strong revenue growth, sells most of Bitcoin
Tesla beats earnings estimates on strong revenue growth, sells most of Bitcoin

Electric-vehicle leader Tesla on Wednesday reported quarterly earnings after the bell that beat analysts' expectations again. Despite facing several challenges, including limited production and shutdowns in Shanghai for the majority of the second quarter, Tesla reported revenues of $16.93 billion.

Ready to get started?

Start trading with the full package, from start-of-the-art platform to free tool and favorable transaction fees.