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Stock Market

Stock Market

Why this SoFi bull spies ‘opportunity in others’ fear’

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SoFi’s stock continues to find defenders in the wake of the financial-technology company’s capital-raise announcement last week. Source link
Stock Market

IBM begins layoffs amid push toward AI

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IBM Corp. on Tuesday notified employees in its marketing and communications division that it’s making cuts, the latest large tech company to trim...
Stock Market

Macy’s closing 150 stores is not exactly a shocker. Here’s why I never shop at department stores anymore.

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Experts say the once-dominant retail concept needs to adapt and evolve. But the clock is ticking. Source link
Stock Market

Neil Young is returning to Spotify — but he’s still upset about Joe Rogan and sound quality

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Neil Young’s music is returning to Spotify, two years after the rock legend yanked his songs off the service to protests its exclusive...
Stock Market

Allbirds announces new CEO, plans to close some U.S. stores as shoe demand remains subdued

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Shares of Allbirds Inc. sank after hours on Tuesday after the footwear maker forecast full-year sales that were below expectations and said it...
Stock Market

Rumble shares rise 18% after expressing interest in acquiring TikTok

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Rumble shares rose 18% to $7.90 on Tuesday following its expression of interest in taking over TikTok. Source link
Stock Market

Grayscale files plans for ‘mini’ bitcoin fund, two months after GBTC’s conversion to ETF

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Grayscale Investments is planning a second exchange-traded fund tracking spot bitcoin prices, just two months after the firm’s flagship Grayscale Bitcoin Trust converted...
Stock Market

Coinbase plans $1 billion convertible-debt deal after stock surge

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The cryptocurrency marketplace is headed to Wall Street to raise money through a convertible offering. Source link
Stock Market

Citadel’s Ken Griffin: Fed must go slow on rate cuts to avoid disaster

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Citadel’s Ken Griffin warns that a Fed policy flip-flop would be the ‘most devastating course.’ Source link
Stock Market

Global stocks are headed for a correction, but the pullback likely won’t snowball into a bear market, Ned Davis Research says

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Stocks trading around the world have trudged to record or near-record highs this year, leaving them vulnerable to a correction once the “sugar...
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