Year: 2023
Coinbase gets NFA approval to offer crypto futures contracts
The company said on Wednesday that Coinbase Global has received approval from the National Futures Association to offer crypto futures contracts to eligible US clients….
Intel cancels $5.4 billion tower deal without Chinese approval
(Bloomberg) — Intel is expected to cancel its planned $5.4 billion acquisition of Tower Semiconductor Ltd. With time running out to win regulatory approval, according…
Intel scraps $5.4 billion tower deal after China reviews delays
Posted by Anirban Sen NEW YORK (Reuters) – Intel Corp. will drop its $5.4 billion deal to acquire an Israeli contract for chip maker Tower…
Stocks Accelerate Losses Amid China Troubles, While US Consumer Stays Healthy: Stock Market News Today
US stocks saw accelerating losses at midday on Tuesday, as a week full of retail trade began to show continued consumer resilience in the United…
JNJ Kenvue exchange offer is almost here. What are you doing now.
font size Campus of Johnson & Johnson in Irvine, California. Mario Tama/Getty Images It is a difficult time for investors Johnson & Johnson…
Home Depot’s earnings beat estimates, but the CEO notes “continued pressure” on consumers
Home Depot stock fell in pre-market trading after its second-quarter earnings as investors looked forward to a more optimistic note from the usually solid retailer….
Berkshire Hathaway bet Warren Buffett on 3 homebuilders
Warren Buffett.Photograph: Rick Wilking/Reuters Warren Buffett’s Berkshire Hathaway added three homebuilders to its portfolio last quarter. The investor’s company exited three shares and cut several…
China is cutting the rate by the most since 2020 as economic woes worsen
(Bloomberg) — China’s central bank unexpectedly cut its key interest rate by the most since 2020 to prop up an economy that faces new risks…
Nvidia’s stock roar returns, leading the S&P 500, as chips rebound, playing hard
nvidia (NVDA), micron technology (in), steel dynamics (STLD), Teledyne Technologies (TDY) And homogeneous force (MPWR) is the biggest gainer in the S&P 500 stock market…
$138 billion from China’s shadow bank spirals into a terrible time for Xi
(Bloomberg) – Zhongzhi Enterprise Group Co., Ltd. In 1995 as a timber company, it has grown into a financial conglomerate with more than 1 trillion…