A Dollar General store in Creve Coeur, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Williams-Sonoma – Shares of the retailer jumped more than 20% after the company beat top and bottom line estimates during the fourth quarter. Williams-Sonoma earned $3.95 per share excluding items during
Chairman of the Federal Reserve Jerome Powell testifies during the Senate’s Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress on September 24, 2020, in Washington, DC. Drew Angerer | AFP | Getty Images Treasury yields flared on Thursday as bond market players grappled with the Federal Reserve’s
A pedestrian walks past American multinational sport clothing brand, Nike store and its logo seen in Hong Kong. Budrul Chukrut | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell on Thursday: FedEx – Shares of the delivery service ticked up 3.6% after the company announced fiscal third-quarter
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike came in 14 cents a share above estimates, with quarterly profit of 90 cents per share. The athletic footwear and apparel company’s revenue came in below analysts’ projections, however, and its full-year revenue outlook was also shy of estimates.
Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Visa — Shares of the payment processor fell 4.7% in midday trading after a report said the Justice Department is investigating whether business practices at the payment processor’s debit-card business is leading to unlawful market dominance. The Wall Street
Chairman of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh | Reuters The Federal Reserve could remain a source of angst for markets in the week ahead, with chairman Jerome Powell scheduled
Over the past two months, the open interest on Ether options increased by 50% to reach $3.1 billion as ETH price gained 44% in that time period. Ether’s price appreciation and the rising options open interest resulted in a potentially historic $1.15 billion expiry set for March 26. Most exchanges offer monthly exposures, although a
Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken exchange — just short of its $1.48 all-time price high, set on Feb. 27. Cardano’s 1-hour chart shows the asset
Bitcoin (BTC) continued to face strong resistance at the $60,000 level on March 19 as bulls spent the day climbing back from an early morning drop which briefly pushed BTC into the sub-$56,500 range. Data from Cointelegraph Markets and TradingView shows that after being rejected at the $60,000 level on March 18, the price of
A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three years” when it will be clear whether Bitcoin will evolve into an asset class or
NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours. In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming most major cryptocurrencies on the exchange. There are three key reasons behind the
It really doesn’t seem like the decentralized finance sector is planning to slow down its development in 2020. Interest in the sector is still growing despite high Ethereum transaction fees, and the total value locked in the space continues to break all-time highs, recently reaching $51 billion. 1inch is a decentralized exchange, or DEX, aggregator
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bullishness for Bitcoin continues despite its struggle to reclaim $60,000
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Sanja Kon, CEO of Utrust Sanja Kon is the CEO of Utrust, a blockchain-native payments ecosystem that wants
Data has become one of the most valuable resources on the planet and its analysis, collection and monetization have helped companies like Google and Facebook achieve blue-chip status in the eyes of investors. With monetization comes risk and privacy protection is one of the biggest challenges companies and data producers face. One cryptocurrency project that
Bitcoin (BTC) has been facing stiff resistance near the $60,000 level for the past few days. This suggests that market participants are cautious at these levels and a positive trigger may be needed to drive the price higher and start the next leg of the uptrend. One of the developments that could be bullish for
Hong Kong billionaire Li Ka-shing’s flagship firms reported that their annual profits were dragged down last year due to the “unprecedented challenges” of the coronavirus pandemic. CK Hutchison experienced its first profit decline since it was restructured in 2015. The conglomerate with businesses that span ports, retail, infrastructure, energy and telecommunications said its profit came
Broker/Owner of Commercial Professionals in Las Vegas for over 25 years focusing on off market investments. Prof Speaker and Success Expert. The pandemic has negatively affected all classes of commercial real estate (CRE), however, it has also generated innovative possibilities for the CRE market this year including affordable rental prices, efficient online communication and sending in forms
Rodolfo Delgado is the Co-Founder & CEO of Replay Listings, the first platform to find apartments for rent in NYC focused on unedited videos. Have you ever been haunted by ads for something you searched online? For me, that invasion of privacy I accidentally consented to with a click of a button recently took the shape
Dave Friedman is Co-Founder and CEO of Knox Financial, the smart and frictionless way to turn a home into an investment property. With interest rates at record lows, this spring could bring one of the hottest markets for investment property in decades. If you’re considering buying your first investment property, or adding to your real estate portfolio