In this article SPCE ROKU BLMN DLTR SHAK Scott Olson Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ forecasts. Roku also issued a weaker-than-expected outlook due to higher component prices and supply
The Federal Reserve formally adopted tough, sweeping restrictions on officials’ investing and trading, aiming to prevent a repeat of the ethics scandal that engulfed the U.S. central bank last year. The changes codify new guidelines announced in October to restrict active trading, prohibit the purchase of individual securities and boost disclosure requirements among policymakers and senior staff
Las Vegas’ emerging and evolving ultra-luxury home (properties above $5 million) market has reached world-class status offering diverse five-star lifestyles to a new demographic of buyers. Anthony Spiegel, one of the area’s top-producing brokers in that rarefied ultra-luxury sector at The Ivan Sher Group, studies market dynamics. “We never really had an ultra-luxury market here in
A sold sign is posted in front of a home in Phoenix, Arizona. Justin Sullivan | Getty Images Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate of 6.5 million units, according to the National Association of Realtors. That exceeded Wall Street expectations significantly. Sales were 2.3%
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative bills. Russian Ministry of Finance to Open Consultations on New
Triple-A benchmark yields fell further Friday, as U.S. Treasuries were better in a continued flight-to-safety bid, while equities ended in the red again. Traders and managers reported a firm tone and trading showed it on Friday ahead of next week’s lower new-issue calendar. “It’s pretty quiet,” a New York trader said on Friday afternoon, pointing
What is Near protocol blockchain? Near Protocol is a decentralized application (DApp) platform that focuses on usability among developers and users. As a competitor of Ethereum, NearProtocol is also smart-contract capable and a proof-of-stake (PoS) blockchain. Near uses sharding technology to achieve scalability, a core aspect discussed later. The native token, NEAR, is used for
David Borun goes over the best methods for closing a trade, despite how your original thesis was correct, or incorrect.
A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than
Traders working on the floor of the NYSE, Feb. 16, 2022. Source: NYSE The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the Dow Jones Industrial
The Puerto Rico Oversight Board is appealing the approved Plan of Adjustment’s treatment of up to $400 million of eminent domain claims. The claims against Puerto Rico will currently be paid in full or, in some cases, at high rates to the claimants and the board would like them to be paid at the rate
Perched atop a cliff overlooking the Pacific Ocean on Hawaii’s Hamakua Coast, the seaside retreat, Water Falling Estate, has something of a Hollywood history. Initially purchased in 2016, the nearly 11,000-square-foot showplace has been rented out to several big names, including European royalty and pop superstar Justin Bieber. ADVERTISEMENT Eventually, the over-the-top home’s visual grandeur
Mike Reynolds, 76, started building “earthships” in Taos, New Mexico, more than half a century ago. For many years, most people thought he was nuts. Why is this idiot using garbage to build with, and why is this idiot trying to make buildings that don’t need utilities?” said Reynolds, summarizing what people thought of him.
Bitcoin (BTC) sold off along with the U.S. equity markets on Feb. 17 on reports that Russia expelled Bart Gorman, the second highest-ranking American official from the U.S. Embassy in Moscow and U.S. President Joe Biden cautioned that the threat of a Ukrainian invasion by Russia remains “very high.” Although the near-term correlation between Bitcoin
Municipals were stronger on Thursday with yields falling for the first time since Feb. 3 on triple-A yield curves, but underperforming an improved U.S. Treasury market in a flight-to-safety bid while Refinitiv Lipper reported $1.3 billion of outflows from mutual funds. Triple-A benchmark yields fell one to four basis points, with the larger bumps outside
The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead, stated that digital assets will be the “best place” to store capital following the potential fallout of interest rate hikes from the U.S. Federal Reserve. Investors across stock and crypto markets are currently fixated on the direction the Fed might take to
Should you be investing in any of these three companies in 2016? Alibaba: http://www.zacks.com/stock/quote/BABA?cid=CS-YOUTUBE-FT-VID AT&T: http://www.zacks.com/stock/quote/T?cid=CS-YOUTUBE-FT-VID JC Penney: http://www.zacks.com/stock/quote/JCP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Circle, the firm behind the stablecoin USDC, has doubled its valuation to $9 billion following a new deal with blank-check company Concord Acquisition Corp. The two companies first revealed their plans to merge in July, in a deal that at the time valued Circle at just $4.5 billion. They have now updated the terms of
The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell: Roku — Shares of video-streaming company dropped 12% in extended trading after the firm’s fourth-quarter revenue missed
Federal Reserve Bank of Cleveland President Loretta Mester said she supports raising interest rates next month and tightening policy at a faster pace if needed to curb inflation. “I believe it will be appropriate to move the funds rate up in March and follow with further increases in the coming months,” Mester said Thursday in