The second-quarter earnings season started in earnest on Thursday with disappointing reports from JPMorgan Chase & Co. and Morgan Stanley. On top of missing profit expectations, JPM also announced a Read more
Tag: Corporate Actions
Twitter stock price target boosted more than 50% as skepticism has now ‘flipped’ toward Elon Musk, analyst says
Twitter Inc. has a new bullish backer on Wall Street, as Rosenblatt Securities said the social media’s company’s disclosures have “flipped” the narrative, and now makes Elon Musk look like Read more
‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms
Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the Read more
JPMorgan shares slide after earnings miss estimates and bank pauses share buybacks
JPMorgan Chase & Co. shares fell Thursday after the bank missed profit targets and temporarily suspended its stock buybacks to build up its balance sheet for an expected economic downturn, Read more
Beleaguered crypto lender Celsius files for bankruptcy: report
Embattled crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection, according to a new report. The Wall Street Journal reported late Wednesday that the New Jersey-based company had Read more
Beleaguered crypto lender Celsius set to file for bankruptcy: report
Embattled crypto lender Celsius Networks is preparing to file for Chapter 11 bankruptcy protection, according to a new report. CNBC reported late Wednesday that the New Jersey-based company was in Read more
Twitter and Elon Musk set for ‘Game of Thrones’ legal battle, says Wedbush analyst
Twitter Inc. and Elon Musk are set for a blockbuster courtroom battle over Musk’s attempt to terminate his $44 billion acquisition deal for the social media company, according to Wedbush Read more
Apple price target cut to $175 at Citi, which offers five reasons to keep buying the stock
Cautious consumers, macroeconomic worries and continued supply chain bottlenecks are going to work against Apple Inc. in the near term, but don’t give up on shares now. That’s the view Read more
‘I am freaking out!’ I started investing money with a robo-adviser in September. I’ve lost money. How am I doing? Should I keep going?
I recently opened a robo-adviser account because purchasing and picking stocks seems complicated, and I would have no idea what I am doing. I figured a robo-adviser would take out Read more
Uber paid for studies that backed its business model, and is fighting disclosure of current lobbying efforts
Uber Technologies Inc. reportedly paid high-profile academics in the United States and Europe to produce reports that could be used in the company’s lobbying, while continuing to fight a push Read more