Markets
Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten
Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid […]
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Stock futures fall slightly following rocky start to October: Live updates
Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Michael M. Santiago | Getty Images Stock futures slipped in overnight trading following a sour start to the new trading month and final quarter of 2024. Futures tied to the Dow Jones Industrial Average edged down 80 […]
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Where the charts indicate gold is headed next as it rallies on escalating geopolitical tensions
Gold is making new all-time highs fueled by two factors: escalating tensions in the Middle East , as well as central banks around the world moving to a more dovish, or accommodative stance. I believe there is more upside in gold that we can take advantage of in the underlying bullion market or one of […]
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Stocks making the biggest moves midday: Lockheed Martin, Paychex, CVS and more
Check out the companies making headlines in midday trading. New Fortress Energy – Shares of the natural gas company popped 17% after New Fortress priced its underwritten public offering of roughly 46 million shares at $8.63 per share through Morgan Stanley. Deutsche Bank reduced its price target and downgraded New Fortress to sell on Tuesday, […]
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Israeli forces launch ground offensive in Lebanon as markets fear escalation
NEBATIEH, LEBANON – SEPTEMBER 28: Smoke rises after Israeli attacks over Shebaa town of Nabatieh province on September 28, 2024. (Photo by Ramiz Dallah/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Israel has launched a ground incursion into Lebanese territory, with markets on edge over the possibility of a serious escalation in the conflict between the […]
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Mastercard to buy Swedish startup that makes it easier to manage and cancel subscription plans
BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images) Joan Cros Garcia – Corbis | Corbis News | Getty Images Mastercard said Tuesday that it’s agreed to acquire Minna […]
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Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
Walter “Walt” Bettinger, president and chief executive officer of Charles Schwab Corp., speaks during the 2015 Fortune Global Forum in San Francisco, California, U.S., on Tuesday, Nov. 3, 2015. David Paul Morris | Bloomberg | Getty Images Charles Schwab CEO Walt Bettinger is retiring from his role at the end of December after 16 years […]
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Stocks making the biggest moves premarket: Ford, Clorox, Boeing, Pinterest and more
Check out the companies making headlines before the bell. Ford Motor — The automaker jumped 2.3% after Goldman Sachs upgraded shares to buy from neutral. The firm highlighted its growing software and services and Super Duty vehicles as potential tailwinds. Disney — Shares of the media company slipped around 0.9% following a downgrade by Raymond […]
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Abu Dhabi’s ADNOC to acquire German chemicals firm Covestro for $16.4 billion
Covestro’s headquarters in Leverkusen, Germany. The company has adjusted its full year guidance for 2022, citing a number of factors. Ina Fassbender | AFP | Getty Images Abu Dhabi’s state-owned oil firm ADNOC on Tuesday said it has agreed to buy German chemicals firm Covestro for 14.7 billion euros ($16.4 billion). ADNOC, short for the […]
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Chinese EV brands Li Auto and Zeekr report record deliveries for September
A Li L6 by Li Auto is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. Tingshu Wang | Reuters BEIJING — Chinese new energy vehicle brands Li Auto and Zeekr each delivered a record number of cars in September, according to company data […]
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