The launch marks the third consecutive year that the Frito-Lays brand and the Puerto Rican rapper, singer and professional wrestler (aka Benito Antonio Martínez Ocasio) have teamed up for Cheetos’ Deja tu Huella (Leave Your Mark) campaign, an initiative that shines a light on Hispanic communities and calls on fans to leave their mark on … Read more
Twitter stock has fallen less than other social media stocks this year. David Paul Morris/Bloomberg Text size Now that Elon Musk has decided he would rather not own Twitter , Wall Street is scrambling to think through what happens from here, and what the company might be worth on a stand-alone basis. Twitter shares plunged … Read more
Text size Investor sentiment seemed downbeat as the new week started. Ed Jones/AFP via Getty Images The stock market dropped Monday, after news that China is imposing more Covid-related restrictions. That’s a near-term problem, but markets are more focused on inflation and earnings. The Dow Jones Industrial Average fell 164 points, or 0.5%. The S&P … Read more
Text size Telsa shares have tended to rise as the Twitter deal looked less likely and fall as it looked more probable. Justin Sullivan/Getty Images Telsa stock traded lower Monday, even after Chief Executive Officer Elon Musk pulled the plug on his purchase of social media site Twitter . That wasn’t what was supposed to … Read more
UK’s Rishi Sunak Announces Candidacy for Prime Minister Source link
GameStop Corp. announced a four-for-one stock split in the form of a dividend, becoming one of the latest companies to do so as the practice has gained in popularity. Share splits had almost disappeared from U.S. stock markets before Apple Inc. and Tesla Inc. revived the practice after splitting their stocks in 2020. Amazon.com Inc. … Read more
Bitcoin snapped a 12-day slide, bouncing along with the rest of the cryptocurrency market after a record-breaking string of declines. Analysts cautioned the respite may be brief. The world’s largest cryptocurrency climbed as much as 12% early Sunday, recouping much of its losses from a steep drop Saturday that sent the token to as low … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 officially closed in bear market Traders on the floor of the NYSE, June 13, 2022. Source: NYSE U.S. stock futures bounced after Tuesday’s cooler inflation report and what could … Read more
Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according to an email sent to employees Tuesday morning. Coinbase has roughly 5,000 full-time workers, translating to a head count reduction of around 1,100 people. Shares of … Read more
A month after the implosion of the Terra stablecoin sent the crypto market reeling, another crisis is causing fresh angst across the entire digital-asset universe. Celsius Network Ltd., one of the biggest lenders in crypto and a key player in the world of decentralized finance, said late Sunday that it was pausing withdrawals, swaps and … Read more