Robinhood Has the Worst Debut Ever for IPO of Its Size

(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut … | Continue reading


@finance.yahoo.com | 2 years ago

Pfizer authorizes $1B for oral Covid-19 treatment

Pfizer CEO is no stranger to risks, and hopes to repeat the company's COVID-19 success with an oral treatment. | Continue reading


@finance.yahoo.com | 2 years ago

SoftBank Said to Offer $2.1B Uber Stake via Goldman

(Bloomberg) -- SoftBank Group Corp. is selling $2.1 billion of its stake in Uber Technologies Inc. in a block trade through Goldman Sachs, according to people familiar with the matter.SoftBank, Uber’s largest investor, is trimming its stake in the ride-hailing giant from 184 mill … | Continue reading


@finance.yahoo.com | 2 years ago

Tesla already 'biggest short in the market' as Burry piles on: S3 Partners

Tesla has the highest short interest of any company, according to S3 Partners. | Continue reading


@finance.yahoo.com | 2 years ago

Microsoft earnings: Cloud and personal computing growth power earnings beat

Microsoft beat analyst expectations for its Q4 earnings, thanks to strength from its cloud and productivity segments. | Continue reading


@finance.yahoo.com | 2 years ago

Tech giants to target attacker manifestos, far-right militias in database

A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook and Microsoft is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-ri … | Continue reading


@finance.yahoo.com | 2 years ago

Coinbase Global Sued for Securities Fraud

BOSTON, July 23, 2021 (GLOBE NEWSWIRE) -- Block & Leviton announces that a class action lawsuit has been filed against Coinbase Global Inc. (NASDAQ: COIN) and certain of its officers for securities fraud. Investors who purchased shares on or after April 14, 2021 and lost money ar … | Continue reading


@finance.yahoo.com | 2 years ago

Global EV battery industry will be 'sold out' by 2025: BofA

According to a Bank of America Global Research report, there is a looming threat of the global battery supply for electric vehicles (EVs) running dry by as early as 2025. BofA expects global battery shortages to intensify even further between 2026 to 2030. | Continue reading


@finance.yahoo.com | 2 years ago

DoorDash, Grubhub sue San Francisco over permanent delivery fee cap

Yahoo Finance’s Dani Romero reports the details and response to the lawsuit DoorDash and Grubhub have filed on San Francisco over the city’s permanent delivery fee cap. | Continue reading


@finance.yahoo.com | 2 years ago

Clubhouse's new direct messaging system, called "Backchannel," gives users an oft-requested way to start conversations behind the scenes on the social audio app. Backchannel offers both one-on-one messaging as well as group chat and generally adds quite a bit of utility into the … | Continue reading


@finance.yahoo.com | 2 years ago

Broadcom in talks to buy software firm SAS Institute

Chip and software company Broadcom Inc is in talks to buy SAS Institute Inc in a deal that could value the software firm in the range of $15 billion to $20 billion, the Wall Street Journal reported on Monday. The acquisition could be finalized in the coming weeks, the report said … | Continue reading


@finance.yahoo.com | 2 years ago

Virgin Galactic is set to launch its first passengers to space tomorrow morning, and you can watch the whole thing right here. The launch is scheduled for 6 AM Pacific, with streaming festivities (including commentary by Stephen Colbert) starting on the hour. This launch is the … | Continue reading


@finance.yahoo.com | 2 years ago

Bitcoin needs a 'new type of institutional investor' to bring price back up

Noelle Acheson, the Head of Market Insights at Genesis Trading, breaks down what needs to happen for Bitcoin to break losse to the upside once more.  | Continue reading


@finance.yahoo.com | 2 years ago

Billionaire Dangote Can’t Get Enough Tomatoes to Run Plant Profitably

(Bloomberg) -- Africa’s biggest tomato processing plant is barely managing to operate profitably, six years after the factory began production because it can’t get adequate berries to crush.The 1,200-ton a day plant, owned by Sani Dangote, the immediate younger brother to Aliko D … | Continue reading


@finance.yahoo.com | 2 years ago

IMF, World Bank advocate for benefits of central bank-issued digital currencies

The IMF, the World Bank, and the Bank for International Settlements are advocating for the cross-border benefits of central bank-issued digital currencies. | Continue reading


@finance.yahoo.com | 2 years ago

If you've seen synthetic versions of Apple, Tesla or Amazon stock trading on a blockchain, don't go throwing your money their way. They're not what you think. See: Crypto Financial Lingo to Sound Like... | Continue reading


@finance.yahoo.com | 2 years ago

Didi Plunges Below IPO Price as China Crackdown Brings U.S. Pain

(Bloomberg) -- Didi Global Inc. plunged Tuesday in U.S. trading as the ride-hailing company faced scrutiny over its data security and a broader Chinese crackdown on companies listing their shares abroad.China’s State Council issued a sweeping warning to China’s biggest companies, … | Continue reading


@finance.yahoo.com | 2 years ago

Jeff Bezos Steps Down as Amazon’s CEO After 27 Years

Yahoo Finance's Dan Howley takes a look at the legacy left behind by Amazon CEO and founder Jeff Bezos as he approaches his last day before stepping down on July 5, 2021.   | Continue reading


@finance.yahoo.com | 2 years ago

IBM lands hybrid cloud deal with telcos

IBM has inked hybrid cloud deals with global telecommunication giants, Verizon and Spain’s Telefonica, as the company that created the personal computer aims to build out 5G and edge networks. | Continue reading


@finance.yahoo.com | 2 years ago

Government must have power to reverse crypto transactions

Many in the cryptocurrency industry have long demanded that Congress provide "regulatory clarity" on how it will tax and regulate digital assets. But as powerful figures in Washington weigh in, it's doubtful crypto enthusiasts are liking what they hear. | Continue reading


@finance.yahoo.com | 2 years ago

UK Court Orders Bitcoin.org to Remove White Paper Following Lawsuit

The judge had no option but to rule a default judgment because Cobra chose not to make an appearance, according to Wright's representation. | Continue reading


@finance.yahoo.com | 2 years ago

Korean court sides against Netflix, opening door for streaming fees from ISPs

A court case in South Korea has ended in a loss for Netflix and a victory for ISPs in the country, which may now be empowered to levy bandwidth usage fees on traffic-gobbling streaming platforms. The decision is likely to be challenged, as it essentially saddles the new wave of … | Continue reading


@finance.yahoo.com | 2 years ago

Apple wants to replace your wallet with the Apple Watch

Apple's work on digital IDs and car keys could mean that your Apple Watch will replace both your wallet and keys. | Continue reading


@finance.yahoo.com | 2 years ago

Facebook wins dismissal of FTC's antitrust case

The FTC's antitrust case against Facebook was dismissed on Monday. | Continue reading


@finance.yahoo.com | 2 years ago

US government says it doesn't know what was behind 143 UFO sightings

The Office of the Director of National Intelligence (ODNI) has published its long-awaited report on nearly two decades worth of UFO sightings. | Continue reading


@finance.yahoo.com | 2 years ago

South African brothers disappear along with $3.6B in Bitcoin

The founders of South Africa’s largest crypto exchange have gone missing. | Continue reading


@finance.yahoo.com | 2 years ago

El Salvador to airdrop $30 in Bitcoin to up to 6M citizens

El Salvador President Nayib Bukele revealed a new digital wallet for bitcoin, saying that citizens will receive $30 after they download it. | Continue reading


@finance.yahoo.com | 2 years ago

Microsoft's New App Store Will Let Developers Keep 100% of Revenue

Microsoft's new app store policies could be a stunning blow to Apple and Google. | Continue reading


@finance.yahoo.com | 2 years ago

Microsoft second company to crack $2T valuation, after Apple

Find the latest Microsoft Corporation (MSFT) stock quote, history, news and other vital information to help you with your stock trading and investing. | Continue reading


@finance.yahoo.com | 2 years ago

Founders of South African Bitcoin exchange disappear after $3.6B hack

Cryptocurrency investors in South Africa may have lost nearly $3.6 billion in Bitcoin following the disappearance of two brothers associated with one of the country’s largest cryptocurrency exchanges. | Continue reading


@finance.yahoo.com | 2 years ago

The billionaire investor Warren Buffett said he is resigning as a trustee of the Bill and Melinda Gates Foundation, and has donated half his wealth to philanthropy since pledging 15 years ago to give away his fortune from running Berkshire Hathaway Inc. Buffett, 90, said in a We … | Continue reading


@finance.yahoo.com | 2 years ago

John McAfee found dead in prison after Spanish court allows extradition

Antivirus creator John McAfee, 75, was found dead in his prison cell in Barcelona after the Spanish high court had authorised his extradition to the U.S., the Catalan justice department said, confirming an earlier report from El Mundo newspaper. | Continue reading


@finance.yahoo.com | 2 years ago

Crypto Lode of $100B Stirs U.S. Worry over Hidden Danger

(Bloomberg) -- Follow @crypto Twitter for the latest news.Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.Their focus is on so-called stablecoins, a fo … | Continue reading


@finance.yahoo.com | 2 years ago

No Code data platform for Google Cloud

New data warehouse compatibility gives customers a larger data repository for greater data agility with faster performance to connect to BI tools that grow with their businessSAN FRANCISCO, June 15, 2021 (GLOBE NEWSWIRE) -- Panoply, a cloud data platform that makes it easy to syn … | Continue reading


@finance.yahoo.com | 2 years ago

MacKenzie Scott reveals another $2.74B in charitable giving

Scott, former wife of Amazon CEO Jeff Bezos, has donated a total of $8.5 billion since July 2020. | Continue reading


@finance.yahoo.com | 2 years ago

World’s Bubbliest Housing Markets Flash 2008 Style Warnings

(Bloomberg) -- Real estate prices around the world are flashing the kind of bubble warnings that haven’t been seen since the run up to the 2008 financial crisis, according to Bloomberg Economics.New Zealand, Canada and Sweden rank as the world’s frothiest housing markets, based o … | Continue reading


@finance.yahoo.com | 2 years ago

Salesforce CEO: We're going to rebuild all of our tech to become Slack-first

Salesforce's largest-ever acquisition is expected to close in the second quarter. | Continue reading


@finance.yahoo.com | 2 years ago

SpaceX to send first Ethereum node to ISS in collaboration with SpaceChain

On July 3rd 2021, SpaceX will launch an Ethereum (ETH) node to the International Space Station (ISS). | Continue reading


@finance.yahoo.com | 2 years ago

Global food prices rise to highest level in a decade

Abdolreza Abbassian, Senior Economist for the UN Food and Agriculture Organization, joins Yahoo Finance Live to discuss the surge in global food prices. | Continue reading


@finance.yahoo.com | 2 years ago

Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals

“We are working hard to provide an alternative USD solution,” the exchange told traders in a widely shared email whose authenticity CoinDesk confirmed. | Continue reading


@finance.yahoo.com | 2 years ago

Drug company Orphazyme's market cap grew more than 10x today

Find the latest Orphazyme A/S (ORPH) stock quote, history, news and other vital information to help you with your stock trading and investing. | Continue reading


@finance.yahoo.com | 2 years ago

IBM Tells U.S. Employees to Return to Office in September

(Bloomberg) -- International Business Machines Corp. told U.S. employees they will be going back to work at company offices the week of Sept. 7, according to a staff memo Tuesday from Chief Human Resources Officer Nickle LaMoreaux.In the memo, which was reported earlier by CNBC, … | Continue reading


@finance.yahoo.com | 2 years ago

Strateos Cloud Lab Closes $56M Series B

New financing will expand the next generation of smart lab solutions with direct access to automation to accelerate discovery in the life sciences | Continue reading


@finance.yahoo.com | 2 years ago

Nvidia asks Chinese regulators to approve $40B Arm deal

The application was made in recent weeks and sets in motion a period of scrutiny that could take up to 18 months, according to Chinese antitrust lawyers, the FT report https://on.ft.com/3w4hY8j added. Nvidia said last month it expects to close the Arm acquisition by March 2022, … | Continue reading


@finance.yahoo.com | 2 years ago

Jeff Bezos Plans to Travel to Space on Blue Origin Flight Next Month

(Bloomberg) -- Jeff Bezos will go to space next month when his company, Blue Origin, launches its first passenger-carrying mission.The 57-year-old, who plans to travel alongside his brother, Mark, made the announcement in an Instagram post Monday. The scheduled launch next month … | Continue reading


@finance.yahoo.com | 2 years ago

Snowflake CEO Says Diversity Goal Is Secondary in Hiring Choices

(Bloomberg) -- Snowflake Inc. Chief Executive Officer Frank Slootman said the cloud software maker needs to focus more on merit when hiring and promoting employees rather than diversity goals, even as it takes steps to boost opportunities for workers.“We’re actually highly sympat … | Continue reading


@finance.yahoo.com | 2 years ago

AMC stock surges over 100% to record new high, market cap overtakes GameStop

Shares of AMC Entertainment Holdings rallied again on Wednesday, with shares nearly doubling in value as investors on Reddit and other social media platforms piled into the meme stock. | Continue reading


@finance.yahoo.com | 2 years ago

SEC charges five individuals involved in BitConnect lending program

The U.S. Securities and Exchange Commission on Friday said it has charged five individuals for promoting a global unregistered digital asset securities offering that raised over $2 billion from retail investors. BitConnect allegedly organized a global network of promoters throug … | Continue reading


@finance.yahoo.com | 2 years ago