In this article DOGE.CM= Yuriko Nakao | Getty Images News | Getty Images Dogecoin soared more than 40% early Friday after a tweet from supporter Elon Musk and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 55 cents at 2:30 a.m. ET, according
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U.S. stock index futures were little changed in overnight trading on Thursday, after all three major averages snapped three-day losing streaks to end the day higher. Futures contracts tied to the Dow Jones Industrial Average gained 18 points. S&P 500 futures advanced 0.08%, while Nasdaq 100 futures posted a slight decline. During regular trading, the
In this article BTC.CM= TSLA Pavlo Gonchar | LightRocket | Getty Images Elon Musk’s decision to stop Tesla from accepting bitcoin as payment has led to fresh scrutiny of the cryptocurrency’s environmental impact. Musk said Wednesday that Tesla had halted purchases of its vehicles with bitcoin due to concerns over the “rapidly increasing use of
In this article CBCPQ Fuel tanks are seen at Colonial Pipeline Baltimore Delivery in Baltimore, Maryland on May 10, 2021. Jim Watson | AFP | Getty Images Colonial Pipeline restarted operations Wednesday at approximately 5 p.m. ET after a ransomware attack last week forced the entire system offline on Friday evening. The company did warn,
In this article @DJ.1 @SP.1 @ND.1 A passenger wears a protective mask at the Wall Street subway station in New York, on Monday, March 30, 2020. Michael Nagle | Bloomberg via Getty Images Futures contracts tied to the major U.S. stock indexes held steady at the start of the overnight session Wednesday, just hours after
The logo of MoneyGram seen at a sore in San Ramon, California, on March 26, 2019. Smith Collection | Gado | Getty Images MoneyGram will let people in the U.S. withdraw their cryptocurrency holdings in cash, marking another step from mainstream financial institutions toward acceptance of nascent digital currencies. The money transfer firm said Wednesday
In this article OPEN FUBO EA The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell on Tuesday: Electronic Arts —
U.S. stock futures were little changed in overnight trading on Tuesday after the Dow’s worst day since February. Dow futures fell 30 points. S&P 500 futures dropped 0.12% and Nasdaq 100 futures slipped 0.14%. On Tuesday, technology stocks fell but eventually recovered, spurring selling in the broader market. The Dow Jones Industrial Average lost 473
In this article TSLA A worker operates a forklift to move bundles of Hampton lumber for a shipment order at Burton Lumber in Salt Lake City, Utah, on Thursday, May 6, 2021. George Frey | Bloomberg | Getty Images The U.S. economy is trying to restart its engine after tumbling into its deepest recession in
Joggers run along the Bund across from the Lujiazui Financial District in Shanghai, China, on Saturday, April 10, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s once-a-decade census showed that the national population of the mainland was 1.41 billion people as of Nov. 1, 2020. The average annual growth rate was 0.53%
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Futures contracts tied to the major U.S. stock indexes slipped at the start of the overnight session Monday evening after investors punished Big Tech equities during the regular session. S&P 500 futures shed 0.1%, while those tied to the Dow were little changed. Nasdaq 100
Chicago Federal Reserve President Charles Evans told CNBC on Monday that employment and inflation will have to pick up substantially before he will change his position on monetary policy. Speaking after Friday’s hugely disappointing jobs report, the central bank official said he still thinks the employment picture is strong, though significant areas of weakness remain.
A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. Aly Song | Reuters BEIJING — Ant Group, an affiliate of Alibaba, is becoming one of the first major privately run businesses to work with China’s digital currency trials. MYbank
Michael Nagle | Bloomberg | Getty Images Futures contracts held steady at the start of the overnight session Sunday evening, suggesting that the major U.S. equity indexes could trade at or near records when regular trading opens in New York. Dow futures gained 35 points, while those linked to the S&P 500 rose 0.1%. Nasdaq
In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat lost 42 cents per share for the first quarter, more than double the 19 cents per share loss that analysts had expected. Revenue also missed forecasts, with the company saying the pandemic has dampened both retail and
Joan Slatkin/Education Images/Universal Images Group via Getty Images More than 1 in 4 unemployed Americans have been out of work for over a year, according to Bureau of Labor Statistics data issued Friday. Long-term joblessness has been rising steadily throughout the Covid pandemic and poses greater financial risks for affected households. Nearly 2.7 million people
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 in midday trading. Square – The payment company’s stock rose more than 6% after the company’s first-quarter earnings topped
Packages containing a Green Dot Corp. prepaid Mastercard Inc. debit card and Visa Inc. debit card, left, are arranged for a photograph in Washington, D.C., U.S., on Thursday, Feb. 15, 2018. Andrew Harrer | Bloomberg | Getty Images Another corporation is leaving California. Green Dot, a fintech firm and biggest U.S. provider of prepaid debit
In this article ARKK Cathie Wood, CEO and founder of ARK Invest. CNBC Cathie Wood, founder of Ark Invest, said Friday that the pullback in technology stocks is not a cause for concern, and that her long-term bets will continue to move higher. “I love this set up,” she said Friday on CNBC’s “Closing Bell.”