Business
After years of subdued activity, experts predict an IPO market rebound in 2025, fueled by pent-up demand and a strong pipeline of companies. While...
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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle
- Business
- Entrepreneurship
- Technology
- Economy
- Politics
- Finance
- Cryptocurrencies
Solana Memecoin Cabals Disrupt Crypto Frontier
Former Binance CEO Changpeng Zhao inspires flood of ‘Broccoli’ memecoins: ‘I am just posting my dog’s picture’
Coinbase posts near-record results, but stock slumps on concern over temporary ‘Trump bump‘
Coinbase posts $TKB in Q4 revenue on back of crypto bull market
Who is Alexander Vinnik, the Bitcoin criminal Trump freed in a prisoner exchange with Russia?
- Lifestyle
Fans react after Usher’s 2024 BET Awards speech is muffled.
Alcaraz makes early entry into all-court elite with French Open victory.
Meghan’s Lifestyle Brand Takes Off with Its Premier Product
Female Power: Songwriter Conquers Male Competition in Video Gaming
Ukrainian Amputee’s Survival: The Inspirational Role of His Wife’s Voice
- People
Timothée Chalamet jokes about Dune popcorn bucket, constantly losing at award shows in SNL open
UK’s King Charles urges compassion and care for the environment in times of conflict
In Christmas Day message, pope decries Gaza’s ‘appalling harvest’ of civilian deaths
An ex-FBI official is to be sentenced in the US over work for Russia’s Deripaska
A Ukrainian teen returns to Ukraine after being taken to Russia from occupied Mariupol
All posts tagged "Stock"
Business
Wall Street soared on January 15, 2025, as cooling inflation, strong bank earnings, and falling Treasury yields fueled investor optimism. The Dow, S&P 500,...
Business
Nasdaq is proposing penny stock regulation changes to speed up and tighten delisting for non-compliant companies, according to a filing released on its website...
Business
Higher costs weighed on state-run Oil India which posted a smaller-than-expected quarterly profit on Thursday. In the three months ending June 30, its earnings...
Business
Ethiopia’s securities exchange is set to commence operations in October, according to media reports.
The chief executive of Ethiopia’s securities exchange announced that operations are set to commence in October, according to state-affiliated media on Thursday. The...
Business
Shopify beat analysts’ estimates for second-quarter results and expected upbeat sales growth on Wednesday as its AI-enabled tools attracted more merchants to its e-commerce...
Business
World markets have rallied strongly from days of instability, thanks in part to Bank of Japan practically apologizing on Wednesday for its involvement...
Business
Asian market outlook. Asian investors hope the Tuesday recovery in global sentiment and risk assets continues into Wednesday, but the dollar and U.S. government...
Business
The U.S. Public Transportation Security Board will address key observers from Boeing Soul Aero Systems and the Government Flying Organization on the mid-air lodge...
Business
Despite pressure from food inflation, Brazilian consumer prices climbed less than predicted in the month to mid-June, according to data released on Wednesday...
Economy
Beginning Friday, JPMorgan’s widely followed developing market debt index will include India’s government bonds. The September shift allowed billions of dollars to enter the...
Business
A liquidation action against Chinese property developer Shimao Group has been rescheduled until July 31 as the business has again extended a deadline...
Business
Reliance Industries and private banks led Indian benchmarks to new closing highs for the second straight session on Wednesday as investors sought better values...
Economy
Some experts fear a rare unexpected adjustment to Japan’s first-quarter GDP may sharply reduce the central bank’s growth expectations and the timing of its...
Economy
Forecasts for an inventory decrease during the third quarter peak summer demand season and geopolitical uncertainties from the Middle East war kept Brent oil...
Business
European stock markets fell on Wednesday ahead of a French election and a major U.S. inflation figure, as the yen fell to its lowest...
Business
Wall Street’s major indexes began lower on Wednesday as semiconductor and megacap companies gave up early gains, with investors anticipating a key inflation data...
Economy
According to two sources, RTX Corp subsidiary Collins Aerospace is in talks with NASA to cancel its contract to build new spacesuits for International...
Business
The Dow fell as retailers dragged and investors waited for critical inflation data this week, while the Nasdaq rose 1.3% on Tuesday, led by...
Business
Spotify just hiked fees, but there is a new, lower-cost tier for ad-free music. Spotify recently stated that it will raise costs in the...
Technology
Tesla has a deal with Baidu to update its mapping software, bringing it closer to deploying FSD in China. The Chinese tech giant announced...
Economy
Schibsted a Norwegian online classifieds organization, will lose approximately 250 jobs in the Nordic region as part of a restructuring plan to decrease costs...
Economy
Lennar Corp beat Wall Street forecasts second-quarter profit on Monday, helped by strong demand for new homes as the U.S. homebuilder slashed base pricing...
Finance
The S&P 500 and Nasdaq closed at new highs on Monday as technology companies rose on artificial intelligence euphoria ahead of this week’s economic...
Finance
On Monday, Temasek Holdings announced it will invest up to A$300 million ($198.4 million) in Betashares, an Australian exchange-traded fund manager. Betashares stated that...
Economy
On Sunday, Minneapolis Federal Reserve President Neel Kashkari said it’s a “reasonable prediction” that the bank will drop rates once this year, in...
Finance
while political uncertainty in Europe depressed risk appetites and put the euro on the defensive. Chinese blue chips slipped 0.2% in May as retail...
Finance
On Friday, cooling economic data, a hawkish Federal Reserve, and European political crises drove U.S. markets down, gold up, and European stocks down their...
Cryptocurrencies
Last Friday, New York Attorney General Letitia James disclosed that Gemini Trust has disbursed $50 million as restitution to investors who were deceived in...
Politics
Stocks now reflect the American ideal. The huge disparity between the ultra-rich and everyone else shows it. GE Aerospace CEO Larry Culp and buyout...
Business
Due to increasing demand for fresh produce, food sales rose 5%. Tesco Finest sales increased “strongly” as buyers sought premium products. Kantar reported that...
Finance
Nvidia shares will drop to 10% of last week’s price for good cause. On the first trading day of today, Nvidia stock is...
Technology
Photoshop maker Adobe boosted its fiscal 2024 revenue prediction on Thursday as more businesses and individuals use its AI-powered editing tools amid an easing...
Business
Tesla shareholders approved Elon Musk’s $56 billion remuneration proposal, a vote of confidence in his leadership and an incentive to focus on the electric...
Technology
Amazon announced that it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence firms, the latest example...
Business
British money transfer company Wise forecast a weaker than expected outlook for profits on Thursday, sending its shares down more than 20%. The company...
Politics
In mid-May, a group of Hispanic day laborers were given $20 each to parade in front of the White House with banners reading “I...
Business
On Sunday, Keith Gill, the “Roaring Kitty” meme stock investor who revived GameStop and AMC Entertainment share trading last month, reported on Reddit that...
Economy
In May, US job growth topped estimates at 272,000, although the unemployment rate rose slightly, snapping a 27-month streak below 4%. In a time...
Technology
Stand with Crypto, an advocacy group for cryptocurrency voters, reached 1 million members on Wednesday as crypto proponents pressured legislators to build a new...
Finance
On Tuesday, software service firm Xero announced that it will raise $850 million by selling fixed coupon guaranteed senior unsecured convertible notes due to...
Finance
Inflation rises marginally in April, while consumer spending slows US inflation fell in April, raising concerns for the Federal Reserve that the high rate...
Finance
Three prominent British parliamentary committee chairs have questioned Shein’s suitability for a London stock market listing. Shein is preparing for a London IPO after...
Finance
An attack on an American destroyer and commercial vessels in the Red Sea on Sunday has the danger of reigniting market concerns about an...
Business
Morgan Stanley stated on Monday that it anticipates a recovery in earnings throughout 2024 and that the S&P 500 (.SPX) would close the year...
Economy
Asia shares cheered by hopes of early rate cuts. After markets priced in early rate reductions in the U.S. and Europe, Asian equities rose...
Economy
In a week packed with information on U.S. GDP and inflation as well as results from some of the biggest tech firms in the...
Economy
China’s export and import growth with Russia quickens in September. China’s customs statistics indicated on Friday that its exports and imports to Russia increased...
Economy
Stocks in Asia slump on rate jitters. Stronger-than-expected U.S. consumer pricing data boosted the argument for the Federal Reserve to keep rates higher for...
Business
Uniqlo owner set for 26% profit surge on China rebound, yen slide. When it releases its financial results on Thursday, the Japanese company that...
Finance
Asia stocks hit 2-week high as Fed talk turns dovish. The dollar advanced on Wednesday as traders reduced their expectations for U.S. interest rates...
Economy
Asia shares pick up after Fed rate comments; oil dips. Asian stocks increased on Tuesday as bond rates fell, which was supported by comments...
Finance
Citigroup to sell China consumer wealth business to HSBC. On Monday, Asia-focused HSBC Holdings Plc (HSBA.L) was informed by Citigroup Inc (C.N) that it...
Business
European stocks gain as US yield surge pauses. After a drop in oil prices and worse U.S. labor market data late on Wednesday helped...
Finance
German regulator installs monitor at Deutsche Bank for Postbank complaints. An embarrassment to the nation’s leading bank, Germany’s top financial regulator has appointed a...
Economy
TSX climbs as GDP data cements hopes of interest rate pause. Even as it prepares to record its worst quarter in more than a...
Business
New Zealand’s economy increased more than predicted in the second quarter, driven by a services sector pick-up, avoiding a technical recession. This will aid...
Economy
After Erdogan’s re-election, the lira fell, and stocks rose. After President Tayyip Erdogan won Sunday’s presidential election, the lira fell to historic lows against...
Business
Stocks slump; Aussie dollar surges following unexpected boost. Global equities sank on Tuesday as caution crept ahead of the Federal Reserve’s policy meeting, although...
Business
On Thursday, the London Stock Exchange Group (LSEG.L) restated its core financial aims for the year ahead of its annual meeting to approve a...
Business
Tech and property selling in Hong Kong weighed on Asian markets on Thursday. The dollar fell as slowing U.S. inflation suggested the Federal Reserve’s...
Business
Canada’s main stock index fell Monday as commodity-heavy market futures followed lower precious metal prices. S&P/TSX June futures were down 0.1% at 7:26 a.m....
Agriculture
John Edwards, Britain’s trade commissioner to China, said London is trying to make mainland Chinese businesses’ British listings quicker and cheaper to compete with...
Breaking News
As U.S. officials and banks rescued First Republic Bank, UAE stocks rose on Friday. Leading U.S. banks invested $30 billion to preserve First Republic...
Business
Boeing is giving its chief executive, Dave Calhoun, approximately $5.29 million worth of stock. This is to encourage him to stay through the company’s...
Business
Apple supplier says its January monthly sales hit a record high as it recovered from Covid-19 disruptions in China. In a sales update on Sunday, the...
Breaking News
As it battles a slowdown in the personal computer industry and prepares for a potential recession, Dell Technologies Inc. (DELL.N) is laying off 6,650...
Breaking News
The tech market’s valuations fell earlier this year as investors worried about the Federal Reserve’s expected tightening of monetary policy. However, this reaction could...
Breaking News
It’s been a year since a group of Reddit users identified GameStop‘s struggling stock and determined they had a chance to outperform Wall Street....
Business
BTCS, a blockchain infrastructure company that is publicly traded in the United States, has announced the first-ever Bitcoin dividend. Bividend, a company that promotes...
People
Warren Edward Buffet is an American investor, business tycoon, and philanthropist. He is one of the most successful investors in the world. Moreover, he...
Politics
Colin Kaepernick is the face of a new Nike Campaign titled “Believe in something. Even if it means sacrificing everything”. The ad is obviously...
Finance
What is the future for cryptocurrencies? At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, they have...
Business
Data development Google announced that it will invest $600 million into its data center outside Charleston, South Carolina. The data center is integral to...
Business
Has MoviePass finally found the solution? MoviePass, the subscription-based movie ticket service has changed its offerings once again, and it thinks that it has...
Finance
Tesla tossup Elon Musk announced on Tuesday that he is considering taking the company private, as he loathes having to constantly answer to investors....
Finance
Are the “Blackfish” problems over? After SeaWorld’s earnings report on Monday, the aquatic entertainment park/zoo saw its shares rise over 15 percent. Visitors to...
Finance
Crypto continues to climb New York Stock Exchange operator International Exchange announced that it is establishing a company called Bakkt which will manage people’s...
Business
King of telecom T-Mobile announced on Wednesday that it has more users than any other carrier for the 18th straight quarter. The telecommunications company reported...
Finance
That’s a lot of zeroes On Thursday, Apple officially became the first American public company to reach $1 trillion in value. Their stock rose...
Finance
Roll credits The end may be near for MoviePass – parent company Helios and Matheson has seen its stock fall below 10 cents this...
Business
Tesla troubles On Wednesday, Tesla CEO Elon Musk reported that the company may not meet its goal of one million Tesla vehicles by 2020....
Business
Do you take Visa? Supermarket chain Kroger announced that it may ban Visa cards from its store because of the fees the credit card...
Business
Mission: Impossible – MoviePass Profitability MoviePass announced on Tuesday that it will raise its prices and exclude popular movie debuts from its offerings. The...
Business
Redefining “direct to consumer” Tesla has faced inventory issues as demand for the company’s cars have increased rapidly. Because the company is finally starting...
Technology
Hang loose! Tesla quietly rolled out a new product for beach lovers and wave carvers this weekend – a limited edition surfboard. The tech...
Business
Papa John’s problems continue Papa John’s founder John Schnatter, also known as “Papa John,” will file a lawsuit against Papa John’s to access company...
Business
Under Armour faces major cash problem On Thursday, Under Armour announced that it will add $80 million to its previous $130 restructuring plan. The...
Business
Qual-lateral damage Qualcomm announced in October 2016 that it would acquire NXP for $47 billion. However, the country still awaits China’s approval of the...
Finance
Facebook face-palm Before Facebook’s announcement late Wednesday, their stock was doing well. It rose just under one percent to give the company a new...
Business
Verizon bets on 5G Verizon announced on Tuesday that it will abandon its pursuit of content and focus on expanding its 5G network. For...
Business
Waymart? Walmart revealed Wednesday that their location in Chandler, Arizona will feature self-driving cars that lead customers to and from the store. When customers...
Business
European court doesn’t break over KitKat Nestle attempted to overturn a ruling a European court ruling that claimed it had not proven KitKat’s shape...
Business
Fast food…to prepare? Chick-fil-A announced on Monday that it will test meal kits through mid-November. Kit options will include chicken flatbread, chicken parmesan, and...
Business
Nike says “Just Do It” to wage increases Nike announced on Monday that it will increase the wages for roughly 7,000 employees. Spokeswoman Sandra...
Business
Hasbro avoiding turning into a has-been? Ever since Toys “R” Us closed, Hasbro has been struggling to generate sales and keep their profit margins...
Finance
Microsoft sales on Cloud Nine Microsoft announced Thursday that it raked in $110 billion in the 2018 fiscal year – the first time it’s...
Business
Amazon continues to roll This year’s Amazon Prime Day was the biggest shopping event in the history of Amazon. Sales on the day eclipsed...
Business
Air Force One deal has liftoff Boeing recently signed a contract with President Trump to test and modify two new Air Force One jets...
Finance
Netflix’s victories still fall short with investors Netflix gained over five million subscribers last quarter, but that was still not enough to appease investors,...
Business
McDonald’s facing PR disaster On Friday, health officials announced that McDonald’s salads made over 60 people sick from cyclospora in multiple states. To contain...
Finance
Can ZTE bounce back? China tech-firm ZTE saw its stock rise 25% on Thursday following a government announcement that the US ban will soon...
Finance
Broadcom not blowing away investors Semiconductor manufacturer Broadcom announced its acquisition of software firm CA Technologies for $19 billion. The deal will expand the...
Business
JetBlue takes flight with A220 purchases JetBlue announced on Tuesday that it will buy sixty of Airbus’s new A220 model, manufactured in Mobile, Alabama....
People
Lauren Simmons became the youngest women to be a full-time stockbroker for the New York Stock Exchange (NYSE) back in early June. Despite her...
Finance
Sonos shows reluctance in anticipation of IPO On Friday, smart-speaker manufacturer Sonos filed paperwork for its IPO, which is anticipated to raise $100 million....
Finance
Binance stays consistent as crypto market fluctuates Overall, cryptocurrency values have fallen by 70% so far this year. Crypto exchange firm Binance, however, does...
Business
Best Buy pushes pause on CDs Best Buy announced over the weekend that it will no longer sell music Compact Disks (commonly referred to...
Business
Dunkin’ drops delicious donut fries Dunkin’ Donuts announced that starting July 2, their stores will now offer donut fries at various locations in the...
Business
Can MoviePass survive? In order to help its subsidiary survive, Helios and Matheson unraveled a $164 million bond sale for MoviePass. MoviePass, a company...
Technology
Slow and steady wins the race, right? Tesla announced on Saturday that it is finally producing 3,500 Model 3’s a week – a figure...
Business
Disney bounces back from “Solo” disappointment The highly anticipated sequel to the 2004 animated film “Incredibles” dominated in the box office weekend, raking in...
Finance
ZTE takes 1-2 punch in last week On Wednesday, tech firm ZTE resumed trading for the first time in eight weeks after the US...
Business
Shareholders restore confidence in Musk (for now) In an annual shareholder meeting on Tuesday, Tesla shareholders voted to keep Elon Musk as chairman of...
Finance
Don’t sleep on Twitter Five years after its initial public offering, Twitter will join the S&P 500. Twitter will replace Monsanto as the latest...
Finance
Unlike a Snapchat picture, the company may not be disappearing Snapchat (SNAP) has been heavily scrutinized since it had its IPO in March 2017,...
Finance
The changes in the value of Bitcoin has been explained by tax burdens. The $20 billion downdrafts in the past two weeks may be...
Technology
Apple continues to show its dedication towards sustaining the environment. Apple and Google have both purchased RECs such that they are 100 percent running...
Technology
The annual New York International Auto Show is happening right now. The highlights of the event are vehicles that holds a level of practicality,...
Technology
Users have found a way to overcome Spotify advertisements without paying. SEC filing shows 2 million users unaccounted for. While Youtube has recently revealed...
Finance
Within the past weekend, Bitcoin has fallen drastically to $7,335.57, at its lowest on Sunday. Fortunately, as CoinDesk conveys, the value of the cryptocurrency...
Economy
Markets around the world are rising as Florida missed the worst of Irma this weekend, and as North Korea’s founding celebration, which took place...
Finance
Best Buy’s quarter two earnings report, released Tuesday, shattered analyst expectations, Bloomberg reports. But, the company’s stock has plummeted on CEO Hubert Joly’s warning that...
Finance
Since June 2, Starbucks stock has fallen more than 16 percent. Shares dipped just over nine percent (to $54.00/share) in 24 hours after the...
Finance
The Dow Jones rose 0.45% Wednesday, closing at 22,014.51, crossing 22,000 for the first time in history, Reuters reports. It dropped slightly in after hours...
Finance
The FDA announced Friday that it will tighten regulations imposed upon the tobacco industry, with a view toward encouraging manufacturers to produce less addictive...
Finance
In its quarter two earnings report, published Thursday, Twitter reported a flatline in Monthly Active Users (MAUs), despite a 12% year-over-year increase in Daily...
Finance
A massive selloff, spurred in large part by last Monday’s earnings call, in which outgoing CEO Jeff Immiet said the company expected the lull...
Finance
Last Friday the euro strengthened to a two-year high against the dollar, raising 1.8 percent over the week and has gained 11 percent year...
Finance
As of 11:17 Eastern Wednesday morning, Harley Davidson, Inc. stock has fallen just under 8%, from $51.96 to $47.82 per share, since the company...
Finance
Snap Inc. and Blue Apron Holdings Inc. have faced difficult discrepancies in stock valuation during their transition from private to public valuations. What were...
Finance
Shares of Snap, Inc. were valued at $16.99 when the market closed Monday, marking the first time the stock has dipped below its $17...
Finance
Teen clothing retailer Abercrombie & Fitch have said on Monday that it is no longer up for sale. Despite being in poor health and...
Finance
Monday, Midwest electric companies Westar Energy and Great Plains Energy announced plans for a merger. According to Morgan Chilson of The Topeka Capital-Journal, no...
Business
Microsoft recently reorganized its global sales force to highlight its focus on selling cloud services instead of standalone software. This reorganization is not the...
Finance
US automakers reported a decline in new vehicle sales for the fourth straight month on Monday. Experts anticipated the dip, which comes on the...
Technology
Tesla, Inc. plans to mass produce a budget-friendly electric automobile for the first time. With a $35,000 price tag and a range of 215...
Finance
The online commerce company Etsy announced on Tuesday that its current chief executive would be replaced. The handmade and eclectic goods website reported lower...
Business
As Whole Foods reports in its sixth straight sales drop this Wednesday, it’s clear that the company will have to slow down its steady...
Business
Before its Super Bowl ad could hit televisions around America, Tiffany & Co. replaced its Chief Executive Officer, Frederic Cumenal. It would seem the...
Finance
It wasn’t too long ago that Deutsche Bank settled with U.S. Department of Justice for $7.2 billion under certain allegations of selling faulty mortgage...
Finance
As, Boeing, the world’s largest plane maker rises out of the ashes of nearly a decade of losses, its shares reach a record high....
Finance
The forecast that President Donald Trump would enforce the prices of the aerospace industry prompted a publication by Andrew Left. Left, of Citron Research,...
Politics
Stock for Constellation Brands, the U.S. distributor of Mexican-made beers like Corona, Modelo, and Pacifico, has dropped since Trump’s election. One day after the...
Technology
2016 saw some good and bad times for Tesla Motors. There was the purchase of SolarCity for $2.6 billion and unexpected high figures for...
Business
Hot Topic is in talks with purchasing Geeknet, as long as the company doesn’t take the higher bid. Hot Topic, which was bought by...
Business
Microsoft announced Thursday that it will cut up to 18,000 jobs in the following year to restructure the management layer. CEO Satya Nadella sent...
Finance
Adobe Systems recently released their quarterly earnings announcement, and the numbers were very surprising. Adobe, known as the software provider of programs such as...
Finance
The word on Wall Street is that Staples Inc. is facing dark times. This past march the office supply chain announced plans to close...
Finance
Nintendo, the company behind the iconic brand Mario, is set to report losses on its newish Wii U gaming system. During the last three...
Finance
Bill Gates was recently listed as the wealthiest man in the world by Forbes. According to the list he is currently worth $77.2 Billion....
Finance
Apple announced another stock split that will occur on June 2nd 2014, and begin trading at the lower split adjusted price on June 9th....