Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a loss of 200,000 subscribers in the first quarter. It marked the first time Netflix reported a loss in subscribers in
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trading in Friday’s session are Intel Corp. and Finisar Corp. After Thursday’s closing bell, Intel INTC, -0.86% said it is raising its second-quarter revenue outlook on improving PC demand. Intel now expects sales for the current quarter at $13.7 billion, plus
On this week’s show, Cointelegraph’s resident experts reveal exactly what percentages of their portfolios are allocated to what coins and why. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is
If you’ve been shopping for major appliances, you’ve probably experienced the frustration of poor selection and repeated delays. “AHAM has been very involved with a coalition of associations who have worked together since the supply chain issues started,” comments Jill Notini, vice president for the Association of Home Appliance Manufacturers, adding, “It’s not only the
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with nosebleed-worthy
A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications like humanitarian relief, but the administration has not kept pace in ensuring this novel form of currency is not used to the detriment of U.S.
Municipals sold off Tuesday, with triple-A benchmarks seeing cuts up to 11 basis points and the 30-year topping 3% on some scales. U.S. Treasuries were weaker, experiencing double-digit cuts on the short end, and equities rallied. Triple-A muni yields rose nine to 11 basis points, depending on the scale, while UST yields rose 10 to
Netflix shares fell more than 20 per cent on Tuesday after it warned its decade-long run of subscriber growth had ended in the first quarter and admitted that it is becoming “harder to grow membership” in many markets. The streaming pioneer also warned that the number of subscribers would fall by another 2mn in the
What is Overhead Supply? It is an area of resistance where there is more supply than you think. Example: If a stock is trading at $50 per share and has done a lot of trading at this level, eventually it will dip back down and may hit $20 per share. Many of the traders at
Steve Reitmeister shares details from a recent Zacks Rank performance study to help investors set realistic expectations.
The Relative Strength Index is arguably the most popular technical indicator when it comes to trading. But being popular doesn’t always make you right or easy. David Jones knows this and is here to give a helping hand to those just starting their journey in the world of the markets, as well as those who’ve
Jerome Powell wants to put the Federal Reserve at “the forefront of technological changes” in the financial sector. The central bank is beefing up its tech acumen to get there. Calling it imperative to “evolve with the rest of the financial system,” the Fed chair said during an event hosted by the Bank for International
In this article MS In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a
MADRID (MarketWatch) — Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC , as well as Layne Christensen Co. Medtronic MDT, +0.10% announced a deal on Sunday to buy Ireland-based Covidien PLC US:COV in a $42.9 billion cash-and-stock deal. Layne Christensen US:LAYN is
Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled “The rise and fall of crypto culture,” Cronje expressed his lamentations of crypto culture as he called for increased regulation and legislation in the
With the white-hot real estate market and so many people moving from place to place, making a house feel like a home can be challenging. Previous owners may leave but pieces of them remain from their overall sense of style, to their paint color preferences and sometimes even furniture. While renovating changes those things, cleansing
Investor confidence in China’s real estate market appear to be boosted by the government’s promise to support the sector and some loosening of policies. But analysts say China’s high-growth property market may be a thing of the past. Getty Images | Getty Images News | Getty Images The tide may be turning on China’s battered
On-chain data shows a sharp spike in the Bitcoin exchange outflows, suggesting whales have been buying the dip to $39k. Bitcoin Exchange Outflows Show High Value Suggesting Whale Activity As pointed out by an analyst in a CryptoQuant post, the BTC exchange outflows have registered a large spike recently. The “exchange outflows” is an indicator
Los Angeles Mayor Eric Garcetti emphasized climate change, infrastructure and the homelessness crisis in his final State of the City speech as he foreshadowed the 2022-23 budget he releases this week. His choice of venue for his speech Thursday, the nearly complete Sixth Street Viaduct replacement project, underscored the infrastructure theme. Garcetti said he plans
Ukrainian president Volodymyr Zelensky said Russia had begun a long-awaited major new offensive in the country’s eastern Donbas border region after its forces intensified attacks along the frontline. Zelensky said in a late-night TV address on Monday that Russia had concentrated a “significant part” of its forces in the region and vowed that Ukraine would