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All large cryptocurrencies were up during morning trading on Monday, with Solana SOLUSD, +0.71% seeing the biggest change, rising 5.76% to $34.72. Ripple XRPUSD, -1.60% climbed 3.10% to 58 cents, while Ethereum ETHUSD, -1.05% climbed 1.25% to $1,819.98. Polygon MATICUSD, +0.42% and Cardano ADAUSD, -0.43% climbed 1.02% to 65 cents…
Laura Overdeck, the wife of billionaire hedge fund manager John Overdeck, alleged in a lawsuit filed last week against the law firm of Seward & Kissel and one of its partners that they committed malpractice and fraud by not informing her that documents which moved marital assets to Wyoming trusts…
Bitcoin and other cryptocurrencies were little changed Tuesday, mostly maintaining gains from a recent rally as analysts turned more bullish on Ether, seeing momentum behind the second-largest digital asset. The price of Bitcoin has slipped less than 1% over the past 24 hours to $34,425. The biggest crypto has rallied…
As in September 2023, another government shutdown deadline approaches on November 17. It’s likely, though not certain, that a continuing resolution, or other budgetary measures, will be passed to avoid a shutdown. However, a broader budget debate may drag on over the coming weeks and possibly into 2024 when automatic…
Advanced Micro Devices Inc. shares largely erased losses in Tuesday’s extended session after the company came up short with its revenue forecast but talked up its opportunities in artificial intelligence. AMD shares AMD, which fell about 5% shortly after the release of the company’s third-quarter earnings, ended the after-hours session…
CVS Health (CVS) reported Q3 results this morning. Specifically, revenues for the period grew 10.6% from the prior year to $89.76 billion and came in $1.48 billion above the $88.29 billion consensus estimate as the company continued to benefit from solid growth across all of its segments. This was led…
Paycom Software Inc. shares were set to shed nearly a third of their value, based on Tuesday’s after-hours action, as the company, which makes payroll and human-resources software, came up short with its outlook. The company expects $420 million to $425 million in revenue for the fourth quarter, while analysts…
Bears say the end is near. A full blown credit crisis is here, they claim, and investors are woefully unprepared. Not so fast. Credit rating agencies Fitch and Moody’s during the past two weeks rattled the capital markets with important debt downgrades. Anxiety among investors is high. Historically, this is…
Shares of WeWork Inc. plummeted after hours on Tuesday after a report that the once-hot co-working-space provider plans to file for bankruptcy protection as early as next week. The news, reported by the Wall Street Journal on Tuesday, comes after the convulsions to office work and the commercial real estate…
The economy is humming, and consumers have been spending, but will there be enough momentum to give retailers something to celebrate in January? After three years of above-average growth in holiday sales, the data suggests this will be at least an “okay” fourth quarter, with modest growth: three out of…