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Ivanka Trump asked a New York appeals court to pause the $250 million fraud trial of her family and its business empire as she appeals a judge’s order requiring her to testify in the case next week.The request to stay the entire trial came at the tail end of a…
Magic Software Enterprises (NASDAQ:MGIC) is an IT product and solutions provider. The company has a history of achieving growth through constant small acquisitions. Magic Software has achieved a stable earnings level with quite little turbulence in the company’s EBIT margin. The stock seems to currently trade at a very cheap…
The need for second — and often third — incomes is mounting, according to a top digital bank executive.Current CEO Stuart Sopp finds almost half of the firm’s payment customers have more than one job.”If you’re having a paycheck over the past year, 20, 25% of paycheck depositors have at…
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum sentence of 115 years in prison.Bankman-Fried, the 31-year old son of two Stanford legal scholars and graduate of Massachusetts Institute of Technology, was convicted of wire fraud and conspiracy to…
ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) offers exposure to high-quality, established tech dividend growth stories. It has been a while since I covered this investment vehicle. The previous note was published in April 2021, during the heyday of the capital rotation and almost a year before the beginning of…
Market Movers rounded up the latest reactions to Starbucks from investors and analysts. The pros, including Jim Cramer , discussed the coffee giant after it released fiscal fourth-quarter results that exceeded expectations. U.S. and North American same-store sales jumped 8% as customers purchased costlier beverages. Starbucks closed the trading session…
Shares of fintech firm Block surged as much as 19% in after-hours trading Thursday, after the company reported third-quarter earnings that beat analyst estimates on the top and bottom line and showed strong growth in both Cash App and Square revenue.Here’s how the company did, compared to an analyst consensus…
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Check out the companies making headlines in midday trading. Starbucks — Shares jumped more than 10% after the company posted an earnings and revenue beat in the fiscal fourth quarter. Management also reported better-than-expected performance in China, its second-largest market. Roku — The streaming video platform rallied 25% after its…
The United States is facing its fourth major inflection point in history since the early 20th century, and if world leaders get it wrong, the results could be similar to what occurred during the 1930s and ultimately led to World War II. That’s according to Frederick Kempe, CEO of foreign…