Although it represents a revolutionary step in individuals’ ability to gain financial freedom, Bitcoin in and of itself is not enough to achieve complete sovereignty from third parties or central governments. As many adopters of the technology know, Bitcoin is not private or
Stable U.S. Treasury yields on Monday showed traders preparing for a week that will include of a barrage of new supply and possible insight from the Federal Reserve on how it will support the economy.
Credit rating agency Fitch said on Monday it expected Colombia's economy to contract almost 7% in 2020 because of the coronavirus pandemic, adding the Andean country was likely to lose its investment grade.
U.S. crude oil stockpiles likely fell for a fifth straight week, while refined product inventories also decreased last week, a preliminary Reuters poll showed on Monday.
Algeria has set Nov. 1 as a date for a referendum on a new constitution aimed at boosting democracy and giving parliament a greater role, the presidency said on Monday, after months-long protests demanding reforms.
President Tayyip Erdogan said on Monday Turkey's navy will not back down as Greece "sows chaos" in the eastern Mediterranean Sea, where the countries have deployed frigates in an escalating rhetorical confrontation over overlapping resource claims.
Looking at the sectors faring best as of midday Monday, shares of Materials companies are outperforming other sectors, higher by 2.3%. Within that group, WestRock Co (Symbol: WRK) and Mosaic Co (Symbol: MOS) are two large stocks leading the way, showing a gain of 8.3% and 6.
The worst performing sector as of midday Monday is the Healthcare sector, showing a 0.5% loss. Within the sector, Centene Corp (Symbol: CNC) and ResMed Inc. (Symbol: RMD) are two large stocks that are lagging, showing a loss of 3.4% and 2.2%, respectively. Among healthcare E
The Financial Times reported on Sunday that the U.S. Food and Drug Administration (FDA) might grant an emergency use authorization (EUA) in October to a vaccine for COVID-19 being developed by AstraZeneca (NYSE: AZN) and licensed from Oxford University. The vaccine, AZD1222, i
Peru, battling one of the world's worst coronavirus outbreaks and a five-month lockdown, was reeling on Monday after the deaths of 13 people, most of them young women, in a stampede at an illegal nightclub triggered by a police raid. [nL1N2FP053]
PainReform, a Phase 2 Israeli biotech developing therapies for post-operative pain relief, revised the terms for its upcoming IPO on Monday.
The Herzliya, Israel-based company now plans to raise $23 million by offering 2.6 million units at a price range of $8 to $10. Each unit co
England bowler James Anderson moved one shy of 600 test wickets as he struck late on a frustrating and mainly forgettable fourth day of the third test against Pakistan on Monday.
What happened
Shares of all the major cruise line stocks are riding higher today, with Carnival (NYSE: CCL) (NYSE: CUK), Norwegian Cruise Line Holdings (NYSE: NCLH), and Royal Caribbean (NYSE: RCL) shares up 9.8%, 8.5%, and 5%, respectively, as of 12:50 p.m. EDT.
Unity Software, which provides a real-time 3D video game development platform, filed on Monday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimate could raise up to $1 billion.
Unity s
Tropical Storm Laura was strengthening in the Caribbean and poised to accelerate into a hurricane by Tuesday while Tropical Storm Marco weakened sooner than expected, sparing the U.S. Gulf Coast from two simultaneous hurricanes, as had been forecast.
Advanced Micro Devices (NASDAQ: AMD) has made deep inroads into rival NVIDIA's (NASDAQ: NVDA) graphics card dominance this year, recording impressive market share growth thanks to well-priced GPUs (graphics processing units) that have proved to be a hit among consumers.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was leading the stock market higher on Monday, up 1.05% at 11:35 a.m. EDT. The U.S. approved the emergency use of blood plasma obtained from recovered COVID-19 patients to treat the virus, and it is reportedly considering fast-t
Domino's Pizza (NYSE: DPZ) has seen a boost in business due to the coronavirus pandemic. In the second quarter, U.S. same-store sales (comps) rose 16.1% and its diluted earnings per share under generally accepted accounting principles (GAAP) increased by 36.5% to $2.99. With its
What happened
Investors in Party City Holdco (NYSE: PRTY) are having a bit of a celebration today, enjoying a 17% run-up in the party supply company's shares through 11:30 a.m. EDT.