Nasdaq News

SAN FRANCISCO/NEW YORK (Reuters Breakingviews) - Facebook’s new best friends are becoming a weakening link at the worst time. Small firms account for a large chunk of the social network’s $70 billion in annual advertising revenue. The pandemic has also made them more

A U.S. judge said she is unlikely to quickly release a Massachusetts father and son being held on charges they helped smuggle former Nissan Motor Co chairman Carlos Ghosn out of Japan.

What happened Shares of insurance company Lemonade (NYSE: LMND) fell a painful 13% on Wednesday after less than one week on the public markets. What could have possibly happened to crash this stock?

Mohamed Salah scored twice as champions Liverpool moved on to 92 points with a 3-1 win at Brighton and Hove Albion in the Premier League on Wednesday.

In trading on Wednesday, shares of Proofpoint Inc (Symbol: PFPT) crossed above their 200 day moving average of $116.97, changing hands as high as $118.09 per share. Proofpoint Inc shares are currently trading up about 4.7% on the day. The chart below shows the one year perfo

In trading on Wednesday, shares of DISH Network Corp (Symbol: DISH) crossed below their 200 day moving average of $31.77, changing hands as low as $31.48 per share. DISH Network Corp shares are currently trading down about 2.2% on the day. The chart below shows the one year

U.S. crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country's largest refinery in late June led it to offload more barrels.

Fresh pastures are opening in the world of yield farming.

Kyber, a decentralized exchange (DEX), is preparing to share trading fees with KNC token holders. Launched Tuesday, KyberDAO will let users stake KNC and earn yields in more KNC, proportional to their stake.

Yields won’t actually kick in for about two more weeks, but participants will need to participate in voting in the week prior in order to start accruing earnings. 

Related: New Enterprise Ethereum Director Widens Tent to Include Exchanges and DeFi

A growing trend in decentralized finance (DeFi) has been for users with significant holdings to earn returns by contributing those assets to DeFi applications that need liquidity. Launched in 2017, Kyber has always been designed as a DEX that connects liquidity with users, without middlemen. 

Read more: What Is Yield Farming? The Rocket Fuel of DeFi, Explained

A fee of 0.20% on each trade made on Kyber will be paid out to various parties. Of that, 65% will go to those who have staked on the DAO, 30% will go to entities providing liquidity on-chain for Kyber and 5% will be used to buy KNC and burn it, gradually increasing the value of KNC.

Kyber’s daily trading volume over the last month has been as high as $9 million and as low as over $2.4 million. DeFi Pulse lists it as the fifth-largest DEX in terms of total value locked (TVL), with $6.6 million. It’s worth noting Kyber is not limited to liquidity directly on-chain, but also makes it easy for other liquidity providers to access Kyber’s orders.

Yield farming a DEX?

Related: DeFi Driving Chainlink’s Link Token to Record Highs

With KyberDAO, the company is giving an incentive for more users to hold onto their KNC and actively participate in governance. As in most such setups, users can do this easily by delegating their stake to another entity that will cast votes for them. 

KyberDAO is part of a broader upgrade on the DEX called Katalyst. 

There has been a general uptick of interest in DEXs thanks to the broader surge in DeFi. More broadly, there’s just a lot of activity on Ethereum right now. 

Read more: DeFi’s ‘Agricultural Revolution’ Has Ethereum Users Turning to Decentralized Exchanges

For now, Kyber provides a way for DeFi apps and people to make trades straight from their wallets, but the vision is bigger than enabling users to play the market. Kyber anticipates a bright future for payments in various crypto tokens. By providing incentives to get enough liquidity on-chain, one day vendors could accept any token for any payment.

Parafi Capital recently announced an investment in Kyber. As Parafi’s Ben Powers told CoinDesk in an email: 

“Kyber is growing rapidly across a variety of KPIs [key performance indicators] – monthly trades, monthly unique traders, number of integrations, and monthly trading volumes. The team is executing flawlessly and is well-positioned to capitalize on the growth of the broader DeFi ecosystem.”

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In trading on Wednesday, shares of Hannon Armstrong Sustainable Infrastructure Capital Inc (Symbol: HASI) crossed above their 200 day moving average of $29.49, changing hands as high as $30.02 per share. Hannon Armstrong Sustainable Infrastructure Capital Inc shares are curre

Amazon.com Inc said it would pull a variety of Washington Redskins merchandise, including jerseys, t-shirts and jewelry, CNBC reported on Wednesday, citing a note from the e-commerce giant to sellers.

SAN FRANCISCO/NEW YORK (Reuters Breakingviews) - Facebook’s new best friends are becoming a weakening link at the worst time. Small firms account for a large chunk of the social network’s $70 billion in annual advertising revenue. The pandemic has also made them more

What happened Shares of Slack (NYSE: WORK) have jumped today, up by 8% as of 1 p.m. EDT, after the company announced that it had acquired Rimeto. The start-up offers an advanced business directory tool that will complement Slack's enterprise messaging platform.

(RTTNews) - European stocks ended broadly lower on Wednesday as concerns over uncertainty about pace of global economic recovery amid rising new cases of coronavirus infection across the world rendered the mood bearish.

(RTTNews) - After announcing the results of its three-year note auction on Tuesday, the Treasury Department revealed Wednesday that its auction of $29 billion worth of ten-year notes attracted above average demand.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Microsoft Corporation (Symbol: MSFT), where a total of 239,826 contracts have traded so far, representing approximately 24.0 million underlying shares. That amounts to

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Advance Auto Parts Inc (Symbol: AAP), where a total of 21,579 contracts have traded so far, representing approximately 2.2 million underlying shares. That amounts to ab

Today, we speak with Krista Brown, a rising senior at New York University’s Stern School of Business. She is joining us this summer on the social media team in marketing and communications.

What happened Shares of CRISPR Therapeutics (NASDAQ: CRSP) jumped 13.8% in June, according to data provided by S&P Global Market Intelligence, after the biotech released data at two different medical meetings during the month.

As the COVID-19 pandemic continues to depress demand for air travel, United Airlines (NASDAQ: UAL) is losing $40 million due to a dearth of traffic, reports The Wall Street Journal this morning. The traffic situation is improving -- but only slowly.