Celsius Network, a crypto lender that filed for Chapter 11 bankruptcy on Wednesday, could stick around in some form, according to one restructuring expert.Ryan Preston Dahl, a partner at the law firm Ropes & Gray LLP, told CoinDesk TV’s “First Mover” that Ce
The best performing sector as of midday Thursday is the Technology & Communications sector, losing just 0.2%. Within that group, Qualcomm Inc (Symbol: QCOM) and Analog Devices Inc (Symbol: ADI) are two of the day's stand-outs, showing a gain of 3.1% and 2.1%, respectively.
What happened
Shares of the vacation rental platform Airbnb (NASDAQ: ABNB) tumbled 4.6% as of 1:35 p.m. ET on Thursday after not one but two separate analysts decided to cut their price targets on the stock.
Looking at the sectors faring worst as of midday Thursday, shares of Energy companies are underperforming other sectors, showing a 3.2% loss. Within the sector, APA Corp (Symbol: APA) and EOG Resources, Inc. (Symbol: EOG) are two of the day's laggards, showing a loss of 5.9% a
Canada on Thursday authorized Moderna Inc's COVID-19 vaccine for babies as young as 6 months old, making it the country's first vaccine against coronavirus for children under 5, Health Canada said.
What happened
Just days after a trading session that saw shares climb 80%, Canoo (NASDAQ: GOEV) is on the go once again. On Thursday, shares traded up as much as 40% on news that the electric truck start-up has been selected to work with the U.S. Army on a potential project.
Chile's Supreme Court on Thursday ratified the definitive closure of Canada-based Barrick Gold's controversial $8.5 billion Pascua Lama gold and copper mining project, previously ordered to shutter by the country's environmental regulator in 2018.
Morocco's economic growth will slow to 1.3% in 2022, following growth of 7.9% in 2021, due to drought, imported inflation and a drop in foreign demand, the country's planning agency said on Thursday.
Tadej Pogacar attacked Tour de France overall leader Jonas Vingegaard twice in the ascent to L'Alpe d'Huez on Thursday in a bid to reclaim the yellow jersey but the defending champion admitted lacking a bit of self-confidence a day after cracking in a gruelling Alpine stage.
Voting in the Senate on a bill that would provide funding for the U.S. semiconductor industry as part of efforts to improve competitiveness with China could begin as early as Tuesday, Senate Majority Leader Chuck Schumer has been telling lawmakers, a source familiar with the issue said on Thursday.
In trading on Thursday, shares of TransAlta Corp's Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TSX: TA-PRD.TO) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.7192), with shares changing hands as low as $14.25 on the day.
Aston Martin is closing in on a deal to raise over 500 million pounds ($589.30 million) by bringing in Saudi Arabia's sovereign wealth fund as a major shareholder and launching a rights issue for investors, the Financial Times reported on Thursday.
Health care stocks were mostly lower this afternoon, with the NYSE Health Care Index sinking 1.1% while the SPDR Health Care Select Sector ETF (XLV) was down 1.2%.
(RTTNews) - The Switzerland stock market ended on a weak note on Thursday, extending losses from the previous session, as rising worries about slowing global economic growth continued to weigh on sentiment.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index sliding 2.3% while the SPDR Financial Select Sector ETF (XLF) was off 2.7%.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Rentals Inc (Symbol: URI), where a total volume of 3,337 contracts has been traded thus far today, a contract volume which is representative of approximat