Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 19% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. West Pharmaceutical Services — Shares spiked
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TD Ameritrade's thinkorswim platform will transition to Charles Schwab Corporation SCHW later in 2023, according to a Tuesday announcement. After Charles Schwab's announcement in August 2020it was acquiring TD Ameritrade,the company continued to improve its thinkorswim trading product suite, with a host of new features and services added in the second half of 2022, Schwab
BEIJING – China imposed fines and sanctions against two US defence companies in a further escalation of tensions between the worlds two biggest economies. Lockheed Martin Corporation and a subsidiary of Raytheon Technologies Corp were added to a list of unreliable entities due to their participation in arms sales to Taiwan, Chinas Ministry of Commerce
Two for one — Grid of atoms is both a quantum computer and an optimization solver The optimization mode requires quantum effects, can solve a growing list of problems. John Timmer – Feb 16, 2023 12:30 pm UTC EnlargeQuEra reader comments 4 with Share this story Share on Facebook Share on Twitter Share on Reddit
Apple Inc.AAPL co-founderSteve Wozniakhas describedBitcoinBTC/USD as the only cryptocurrency thats pure-gold mathematics. What Happened: Wozniak made the comments about Bitcoin in aninterviewwith Business Insider in March 2022, adding that many cryptocurrencies are untrustworthy and have a track record of being rip-offs. There are so many cryptocurrencies that come out now; everybody has a way to
Major Wall Street indices closed in the red on Wednesday as investors and traders turned their focus away from Federal Reserve commentary toward corporate earnings. The Nasdaq Composite and the S&P 500 closed over 1% lower while the Dow Jones fell 0.61%. Here are the five stocks that are drawing investors attention: 1. Tesla Inc
reach outside the box — Meta develops an AI language bot that can use external software tools With Toolformer, an LLM can improve its abilities by calling APIs to external programs. Benj Edwards – Feb 15, 2023 11:56 pm UTC Enlarge / An artist’s impression of a robot hand using a desktop calculator.Aurich Lawson |
The U.S. Securities and Exchange Commission (SEC) wants to sue Paxos for issuing and listing stablecoin Binance USD (BUSD) to the benefit of its top-rival stablecoin Tether (USDT), whose market capitalization has risen to multi-month highs. BUSD market cap drops by $2 billion The SEC asserts that BUSD, a U.S. dollar-backed stablecoin, is a security,
Can major social media stocks deliver in earnings season? Will the trio of FB, LNKD, TWTR manage to impress investors with their most recent reports? Watch our video for clues on how these companies might perform in the days ahead. Facebook: http://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID LinkedIn: http://www.zacks.com/stock/quote/LNKD?cid=CS-YOUTUBE-FT-VID Twitter: http://www.zacks.com/stock/quote/TWTR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter:
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The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens of millions of dollars. The U.S. Trustee’s Argument for an Independent
Puerto Rico Oversight Board member Justin Peterson and other observers of the Puerto Rico Electric Power Authority bankruptcy criticized what they said was the board’s attack on U.S. revenue bonds in the lien adversary proceeding and called for state attorneys general to intervene. “The board’s actions and arguments in the PREPA lien adversary proceeding are
Municipals sold off Wednesday in secondary trading, with the short end seeing the largest cuts, as several large deals priced in the primary. U.S. Treasuries were weaker and equities ended mixed after a strong retail sales report. Triple-A benchmark yields were cut six to 16 basis points, depending on the scale, pushing the one-year muni
Nicola Sturgeon announced her resignation as Scotland’s first minister and leader of the Scottish National party on Wednesday after a backlash over her strategy for securing independence and controversy over proposed gender laws. A thorn in the side of UK prime ministers for almost a decade, Sturgeon led the pro-independence SNP to repeated electoral success
Charlie Munger, a shareholder and board member for The Daily Journal, is set to speak at the newspaper’s virtual annual meeting Wednesday. Munger stepped down from his chairman title at the Los Angeles-based Daily Journal last year. The 99-year-old investor also donated $1 million of stock to create an equity-incentive plan at the company at the
America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September
Green Check Verified (GCV),a fintech provider of compliant cannabis banking solutions and services haslaunched Green Check Connect or GCC a new marketplace enabling marijuana-related businesses to find reliable financial service providers. The idea behind this marketplace is to help cannabis companies with one of their biggest struggles financial, as it connects them with providers that
The following is the opening satirical monologue from The Andrew Klavan Show. As you know, the State of the Union was delivered this week by the president of the United States, a doddering old wreck sinking into oblivion through a fog of lies and self-delusion, which by some strange coincidence is also the state of
NOT THE PYPI PACKAGE YOU’RE LOOKING FOR — Latest attack on PyPI users shows crooks are only getting better The code found in the malicious packages closely resembled legit offerings. Dan Goodin – Feb 14, 2023 11:37 pm UTC EnlargeGetty Images reader comments 35 with Share this story Share on Facebook Share on Twitter Share
Nearly $2.7 billion USD worth of crypto has been lost in 2022 to hacks of smart contracts or protocol infrastructure a 63% increase from last year. With flash loan attacks remaining detrimental to blockchain sustainability, Q2 2022 experienced over $870 million USD in losses. The attacks plaguing Web3, however, are no different than the tried