An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Ken James | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Overstock.com — Shares jumped 16% on news the e-commerce company won the auction for Bed Bath & Beyond’s digital assets and intellectual…
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell appears Thursday on Capitol Hill for the second day of his testimony on monetary policy. The central bank leader will appear before the Senate Banking…
A Tesla car dealership is seen on May 31, 2023 in Austin, Texas. Brandon Bell | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla – Shares dropped more than 3% before the bell after Morgan Stanley downgraded the electric vehicle maker to equal weight, citing its steep valuation following…
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its 13th consecutive increase as policymakers grapple with persistently high…
Brad Garlinghouse, chief executive officer of Ripple, speaks during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Saturday, June 11, 2022. Jordan Vonderhaar | Bloomberg | Getty Images Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry…
Market Movers rounded up the best reactions from investors and analysts on FedEx . The experts, including Jim Cramer , discussed the shipping company after it issued soft guidance for 2024. Late Tuesday, FedEx forecasted flat to low single-digit-percent revenue growth year over year for fiscal 2024. For its latest quarter, the shipping giant posted…
Federal Reserve Chairman Jerome Powell arrives to testify during the House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report,” in Rayburn Building on Wednesday, June 21, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Let it be known: The leader of the U.S. Federal Reserve, the most important central…
People walk by a Dollar Tree store in the Brooklyn borough of New York City, December 11, 2018. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Amazon — Shares of the online retail giant slumped 1.3% after the Federal Trade Commission said it was suing…
Voicemod has created 20 “AI humans,” digital personas that allow gamers to speak in voices other than their own. Voicemod An artificial intelligence firm in Spain has unveiled a number of “AI humans” that allow people to modify their voices in video games — in real time. Voicemod, which is based in Valencia, on Wednesday…
A Bitcoin ATM, the largest cryptocurrency by market cap that operates free of any central control and that relies on a peer-to-peer software and cryptography, on the BitBase stand during the Mobile World Congress 2023 on March 10, 2023, in Barcelona, Spain. Joan Cros | Nurphoto | Getty Images Bitcoin rose to its highest level…
