Blog 6

Robinhood and Coinbase top Apple App Store

Coinbase is a popular option for buying bitcoin and other cryptocurrencies. Todd Haselton | CNBC Watch out social media, finance apps are becoming a more popular form of entertainment on people’s phones. Trading platforms Robinhood and Coinbase grabbed the top two spots in Apple’s...

Hyundai Motor

Hyundai Motor Group names new chief for mobility division

Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an outsider as its chief following his tenure with global tech giants such as Apple Inc and Microsoft . Song Chang-hyeon will lead the...

Stock To Trade

Top 5 Stock To Trade Today 16 April 2021 | Capital Street Fx

1.Facebook: –Ireland’s Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc (NASDAQ:FB), after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public. Facebook said in a blog post last...

European stocks

European stocks rise as Daimler earnings lift automakers

European stocks hit a record high on Friday after strong U.S. and China data spurred optimism about a speedy global recovery, while automakers got a boost following Daimler (OTC:DDAIF)’s better-than-expected profit. The pan-European STOXX 600 indices rose 0.1% by 0706 GMT, on course for...

Coinbase stock closes down day after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares whipsawed Thursday, a day after the cryptocurrency exchange went public in...

Here’s how investors can spot the next Bernie Madoff

Bernie Madoff exits federal court March 10, 2009, in New York. Mario Tama | Getty Images News | Getty Images Bernie Madoff was perhaps the starkest reminder that financial advisors can go rogue — and, when they do, people stand to lose a lot...

Coinbase stock whipsaws after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares dipped Thursday morning, a day after the cryptocurrency exchange went public...

Coinbase dips slightly after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares dipped Thursday morning, a day after the cryptocurrency exchange went public...

Facebook

Ireland launches inquiry into Facebook after reports of data leak

Ireland’s Data Protection Commission (DPC) said on Wednesday it had launched an inquiry into Facebook Inc , after a dataset reported to contain personal data relating to some 533 million Facebook users worldwide was made public. Facebook said in a blog post last week...

Coinbase climbs 3% after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares jumped Thursday morning, a day after the cryptocurrency exchange went public...

Bank of America

Bank of America profit more than doubles on reserve release boost

Bank of America (NYSE:BAC) UP 1.42% AT 39.88 Bank of America Corp’s profit more than doubled in the first quarter and topped Wall Street estimates as it released reserves it had set aside to cover potential coronavirus loan losses. The second-largest U.S. bank by...

Stock To Trade

Top 5 Stock To Trade Today 15 April 2021 | Capital Street Fx

1.Google: –The judge hearing the Texas antitrust lawsuit against Alphabet (NASDAQ:GOOGL) Inc’s Google put limits on what the search giant’s in-house lawyers can see in an order aimed at ensuring that confidential information used in an upcoming trial remains secure. The issue is a...

Coinbase climbs 7% in premarket trading after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares surged in premarket trading on Thursday, a day after the cryptocurrency...

Coinbase climbs 8% in premarket trading after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares surged in premarket trading on Thursday, a day after the cryptocurrency...

Coinbase climbs 10% in premarket trading after landmark Nasdaq debut

Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares surged in premarket trading on Thursday, a day after the cryptocurrency...

Online bank N26 jumps into insurance, taking on giants like Allianz

German online bank N26 has launched an insurance service. N26 LONDON — German digital bank N26 is getting into insurance. The Berlin-based fintech said Thursday that it’s launching insurance policies for smartphones in partnership with local start-up Simplesurance. Plans start from 6 euros —...

Dow futures jump 100 points after S&P 500 retreats from record

Scott Mlyn | CNBC Futures contracts tied to the major U.S. stock indexes ticked higher in the overnight session Wednesday evening after the S&P 500 retreated from record levels during the regular session. Contracts tied to the Dow added 53 points, while those pegged...

Richard Branson sells over $150 million in Virgin Galactic stock

Richard Branson, Founder of Virgin Galactic (C) poses next to George T. Whitesides (R), CEO of Virgin Galactic Holdings after ringing the First Trade Bell to commemorate the company’s first day of trading on the New York Stock Exchange on October 28, 2019. Johannes...

Stock futures inch higher after S&P 500 retreats from record

Scott Mlyn | CNBC Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Wednesday evening after the S&P 500 retreated from record levels during the regular session. Contracts tied to the Dow added 50 points,...

Stock To Trade

Top 5 Stock To Trade Today 14 April 2021 | Capital Street Fx

1.JPMorgan: –JPMorgan (NYSE:JPM) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations. JPMorgan announced earnings per share of $4.5 on revenue of $33.12B. Analysts polled by Investing.com anticipated EPS of $3.06 on revenue of $30.46B. JPMorgan shares are...

SAP shares

SAP shares pop on preliminary Q1 results, raised full-year guidance

SAP AG UP 4.09% AT 116.27 In Q1, SAP (NYSE: SAP) achieved its highest order entry growth across cloud and software in five years. The company expects €6.35B versus the €6.3B consensus and EPS of €0.88 IFRS or €1.40 non-IFRS. The EPS figures are...

Walmart

How the pandemic helped Walmart battle Amazon Marketplace for sellers

Amazon (NASDAQ:AMZN) Inc UP 0.61% AT 3400.00 & Walmart (NYSE:WMT) DOWN 0.31% AT 139.37 Between 2009 and 2014, Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets to power tools, counted no more than six sellers, and was described by one expert...

Gary Gensler has a full agenda as he gets set to take over the SEC

Gary Gensler, then-chairman of the U.S. Commodity Futures Trading Commission (CFTC). Simon Dawson | Bloomberg | Getty Images The Senate is likely to confirm Gary Gensler as the new chairman of the Securities and Exchange Commission either Wednesday or later this week, and crypto...

Stock futures are flat as earnings season kicks off

U.S. stock futures were flat in early morning trading on Wednesday as investors digested the first batch of corporate earnings. Dow Jones Industrial average futures implied just a 6-point gain at the open. S&P 500 futures were 0.1% higher and Nasdaq 100 futures gained...

JPMorgan Chase earnings are out — here are the numbers

JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase reported first-quarter earnings before the opening bell on Wednesday. Here are the numbers: Earnings: $4.50 per...

European Stock Futures

European Stock Futures Mixed as J&J Vaccine News Blunts Inflation Threat

European stock markets are seen opening mixed Wednesday, largely continuing the positive global trend on the back of falling bond yields as U.S. inflation concerns eased, although other concerns over Covid-19 remain. At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany...

Bitcoin climbs above $64,000 ahead of Coinbase IPO

Bitcoin pushes to fresh record high after breaching $62,000 yesterday The supposedly watershed moment for the crypto world is keeping sentiment more upbeat as Bitcoin climbs by nearly 2% to a fresh record high above $64,000 now. Ethereum is also up 3% to $2,370...

Stock futures are flat ahead of earnings season kickoff

U.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch of corporate earnings. Dow futures rose just 10 points. S&P 500 futures gained 0.03% and Nasdaq 100 futures rose 0.02%. On Tuesday, the S&P 500 climbed 0.4% to close...

Credit Suisse is still unloading shares of Discovery from Archegos

Credit Suisse bank. NurPhoto | NurPhoto | Getty Images Credit Suisse is still unraveling its positions from the blow up of Archegos Capital Management, traders told CNBC’s David Faber, putting more pressure on a beaten-down media stock. The investment bank was shopping blocks of...

The bitcoin chart is a pretty picture

Bitcoin breaks out The period of consolidation in bitcoin appears to be over. Bitcoin has broken above the March high today as it continues a run of higher lows. It’s all adding up to a beautiful chart with nothing now standing in the way...

Tencent

Prosus raises $14.7 billion from Tencent sale in world’s largest block trade: sources

Dutch-based technology investor Prosus NT has sold a 2% stake in Chinese tech giant Tencent at HK$595 per share to raise $14.7 billion in the world’s largest block trade, according to two sources with direct knowledge of the matter. The sources could not be...

Business software group SAP

SAP forms financial services alliance with investor Dediq

SAP AG UP 0.09% AT 111.21 Business software group SAP said on Tuesday it was forming a joint venture with Munich-based investor Dediq to develop new digital solutions for banking and insurance. Under the deal, Dediq will invest more than 500 million euros ($595...

Stock To Trade

Top 5 Stock To Trade Today 13 April 2021 | Capital Street Fx

1.JPMorgan: –Investment bank JPMorgan(NYSE:JPM) recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from the start of the year when it was backing them to have a good run. After forecasts of a strong run for emerging currencies at the start of...

European Stock Futures

European Stock Futures Lower; U.K. GDP Disappoints Ahead of Key U.S. Data

European stock markets are seen opening marginally lower Tuesday, weighed on by some patchy growth data out of the U.K. but generally cautious ahead of key U.S. inflation numbers. At 3:15 AM ET (0715 GMT), the DAX futures contract in Germany traded 0.1% lower,...