finance

The Latest

  • Squid Game Coin Crashes, Creators Run Off With $2 Million
    Squid Game
    The Squid Game coin hit a high of $2,800 per coin on Monday before crashing to $0 just a day after.
  • Snap Stock Drops As It Reports Worse-Than-Expected Earnings
    Snap
    Snap's stock fell by more than 25% in after-hours trading Thursday following the release of its latest quarterly earnings.
  • Apple Shares Fell As Chip Shortage Reduced Its iPhone Production Target
    Apple
    Apple's share price fell by as much as 1% following the news that it may miss its production target of 90 million units due to the ongoing global chip shortage.
  • Star Entertainment Group Shares Plummet Following Money Laundering Allegations
    Star Entertainment
    The Sydney Morning Herald, the Age, and 60 Minutes accused Star Entertainment Group of allowing illegal activities at its establishments for years.
  • Ireland Agrees To Sign Deal To Standardize Global Corporate Tax Rate
    Ireland
    Ireland agreed to raise its corporate tax to 15% for comapneis with annual reveneus of over 750 million euros.
  • Zoom And Five9's $14.7 Billion Merger Collapses
    Zoom
    Five9 shareholders had reportedly voted against the deal because of the small premium Zoom was willing to pay.
  • Second-Largest China Evergrande Shareholder To Offload Entire Stake
    China Evergrande
    Chinese Estates Holdings said it plans to sell its stake in China Evergrande and exit the company completely.
  • Singapore To Create $1 Billion Fund Aimed At Attracting More Public Listings
    Singapore
    State-run investment firm Temasek Holdings with the help of the country's stock exchange plans to use the funds to attract more companies to go public.
  • Soho China Stock Falls By More Than 40% Following Failed Blackstone Deal
    Soho China
    Nearly $830 million was wiped out from Soho China's market value after its stock dropped by more than 40% Monday.
  • Wells Fargo Agrees To Pay $250 Million Fine Over Business Oversight
    Wells Fargo
    Wells Fargo signed a consent order issued by the OCC and agreed to pay another $250 million fine for failing to comply with a 2018 settlement.
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