The Financial Accounting Standards Board's new accounting rules for cryptocurrencies will go into effect on Monday, making it easier for businesses to account for the value of their holdings on their balance sheets and encouraging adoption. What happened: The Accounting…
Bank of America Securities and other experts are weighing in on the breakdown in merger talks between The Hershey Co. (NYSE:HSY) and Mondelez International, Inc. (NASDAQ:MDLZ). What Happened: Early Wednesday morning, Mondelez announced a new $9 billion share repurchase program.…
Mondelez International, Inc. (NASDAQ:MDLZ) Board of Directors approved a new share repurchase program of up to $9 billion in Class A common stock, effective January 1, 2025, and lasting until December 31, 2027. This new authorization will replace the current…
Major U.S. indices witnessed marginal declines in premarket trading on Monday amid mixed global trade. This week, investors will be closely watching key economic indicators, with inflation data in particular focus. Wednesday’s release of November’s consumer price index will provide…
Jeffs Brands Ltd (NASDAQ:JFBR) shares are trading higher by 17.1% to $2.67 during Friday’s session after the company announced it regained compliance status with Nasdaq’s minimum bid requirement. What Else: Jeffs’ Brands has resolved its previous bid price deficiency and…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Jefferies analyst Stephen Volkmann downgraded the rating for Deere &…
A dormant whale resurfaced after 11 years on Tuesday, moving over $250 million worth of Bitcoin (CRYPTO: BTC). What Happened: According to the on-chain tracking platform Lookonchain, the investor suddenly became active, moving 2,700 BTCs to a new address. The total value…
Palantir Technologies Inc. (NYSE:PLTR) experienced a 3.25% increase in pre-market trading on Monday, as per Benzinga Pro. This rise follows the company’s recent announcement of its transition from the NYSE to the Nasdaq, with trading set to begin on Nov. 26. Palantir’s stock…
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Greed” zone on Thursday. U.S. stocks settled higher on Thursday, with the Dow Jomes index gaining more than 450…
Nokia Corporation (NYSE:NOK) shares are trading higher premarket on Wednesday. The company secured a multi-year, multi-billion USD contract extension with Bharti Airtel to deploy advanced 4G and 5G equipment across key regions in India. The deal includes Nokia’s 5G AirScale…