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    Prospect Capital Plunges on First Dividend Cut Since 2017

    by skolnes November 8, 2024
    November 8, 2024

    (Bloomberg) — Shares of Prospect Capital Corp., a $7.6 billion publicly-traded private credit fund, tumbled more than 16% Friday after the firm cut its dividend for the first time in …

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    Icahn Enterprises Halves Dividend to Boost CVR Energy Stake

    by skolnes November 8, 2024
    November 8, 2024

    (Bloomberg) — Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Most Read from …

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    Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism

    by skolnes November 8, 2024
    November 8, 2024

    (Reuters) – Tesla’s (TSLA) market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return …

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    DJT stock climbs after Trump says he will not sell shares

    by skolnes November 8, 2024
    November 8, 2024

    Trump Media & Technology Group stock (DJT) leaped as much as 15% Friday and was briefly halted for volatility after Donald Trump said he would not sell his shares in …

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    S&P 500 eyes 6,000 mark as Wall Street heads for best week in a year

    by skolnes November 8, 2024
    November 8, 2024

    US stocks hovered near record highs on Friday, with the Nasdaq lagging as post-election euphoria ebbed and China’s latest stimulus plan fell flat. The S&P 500 (^GSPC) rose 0.3%, while …

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  • Cryptocurrency News

    Paramount posts another quarter of streaming profit, but linear TV and studio struggles pressure revenue

    by skolnes November 8, 2024
    November 8, 2024

    Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further improvement in its streaming business it gets ready to combine with Skydance Media. The media …

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    S&P 500, Nasdaq futures lose grip on records as Trump trade fizzles

    by skolnes November 8, 2024
    November 8, 2024

    US stocks struggled to hold near record highs on Friday, with the Nasdaq slipping as post-election euphoria ebbed and China’s latest stimulus plan fell flat. S&P 500 futures (ES=F) slipped …

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  • Cryptocurrency News

    Paramount earnings show another quarter of streaming profits but linear TV, studio struggles pressure revenue

    by skolnes November 8, 2024
    November 8, 2024

    Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further strength in streaming as it gets ready to combine with Skydance Media. The media giant …

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  • Cryptocurrency News

    Money market account rates today, November 8, 2024 (up to 5.00% APY return)

    by skolnes November 8, 2024
    November 8, 2024

    Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed slashed …

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  • Cryptocurrency News

    Analysis-Is Goldilocks gone? Emerging markets face uncertain path under Trump

    by skolnes November 8, 2024
    November 8, 2024

    By Libby George LONDON (Reuters) – Investors hoping for a “Goldilocks” moment for emerging markets in 2025 following years of global interest rate hikes are grappling with significant uncertainty ahead …

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