Investing

A day after office co-working start-up WeWork revealed there was “substantial doubt” about its ability to continue, its share price has dropped again. But how did it get here?

While-label partner Paxos, smarting from loss of Binance token, said to be in talks with slew of financial firms.

PayPal became the first online payment giant to enter the cryptocurrency arena on Monday by rolling out a stablecoin pegged to the U.S. dollar, sending its shares up nearly 3% despite a turbulent crypto market and as PayPal’s stock dipped to a six-year low in the wake of decreased consumer spending last year.

Moderna and BioNTech shares both cratered to their lowest price in years Monday as the companies behind the most widely-circulated mRNA Covid-19 vaccines grapple with investor disappointment with crashing revenues.

Homeowners are eagerly awaiting the Reserve Bank of Australia’s (RBA’s) decision this afternoon about whether to hold or increase the official cash rate.

The Securities and Exchange Commission charged crypto influencer Richard Heart on Monday with raising more than $1 billion in unregistered securities and using investor proceeds to make lavish purchases, including a rare 555.55-carat black diamond believed to have originated from outer space—the latest crypto project to face an SEC suit.

Shares of the Swedish music streaming giant tanked 11% Tuesday after reporting earnings, set for their worst day in nine months.

The surge in share price comes amid an industry standoff with Hollywood actors and writers demanding fair contracts that one analyst deemed a major win for Netflix.

While the Public Investment Fund did not report its returns for 2022, the losses correlate with similar declines in global markets

Activision Blizzard’s stock price peaked around $92 a share Tuesday after a federal judge in California ruled it could merge with Microsoft.