US Producer Prices Surge 11% in April as Food Prices Jump
U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.
U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.
The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets.
Cryptocurrency trading platform Coinbase has lost half its value in the past week.
Google on Wednesday took a big step toward pushing its Pixel product line-up down a road already paved by Apple and its array of trendsetting phones, tablets and watches.
Tether says it’s performing a $1 billion swap with a third party to shore up stablecoin
Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology stocks on Wall Street.
Rivian Automotive Inc. stock rose more than 5% in after-hours trading Wednesday after the electric-vehicle maker kept its 2022 production outlook intact and tried to assure investors that it was on the right track amid a recent selloff of its shares.
Card-issuing company expects 46% to 48% net revenue growth in second quarter
OPKO Health, Inc. (NASDAQ:OPK – Get Rating) Vice Chairman Elias A. Zerhouni bought 89,600 shares of the business’s stock in a transaction dated Tuesday, May 10th. The shares were bought at an average cost of $2.79 per share, for a total transaction of $249,984.00. Following the transaction, the insider now owns 89,600 shares in the company, valued at approximately $249,984. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
AstraZeneca (LON:AZN – Get Rating)’s stock had its “overweight” rating reissued by equities research analysts at Morgan Stanley in a note issued to investors on Wednesday, Marketbeat.com reports.