Capital Gain

Israel to go back to masks

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National coronavirus coordinator Prof. Nachman Ash said today that the obligation to wear masks in enclosed spaces would be re-imposed from next week. This follows a decision by the government that the rule would be re-imposed if the weekly average number of verified cases of Covid-19 in Israel reached 100 a day. Ash said […]

Rite Aids Plunges As Revenue Growth Underwhelms By Investing.com

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© Reuters. By Dhirendra Tripathi Investing.com – Rite Aid (NYSE:) slumped 14% Thursday as 2.2% growth in quarterly revenue fell short of expectations even as losses at the pharmacy chain narrowed sharply. Revenue for the first quarter ended May 29 was $6.16 billion. The net loss was $13.1 million compared to $72.7 million in the […]

The importance of stimmies, capital-gains tax and a killer meme—day traders reveal their investing secrets

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Stocks: The importance of stimmies, capital-gains tax and a killer meme—day traders reveal their investing secrets | Fortune You need to enable JavaScript to view this site. Source link

Cloud data warehouse co Firebolt raises $127m

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There are not many Israeli companies that can claim to be in direct competition with Amazon, Google and Snowflake. One of the few is cloud data warehouse company Firebolt, which today announced the completion of a $127 million Series B financing round, just a little over two years after it was founded. Prior […]

Trust is key to mainstream adoption for stablecoins, says Paxos CEO By Cointelegraph

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Trust is key to mainstream adoption for stablecoins, says Paxos CEO Paxos CEO Charles Cascarilla believes that stablecoins need solid regulation to go beyond being just a tool for crypto enthusiasts and achieving mainstream adoption. Speaking to Bloomberg, Cascarilla explained that stablecoins would be unable to build trust without regulation, which is critical to attracting […]

U.S. futures climb as investors focus on bank and tech stocks—crypto wobbles

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Payoneer set for Nasdaq listing as SPAC approves merger

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Digital payments company Payoneer Global will begin trading on Nasdaq in the very near future under the PAYO ticker, after the shareholders of US special purpose acquisition company (SPAC) FTAC Olympus Acquisition Corp. approved the merger with an over4whelming 97.8% majority, with the Israeli-founded fintech company. Payoneer will complete the SPAC merger at a […]

Emotions run high as Hong Kong residents snap up final edition of Apple Daily By Reuters

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2/2 © Reuters. Staff members of Apple Daily and its publisher Next Digital pose with the final edition of Apple Daily at its headquarters in Hong Kong, China June 24, 2021. REUTERS/Tyrone Siu 2/2 By Sharon Abratique and Pak Yiu HONG KONG (Reuters) -Hong Kong residents rushed in the early hours of Thursday to snap […]

Israel postpones plans to reopen to foreign tourists

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Israel’s cabinet today decided to postpone plans to reopen the country to foreign tourists on July 1 following the recent uptick in new Covid-19 cases. Implementation of the plan has been delayed until at least August 1. Earlier this week Minister of Interior Ayelet Shaked reaffirmed the decision by her predecessor Aryeh Deri […]

Dollar Up, Investors Digest Mixed Comments on Inflation from Fed Officials By Investing.com

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© Reuters. By Doris Yu Investing.com – The dollar was up on Thursday morning in Asia as investors digested mixed signals from U.S. Federal Reserve officials regarding the timeline of stimulus measures changes. The that tracks the greenback against a basket of other currencies inched up 0.05% to 91.828 by 11:14 PM ET (3:14 AM […]