Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chair Gary Gensler said he would be aggressively pursuing bad financial actors who were “playing with working families’
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Special purpose acquisition company (SPAC) deals that looked great in February now look very dicey. Like the effort by Churchill Capital IV (NASDAQ:CCIV) to buy electric car maker Lucid Motors and become LCID. The CCIV stock story highlights the risks in the SPAC phenomenon. Source: Dmitry Demidovich/ShutterStock.com First, you don’t know the merger target. Once
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The COVID-19 pandemic has affected nearly every phase of American life, and shopping is no exception. It has wrought changes in what we buy, how we buy it, and how we pay for it. Let’s look at some areas where the coronavirus crisis been especially influential: purchase methods such as buy now, pay later (BNPL);
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Crypto bull Meltem Demirors said Wednesday she believes the recent turbulence in bitcoin and ether are positive long-term developments, contending the optimistic story around the digital assets remains intact. “It’s been really frothy. There was a lot of leverage in the markets. Some of that got taken out in April,” the chief strategy officer at CoinShares
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The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday:  Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
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SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday’s session are Oracle Corp., Smith & Wesson Holding Corp., and Family Dollar Stores Inc. After Thursday’s closing bell, Oracle ORCL, -0.72%  said its fiscal fourth-quarter profit fell to $3.65 billion from $3.81 billion a year earlier. Per-share earnings
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Up until last week, shares in renewable biofuels company Gevo (NASDAQ:GEVO) had slumped almost 70% from mid-February highs. For those who believed in the growth potential of the company, this represented a huge buying opportunity. However, after reporting Q1 earnings on May 13, GEVO stock has rallied. Source: Oleksiy Mark / Shutterstock.com More specifically, GEVO popped
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