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GG News

Bullion-Meets-Blockchain Startup Tradewind Hires JPMorgan Executive as CEO

Tradewind, which uses a blockchain-based platform to allow investors to buy gold and keep it at the Royal Canadian Mint, hires a former JPMorgan Chase executive as its new CEO.

Barrick Gold Drops $18 Hostile Bid for Newmont; Pair Will Focus on Nevada JV

Barrick Gold pulled out of its $18 billion hostile bid for rival Newmont Mining Monday, saying instead that the world's biggest gold miners will form a joint venture in Nevada.

The 6 Stocks To Watch: Cramer's 'Mad Money' Recap

Jim Cramer's watching six stocks to determine when the selling will end.

Dow Tumbles as Rally Spurred by Trade Deal Hopes Fades

Stocks recoup some losses in late trading but close lower as momentum from a report that China and the U.S. are in the final stages of completing a trade deal fades.

Newmont Shoots Down Barrick Bid, to Proceed With Goldcorp Deal

Newmont Mining rejects an unsolicited $17.8 billion takeover bid from Barrick Gold, declaring the offer isn't in the best interests of its shareholders.

Breaking News

Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal

"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.

Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn

Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.

Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble

Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.

Walmart Builds on Its Biggest Edge Over Amazon

Retailing giant Walmart wants to ensure its customers can get what they're looking for, however they want to buy it.