Cathie Wood’s ARK Invest has seen its big bets on cryptocurrency and tech sour over the past year, but that’s not deterring the asset manager from doubling down on risky assets. The firm,...
Tag: Companies
Oracle Stock Rises. Sales Topped Guidance but Profits Missed.
Text size Oracle’s headquarters. The software giant’s earnings disappointed. Justin Sullivan/Getty Images Oracle posted mixed numbers for the quarter. Revenue edged out guidance, but profi...
Goldman Sachs Is Preparing Layoffs. Tech Isn’t the Only Industry Cutting Jobs.
Text size Goldman Sachs is putting together a plan to lay off employees, according to reports. Jason Alden/Bloomberg Goldman Sachs is putting together a plan to lay off employees, according to media r...
3 Chip Stocks for a Potential Recession, According to an Analyst
Broadcom is one of three chip stocks Bernstein identified as able to outperform in a recession. Justin Sullivan/Getty Images Text size Bernstein believes three semiconductor stocks can outperform if t...
IHS Is a Play on Emerging Market Cellphones. Why the Stock Looks Like a Buy.
Text size IHS’s organic revenue growth has been 18% a year over the past half-decade. Dreamstime IHS Holding is the new kid on the block in the cell-tower world—and its stock may be worth buying. Runn...
Stocks Poised to Open Higher on Monday
Stocks are poised to open higher in New York on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open higher on Monday as investors await the August reading on inflation. On S...
T-Mobile Stock Market Value Has Been Rising. It’s Bigger Than Verizon.
Illustration by Elias Stein Text size There’s a new top dog in U.S. telecom. This past Tuesday, T-Mobile US nosed ahead of Verizon Communications , and AT&T in market capitalization—an exclamation...
MicroStrategy could raise up to $500 million to buy bitcoin
MicroStrategy could sell up to $500 million in class A common stock and could buy more bitcoin. A new prospectus filed with the Securities and Exchange Commission (SEC) says the firm has entered into ...
Amber Group cuts staff by 10%: Bloomberg
Singapore-based digital asset company Amber Group recently reduced staff, citing bearish cryptocurrency market conditions. As headcount adjustments occur on a quarterly basis, this year approximately ...
5 Biggest Oil Tanker Companies
Oil tanker companies specialize in the transportation and storage of crude oil. The business involves firms that own, operate, or lease various types of oil tankers and facilities. Crude tankers trans...
Statemind saving crypto companies $350M shows industry why blockchain audits matter
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Over the last several days, a widespread investigation was launched into an anon...
Statemind saving crypto companies $650M shows industry why blockchain audits matter
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Over the last several days, a widespread investigation was launched into an anon...
‘We want to buy agricultural companies’: Mario Gabelli
DBA – the Invesco DB Agriculture Fund is currently down nearly 10% from its year-to-date high but billionaire investor Mario Gabelli is convinced the agri stocks are a good investment for the next sev...
Chainalysis and US law enforcement recover $30 million from Ronin exploit
Blockchain analytics firm Chainalysis and US law enforcement recovered $30 million in stolen crypto from the North Korea-linked hack on Ronin, the main blockchain for the web3 play-to-earn game Axie I...
Are crypto companies transparent enough to survive the wrath of regulators?
In an industry operating on the absolute thinnest line on the cutting edge of rapidly evolving technology and regulation, it’s becoming self-evident that companies need to be much more careful when ma...
Polygon will continue hiring despite market downturn: Bloomberg
Ethereum scaling solution Polygon plans to continue hiring despite the bear market and choppy macro conditions, it said this week. This will include plans to increase its overall headcount by over 40...
AMD Is the Chip Stock to Buy Over Nvidia and Intel, Says Analyst. Here’s Why.
Text size AMD releases its next-generation Ryzen 7000 series chips on Sept. 27. Dreamstime Advanced Micro Devices is the best bet out of the three major U.S. computer chip companies, according to Stif...
Why The U.S. SEC Chair Asks Crypto Companies To Register
The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler delivered a speech on crypto and regulations. Gensler reiterated his belief that most digital assets are classified as securitie...
Defiance Debuts ETF To Short Blockchain Companies
Amplify Investments’ Transformational Data Sharing ETF (BLOK) is down roughly 50% year to date Though Defiance is bullish on crypto long-term, CEO says being short crypto firms will provide the best d...
S&P 500: 10 Companies Raise Their Juicy Dividends Like Crazy
What’s better than a big fat S&P 500 dividend? One that’s rising fast. And there’s a surprising number of S&P 500 stocks upping their dividend game. X Ten companies in the S&...
Aave Companies Seeks $16M From DAO Funds to Pay Crypto Developers
Portals, one of the biggest improvements, allow users to swap assets from any blockchain on which Aave is deployed. Users can create “aTokens” – which represent deposits into Aave – on one chain and b...
Lucid Stock Gets a New Buy Rating. Its Batteries Are Beating Tesla’s.
R.F. Lafferty says Lucid’s battery pack technology is a “key differentiator” in driving range and horsepower. Courtesy Lucid Motors Text size Luxury electric vehicle start-up Lucid picked up a n...