Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token ...
Tag: Financial
‘Double’ Trouble for Apple Could Actually Help the Overall Market
It’s time to wrap up what has been a tough year for the markets. What does 2023 hold in store? The answer may come down to one stock. Sifting through the damage of 2022, some of the hardest hit ...
Doug Kass: My Best Investment Idea for 2023
My best investment idea for next year is not a stock. No grand 2023 S&P 500 EPS estimates or lofty price targets from this observer! This idea is risk free and may provide an equity-like return ne...
Tokens.com Reports Financial Results for Fiscal Year 2022
TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3 as...
GE Is Not a Lost Cause as Healthcare Spinoff Gets Set to Join S&P 500
News broke on Wednesday evening that GE Healthcare will enter the S&P 500 when it is spun off from General Electric (GE) and begins trading at the Nasdaq under the symbol GEHC. This happens next W...
My Unusual (For Me) 2023 Stock Pick Has Quietly Become a Dividend Champion
My top stock pick for 2023 is a bit out of the ordinary in terms of my past selections which, over the years, have tended to be very small and sometimes off-the-wall names. My pick this time around is...
My 2023 Stock Pick Is a No-Frills Big Bank Hiding Right in Front of Us
What if I told you I found a stock that’s already discounted from recession jitters, has top-notch management, and a valuation you can wrap your arms around? And what if that same stock was actu...
Former president of Russia says collapse of global financial system will accelerate crypto adoption
Dmitry Medvedev, the former President of Russia, believes that a worldwide financial collapse will result in a widespread acceptance of cryptocurrencies. He predicts that both the US dollar and the eu...
Netflix to release gripping financial thriller about Bernie Madoff on January 4 (trailer)
One year and eight months after the death of Bernie Madoff, an American fraudster and Wall Street financier who was the mastermind behind the largest Ponzi scheme in history, streaming platform Netfli...
Here’s My 2023 Stock Pick — and Advice That’s Perhaps More Important
Before we get to my “best bet” for the coming year, I want to put this whole “New Year Stock Pick” thing in perspective. You know the first part: I am going to give you a na...
Russia’s largest bank issued gold-backed digital financial assets
Russia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to be a “great alternative” to investments am...
Sam Bankman-Fried’s FTX tenure involved former and current US financial regulators
Sam Bankman-Fried reportedly collaborated with several former and current officials in top US agencies to oversee the fallen ramp’s operations. Seemingly, his ultimate goal was to introduce concise re...
For 2023, This Dividend Pick Will Add Some Style to Your Portfolio
What a tough year for the financial markets. Some dividend stocks performed relatively well in 2022, especially in the energy sector, but with the U.S. stuck in a prolonged bear market, many perennial...
Hope Global Forums rallies business leaders for financial literacy
Preaching a message of financial education and financial freedom, John Hope Bryant is galvanizing America’s top business leaders in the battle for “silver rights,” a term he coined t...
How to Become a Financial Advisor in 6 Steps
What Estate Expenses Are Paid by the Beneficiary? If you’re good with money and working with people, you may be interested in becoming a financial advisor. There’s more than one way to become a financ...
Bearish Bets: A Retailer and 2 Other Stocks You Should Think About Shorting
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist
In the wake the FTX collapse, calls to regulate crypto have increased among U.S. lawmakers. But doing so would confer legitimacy to the crypto industry, a prominent economist argued this week, and tha...
As Temps Drop, This Energy Play Should Be a ‘Peak’ Performer
The “Bomb Cyclone” that was slated to hit the country during the holidays seems an appropriate way to end 2022, which has brought little but bad tidings for investors. The artic blast has ...
The Best Performing Stock in 2023 Will Be…
If you want to produce superior returns in 2023, then your primary focus should be on strategy rather than trying to find a great stock pick. The best-performing stock in 2023 will be the stock you tr...
Doug Kass: What If David Tepper Is Wrong?
The battle of investment wit continues. David Tepper’s CNBC interview Thursday and FinTV’s coverage of it caused more than a ripple in the markets (here it is). At one point Thursday the S...
The Yen Helps Sumitomo Mitsui Financial Group Soar To New 52-Week Highs
Yen, Japan, Sumitomo Mitsui getty Reacting positively to Japan’s central bank’s move to changes in its funds rate, Sumitomo Mitsui Financial Group blasted upward to a new high for the year. As the yen...
Vale: Mining a Stock With Long-Term Promise
Vale S.A. (VALE) is a Brazil-based miner of nickel and other key metals and minerals (iron ore and pellets, nickel, manganese ore, copper, ferroalloys, metallurgical and thermal coal, copper and cobal...
Privacy coins face potential ‘extinction’ but will they survive the wrath of financial regulators?
Privacy-protecting crypto tokens and solutions have been attracting serious regulatory scrutiny in recent years, due to their increasing use by bad actors to perpetuate dirty acts like money launderin...
This 73-Year-Old Investment Strategy Is Still Working Today
As we put 2022 out of its misery, I am reflecting back on what worked and what did not this year. There was plenty that did not. One area that was modestly successful was a screen I’ve used for ...