When Black Friday comes…. Steely Dan is dominating my mental soundtrack this morning. But, as I mentioned in my column earlier this week, I like to stay away from the herd. So, instead of focusi...
Tag: Financial
3 Food Stocks to Own in a Recession
Investors tend to flock to areas of safety leading up to, and during periods of recession. This is because when a recession strikes, more cyclical and companies with riskier earnings streams offer poo...
Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding – Bitcoin News
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from inve...
Bitcoin and ether are not securities, Belgian financial regulator says
Belgium’s financial regulator clarified that crypto assets like bitcoin and ether should not fall under regulation for securities as they have “no issuer.” Crypto assets without an i...
10 Things You Should Discuss With Your Financial Advisor Before 2023
SmartAsset webinar Before 2022 comes to a close, advisors should kick off discussions with clients on a range of subjects, including retirement, investing, insurance and taxes. For many of these topic...
Top Advisors Share the Best Financial Moves to Make Now
It’s easy to get swept up in how stocks, bonds, or your portfolio performed today, this month, or this year, and that’s especially true during market upheavals. But a longer-term view is required to a...
Don’t Expect This Rally to Last, So Put in Stops Now to Protect Your Profits
Whether or not you believe in seasonality, stocks performed pretty well on Tuesday. The SPDR S&P 500 ETF (SPY) traded beautifully, holding above the session’s volume-weighted average price V...
Is This Meme Stock A Financial Winner?
| Getty Images Key takeaways AMC became a popular investment as a meme stock, resulting in incredible volatility. There are signs AMC is on the right path, with people returning to movie theaters and ...
€780 billion outflows Europe’s largest stock exchange in 2022 as financial markets bleed
The stock market continues to operate in an environment of high uncertainty, with most economies struggling to remain afloat amid soaring inflation and a subsequent slowdown in consumer spending. Cons...
Banking Regulators Says Citigroup Faulted On Managing Financial Data
According to a review, Citigroup Group Inc (NYSE: C) needs to address the shortcomings in managing financial data that could sometimes hurt its ability to produce accurate financial reports. “Issues r...
Xiaomi Reports Q3 2022 Financial Results, Slips 9.7% on Revenue YoY
The Xiaomi Q3 2022 report reveals that the company netted a slightly less-than-expected 70.17 billion in revenue amid China’s harsh Covid measures. Xiaomi Corp posted its Q3 2022 earnings report on We...
Gold Still Shines – Action Alerts PLUS
Gold is correcting a bit from an overbought condition, but the light volume in SPDR Gold Shares (GLD) tells us this is just a pause. The chart shows a strong pattern of higher highs, higher lows but i...
Fed Signals Rate Hikes Will Slow ‘Soon’ As Financial Instability Risks Rise
Topline The Federal Reserve indicated Wednesday it may soon ease up on its aggressive policy as higher interest rates start slowing the economy—signaling the worst of the central bank’s rate hik...
US Senators Urge Financial Giant Fidelity To Think Twice About Offering Bitcoin (BTC) 401(k) Plans
US senators are for the second time calling on financial giant Fidelity to reconsider offering Bitcoin (BTC) as an investment in 401(k) retirement accounts. In a letter to Fidelity CEO Abigail Johnson...
Stablecoin Oversight Could Control Volatility Spillover in Traditional Financial Markets: Report
According to new research conducted by the Hong Kong Monetary Authority (HKMA), the cryptocurrency industry is deeply intertwined with the traditional financial system, particularly stablecoins, pegge...
BitNile Holdings Reports Third Quarter 2022 Financial Results, Including Revenue of $100 Million for the Nine Months Ended September 30, 2022, up 124% from the Prior Year’s Nine-Month Period
LAS VEGAS–(BUSINESS WIRE)–$ALZN #100_million_gross_revenue—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), reported its financial results for ...
After the FTX crash, some urge for a return to bitcoin’s decentralized beginnings to safeguard financial assets
Join Our Telegram channel to stay up to date on breaking news coverage During these difficult times, as rumors fly about how much cryptocurrency will be worth following the catastrophic collapse of th...
BoE says future crypto crashes can impact financial system
The deputy governor of the Bank of England has said that following FTX, crypto must have regulations to protect consumers and the wider financial system. Jon Cunliffe, Deputy Governor of the Bank of E...
Web3 To Change Financial Info Handling
While addressing the 21st World Congress of Accountants on Friday, Union Finance Minister Nirmala Sitharaman said that Web3 will change the way financial information is handled. While addressing the a...
Bank of England unconviced DeFi can solve financial risk
Decentralized finance protocols do not yet provide an effective way to manage risk, the Bank of England deputy governor warned on Monday. The claim by DeFi advocates that a code can manage risk...
You Found a Great Stock, Now Plan Your Trade
Finding an outstanding stock to buy makes trading and investing much easier, but it is just the first step. Ultimately, your level of success will be determined by how effective you are at trading it....
Bearish Bets: 3 Stocks You Definitely Should Consider Shorting This Week
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...
Normally I Would Shun This Stock, But Now It’s a ‘Smart’ Option
This is the type of stock I have been avoiding like the plague throughout this year: A name that is delivering stellar revenue growth, but has not achieved profitability yet. It’s SmartSheet (SM...
Bitcoin Financial Services Firm Unchained Capital Cutting Staff, Reshuffling Management
Unchained Capital reduced its workforce by about 15% and moved its head of business development Parker Lewis to the board of directors as well as chief product officer Will Cole to a senior advisory r...
Financial Guru Dave Ramsey Weighs in on FTX Collapse — Reiterates His Crypto Warning – Featured Bitcoin News
Personal finance guru Dave Ramsey has weighed in on the collapse of cryptocurrency exchange FTX. “I told you so,” he repeatedly said, reiterating his long-standing advice that investors should not put...
Find Renewable Income With These Alternative Energy Dividend Stocks
As much of the world is going through a secular shift from fossil fuels to renewable energy sources to help slow climate change, many renewable energy stocks have promising growth prospects ahead. Let...
Burger King Parent Restaurant Brands Makes a Whopper of a Breakout
Restaurant Brands International (QSR) owns four prominent quick service restaurant brands: Burger King, Popeyes Louisiana Kitchen, Tim Hortons and Firehouse Subs. The QSR stock price has soared highe...