Education Images/Universal Images Group via Getty Images Key takeaways 3M posted lower-than-expected revenue for the fourth quarter of 2022 The company is cutting approximately 2,500 jobs 3M stock pri...
Tag: Invest
Verizon Stock Has A Bumpy Ride After Just Meeting Expected Earnings
Verizon Getty Images Key takeaways Verizon met analysts’ expectations for adjusted earnings per share and revenue Verizon was able to add a large number of new wireless subscribers in the fourth quart...
Microsoft Confirms Its $10 Billion Investment Into ChatGPT, Changing How Microsoft Competes With Google, Apple And Other Tech Giants
AFP /AFP via Getty Images Key takeaways Microsoft finally confirmed that they were extending the partnership with OpenAI, the maker of the revolutionary ChatGPT tool. Microsoft Azure will also continu...
SEC Rejects Bitcoin Spot ETF Proposal of Ark Invest and 21Shares
8 hours ago | 2 mins read Bitcoin News The SEC has approved the introduction of several Bitcoin futures ETFs in the past. Institutions would be able to bypass internal charter restrictions as per SEC....
Las Vegas Sands To Invest $6.8 Billion In Singapore, Macau Amid Asian Casino Boom
TOPSHOT – A general view of Marina Bay Sands hotels and resorts is seen lit-up in Singapore on … [+] November 19, 2020. (Photo by Roslan RAHMAN / AFP) (Photo by ROSLAN RAHMAN/AFP via Getty...
SBF allegedly used FTX money to invest $400M in obscure VC firm
Authorities in the United States might have discovered yet another possible component of Sam Bankman-Fried’s cryptocurrency empire. U.S. federal prosecutors have alleged that Bankman-Fried has used mo...
Looking To Invest In Cannabis? Here Are Our Top Marijuana Stock Picks For 2023
Getty Images Key takeaways 37 states have legalized cannabis for medical use, and 21 states have cannabis legal for recreational use There are many options for investing in cannabis stocks, from growe...
U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC
The United States government may have uncovered another another component of Sam Bankman-cryptocurrency Fried’s enterprise thanks to their investigation. According to The New York Times, federal...
Which Tech Companies Will Break Out In 2023?
Getty Images Key takeaways With the rise of ChatGPT, all eyes are on the artificial intelligence space as investors and analysts look for the best investment opportunities right now Even though major ...
Homebuilder Sentiment Is Looking Up At Last — Here’s Why The Real Estate Market Is Getting More Optimistic
Getty Images Key takeaways Homebuilder sentiment is on the rise for the first time in over a year as mortgage interest rates noticeably dropped in early 2023. Mortgage interest rates are somewhat tied...
10 of the Best Cryptos to Invest in for 2023
The current bear market can be a bleak time for traders, as limited volatility means a reduced potential for short-term returns. However, for long-term crypto investors, this is the best time to buy. ...
Unemployment Is Low, But So Is The Labor Force Participation Rate — What’s Going On In The U.S. Labor Market?
Getty Images Key takeaways Unemployment has consistently fallen since December 2021 One factor behind declining unemployment could be a slow recovery in the labor force participation rate since the on...
Highlights From Congress’ Latest Spending Bill — Points That Impact The Economy And Your Portfolio
Getty Images Key takeaways The December spending bill authorized the government to spend more than $1.7 trillion Line items were as varied as Ukraine aid and election oversight reform The bill also av...
Small Business Optimism Is At A Six-Month Low — How This Impacts Main Street And Wall Street
Getty Images Key takeaways According to the NFIB’s Small Business Optimism Index, the outlook of small business owners is down to its lowest in six months, when inflation was at a pandemic-era high. T...
Fed Chair Powell’s Speech Warns Of Unpopular Decisions To Calm Price Stability
Getty Images Key takeaways Federal Reserve Chair Jerome Powell made comments at a symposium in Sweden on January 10 that, if taken out of context, could be seen as precursors of unpopular Fed policy i...
SpaceX Deploys GPS 3 Satellites For Space Force In Its Latest Launch
AFP via Getty Images Key takeaways SpaceX launched a next-gen GPS satellite into orbit for use by the U.S. military The company has plans for additional launches in 2023 Within the space exploration s...
Microsoft And Amazon To Layoff A Total Of 28,000 Employees
Getty Images Key takeaways Combined, Amazon and Microsoft are laying off a total of 28,000 employees The wave of tech layoffs is continuing into 2023 An uncertain economic climate is one reason behind...
Cathie Wood of ARK Invest: crypto in 2023
ARK Invest founder and CEO Cathie Wood argues that 2023 could be a watershed year for crypto. She recently posted a video on ARK Invest’s official website in which she explains her vision for financi...
Keir Starmer Calls For An “inverse OPEC” To Accelerate Renewable Energy Adoption Worldwide
Getty Images Key takeaways UK opposition Labour Party leader Keir Starmer put out calls to develop an “inverse OPEC” to accelerate renewable energy adoption worldwide Starmer proposed a “Clean Power A...
Fireball Whisky Maker Sazerac Is Facing A Lawsuit
Getty Images for Nightclub & Bar Media Group Key takeaways Fireball Whisky maker Sazerac is facing a lawsuit that claims it intentionally misled customers about the contents of Fireball Cinnamon F...
10-Year Treasury Yield Drops In Response To Falling Prices
AFP via Getty Images Key takeaways The latest PPI numbers confirmed that inflation is on a downward trend and that, barring any significant world events that may influence American markets, we might e...
ARK Invest Predicts Market Rebound, Says Crypto Assets To Become Valued for Scarcity in Age of Abundance
The chief executive of investment firm ARK Invest thinks the U.S. Federal Reserve is about to alter its inflation strategy, which she believes will help the market rebound. In a new company video, ARK...
Cryptocurrency News Predictions: Is BTC, SOL, or MCADE the Best Crypto To Invest In Now?
The ongoing crypto bear market has left many investors looking to uncover the best crypto to invest in now, for handsome returns later. Bitcoin, Solana, and Metacade have been key projects under the m...
ARK Invest CEO: Crypto Assets Will See Huge Turn
The chief executive officer of the cryptocurrency and technology investment business ARK Invest predicts that this year will see a significant shift in the value of crypto assets due to a decline in i...
ARK Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot
The chief executive from crypto and tech investment firm ARK Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots. In a company video blog on Jan. ...
Here’s why Ark Invest CEO sees potential crypto rebound
According to the CEO of cryptocurrency and technology investment firm Ark Invest, 2023 will be a defining moment for crypto assets. As financial limitations loosen and the macroeconomic outlook improv...
Extroverts 28% more likely to invest in crypto over stocks
A new study has delved into how an individual’s personality can influence investment decisions in assets such as cryptocurrencies and stocks. Particularly, extroverts who are known for an outgoing an...
Quantum Computing Is Coming, And It’s Reinventing The Tech Industry
getty Key takeaways Quantum computing has seen major breakthroughs over the past few years. This technology can produce computers that calculate at incredibly high speeds compared to typical machines....
Ark Invest Offloads 500,000 Grayscale Bitcoin Trust (GBTC) Shares
11 hours ago | 2 mins read Bitcoin News The price of GBTC naturally rose along with Bitcoin’s. ARKW sold off 500,000 GBTC shares just around the time the stock price started going up. Cathie Wood’s Ar...