In 1977, the song “Take This Job and Shove It” hit number one on the country music charts and stayed there for two weeks. Today’s workers may not know the song, but many of them are ...
Tag: Investing
Bill Gates Says He Doesn’t Own Crypto Because It Doesn’t Add Value to Society
The legendary founder of Microsoft and the world’s fourth-richest person, Bill Gates, has recently bashed bitcoin and other cryptocurrencies, saying that they have no value and do not contribute anyth...
Why I’m Not Worried About the Stock Market Crash
We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s import...
‘Robinhood’ investors are ‘going to get their heads handed to them,’ as stocks on verge of bear market, says ‘Godfather’ of chart analysis
A bear market for the S&P 500? The stage certainly appears to be set for one, as equity benchmarks bounced around on Friday, posting weekly declines after a whipsawing session. Prominent market te...
Watch out if you’re male, over 45, and think you know about investing
The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. ...
Australian Bank Halts Plans to Launch Crypto Trading Services Amid Terra Drama
Following the recent Terra LUNA drama, Commonwealth Bank of Australia (CBA) has suspended plans to launch an in-app cryptocurrency trading service, according to reports from The Guardian. Recall that...
A bear-market rally could be lurking, but investors should ‘sell any rips,’ says Bank of America
Despite the extensive losses seen for stock markets so far this year, it’s not over until it’s over — and investors should keep selling into any big rebounds higher. That’s the advice from a team of s...
How to Get a Bitcoin Address (In Less Than 1 Minute)
The very first step to get a Bitcoin address is to create a Bitcoin wallet. A Bitcoin wallet is a software that holds the Bitcoin address. It is also used to send and receive bitcoins (BTC). In many c...
How to Buy Bitcoin with Gift Card on Prestmit
Bitcoin is undoubtedly the number one cryptocurrency many want to hold. Despite its price volatility, it has been a choice for crypto traders/investors. Bitcoin is available on almost every crypto exc...
Selloff puts Dow, S&P 500 on cusp of bear market. History says more pain may lie ahead.
History shows that when the S&P 500 enters a bear market, it tends to stay awhile. Back-to-back drops left the large-cap benchmark SPX, -0.58% down 18.7% from its Jan. 3 record finish on Thursday,...
Why one hedge-fund manager invests in Bank of America and says Tether’s days are numbered
Guy Spier, the fund manager of the Aquamarine Fund, has no shortage of praise to pour upon Jamie Dimon, the chairman and chief executive of JPMorgan Chase. “The combination of Jamie Dimon and JPMorgan...
Anchor Protocol-Linked Stablegains Allegedly Loses $42M to UST Collapse
Stablegains, a U.S.-based startup aimed at generating yield for investors via decentralized finance (DeFi) lending, has reportedly lost $42 million worth of funds belonging to investors as a result of...
Is This the Time to Buy Costco?
Costco Wholesale (COST) saw its share price plunge sharply in the past six weeks. Have prices reached a level or area where some farsighted investors see an opportunity? Let’s check. In this ...
Nvidia Stock Is Less Than Half Its Recent High. Is It Now a Buy?
In the fourth quarter, Nvidia (NVDA) – Get NVIDIA Corporation Report stock was hitting all-time highs. The graphics-chip specialist was joined by Advanced Micro Devices (AMD) – Get Advan...
Here’s Why Harley-Davidson Is Pausing All Production
Harley-Davidson (HOG) – Get Harley-Davidson, Inc. Report bikes are known for being loud and intense, but supply chain issues are forcing the company to go quiet for the next two weeks. The Mil...
Blockchain Gaming Startup N3TWORK Secures $46 Million from Griffin and Others
Blockchain gaming studio N3TWORK Studios has raised $46 million in a Series A funding round led by Griffin Gaming Partners. N3TWORK Bags $46 Million From Investors The investment round also saw partic...
Worried about your investments? Here’s how the smart money made 100% when market gloom was this bad.
The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehe...
Markets haven’t acted like this since 1981 — and here’s how that played out
You have to go all the way back to 1981 when stocks, bonds, inflation-protected bonds and industrial metals were all slumping simultaneously. The S&P 500 index SPX, -0.73% has retreated 18% this y...
Bitcoin Still the “Only Candidate” for Native Internet Currency
Jack Dorsey, CEO and co-founder of Block (formerly known as Square), has reiterated Bitcoin’s potential as a native internet currency, CNBC reported Wednesday. Native Currency of the Internet Speakin...
A larger share of younger investors say they’re not afraid to buy the dip in the pursuit of long-term gains — but there’s one big caveat
The stock market is taking on a deepening red hue as steep sell-offs continue, but a new report says some younger retail investors are seeing red meat for ‘buys.’ Fewer than two in ten people, 18%, sa...
Americans are still saving for retirement — and becoming 401(k) millionaires
Americans may be afraid to look at their retirement accounts thanks to stock market volatility, but many investors are still staying the course, according to Fidelity Investments’ most recent data rel...
New survey sheds light on people’s concerns about investing in crypto
While some people believe in the long-term potential of cryptocurrency, others are hesitant to put money in because of different concerns. A recent study conducted by Coupon Follow found out that the ...
Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’
Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially W...
Science DAO Provides Pre-IPO Investing Access
The Science DAO, a decentralized fundraising platform that offers pre-IPO investment options in breakthrough technologies and projects, debuted on May 5, 2022. The objective of the Science DAO is to u...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
A ‘summer of pain’ for stocks? Nasdaq Composite could plunge 75% from peak, and S&P 500 skid 45% from top, warns Guggenheim’s Scott Minerd
The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Glob...
Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings
An earnings recession is not the biggest threat facing the stock market right now. That may seem a curious assertion to make in a week in which the largest retailers are reporting disappointing earnin...