How do you explain Thursday’s rotating bull market? Just ask the hedge funds, Jim Cramer told his Mad Money viewers Thursday. You don’t have to overthink it, Cramer continued, the hedge fu...
Tag: Investing
Web3 GameFi PlotX Brings Sustainable P2E Opportunities for Users
PlotX is a sustainable X-2-earn GameFi ecosystem that seeks to strategically redefine P2E gaming and rewards for users. The project is on a mission to offer P2E inclusion to a wide range of gaming ent...
US DOJ Arrests Two Men on Charges of $1.1 Million NFT Fraud
The United States Department of Justice (DOJ) on Thursday announced it has arrested and charged two men, Ethan Nguyen and Andre Llacuna, for alleged involvement in $1.1 million wire fraud and money la...
Microsoft Affected by a Cyberattack After Nvidia and Samsung
Microsoft (MSFT) – Get Microsoft Corporation Report confirmed that it has become the latest victim of the data extortion group Lapsus$, which claimed it had obtained source code for the Bing se...
Cramer Called This $10 Billion Retailer a ‘Nothing Company’
GameStop (GME) – Get GameStop Corp. Class A Report has an enemy in Jim Cramer, who has been arguing with the r/WallStreetBets community over their seemingly endless alliance to the company. The...
Cramer’s Mad Money Recap 3/23: Nvidia, Lucid, Holley
The history is very clear: At times like these, you need to stay the course, Jim Cramer told his Mad Money viewers Wednesday. As of Tuesday, the stock market had given back 50% of its gains since Nove...
Edward ‘Ned’ Johnson, Former Fidelity CEO and Fund Pioneer, Dies
Text size Edward “‘Ned” Johnson III built Fidelity Investments into a giant financial services firm. Neal Hamberg/Bloomberg News Edward “Ned” Johnson III, who built Fidelity Investme...
Robinhood Takes a Shot at Fidelity, E-Trade With New Tool
Robinhood, the trading app used by many retail traders during the meme-stocks frenzy that began in 2020, is once again taking on its more traditional competitors by testing a stock-lending function in...
A Blue Chip Name is About to Offer a 6% Yield
To be perfectly honest, few traders are revved up about AT&T (T) – Get AT&T Inc. Report stock, and for good reason. The company’s stock has been a perennial dog, amid ill-advised ...
Investing legend Bill Miller says there are many good values in the market even after relief rally
It’s a good time to get the perspective of the recent market rally from legendary investor Bill Miller, who beat the S&P 500 SPX, +1.43% for 15 years in a row and has seen a cycle or two. “No one ...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
Ark’s Cathie Wood Doesn’t Think Zoom is a ‘Pandemic’ Stock
Ark Investing CEO Cathie Wood seemingly went from never being wrong to never being right during the span of the pandemic. Her company invested in a lot of stocks that flew high during the early days o...
Elon Musk Drops Hollywood, Beauty Pageant and UFC
Elon Musk is an eccentric CEO and does not hide it. He is also a very busy entrepreneur. The billionaire, who built his fortune with the financial services company PayPal (PYPL) – Get PayPal H...
The stock market hit its COVID low 2 years ago today. Here’s how its performance since then stacks up.
It’s the second anniversary Wednesday of the lows set in the U.S. stock-market plunge triggered by the onset of the COVID-19 pandemic in early 2020. Stocks have stumbled thus far in 2022, but the S&am...
Binance-backed MMO Strategy Game Mavia Partners With Machinations For a Sustainable Game Economy
Heroes of Mavia, a blockchain-based play-to-earn massively multiplayer online (MMO) strategy game developed by Skrice Studios, has officially joined Machinations’ Game Economy Health Monitoring Servic...
Global Crypto Market Cap Hits $2T For The First Time In 30 Days
A few minutes to the time of writing, the global cryptocurrency market cap hit a valuation of $2 trillion. This is the first time since February 16 that the industry has hit its current worth. The mos...
Ethereum Market Cap Overtakes Bank of America Amid Fresh Rally
Ethereum, the second-largest cryptocurrency, recently gained a market capitalization higher than that of Bank of America. Ethereum Becomes the 23rd Largest Asset in the World Even with the recent swin...
BOE Moves to Regulate Crypto Assets to Maintain Financial Stability
The Bank of England (BOE) has released its first regulatory framework for crypto assets in a recent report titled, “Financial Stability in Focus: Cryptoassets and decentralized finance.” With the war ...
Over $450M Worth of Ethereum Withdrawn in 24hrs as ETH Flipped $3k
Ethereum, the second-largest cryptocurrency by market cap, has continued to witness massive outflows from exchanges after flipping its $3,000 price resistance. The coin has been making several attempt...
Why Bitcoin? Ukrainian Refugee Flees to Poland With 40% of Life Savings in BTC
Important features of Bitcoin have come to the rescue of a 20 year old Ukrainian refugee. The fact that the currency does not require intermediaries like banks, is valid across borders and is a lot ...
Liberty Gaming Scholarships Are Redefining P2E for Gamers
The concept of gaming has transformed tremendously as a leading innovation by intercepting blockchain technology. Gamers across the globe are exploring different terrains of gaming to maximize their f...
Is Procter & Gamble a Buy After Its Upgrade?
Shares of Procter & Gamble ( PG) were upgraded to “buy” by a sell-side firm but I have a different take on the price movement. In our January 19 review I recommended that “With t...
Qorvo Is Still Searching for a Bottom
We looked at semiconductor manufacturer Qorvo (QRVO) on June 25 when the stock market was still in a bull phase. We wrote: “I will assume that traders may still be long some shares of QRVO as ou...
AT&T Is Too Cheap to Ignore While Others ‘Wait and See’
I imagine the last idea investors want to hear about is AT&T (T) . The company’s stock has been a perennial dog, amid ill-advised acquisitions, broken promises from management and tough comp...
Cathie Wood Watch: Ark Buys E-Commerce, Sells Payments
Investment manager Cathie Wood, chief executive of Ark Investment Management, was active buying and selling big-name technology stocks on Monday. She also continued her foray into the biotechnology s...
Stock market investors are in the danger zone. This all-weather investing strategy offers protection
We’re in a period of high inflation, with a war disrupting energy markets and the Federal Reserve raising interest rates. The murky outlook calls for a multiyear cycle of central-bank policy moves tha...
What Is an IRS Tax Transcript and How Do I Request One?
Do you need information from a tax return you filed three years ago because you’re making a major purchase and the lender wants to see your tax history? Maybe you need to provide your adjusted g...
Bitcoin Proponent Bruce Fenton Eyes New Hampshire Senate Nomination
American politician and Bitcoiner Fenton Bruce is poised to fund his political ambition with BTC to the tune of $50 million. Bruce Fenton Eyes New Hampshire Senate Nomination According to a recent rep...
Opinion: How ‘washed up…old man’ Warren Buffett is getting the last laugh
Poor old Warren Buffett. Poor, old, “washed up” Warren Buffett! It’s almost two years since the Berkshire Hathaway chairman, then 89, was publicly mocked by 40-something self-proclaimed stock market “...