Updated at 5:14 pm EST Amazon (AMZN) – Get Amazon.com, Inc. Report shares surged in after-hours trading Wednesday after the world’s biggest online retailer approved a 20-for-1 stock split...
Tag: Investing
Fractional Investing Company Public Acquires NFT Startup Otis – Finance Bitcoin News
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public’s co-CEO believes the acquisition will give P...
Public acquires fractional investing firm Otis for NFTs and other collectibles
advertisement New York-based investing firm Public announced Wednesday that it announced Otis, a fractional investing company that focuses on non-fungible tokens (NFTs), art and other collectible item...
Investing app Acorns taps ‘choppy’ private markets at $1.9 billion valuation after scrapping SPAC
Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings ...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
Lucid, Rivian and Fisker Miss a Huge Opportunity to Knock Tesla Out
In sport, the challengers know that they must solidify the rare opportunities that will present themselves to bring down the big favorites. They must be realistic and seize any opportunity to destabi...
Investing Giant Bain Capital Launches $560 Mln Crypto Fund- Report
The startup-focused arm of major private equity investor Bain Capital launched a $560 million fund to invest exclusively in crypto companies. The fund closed in November, and has already invested $100...
Treasury Department Seeks to Educate the Public on Risks of Crypto Investing
Key Takeaways The U.S. Treasury wants to increase awareness and educate American households about the risks of investing in cryptocurrency. The initiative is being led by the Treasury’s Financial Lite...
Crypto Investing Retirement Portfolios Garnering Mainstream Attention
Cryptocurrencies could be a good option to add to your retirement investing plan, suggested financial journalist and radio show host Ilyce Glink and Tom Fortino, founder and principal of Alpha Wealth ...
Royal Caribbean Making a Big Onboard Change
Taking a cruise means a lot of excess. Most people aboard a Royal Caribbean (RCL) – Get Royal Caribbean Group Report (or a Carnival (CCL) – Get Carnival Corporation Report or Norwegian Cru...
The Dow Jones Industrial Average heads for its first correction in 2 years. Here’s the level to watch.
An ugly stretch for U.S. equities was intensifying as the crisis in Ukraine worsened and investors weighed the prospect of further sanctions to cripple the Russian economy as the Kremlin wages war in ...
Ark’s Cathie Wood Says Passive Investing Sparked The ‘Most Massive Misallocation Of Capital In The History Of Mankind’
Topline Speaking at the Forbes 30/50 Summit in Abu Dhabi on Monday, famed stock picker, Cathie Wood, of Ark Invest sharply criticized passive investing and touted disruptive innovation stocks, even as...
‘I think we’re going to see some spectacular returns,’ says ARK’s Cathie Wood
“Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns.” That was the chief executive officer of ARK Invest, Cathie Wood, who gave an optimis...
Asian markets tumble as oil prices shoot higher amid calls for more sanctions against Russia
TOKYO — The price of oil jumped more than $10 a barrel and Asian markets were sharply lower Monday as the conflict in Ukraine deepened amid mounting calls for harsher sanctions against Russia. Brent c...
Singapore VC Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall
“We don’t take this decision lightly. Mastercard has operated in Russia for more than 25 years. We have nearly 200 colleagues there who make this company so critical to many stakeholders. As we ...
U.S. stock futures sink Sunday as U.S. and its allies consider ban on Russian oil imports
U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.95% slid more than 300 p...
Etoro Apologizes After Liquidating Its Clients’ Russian Stocks
Etoro is in trouble. The Israeli online trading platform has been going through a crisis of confidence with its customers for the past few days after it made a decision that had a significant impact ...
Tesla Rivals Lucid, Rivian, Fisker Struggling to Compete
The love at first sight between investors and young manufacturers of electric vehicles seems to have died. As often in every relationship, the beginnings are marked by great promises. Everything seem...
Morgan Stanley Hires 2 Advisors From J.P. Morgan
Morgan Stanley hired two advisors from J.P. Morgan Securities, the brokerage arm of JPMorgan Chase. Advisors Mark Horowitz and Joel Bodner previously managed approximately $750 million in client asset...
The Complex Formulas Of Responsible Investing
Distinguishing good from evil on Wall Street is a challenge. Be grateful there are analysts doing most of the homework for you. An ethical portfolio excludes the shares of irresponsible companies. Whi...
Ethical Investing With A Tax Break
You can get a diversified portfolio that suits your values—and get a tax break out of it. Adequate solution for the investor seeking a socially conscious portfolio: buy a fund. Better solution for a l...
Airline Stocks Descend Amid Russia-Ukraine War
The main exchange-traded fund for airlines, U.S. Global Jets ETF (JETS) – Get U.S. Global Jets ETF Report, has dropped to a 16-month low, as the Russia-Ukraine war has put a damper on the indus...
Broadcom Stock Alert: Here’s How High the Rally Can Go
The world keeps on moving even when it’s in turmoil. Broadcom (AVGO) – Get Broadcom Inc. Report can attest to that, as the company reported earnings on Thursday after the close. With the broade...
A death cross for the S&P 500 is nearing as inflation fears, Russia’s Ukraine offensive rattles stock-market investors
The S&P 500 index is closing in on a death cross, an ominous chart pattern that underscores the downtrend suffered in an asset. A death cross appears when the 50-day moving average crosses below t...