Former cryptocurrency billionaire Sam Bankman-Fried sought to court the favor of Democrats during the 2022 midterm election cycle by making massive donations. His political action committee gave over ...
Tag: Investing
Bankrupt FTX Considers Selling Its Assets
John Ray, the chief restructuring officer and new CEO of fallen cryptocurrency exchange FTX, is wasting no time. Eight days after being named head of the restructuring of Sam Bankman-Fried’s emp...
FTX Collapse: Elon Musk Takes on a Silicon Valley Powerhouse
The implosion, within a few days, of the FTX cryptocurrency exchange is a financial fiasco which has not yet revealed all its implications, collateral damage and accountabilities. FTX is a company whi...
Collapse of Carvana, the ‘Amazon of Used Cars’, Continues
The sky is not clearing up for Carvana. On the contrary, big clouds continue to gather over the company which was one of the big winners of the covid-19 pandemic, with a massive growth. Since announ...
Roubini Blasts Pretty Much Everything Cryptocurrency
You can’t accuse economist Nouriel Roubini of pulling his punches on the subject of cryptocurrencies. The man given the moniker “Dr. Doom” for correctly predicting the financial crisis of 2008 has com...
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...
Why Bitcoin Has Weathered FTX’s Collapse and Why It Isn’t Time to Buy
The bomb that went off this month in the crypto industry has only given Bitcoin a flesh wound. There are good reasons why the largest crypto token has held up despite the disorder that surrounds it, b...
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...
Schwab’s Liz Ann Sonders Sees Trouble Still Ahead. Where to Invest Now.
Though the U.S. stock market looks healthier than it did during its rough patch over the summer, Charles Schwab Chief Investment Strategist Liz Ann Sonders sees potential trouble still ahead, especial...
Palo Alto Networks Stock Faces Tough Hurdle After Earnings Beat
Shares of Palo Alto Networks (PANW) – Get Free Report are trading higher by about 8% after the company reported earnings. Palo Alto Networks delivered an earnings and revenue beat, while its fu...
Fed must keep raising rates until it is certain inflation has stopped climbing, Kashkari says
The Federal Reserve needs to keep raising interest rates until it is sure inflation has hit a ceiling, said Minneapolis Fed President Neel Kashkari on Thursday. The central bank can’t be overly persua...
It’s Been a Rough Year for Stocks and Bonds. What to Do in 2023.
With more than a month to go, 2022 is all but certain to go down as an annus horribilis for both stocks and bonds. The crucial question for investors: What does that portend for the year ahead? The re...
Did Bullard undershoot? Stifel economists say fed funds rate may need to go to 8% or even 9%.
A day after a Federal Reserve official’s market-moving admission that interest rates may need to go to as high as 7%, analysts came up with an even more surprising conclusion: that 7% still won’t be h...
3 High-Dividend Bank Stocks With Yields Above 4%
Many investors have been caught off-guard in the ongoing bear market and thus wondering how they should position their portfolios. The surge of inflation to a 40-year high exerts great pressure on the...
Ontario Teachers’ Pension Plan is latest FTX investor to mark venture investment to zero
It’s relatively rare for an institutional investor to make a public statement about a loss on a venture-capital investment, but nothing about FTX International’s $32 billion blow-up and bankruptcy is ...
Intel’s Newest Director Buys Big Block of Stock
On the heels of Intel CEO buying the company’s stock, the chip giant’s newest director also scooped up shares. Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov...
Mercedes Draws a Secret Weapon Against Tesla
Mercedes-Benz knows it has to act fast, if the legacy carmaker doesn’t want to be knocked out of the crucial electric vehicle market. The German brand is battling Tesla (TSLA) – Get Free ...
FTX Founder and Co Are “Potentially Compromised”
FTX’s overnight implosion caused an earthquake that the business community is trying to figure out by putting the different pieces of the puzzle together. John Ray, a veteran of restructurings,...
Fallen FTX Founder Bankman-Fried Gives Regulators the Middle Finger
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, can not hide his disgust at financial regulators. The 30-year old former billionaire borrowed a whopping $1 billion from one of his b...
Bankman-Fried Received $1Bn in Personal Loan from His Company
Sam Bankman-Fried, the founder of the FTX exchange and Alameda Research, a cryptocurrency trading platform, seemed to confuse his bank and his companies. According to John Ray, the new CEO in charge o...
FTX Employees Used Company Funds to Buy Homes in the Bahamas
The news will cause unprecedented anger among customers of FTX, which filed for bankruptcy on November 11. The cryptocurrency exchange, which was still valued at $32 billion in February, imploded ove...
Scaramucci says he did buy FTX token after getting investment from Sam Bankman-Fried
Anthony Scaramucci’s investment fund SkyBridge Capital bought $10 million worth of FTT tokens after receiving an investment from FTX founder Sam Bankman-Fried. The Financial Times reported on Thursday...
ChargePoint Stock Needs Its Own Boost
EV charging firm ChargePoint Holdings (CHPT) is losing some “amps” on the charts. Let’s check. In this daily bar chart of the Action Alerts PLUS holding below, we can see that C...
Sports Fans Are Finding A New Way To Profit From The Game They Love As Sports Card Investing Explodes
An image of a man holding a number of sports card collectibles. SCI For many Americans, buying a pack of sports cards was a standard part of their childhood. For many older Millenials, the 1989 Upper ...
This is the chart that rattled U.S. financial markets on Thursday
One chart is all it took to move financial markets on Thursday. That chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he se...
Opinion: Three seasonal effects in the stock market begin around Thanksgiving
The stock market started what appeared to be another leg up in the past week, as the benchmark S&P 500 broke out over resistance at 3900 points. In fact, the index rose to 4020 but then ran into t...
FTX victims are setting up GoFundMe fundraisers to try to get their money back
People who say they have lost money in the collapse of crypto exchange FTX are turning to strangers to cover their losses by setting up GoFundMe fundraising pages. They include a man who says that he ...
How To Find Sustainable Small-Cap Growth Stocks
. In this article I cover the Wanger stock-picking strategy and give you a list of stocks currently passing our screen based on the approach. Ralph Wanger’s investing style of holding small companies ...
Opinion: Bonds aren’t more attractive than stocks even as yields register a 15-year high
How much competition do stocks face from bonds? For the first time in years, investors are beginning to ask this question, given the dramatic rise in bond yields to a 15-year high. For nearly a decade...