Alex Mashinsky, the founder and CEO of crypto lending platform Celsius Network, took charge of his company’s trading strategies, overriding the inputs of “executives with decades of finance experience...
Tag: Investing
Saudi Shibu Inu – Worth Investing or Another Scam?
At this point, it is safe to say that memes play an integral part in the cryptocurrency ecosystem. Last year, the world’s richest person, Elon Musk insinuated the potential of Dogecoin, which had beco...
Brave Buys Back 5.8M BAT ($2.5M) as Revenue Increases
Privacy-geared browser Brave has repurchased 300,000 Basic Attention Token (BAT) worth $132,000 from the secondary market, bringing its cumulative buyback to 5.8 million BAT (over $2.5 million) from J...
Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and raising hundre...
20-Year Old Arrested for Misleading Friends in $240k Crypto Investment
A 20-year-old male in Singapore has been arrested and charged for allegedly misusing the $240,000 he collected from his schoolmates instead of investing it to invest in crypto. Young Lads Tricks Schoo...
3 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments: We want growth without inf...
RoboApe Is a Community Oriented Meme Coin That Caters for the Meme Industry Alongside Decentraland
More and more crypto platforms have been created since the introduction of cryptocurrency. However, various subsets have also emerged, with meme coins being one of them. In addition, blockchain techn...
Home Depot Blasts Q2 Profit Forecasts Amid Home Improvement Surge
Updated at 6:25 am EST Home Depot (HD) posted better-than-expected second quarter earnings Tuesday, while reiterating its full-year profit forecast, as the retailer saw an unexpected surge in home i...
Survey Shows Only 10% of Traders Take Full Advantage of Multiple DAOs
If you’re invested in cryptocurrency, you are probably familiar with the concepts and goals behind decentralized finance. Decentralized autonomous organizations (DAOs) are a great tool within the DeFi...
The World’s Largest Hedge Fund Sold 5 Chinese Stocks. Here’s Why.
Text size Bridgewater Associates no longer owned stock in Alibaba Group Holding as of June 30, according to a regulatory filing. Alibaba’s headquarters in Hangzhou, China, is pictured above. STR...
Mr. Big Short Michael Burry Makes a Shocking Decision
It’s a puzzling decision that will shock more than one investor. But Michael Burry is accustomed to blows of brilliance. The emblematic financier, known for having bet on the collapse of subpri...
WeWork’s Adam Neumann secures millions in funding for his new company Flow
Adam Neumann is back. The billionaire businessman who founded office-sharing company WeWork Inc. WE, -4.70% is back with another company called Flow, a residential real estate company attempting to ad...
Automakers investing in the South as EVs change the auto industry
Jack Weaver, an 82-year-old retired dairy farmer whose house sits on a Civil War battlefield, lives near General Motors’ Spring Hill plant in Tennessee. Michael Wayland / CNBC SPRING HILL, Tenn....
Medifast Still A Growth Stock But Now Value Priced
Medifast long-term outlook remains solid. getty Medifast is a growth company that is sporting some attractive value-stock metrics after its shares have fallen to a level that is “simply ridiculous” wh...
Why BlackRock says the stock market’s big summer rally isn’t worth chasing
With U.S. stocks briefly sputtering to start the new week, strategists at the research arm of the world’s largest money manager are weighing in with words of caution. In a note released on Monday by t...
So, Just How Bad Is China Right Now, Really?
Since Covid struck in 2020, it seems China has been on a different cycle compared to the rest of the world. It experienced the slowdown before the rest of the world and then started growing out of it ...
These Funds Hold Just 1 Bond. Why They’re Revolutionary.
Text size Since bonds don’t trade on exchanges, investors need to trade through one of the broker-dealers over the counter. Al Drago/Bloomberg Investors may still be scratching their heads about...
Invitae Goes Full Meme Stock. What’s Next?
A little momentum and a big short squeeze can go a long way. Genetic testing platform Invitae (NVTA) ripped 277% higher on August 10. It was truly epic. Roughly 217 million shares traded hands. For ...
Rakesh Jhunjhunwala, billionaire investor dubbed India’s Warren Buffett, dies at 62
NEW DELHI — Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died Sunday in Mumbai city, Press Trust of India news agency reported. He wa...
Central Bank Governor Reminded Crypto Trading or Investing Not Legal in Iran
Ali Salehabadi, the governor of the Central Bank of Iran (CBI) in a statement given to a local media has said that the crypto trade or investment is banned. However, the authorized entities and indivi...
Bally’s Close to Making a Huge Las Vegas Strip Deal
In early August, Bally’s Corp. (BALY) stock tumbled after the casino operator cut its 2022 revenue and EBITDA estimates due to weakness at its venue in Atlantic City. The company is now expec...
These money and investing tips can protect you if the bears take a swipe at this stock market rally
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS These small-cap stocks will le...
Crypto Evangelist Mark Cuban Is in Trouble
Mark Cuban should have expected it. Since crypto lender Voyager Digital filed for Chapter 11 bankruptcy, criticism of the billionaire and owner of the NBA Dallas Mavericks team has been raining down ...
Public Pension Systems Join Those Stung by Crypto Crash
Listen to article (2 minutes) Among the investors who bet on cryptocurrency over the past year are pension funds that manage public workers’ retirement savings. Now those funds are navigating the cras...
George Soros Deals a Big Blow to Tesla Rival Rivian
It’s been a somewhat hectic August for Rivian (RIVN) . The startup, which is presented as one of Tesla’s (TSLA) most serious rivals in the race for electric vehicles, is currently accu...
Over 1.7 Million Fords And Lincolns Are At Risk Of Being Recalled
Automotive giant Ford (F) back in 2020 recalled over 488,000 Ford Edge and Lincoln MKX cars over problems with its brake hoses, as over 50 drivers complained that their brake hose ruptured with no w...
Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.
Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.26% ...