Las Vegas casinos have had the market cornered on sportsbooks in the city and state thanks to a 2015 law that banned daily fantasy sports operators in Nevada. In October of that year, the Nevada Gamin...
Tag: Investing
Costco May Have a Huge Workers Problem
Costco (COST) – Get Costco Wholesale Corporation Report has famously been a good place to work. It even paid its employees $15 an hour way before most places. Glassdoor is a website where empl...
Legendary Investor Jim Rogers Issues Stern Warning Against Investing in Crypto Assets – Here’s Why
Investing legend Jim Rogers is issuing a warning to investors saying that crypto assets could one day be fully controlled by the government. In a new interview with Bloomberg Crypto, Rogers says that ...
Buffett’s Berkshire Hathaway reports $44 billion loss as portfolio value falls
Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway’s many op...
Indian State Maharashtra Issues Nearly 100,000 Diplomas on Polygon Blockchain
The Maharashtra State Board of Skill Development (MSBSD) in collaboration with Maharashtra State Innovation Society (MSINS) has issued about 100,000 verifiable diplomas on Polygon blockchain using the...
Total Value Locked (TVL) on Ethereum Layer-2 Optimism Surpasses $700M
Optimism, an Ethereum-based layer-2 scaling solution has just attained a milestone, crossing $700 million in its total value locked (TVL) and seeing a new all-time-high (ATH) in its native token, OP. ...
3 High Yield Energy Stocks With Attractive Growth Tailwinds
Energy stocks are among the stock market’s best performers this year. Year to date, the Energy Select Sector SPDR ETF (XLE) is up 27% not including dividends, far outperforming the broader S&...
Amazon Stock Has Rallied 41%. Buy or Sell?
Amazon (AMZN) – Get Amazon.com Inc. Report is in the news on Friday and not necessarily because of the stock’s blistering rally over the past few weeks. Instead, it’s because the company is sco...
Apple’s enviable cash hoard is dwindling — and that’s surprisingly good news for the stock price
Apple’s cash position is plunging, and that’s positive for both the business and the company’s shareholders. Yet many investors and Wall Street analysts see signs of trouble that Apple’s AAPL, -0.14% ...
How to Build a Dynamic Crypto Portfolio With Day Trading
Having a cryptocurrency day trading strategy can be an important part of your investment plan. A clear plan to identify prospective digital currencies, determine investment amounts, and calculate your...
BitMEX’s Arthur Hayes Predicts Massive ETH Price Jump
Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, is betting big on the price of Ether (ETH). In a Friday Medium blog post, Hayes noted that the cryptocurrency would sell ...
I hired a financial planner, but they’ve already lost $70K. What should I do?
Is a big loss a reason to ditch your financial planner? Getty Images/iStockphoto By ALISA WOLFSON Question: I recently rolled my retirement pension and 401(k) into one account, managed by a financial ...
Will BTC Record a Deeper Low this Month?
The price increase Bitcoin enjoyed may put many in a relaxed state. However, there are many who believe the apex coin is only going through this phase for a short while which may end soon. Why do some...
Philippines Financial Watchdog warns public against investing with Binance
The Philippines Securities and Exchanges Commission (SEC) has issued a warning to the public against dealing with Binance. The caution was contained in a response sent to Infrawatch PH, a public polic...
What is Polygon (MATIC)? A Simple as an ABC Guide
Polygon, formerly known as the Matic network, is a Layer-2 scaling solution designed to address the bottlenecks facing the Ethereum mainnet. Polygon is one of the solutions seeking to provide cheaper ...
Solana Is The “Most Underrated” Token
Earlier this week, the Solana ecosystem suffered a massive attack that affected nearly 8,000 wallets, which resulted in the loss of users’ funds. Prior to the hack, the blockchain had also in the past...
Gasoline Prices Could Fall to $2.99 Next Week
Crude oil prices declined on August 4 to their lowest prices since before Ukraine was invaded by Russia as the futures market indicated a possible recession that could dampen demand from consumers. Th...
No, I’m Not Selling Exxon and Chevron Here
Well, that cinches it. The world is in a recession. No, I am not talking about tomorrow’s US non-farm payrolls report, which some clown on an endless clown show FinTV network will inevitably, br...
‘We expect it to be removed’: Democrats’ push to close ‘carried interest loophole’ in jeopardy as Sinema seeks to block effort
Sen. Kyrsten Sinema has signaled her opposition to closing a controversial tax loophole that allows carried interest to be taxed as capital gains instead of income, according to multiple reports. As a...
Here’s Why Apple Has Me Nervous About the Stock Market
By BRUCE KAMICH Aug 04, 2022 | 11:36 AM EDT Stocks quotes in this article: COST, AAPL Real Money readers may remember a story I wrote about Costco ( COST) on July 26 where I discussed a possible risin...
Hong Kong Crypto Exchange ZB.com Losses $4.8M to Hackers
According to recent findings, Hong Kong-based cryptocurrency exchange ZB.com lost nearly $5 million to hackers earlier this week before the platform suspended withdrawals and deposits due to system ma...
Will the Stock Market Rebound Continue? Goldman Says …
The stock market has been on a roll lately, with the S&P 500 soaring 13% since June 16 amid optimism that the Federal Reserve won’t raise interest rates much more. But now Fed officials are making...
World’s Largest Asset Manager Blackrock Taps Coinbase to Offer Crypto Services
The world’s largest asset manager, BlackRock (with $9.6 trillion in assets), has partnered with leading crypto exchange Coinbase to offer crypto services to institutional clients, according to a blog ...
Stocks may have been rallying, but the bear market isn’t over for two reasons
The bear market is not over, according to a contrarian analysis of stock market timer sentiment. That’s for two contrarian-related reasons. First, since the mid-June low, stock market timers have been...