Kaiko, a blockchain data provider company serving institutional investors and enterprises, has secured $53 million in Series B funding, the company announced Tuesday. Kaiko Bags $54 Million From Inves...
Tag: Investing
Shopify Stock Split: What the Charts Say Ahead of 10-for-1 Split
Not a lot of positives surround Shopify (SHOP) – Get Shopify Inc. Class A Subordinate Report at the moment. Unfortunately for many investors, that disappointment is not limited to just Shopify,...
Cathie Wood: I Erred On Inflation, But Recession is Here
Hotshot investor Cathie Wood, chief executive of Ark Investment Management, has said repeatedly in recent weeks that we’re headed for disinflation soon. But she acknowledges that she failed to realize...
Rich Dad Predicts Bitcoin to $1,100. Mistake Or?
Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad,” has revealed that he is waiting for Bitcoin to test $1,100 so that he can buy the dip. Kiyosaki Wants Cheap Bitcoins The author a...
Top 7 Most Ideal Crypto Coins for Students
People who attend college often have a tight schedule and a lot of responsibilities. They have to juggle study and courses while trying to keep their social life alive. On top of everything, student l...
Elevate The Status Of Your Portfolio By Investing In Gnox (GNOX), Bitcoin (BTC) And Litecoin (LTC)
If your portfolio needs help right now, you’re in the right place. While the wider crypto space has had a testing few weeks, things aren’t all bad. In fact, the market right now could be viewed with p...
CoinFLEX Plans to Issue $47M in Tokens to Resolve Withdrawals Issues
A few days after suspending withdrawals on its platform due to a high net-worth client failing to meet a margin call, crypto futures exchange CoinFLEX is now planning to launch a “Recovery Value USD” ...
Jefferies Just Posted Results. Investment Banks Should be Worried.
Text size Total underwriting revenue at Jefferies was down by 62% as banks face tougher conditions. Amir Hamja/Bloomberg Wall Street just got a taste of what to expect when investment banks post secon...
JetBlue Raises Offer to Buy Spirit Airlines—Again
JetBlue Airways Corp. isn’t backing down in its fight to buy Spirit Airlines Inc. raising its offer yet again in an effort to outmaneuver rival Frontier Airlines. JetBlue on Monday proposed a $400 mil...
Goldman Sachs and Wells Fargo Boost Shareholder Payouts
The largest U.S. banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession. Four of the six biggest ba...
Nike Stock Slumps On Q4 Earnings Beat, $18 Billion Share Buyback
Updated at 5:46 pm EST Nike (NKE) – Get Nike Inc. Report posted stronger-than-expected fourth quarter earnings Monday as solid gains in its direct-to-consumer business offset a Covid-linked sal...
Mr. Big Short: Fed May do a 180 on Interest Rates
The Federal Reserve has raised its federal funds rate target by 150 basis points since March, and speculation now centers on how much further the Fed will go. Interest-rate futures traders see an 89% ...
Grayscale Enters Wall Street Partnerships Hopeful of Bitcoin ETF Approval
Leading digital asset manager Grayscale Investments has signed an agreement with Wall Street giants Jane Street and Virtu Financial (VIRT) as “authorized participants” of its Grayscale Bitcoin Trust (...
Vanguard Sues UHNW Advisor Over Alleged Client Solicitation
The Vanguard Group is suing one of its former ultrahigh-net-worth financial advisors for allegedly violating a one-year nonsolicitation agreement he signed while an employee. The financial services gi...
Citigroup cuts S&P 500 target to reflect blend of recession, ‘soft landing’ scenarios
Citigroup analysts have cut their S&P 500 target for this year by 500 points to 4,200, after stubbornly high inflation spurred the Federal Reserve to aggressively raise interest rates. “Fed hawkis...
Should You Buy Micron Technology Ahead of Earnings?
By BRUCE KAMICH Jun 27, 2022 | 12:20 PM EDT Stocks quotes in this article: MU Micron Technology ( MU) made a high back in December and then has traded lower into June. The shares are trading below the...
Institutions Betting “Hundreds of Millions” to Short Tether (USDT)
Following the infamous crash of Terra’s algorithmic stablecoin UST, many investors and regulatory authorities have raised concerns about stablecoin generally, as they are expected to keep a 1:1 peg to...
Crypto Broker Voyager Issues Notice of Default to 3AC Over $670M Loan Deal
US-based cryptocurrency brokerage platform Voyager Digital announced on Monday that it had passed a notice of default to the insolvent hedge fund company, Three Arrows Capital (3AC). The public notice...
General Electric Stock Gains As CEO Culp Takes Over Aviation Unit
Updated at 11:25 am EST General Electric (GE) – Get General Electric Company Report shares moved higher Monday after the it said CEO Larry Culp will take over the leadership role at the industr...
Tesla Has a New Rival on the Rise
Tesla (TSLA) – Get Tesla Inc. Report completely dominates the electric vehicle market. The figures are there to show that in the United States, Elon Musk’s company is unrivaled. Its mark...
Top 5 Undervalued Cryptocurrencies in 2022
Bitcoin and Ethereum are the world’s largest cryptocurrencies, attracting retail and institutional investors. Outside of these top two, there are other coins, including undervalued cryptocurrencies. D...
For Smith & Wesson, Load, Cock and Fire Another Round
It’s time for another round of Smith & Wesson (SWBI) . I targeted this iconic gunmaker in December and showed why my covered-call strategy appeared to hold some firepower. The shares got kno...
Key Indicator Shows China’s Economy Set For Further Slump
WUHAN, CHINA – FEBRUARY 10: A man wears a protective mask on February 10, 2020 in Wuhan, China. … [+] Flights, trains and public transport including buses, subway and ferry services have b...
Bearish Bets: 3 Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Apollo’s Stock Is Expected to Rise. Here’s Why.
Apollo Global Management is the most misunderstood of the publicly traded alternative asset managers. But the stock could represent significant upside for those who wish to take a look, according to R...
Which $5 Cryptos Are Worth Investing In? – crypto.news
While the crypto market has witnessed massive growth over the last few years, 2022 hasn’t been so good. Digital assets are currently facing severe pressure, which has seen bitcoin, the largest virtual...
3 big problems with Congress’ new retirement reforms
A new set of reforms to America’s retirement tax and savings plans passed a key hurdle in Congress last week. Variously known as the SECURE Act 2.0, the EARN Act and the RISE & SHINE Act, the meas...