By BRUCE KAMICH Jul 26, 2022 | 01:23 PM EDT Stocks quotes in this article: COST, WMT Costco Wholesale Corp. ( COST) gapped lower Tuesday on the heels of Walmart’s ( WMT) bearish guidance late M...
Tag: investments
Global investment bank Moelis launches dedicated blockchain advisory team
Investment bank Moelis and Company announced on Monday that it is launching a dedicated blockchain advisory division to serve companies in the blockchain space and corporations that utilize blockchain...
Sergey Brin Ordered Sale of Musk Investments After Affair: WSJ
(Bloomberg) — Google co-founder Sergey Brin instructed his advisers to sell his personal investments in Elon Musk’s companies in recent months after learning that he had a brief affair with his ...
Top 5 Ethereum Layer 2 Projects For Lucrative Investments in 2022
Ethereum Layer 2 projects have been gaining traction and usage lately, due to the rising fees and transaction times on the settlement. So, how can you take advantage of the fact and near certainty of ...
New way to short Tesla with AXS Investments ETF
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure ...
Bankman-Fried says his firms may deploy ‘hundreds of millions’ to backstop struggling crypto industry
In an interview with CNBC today, FTX CEO Sam Bankman-Fried said that he would be willing to spend “hundreds of millions beyond what we have thus far and in some cases more than that” to backstop firms...
Investors, Locked in on Lockheed’s Guidance, May Miss Their Shot
Sometimes earnings season is like hunting for a target from extremely close range — but failing to see all the other flashes further out on the radar. Investors, in other words, become so myopic...
A Beginner’s Guide to Ethereum (ETH) Ecosystem Investments: Uniglo (GLO), Shiba Inu (SHIB), and Uniswap (UNI)
If you are new to the cryptocurrency scene, you might have already come across the name Ethereum – a decentralized blockchain with smart contract functionality. Being the world’s second-biggest crypto...
The Market Is Severely Overbought on Several Metrics
Another strong finish yesterday put the indexes near some very strong resistance. The SPX 500 closed just a touch under 4000, there is a gap to fill at 4017, and that could be filled in days. However,...
Tesla’s Textbook Breakout Is a Sign of Things to Come
Tesla Inc. (TSLA) ripped higher on Thursday, gaining 9% after posting strong second-quarter results. What’s next for shares of the largest U.S.-based electric vehicle manufacturer? Tesla beat an...
Sports Fans Ready To Move Beyond The Hype And Make NFT Investments: Survey Report
On July 23, the National Research Group (NRG) released research on the perceptions of non-fungible tokens among sports fans. The research findings indicate that 64% of sports fans are interested in fi...
FTX offers sinking ship Voyager a lifeboat; investors to receive a refund on their investments
The crypto exchange, FTX, has decided to help a sinking market player, Voyager. Sam Bankman-Fried, CEO of FTX, offered Voyager a rescue plan that may help the latter save its sinking ship. Voyager hal...
Ripple investors may re-consider their investments after XRP’s performance in the last three days
=In the last few days, the on-chain performance of the XRP token has told a tale of a steady decrease in the buy and sell bids for the leading altcoin. According to data from Santiment, on 20 July, th...
Advisors turn to alternative investments to further diversify clients
Marko Geber | DigitalVision | Getty Images After battling downturns in the stock and bond markets, more financial advisors looking to further diversify their clients are turning to alternative investm...
It’s Raining Dividends in the Oil Patch
It’s raining oil! According to our permanently-confused commander-in-chief, that is a common condition in the winter in Delaware. And it apparently caused his “damn cancer”…whi...
AMD Could Rally 30% From Here
Advanced Micro Devices (AMD) has weakened since late November. The shares were trading around $160 and subsequently fell to near $70 in early July — a rude awakening for buy-and-hold investors. ...
Everything You Need To Know About Crypto Investments
Cryptocurrencies are a hot topic these days. Millennials have been head over heels for these digital currencies. Several companies and startups have rolled out their crypto tokens that you can trade i...
New SkyBridge fund to invest in web3, fintech startups: Business Insider
Anthony Scaramucci’s investment firm SkyBridge Capital will roll out a fund for web3 and crypto startups starting September, Business Insider reported on Wednesday. The fund, which is a mix bet...
Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies
Beller co-created Facebook’s libra stablecoin project (the company is now Meta and libra, renamed diem, was recently shut down) before joining NFX in September 2020. The company’s Fund III – whi...
New Stock Sale Sinks Carnival Corp
Carnival Corp (CCL) announced a $1 billion common stock offering Thursday and traders reacted with sell orders. CCL was recently down about 10% on heavy trading volume. Let’s check out the chart...
Cleveland-Cliffs’ Charts Look Uninspired Ahead of Earnings
By BRUCE KAMICH Jul 21, 2022 | 08:16 AM EDT Stocks quotes in this article: CLF Steel producer Cleveland-Cliffs ( CLF) is scheduled to report its second-quarter results Friday morning. In our April 22 ...
Chipotle announces investments in startups focusing on kitchen automation, plant-based alternatives
Hypen automated kitchen solutions. Courtesy: Hyphen Chipotle said Thursday it’s investing in two companies that have the potential to accelerate its growth − one that automates kitchen operation...
Scaramucci’s Skybridge Capital to Launch Venture Fund for Web3 & Crypto Investments
On Wednesday, Anthony Scaramucci’s global alternative investment firm SkyBridge Capital announced that it plans to launch a fund for web3 and crypto startups in September. The fund will mix trad...
US federal agency issues legal advisory on NFT investments
The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungible to...
Government officials’ NFT investments are under review by the OGE
Recently, the OGE, United States Office of Government Ethics, published a legal law on NFT investments between government entities. According to the OGE, all these people must show their transactions ...
Digital Token Issued In Russia to Facilitate Investments in Palladium – Bitcoin News
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech application...
AT&T Looks Impressive to a T Ahead of Earnings
AT&T (T) has struggled and made missteps in the past but we want to be forward looking. The company is scheduled to report earnings before the opening of trading Thursday, so let’s check out...
Christie’s launches venture fund aimed at Web3 and blockchain investments
Christie’s, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption of art.” I...
Are Mehracki, Solana, & Polygon Good Investments In Long Run?
As the cryptocurrency industry matures, investors are increasingly looking for tokens that have the potential to generate explosive long-term returns. These are three cryptocurrency tokens that could ...
Crypto Investments Shrunk nearly 25% to about $9.3B in H1
Penetration of the crypto space has decreased; Venture capital firms’ investment shrunk nearly 25% from a record $12.5 billion invested in the first half of last year to about $9.3 billion in th...
‘We get hundreds of thousands of dollars in royalties’: My late father left his investments to me and my sister, but gave me more than 50%. My sister wants half. What should I do?
Dear Quentin, My sister is two years older than me. We both are married and have incomes in the low six figures, and our husbands have similar earnings. When she was in her 20s, my sister and her husb...