Cathie Wood dumps Nvidia stock ahead of results

Is Cathie Wood fearing more bad news from Nvidia? Wood’s ARK Invest funds trimmed their stake in Nvidia NVDA, +0.86% ahead of the graphics chipmaker’s results. Nvidia has already warned on second-quar...

Coinbase faces class action for crashing during volatility, listing securities

A Coinbase user is suing the exchange for failure to provide the secure crypto wallet access that it advertises.  The plaintiff, George Kattula, filed the class action on behalf of all Coinbase wallet...

Disappointing U.S. data has traders considering possibility of a half-point Fed rate hike in September

In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted back toward fears of an unexpectedly sharp economic slowdown and away from persistently high inflation over the bulk of the trad...

Julian Robertson on how to make money — and avoid going bankrupt — in the stock market

Julian Robertson, the billionaire founder of hedge fund Tiger Management, has died at age 90. Robertson was a value-style investor who mentored, and invested with, a new generation of money managers a...

Brace for an 80% crash in AMC shares: Wedbush Securities

AMC Entertainment Holdings Inc (NYSE: AMC) has tanked roughly 60% over the past couple of weeks but the pain is far from over, says Alicia Reese. She’s an Equity Research Analyst at Wedbush Securities...

Samsung Securities Files Paperwork to Launch A Crypto Exchange

Seven major domestic securities companies in South Korea have filed to launch their own cryptocurrency exchanges in the country. Local newspaper NewsPim reported the new development on Monday. Accordi...

Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee

Lawyers representing Nathaniel Chastain, the former OpenSea product manager accused of insider trading, have claimed United States authorities only filed charges in an attempt to set a legal precedent...

Here’s how Rally is ‘democratizing’ ownership of a rare Noun NFT

In a market that values rarity above all else, Nounders Noun NFTs stand out. So Rally decided to break one into pieces.  Rally, a firm that creates fractional shares of valuable physical and digital a...

Beware of a ‘bear trap’ retreat in stocks after the big summer rally, strategists warn

It looks like a “bear trap” may be lurking in this summer’s big bounce for the stock market, one that could lead to painful losses for investors, Glenmede strategists warned in a Monday report. Invest...

Samsung Securities Plans To Open Crypto Exchange in South Korea

16 seconds ago | 2 mins read Exchange News Only two of the seven companies were uncovered by the research. Mirae Asset Securities has launched a new division under its sister firm. From rapidly sketch...

SmileDirectClub Doesn’t Have Much Time to Straighten Itself Out

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...

9 ways the Inflation Reduction Act affects Medicare coverage, and what it means for you

Major changes to prescription drug affordability for more than 50 million beneficiaries enrolled in Medicare Part D are likely on the way because of a new law. The Inflation Reduction Act “finally del...

Securities Giants Race To Establish Virtual Asset Exchanges Next Year

Several large securities companies in South Korea plan to file preliminary licenses to establish virtual asset exchange by the first half of 2023. The securities giants include Mirae Asset Securities,...

Giant Fund Sells Apple, Tesla, Microsoft Stock. It Bought Walmart.

Text size An Apple Store. PSP Investments cut its Apple position in the second quarter. Getty Images A giant Canadian pension recently made substantial changes in its U.S.-traded investments. Public S...

‘There’s no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology’: SEC chief Gary Gensler

“‘We can dispense with the idea that crypto lending isn’t subject to regulation. On the contrary, the rules have been around for decades. The platforms aren’t following them.’” — Gary Gensler, Securit...

WeWork founder Adam Neumann’s latest venture meets with social-media skepticism

It’s been either an ugly week or a fantastic week for WeWork co-founder Adam Neumann, depending on who’s doing the talking. For Neumann, his new residential real estate company called Flow drew a heft...

Banks Nearing $1 Billion Settlement Over Traders’ Use of Banned Messaging Apps

WASHINGTON—Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regul...

U.S. dollar is now slicing through key technical levels ‘like a hot knife in butter’

The U.S. dollar is back on the upswing and headed toward the year-to-date highs seen in mid-July following a period of relative dormancy over the past month as investors pulled back on expectations of...

3 Companies That Declared Dividend Increases This Week

Text size Winnebago Industries said that it plans to boost its quarterly dividend by 50%. Courtesy of Winnebago It was a very light week for dividend announcements, which tend to slow down in August b...

JP Morgan quant who called summer rally says there’s plenty of ammunition to drive stocks higher — and here’s why

JPMorgan Chase & Co.’s Marko Kolanovic wants clients to hang on, because he thinks the rally in stocks is far from over. In a note entitled “Setting the Record Straight and What We Expect Next,” K...

Opinion: Evidence for a new bull market in stocks is rapidly piling up

“Gradually, then suddenly.”  This was the answer Mike gave to the question about how he went bankrupt in Earnest Hemingway’s “The Sun Also Rises.” It’s a good way to think about how any change occurs ...

Single-stock ETFs: ‘We’re going to see this entire ETF category absolutely explode’

Hi! In this week’s ETF Wrap, you’ll get a look at the wave of single-stock ETFs that have recently hit the market — and whether they may be geared toward your investment approach. Please send feedback...

“Squashed like a bug”: Distressed-bond manager makes a multibillion-dollar options bet against Tesla

Scott Burg, the chief investment officer of Deer Park Road Management Co, who made the prediction that Tesla would be “squashed like a bug” in a 2020 tweet, bought put options on almost 4.8 million Te...

Oil Prices Have Been Falling. Why It’s Time to Buy Oil Stocks.

Text size Energy stock profits rose nearly 300% during the second quarter, nearly 10 times faster than the next sector, industrials. Oliver Bunic/Bloomberg It has been a boom-and-bust year for oil sto...

Here are 5 reasons why the bull run in stocks may be about to morph back into a bear market

Some market gurus are starting to worry the summer rally on Wall Street may be starting to fizzle, after stocks quickly lurched from oversold to overbought. Gene Goldman, chief investment officer of C...

Bill Gates Is Ecolab’s Largest Shareholder. He Just Scooped Up More Shares.

Text size Microsoft co-founder Bill Gates has been buying shares of Ecolab. Leon Neal/WPA Pool /Getty Images Ecolab ’s largest shareholder, Microsoft co-founder Bill Gates, bought more shares of the p...

The Bulls Still Own This Market. But Cracks Are Starting to Show.

Text size Riskier and more speculative pockets of the market have led the rally, which has coincided with a decline in bond yields. NYSE If it looks like a bull market and acts like a bull market, it’...

Tech Stocks Are Due for Another Fall

Text size Technology fundamentals are getting worse, not better. One example is weakening demand for consumer electronics. Illustration by Barron’s (Dreamtime 4) For years, tech investors seemed...

KPMG Canada favours new securities law for crypto

KPMG Canada’s director and co-leader of crypto assets and blockchain, Kunal Bhasin, has said in a recent interview with Kitco that he believes that the Howey Test might not be the right rule with whic...

Serena Williams pushes Selena Gomez’s startup to $100 million valuation

In the same Vogue feature where Serena Williams announced her possible retirement after the U.S. Open, the tennis star said she’ll continue to prioritize investment in women-owned businesses.  Days la...

Here are the signs that the bear-market rally in stocks won’t last long – Citi

U.S. stocks have clawed back much of their losses from the first half of the year, but the three major indexes tumbled this week under reviving fears about interest rate rises by the Federal Reserve, ...