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The deal could further validate crypto as an asset class that investment managers can incorporate into portfolios.
Sam Bankman-Fried founded the cryptocurrency and derivatives exchange FTX in 2019, and it quickly has become the sixth-largest exchange by volume, boasting a $3.5 billion valuation. In 2021, he was...
In the wake of 2000, a large swathe of young technology companies were completely wiped out, but that won't be the case in 2022.
Even if it's not a huge purchase, we think it was good to see that Peter Done, the Independent Non-Executive Director...
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Is Kraken a “based” place to work, or just somewhere to ride out crypto winter?
As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that spread alongside the company’s growth into a global e-commerce giant.
The super investor still sees opportunities ahead.
Investing in equal parts of these blue chip dividend stocks gives an investor an average yield of 3.2%.
After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p
These two real estate investment trusts boast safe, market-beating dividend yields of 3.3% and 5.1%, respectively.
It looks like Exxon Mobil Corporation ( NYSE:XOM ) is about to go ex-dividend in the next three days. The ex-dividend...
Advanced Micro Devices continues to deliver strong financial results, which could lead to blockbuster gains in its stock price.
Lucid Group's (NASDAQ: LCID) stock tumbled 13% during after-hours trading on Aug. 3 following its second-quarter earnings report. The luxury electric-vehicle (EV) maker generated $97.3 million in revenue, which represented a big jump from $174,000 a year ago (when it hadn't started shipping its vehicles) but broadly missed analysts' expectations by $59.8 million. Lucid only delivered 679 vehicles during the quarter and produced 1,405 vehicles in the first half of 2022.
Since touching their respective closing highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, widely tracked S&P 500, and growth-dependent Nasdaq Composite have plunged as much as 19%, 24%, and 34%. While the Dow came within a bad day of ending in bear market territory, the S&P 500 and Nasdaq were firmly entrenched there. If there's a silver lining to the worst first-half to a year for the S&P 500 since 1970, it's that bargains abound for patient investors.
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist Walter Scott, which owns an 8% stake. Buffett's Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake's value was reflected on its books.
In 2019, 35.7 million people relied on the Supplemental Nutrition Assistance Program (SNAP) to eat, according to the Annie E. Casey Foundation, but enrollment had been steadily declining since 2013....
These stocks might give your portfolio a boost.
"What's holding us back is central bank tightening and that valuations are not that compelling," Truist Bank co-CIO Keith Lerner told Insider.
A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 since November 2020.
Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into smaller portions at cheaper prices does tend to achieve at least an initial jump in the price. Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) both split their stocks in June, and both stocks are up around 10% since their respective stock splits as of this writing.
Inflation is putting pressure on Lumen's earnings, but the company is making progress on its long-term strategic transformation.