New data centers, increased fiber connectivity, and new mobile networks are being rapidly deployed off the back of a boom in investment.
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Of all the controversial plays on Wall Street, penny stocks take the cake. The risk-tolerant flock to these names as the potential for share prices to grow from pocket change to more than a few dollars is too tempting to ignore. That said, these tickers aren’t without their pitfalls. Some investors avoid them entirely, arguing that the bargain price tags are too good to be true. Rather, the fact that shares are trading at such low levels could reflect problems lying beneath the surface, whether
- Insider Monkey
In this article, we discuss the 10 new stocks Reddit’s WallStreetBets is buying. If you want to skip our detailed analysis of these stocks, go directly to 5 New Stocks Reddit’s WallStreetBets Is Buying. The post-pandemic marketplace, already under heavy strain amid fears of inflation and a dramatic drop in the prices of growth stocks […]
The founders of South Africa’s largest crypto exchange have gone missing.
MLPs or Master limited partnerships are a unique investment that combines the liquidity of securities with the tax benefits of an LP. Learn how they work and which ones to consider.
(Bloomberg) -- China’s capacity to maintain stability in its financial markets is being tested by the Federal Reserve’s sudden hawkish shift.Beijing has repeatedly voiced concern that liquidity-fueled bubbles overseas would burst when monetary conditions finally started to tighten. Bullish speculation domestically already prompted intervention by Chinese authorities, particularly in commodities. As such, a move by the Fed that starts to head off such a risk would be welcomed by the Communist Par
- The Guardian
• ProPublica reveals files on other billionaires’ tax-free savings• Roth IRAs were originally intended for middle-class Americans Peter Thiel, one of the founders of PayPal, is a vocal opponent of higher taxes. Photograph: John Lamparski/Getty Images Billionaire Peter Thiel, one of the founders of PayPal, has used a retirement account designed to help ordinary Americans save for their golden years to amass a $5bn tax-free nest egg, according to records obtained by ProPublica. Thiel, a vocal oppo
Sundial Growers Inc. (SNDL) shares surged 12.1% on June 23. Over the past month, the stock has surged 38.9%, which is huge enough to draw the attention of investors. This Canada-based company operates as a pharmaceutical company. It produces and grows cannabis strains. It has gained 112.8% over the past six months and 81.8% on a year-to-date basis. Though there are no concrete reasons for the surge in the stock price, there are few interesting facts which might have sent SNDL prices soaring. For
Sorrento Therapeutics (SRNE) is a company with its foot on the gas, and hardly a week goes by without new developments. This week is no different. On Tuesday, the biotech announced a multi-year Cooperative Research and Development Agreement (CRADA) with the U.S. Naval Medical Research Unit (NAMRU-3). The partnership’s aim is to conduct infectious disease research that assists the Department of Defense (DoD), informs host nation partners’ public health policy, and improves the U.S. Armed Forces m
We can all use a simpler, more efficient way to manage expenses and save money. Putting your bills on autopay can ensure never forgetting a due date, which minimizes the risk of late fees and dings...
- Insider Monkey
In this article we will take a look at 10 cheap dividend stocks with high yields. You can skip our detailed analysis of dividend investing in 2021 and go directly to see 5 Dividend Stocks with High Yields. Dividend investing is a practice ingrained in investor circles, with many prospective investors constantly on the lookout […]
The IRS just launched a tool to help households collect their child tax credit payments.
(Bloomberg) -- The biggest U.S. banks, led by JPMorgan Chase & Co. and Bank of America Corp., are expected to pay out $142 billion in capital to shareholders after clearing this year’s stress tests.One year after the Federal Reserve capped stock buybacks and dividends, the central bank is poised to lift remaining Covid-19 restrictions for lenders that perform well on this year’s exams when results are announced Thursday.All six of the biggest U.S. banks -- a group that also includes Citigroup In
Global technology giant Intel (INTC) plans to restructure its Data Platform Group (DPG) into two new units — Network and Edge Group and Datacenter and AI. The company also plans to create two new business units that will focus on high-performance computing (HPC) and graphics, and software. Intel offers semiconductor chips, microprocessors, and a broad portfolio of computing and communications devices. (See Intel stock charts on TipRanks) Additionally, the company has announced organizational cha
So many people were stuck at home in coronavirus lockdowns late last year, so it really shouldn’t come as much of a surprise that Sony and Microsoft’s next-generation video game consoles have been flying off the shelves ever since they were first released. On top of that, the insanely popular Nintendo Switch might be outselling …
You may have a Round 3 payment coming even if you've already gotten one.
When you hunt for deals on Amazon, you’re probably often looking for popular products like Apple AirPods and Instant Pots. Yes, it’s great to save some money on best-sellers like those, but you’re not going to wow anyone with them. There are tons of items on Amazon that have the potential to be total game-changers …
The importance of stimmies, capital gains tax, and a killer meme—day traders reveal their investing secrets
A new report reveals the investing habits and motivations of retail traders, a poorly understood force in the stock market.
Cryptocurrency investors in South Africa may have lost nearly $3.6 billion in Bitcoin following the disappearance of two brothers associated with one of the country’s largest cryptocurrency exchanges.
Let’s talk a bit about artificial intelligence, AI. It’s serious tech, and not just science fiction anymore. AI underlies the machine learning processes that are powering information technology, allowing computer systems to adapt to change and increase the speed and accuracy of their information processing. And the profits involved in AI, as it expands through the economy, will be immense. It’s estimated that AI as a whole will boost the global economy by more than $15 trillion by the year 2030,
- Insider Monkey
In this article, we examined the 10 best defensive stocks to buy today according to billionaire Ken Fisher with a beta of less than 1. If you want to skip our detailed analysis of Fisher’s history and hedge fund performance, go directly to the 5 Best Defensive Stocks to Buy Today According to Billionaire Ken […]