Nvidia (NVDA) stock has been a winner in the pandemic era. The semiconductor giant represents a play on multiple trends including AI, cloud, gaming and AV/ADAS, and investors have bought into the story, sending shares up by 110% over the past 12 months. The company is set to release the January quarter results today after
admin
Home Depot and Lowe’s stores Getty Images Check out the companies making headlines in midday trading. Lowe’s – Shares of Lowe’s ticked more than 3% lower after the company said home improvement sales will likely decline in 2021 as more people get Covid-19 vaccines and spend more time outside their homes. Despite the outlook, Lowe’s said fourth-quarter same-store
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Bank of America sets a 2021 gold price target of $2,000, why silver could jumpstart the next precious metals bull cycle, and thefts of catalytic converters from cars are on the rise, driven by
Most Americans encounter some form of debt in their lives. However, not all debts are created equally and some are considered better than others. Indeed, while debt comes in several forms, all personal debt (not corporate or government debt) can be categorized within a few main types, including secured debt, unsecured debt, revolving debt, and
Rocket 3.1 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris Kemp spoke to CNBC this month about the company’s plans for its upcoming cash infusion.
Ghana has become the first country in the world to receive coronavirus vaccines under the World Health Organization-backed Covax facility for low- and middle-income countries, marking the beginning of what has been called the largest vaccine procurement programme in history. “With the first shipment of doses, we can make good on the promise of the
Whether you love or hate vegan “milk”, you cannot ignore it this week: Oatly, the Swedish non-dairy company, has just announced plans for a $10bn IPO. A victory for the sustainability cause? Perhaps. But the Oatly IPO may also fuel concerns about green froth, as we write below. Plus it shows the challenge of judging
Stephanie Mackara’s clients are “long-term, buy-and-hold investors,” but that hasn’t stopped some from calling to ask her about special purpose acquisition companies (SPACs), the trendy alternative to an initial public offering that’s sweeping the equities markets. “[SPACs] are extremely speculative and one is putting their full faith and credit into the SPAC firm to pick
How much are 140 million users worth? After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced today a $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that will plug into the app. Similar to lending protocols such as Aave and Compound, “Oxygen
A Nissan Leaf —a full electric plug-in vehicle or EV—charges next to a shopping mall at a dedicated … [+] EV parking space. (Photo by Michal Fludra/NurPhoto) NurPhoto via Getty Images If the future of cars is to be electric, the 2020’s will be the decade that turns the tide. Last year, demand for electric
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. Billionaire Rakesh Jhunjhunwala Thinks Indian Government Should Ban Bitcoin Rakesh Jhunjhunwala believes that the Indian government should
An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg via Getty Images Higher mortgage rates and a winter weather disaster combined to weaken mortgage demand last week. Total mortgage application volume fell 11.4% compared with the previous week, according to the Mortgage
Getty getty Over the last few years there have been a lot of changes in required minimum distributions (RMDs) for IRAs and other retirement plans. It’s important to know the current rules, so you don’t pay more income taxes than you need to or incur the highest penalty in the tax code. The penalty for
The Securities and Exchange Commission’s decision to impose relatively short bars and no financial penalties on the auditors of the College of New Rochelle indicates that the commission takes seriously the work of these disclosure gatekeepers despite their not being complicit in the fraud uncovered in 2019. The SEC charged two former KPMG auditors on
Bloomberg Central Banks in Stimulus Dilemma as Reflation Bets Lift Yields (Bloomberg) — The unprecedented $9 trillion rescue mission by central banks to haul the world economy from its coronavirus recession is being tested as rising bond yields and inflation bets threaten their ability to keep borrowing costs down.While Federal Reserve Chairman Jerome Powell this
The 2021 Doomsday Clock has been set at 100 seconds to midnight! by David Bryan THE BINARY OF BINARIES The 2021 Doomsday Clock has been set at 100 seconds to midnight! Because financial, genetic, social, military, nuclear weapon or pandemic engineering do not have a binary to create unity, they produce tyranny. They engineer very
Wells Fargo has agreed to sell Wells Fargo Asset Management (WFAM) to private-equity firms – GTCR and Reverence Capital Partners – for $2.1 billion. WFAM is the asset management unit of the bank, with $603 billion in assets under management and specialized investment teams with more than 450 investment professionals. The deal is anticipated to
by howmuch Basic internet access to this article isn’t even a thought for people living in extreme poverty. Most of us think of extreme poverty as an abstract concept that we hear about but never see. Yet, as our visualization illustrates, a significant portion of the world’s population lives like this, separated geographically from the
Even if you’ve managed to avoid sitting through a company benefits meeting, you’re no doubt familiar with the concept of a 401(k) plan. A 401(k) is a defined-contributions plan. You sock away a set amount each paycheck, your employer may match some percentage of the contribution, and years later you declare your own financial independence.
Workhorse W-15 Electric Pickup Truck. Source: Workhorse Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service. Amid heightened volatility, the stock was halted multiple times during the last half hour of trading, before ultimately finishing the
Mexico’s state comptroller’s office has come under fire on Tuesday for backtracking on an audit that found President Andrés Manuel López Obrador’s decision to scrap a partially built airport was far costlier than the government said. The U-turn came after the auditor’s office, the ASF, highlighted a variety of irregularities and miscalculations in flagship government projects.
A young Indian environmental activist linked to Sweden’s Greta Thunberg has been freed on bail, 10 days after she was arrested and accused of sedition for her efforts in supporting a protest by farmers against new agricultural laws. Disha Ravi, 22, who launched the Thunberg-inspired “Fridays for Future” movement in India in 2019, was granted
Startup custodian Altruist has hired an ex-TD Ameritrade director to lead the company’s market strategy and help develop its offering. Pete Dorsey, TD’s former national managing director of institutional sales and relationship management, will now serve as chief strategy and revenue officer at Altruist. “Pete will be leading our go-to-market initiatives as well as overseeing
Crypto-powered web browser, Brave, has unveiled its “Roadmap 2.0” — laying out plans for an integrated DEX aggregator and non-fungible tokens support.. Brave’s new roadmap highlights the company’s desire to integrate DeFi functionality in its wallet and explore scaling solutions for the project. Brave’s new Ethereum-native wallet will support “DeFi and NFT use-cases,” in addition
Waldorf Astoria Towers, a new development being built for the global UHNW buyer Courtesy of Noë & Associates / The Boundary Wealth-X and REALM’s spotlight on the world’s leading markets for the wealthy: residential real estate 2021 delivers an insider’s look into where these individuals own and are acquiring primary and secondary properties. According to
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused the two entities of hiding
By Richard Eisenberg, Next Avenue Editor OAKLAND, CALIFORNIA – JANUARY 16: California Gov. Gavin Newsom speaks during a a news conference … [+] (Photo by Justin Sullivan/Getty Images) Getty Images When California’s Democratic Governor Gavin Newsom took office in January 2019, he announced the state would embark on creating a “Master Plan for Aging.” Now
Municipal yields rose for the sixth day in a row Tuesday, pushing the 10-year above 1%, a level not seen since May 2020. High-grade deals priced and secondary trading showed bonds exchanging hands at yields higher than triple-A benchmarks in some cases, but a healthy two-way flow was evident, even if there are signals that
Silver keeps bounces off 100-bar SMA following a pullback from channel resistance. Receding MACD strength directs sellers towards 200-bar SMA, channel’s lower line. Five-week-old support line adds to the downside filters. Silver wavers in a range above $27.50, currently around $27.65, while trying to defend the bulls amid the initial Asian session on Wednesday. The
Enormous money printing is having an effect on asset price inflation… Jim Rogers interviewed on GoldCore TV In this Jim Rogers Gold 2021 video, Jim warns about that effect that enormous money printing is having on asset price inflation and why everyone should buy gold and silver as an insurance policy. Jim recommends that the