Innovation is the crucial ingredient for market-beating gains. The innovators of the past decade, including Amazon, Google, and Facebook, have morphed into some of the largest and most dominant companies in the market today. The biotech space is no different with innovation being the secret sauce to unlocking enormous profits. A recent example is Moderna
What are the best ways to improve your financial literacy? Whether you live for elaborate investment maneuvers and tax-shielding strategies–or have a hard time distinguishing ETFs from HSAs–it’s important to both know the basics and learn the resources that let you make financial decisions with the best information If you’re already expert at the art
Anthony Noto, CEO of SoFi Adam Jeffery | CNBC Online finance start-up SoFi is lowering the barrier for amateur investors to buy shares of companies as they go public. These IPO shares have historically been set aside for Wall Street’s institutional investors, or high-net worth individuals. Retail traders don’t have a way to buy into
The US is concerned that China is flirting with the idea of seizing control of Taiwan as President Xi Jinping becomes more willing to take risks to boost his legacy. “China appears to be moving from a period of being content with the status quo over Taiwan to a period in which they are more
In this edition of Scoreboard, we ask whether Aston Martin’s return to Formula One can make the global motor racing series more competitive, explore the ownership saga of the Washington NFL team, explain why Italian Serie A football clubs have been arguing over a €2.5bn TV deal, and more. Send us tips and feedback at
Two former Morgan Stanley advisors, whose short-lived tenures at the wirehouse ended in litigation and termination, are suing their former employer’s attorneys for alleged malpractice. Christopher Armstrong and Randall Kiefner claim they got bad transition advice from law firm Shumaker, Loop & Kendrick — guidance that left them in a court battle without legal representation
Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full swing, in tandem with “the biggest discussion we’ve seen in human history around the intersection of social media and investment platforms” —
Sale contract volume in Manhattan hit its highest monthly pace in more than a decade in March, but even as homebuyers continue to move swiftly, brokers say there are still deals to be had. As of last week, there were 878 contracts signed month-to-date, which represents the highest monthly pace seen in Manhattan since March
The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI) and Argo Blockchain Plc (LSE: ARB) have recently entered into a Memorandum
Two recent lifts to Illinois rating outlooks cast a more favorable light on its bonds but whether the momentum leads to upgrades hinge on the state showing fiscal discipline as it finalizes a new budget and spends federal cash, market participants said. Moody’s Investors Service on Thursday followed S&P Global Ratings’ action last week raising
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Once again, we end the week with gold prices treading water, stuck in a narrow range between $1,700 and $1,750
The epidemic is being used as an excuse for decisions by the mints not to enter the market for monetary metals when demand is high, supplies are tight, and… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) 12:56p ET Friday, March 26, 2021 Dear Friend of GATA and Gold: Hugo Salinas Price, president
Over the next few years, more ad money is anticipated to flow over from linear TV to the CTV (connected TV) space. OTT leader Roku (ROKU) is set to benefit from this secular trend. The company’s latest move, says BofA analyst Ruplu Bhattacharya, is indictive of its ambitions to get as big a chunk as
In this article .SPX .DJI Traders work on the floor of the New York Stock Exchange. NYSE Stocks could be buffeted by end-of-quarter trading in the week ahead, as pension funds and other big investors buy bonds and sell stocks to rebalance their portfolios. The dramatic move higher in bond yields this quarter sets up
by Lance Roberts Could a “transaction tax” be a good thing? I recently discussed why “Free, Isn’t Really Free” regarding the retail investor. While “free trades” have certainly reduced the transaction costs, the selling of data to the highest bidder has likely cost investors more than they saved. To wit: “As is clear from the billions paid for order flow and
The biotechnology business is complex and uncertain. Trying to figure out which biotech companies will succeed is no easy task. Because many ventures are in the development stage and lack cash flow, earnings or revenue, traditional financial analysis isn’t much help. When sizing up a biotech company, many investors rely on qualitative analysis rather than
In this article FTXL Giannis Antetokounmpo #34 of the Milwaukee Bucks drives to the basket against Bam Adebayo #13 of the Miami Heat during the second half at American Airlines Arena on March 02, 2020 in Miami, Florida. Michael Reaves | Getty Images A city trying to rebrand itself as the center of the crypto
US president Joe Biden has asked Chinese president Xi Jinping and Russian president Vladimir Putin to join a summit of 40 world leaders he is hosting next month on the climate crisis, even after launching verbal attacks against both leaders in recent days. “They know they’re invited,” Biden said on Friday afternoon on the South
In the vanguard of the Olympic torch relay came a convoy of sponsor trucks, blaring a J-Pop version of “When the Saints Go Marching In” and urging the crowd to give their support. It was followed by a phalanx of police. Then, just in case anybody was tempted to get excited or have fun, there
In this article KWEB Chinese and U.S. flags outside the building of an American company in Beijing, China January 21, 2021. Tingshu Wang | Reuterss A new Securities and Exchange Commission rule that will require foreign companies to submit documentation about government affiliations and government influence is causing headaches for China investors. It’s one of
As a surge of interest in stock trading has driven many first-time investors to look for financial advice beyond meme stocks promoted on Reddit, Bank of America is making it easier for consumers to sign up for its robo advisor. Merrill Edge Guided Investing grew assets under management 33% year-over-year in the fourth quarter of
Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however. “IMO we are only ~4 months into the bull market and nowhere near the end of it,” PlanB tweeted
Nike’s NKE decision announced today to cut ties with six more key retailers should reverberate in the board rooms of many department stores, and multi-brand specialty retailers. Back in August, Nike announced it was closing accounts at Fred Meyer, Zappos, Dillard’s, City Blue, VIM, EbLens, Belk, Bob’s Stores and Boscov’s. While those players were not insignificant,
For those who can afford it, the coronavirus crisis has caused a home-buying frenzy. In the last year, 1 in 20 adults moved, either permanently or temporarily, from where they were living due to the Covid outbreak, according to a recent report by the Pew Research Center. Not everyone is heading from the city to the suburbs, however.
Recently, Bitcoin Cash proponents have been introduced to a new application that competes with the content subscription service Onlyfans. The web portal Onlycoins is a service that is similar to Onlyfans but instead, creators can earn bitcoin cash by posting quality content and gathering subscribers. Youtuber David Bond Features Bitcoin Cash-Fueled Onlyfans Clone The popular
When you’re age 70½ or older, the best way to make charitable contributions usually is through qualified charitable distributions (QCD) from a traditional IRA. A QCD can satisfy your required minimum distribution (RMD) for the year and reduce your income taxes. The QCD was a temporary innovation in 2006 but was made a regular part
A San Francisco Superior Court judge has denied the city attorney’s request for an emergency court order to compel the San Francisco Unified School District to resume in-person learning. A preliminary injunction was filed by San Francisco City Attorney Dennis Herrara Feb. 3 who argued that the school district had not created a feasible plan.
Bloomberg Airtight Reopening Trade Springs a Leak With Bonds Rebounding (Bloomberg) — This past week was a warning to bulls that the rotation trade, in which billions of dollars have been plowed into smaller companies battered by the coronavirus, is far from foolproof.Even with a 4.1% two-day rally, the Russell 2000 ended the week 2.9%
What sense does it make for Trump supporters, defined by the Biden regime as “insurrectionists” and “enemies of democracy”, to support the Biden’s regime’s propaganda… by Paul Craig Roberts via PaulCraigRoberts.org China Is Losing Patience with Washington. “You wouldn’t like me when I’m angry,” China tells Washington, and China is getting angry. Beijing warns US
For several years now, Advanced Micro Devices (AMD) has eaten away at Intel’s market dominance in the CPU segment. Intel, however, with a new CEO at the helm, has been devising its comeback program. Recently, the chip giant announced its new IDM (integrated device manufacturer) 2.0 strategy, which includes the launch of Intel Foundry Services