The mainstream adoption of Bitcoin is gathering pace. What was once an unruly asset tagged as fit only for speculators and criminal online activity, has blossomed into a financial instrument coveted by the world’s most prominent investment firms. Companies have been stock piling BTC, and on Monday, Bitcoin surged again after it became apparent Tesla
Take a look at some of the biggest movers in the premarket: Coty (COTY) – The cosmetics company reported quarterly profit of 17 cents per share, 10 cents a share above estimates. Revenue essentially was in line with forecasts. Coty said its profit got a boost from increased cost savings even as demand was dented
Suicide is the 10th leading cause of death in the United States. While life insurance can provide coverage in the case of suicide, many policies have special provisions that limit the payment of benefits. Key Takeaways Many life insurance policies contain a suicide clause or provision. Companies will typically not pay a death benefit
Ron Baron, founder of Baron Capital, is a Tesla shareholder and a big believer in Elon Musk’s vision of the future. Baron believes Tesla can grow sales to $1 trillion in 12 years. Anjali Sundaram | CNBC Billionaire investor Ron Baron told CNBC on Monday he believes Tesla’s bitcoin purchase is “not surprising,” but the longtime
People arriving in the UK who try to conceal the fact they have been in countries on Britain’s list of high-risk destinations face up to 10 years in jail as part of a series of tough new quarantine restrictions announced by health secretary Matt Hancock. Amid growing concerns among ministers over the threat from new
The World Health Organization has ruled out a laboratory accident as the cause of the coronavirus pandemic, saying it was “extremely unlikely” that the pathogen leaked from a Chinese laboratory. A WHO scientific team has spent the past few weeks in Wuhan in an attempt to learn more about the origins of the virus, including
Jonathan M. Elliott’s text messages to Merrill Lynch colleagues took a foreboding turn in July 2019. In the months prior, Elliott, then the resident director of Merrill’s Peoria, Arizona, office, had been texting tips to a trainee on how to land her first client, and messaging a colleague about a gala. A more pressing matter
A new bill introduced to the Rhode Island state legislature aims to boost the state’s economy by opening up the “Ocean State” to blockchain innovators. Dubbed the Rhode Island Economic Growth Blockchain Act, the bill was introduced on Feb. 8 by Republican House representatives David Place and Blake Filippi. The bill states that the proposed
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. getty Multifamily brokers frequently hear this comment from apartment property owners: “I don’t want to list, but you can bring me a buyer.” Their reasons sometimes include previous bad experiences, fear of getting “tied up” in a formal
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading
getty It’s that time of year when, if you’re like most people, you begin to once again turn your attention to your IRA. The year-end statements are starting to trickle in, so you might feel the urge to re-evaluate things and perhaps make some changes. But, do you really know what you should be looking
Kroll Bond Rating Agency argues that environmental, social and governance scores based on subjective metrics that are not correlated to credit risk do not have a place in their credit ratings. KBRA said the development, weighting, and ranking of the key factors in ESG scores are endeavors best left to investors rather than to rating
TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius,
The U.S. Mint is currently limiting distribution of gold, silver, and platinum coins to certain dealers because of heavy demand. There is also a… by Ethan Huff of Natural News (Natural News) The mainstream media’s hyping of silver the other day led to a surge in buying that has caused the United States Mint to lag in
Shares of Coherent jumped 13.6% on Feb. 8 after the laser manufacturer announced a buyout bid from MKS Instruments, in a deal valued at $6 billion. According to the unsolicited proposal from MKS, each Coherent (COHR) share would be exchanged for $115 in cash and 0.7473 of MKS share. Shares of MKS dropped 8.1% to
by Michael Snyder Did you hear about the outbreak of the new “mystery disease” in Tanzania? What about the alarming new outbreak in Congo? New developments in South Africa are making headlines all over the globe as well. Despite all of our advanced technology, humanity remains extremely vulnerable to outbreaks of disease, and many believe
Key Takeaways Analysts estimate adjusted EPS of -$0.89 vs. $0.08 in Q4 FY 2019. Las Vegas Strip room occupancy rate is expected to fall sharply YOY. Revenue expected to plunge amid the COVID-19 pandemic. MGM Resorts International (MGM), the global resort and casino operator, is coming off one of its most difficult years in recent
Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take
The head of Temasek, one of the world’s largest institutional investors, is stepping down after more than a decade, as the Singapore state-backed investment company navigates the fallout from the coronavirus pandemic. Ho Ching will retire from her roles as executive director and chief executive of Temasek Holdings on October 1, the company said on
Amy Kazmin in New Delhi A new seroprevalence study in India’s southern state of Tamil Nadu has estimated that 31.6 per cent of the 72m residents have been exposed to the virus that causes Covid-19. The results highlighted how the pathogen has spread far wider than New Delhi officially acknowledges. India has reported 10.8m coronavirus
A week after Robinhood Markets tried to clear the air by explaining why it slapped controversial limits on trading hot stocks, Wall Street’s risk professionals are still perplexed: How was the firm so ill-prepared for an obvious surge in collateral calls? To the financial industry, anticipating collateral demands from hubs such as the Depository Trust
Solana has announced an upcoming DeFi hackathon offering $200,000 in seed funding from the Solana Foundation. The hackathon, which is scheduled to take place from Feb. 15 through March 1st, will be hosted in partnership with Sam Bankman-Fried of FTX’s Project Serum. Bankman-Fried will also offer mentorship to hackathon participants alongside Solana CEO Anatoly Takovenko.
Managing Partner and Co-Founder at Bamboo Equity Partners, a leading commercial real estate investment firm. getty Making predictions is challenging even in quieter times, let alone in a year with a global pandemic. The Covid-19 pandemic will forever influence almost all aspects of our lives, including the use of real estate. However, what history has taught
Staff make their way around the aisles collecting items before sending them to the on-site dispatch hall to be packaged inside one of Britain’s largest Amazon warehouses in Dunfermline, Fife. Jane Barlow | PA Images | Getty Images BEIJING — Big investors are pouring money into warehouses in Europe as online shopping for goods —
An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral
Investment fees can invalidate the 4% Rule. Here’s what you need to know. getty The 4% Rule has helped generations of retirees estimate how much they can spend each year in retirement. What many don’t know, however, is the role investment fees played, or didn’t play, in the creation of the rule. For example, does
The superintendent of the Los Angeles Unified School District blasted a city councilman who wants the city government to sue to reopen schools for in person learning. Councilman Joe Buscaino plans to submit a resolution this week asking the city attorney’s office to file a lawsuit modeled on one filed recently by San Francisco. “Grandstanding
Silver edged higher on Monday and built on last week’s bounce from the $25.90 support zone. The set-up seems tilted in favour of bullish traders and supports prospects for additional gains. A sustained break below 100-period SMA on the 4-hourly chart will negate the positive outlook. Silver gained positive traction for the second consecutive session
The Analysis And Discussion Provided On Silverdoctors Is For Your Education And Entertainment Only, It Is Not Recommended For Trading Purposes. The Doc Is Not An Investment Adviser And Information Obtained Here Should Not Be Taken For Professional Investment Advice. The Commentary On Silverdoctors Reflects The Opinions Of The Doc And Other Contributing Authors. Your
The new coronavirus mutant strains are playing havoc with the already approved Covid-19 vaccines. The latest data shows AstraZeneca’s (AZN) vaccine, AZD1222 is ineffective against the South African variant, which has resulted in the halt of its rollout in the country. Last week, South Africa obtained its first 1 million doses of AstraZeneca’s vaccine, and