shares slumping 3.7%, after the South Korean memory-chip maker’s net profit missed consensus. Late afternoon the Federal Open Market Committee wrapped up its two day meeting and said it plans to keep interest rates near zero and said it plans to continue to buying bonds to the tune of $120 billion a month. Yields were […]
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equity research analyst at Canaccord Genuity in Toronto, doesn’t hear this same level of objection to the industry today, and for good reason. companies “are kind of doing everything in every market,” he says—from growing to producing, up to creating edibles and even operating retail in some markets. Big-name companies trading in the U.S. Meanwhile, […]
As the price of Bitcoin and other coins has soared, public companies seen as proxies for the new asset class have sometimes risen even more than the cryptocurrencies themselves. With several companies saying they are incorporating Bitcoin or blockchain technology into their business models, or buying Bitcoin outright, it can be hard for investors to […]
The need to reduce biodiversity loss, pollution, and waste means addressing the fundamentals of how we use resources and the changes in daily life that will be necessary to begin regenerating the natural world. By levying taxes on consumers, governments would avoid jeopardizing the competitiveness of their domestic producers, which is the challenge raised by […]
started offering privately managed Bitcoin funds to high-net-worth clients in March. The digital currency peaked around $64,750 on April 14 and then slid 27% to $47,275 over the following few days. , the first crypto exchange to go public, coincided with a Bitcoin surge. Nonetheless, investment in Bitcoin and crypto infrastructure is only accelerating from […]
In its Wednesday policy statement, the BoC said it would keep rates steady but reduce the size of its weekly bond purchases by 1 billion Canadian dollars, to C$3 billion. In a note on Thursday, NDR said investors should care about the U.S.’s northern neighbor because it “could be considered a leading indicator for other […]
The rebound follows a bona fide bear market decline of 35.4% from the ETF’s 52-week high last August to its 52-week low in March. The yellow metal itself has climbed off the mat over the past few weeks, rising to $1,795 an ounce, close to a two-month high and up 6.51% from its low in […]
Weekly jobless claims tumbled to 576,000, the lowest level of the pandemic, consumer inflation rose in March at a quicker-than-expected 2.6% year over year, and March’s retail sales, boosted by government payouts, surged 9.8% over February’s. The ratio of the price of copper to the price of gold has risen to near its highest level […]
LG Chem. with our joint venture partner LG Energy Solution is another major step in our transition to an all-electric future,” said GM CEO Mary Barra in the company’s news release. Morgan Stanley’s Adam Jonas, for instance, worries that there might not be enough batteries to meet all auto makers’ EV ambitions. The possibility that […]
speculates that Bitcoin could be worth $100,000 by the end of 2021 and sees that value increasing five-fold by 2024, as the nascent crypto market continues to evolve and grow. “I’ve seen a lot of weird coins like Dogecoin and even XRP have huge retail spikes, which means there’s a lot of frenzy right now,” […]
, an ETF-like security that has drawn more than $34 billion in assets, now trades at a discount to the underlying Bitcoin it holds. The Grayscale trust, created in 2013, took off as the most direct way for investors to get Bitcoin exposure into their traditional portfolios. That is likely because competitors have begun to […]