These days, a lot of investors are jumping on the cryptocurrency bandwagon. Bitcoin is one of the more well-known cryptocurrencies out there, and while its value has moved wildly this year, many consider it a viable investment and a solid money-making opportunity. While there is the potential to make a lot of money with Bitcoin, […]
Since the March 23, 2020 bottom, investors have enjoyed a historically strong bounce-back rally — the widely followed S&P 500 has gained an impressive 90%. For example, there have been one or two double-digit percentage declines within the three years following a bottom in each of the previous eight bear markets prior to the coronavirus […]
However, the Bitcoin blockchain is also now officially scheduled to receive an important upgrade, which could be a more long-term demand driver. The company is already taking on as much debt as it can to buy more and more bitcoins, as we’ll see in a minute. First the short-term catalyst for Bitcoin: On June 13, […]
Even as the overall cannabis industry has been getting bigger and earning more enthusiasm from investors, Canadian marijuana company Aurora Cannabis stock has done poorly. And while the company is focused on improving its bottom line, it booked an an adjusted EBITDA loss of CA$24 million — even steeper than the loss of CA$16.8 million […]
New Frontier Data has forecasted 21% average annual sales growth between 2019 and 2025 in the U.S., which would lead to more than $41 billion in yearly revenue by mid-decade. One of the odd quirks about investing in marijuana is that neither the New York Stock Exchange nor Nasdaq will allow companies that directly deal with […]
Over the weekend, the Tesla . Now here’s the thing: At $40,100, Bitcoin prices today are up about 9% from where they were when the stock market closed on Friday. Generally speaking, CleanSpark makes software for energy regulation and energy efficiency, but more specifically, CleanSpark announced last month that through the use of “nuclear power, […]
Stigmas are fading, and a critical mass of states have adopted legal marijuana, either for medical or recreational use. Ayr Wellness has closed four major acquisitions in new sates since December, and it’s set to close the acquisition of New Jersey cannabis operator GSD New Jersey in July. Of particular note is the company’s acquisition […]
Many investors are putting money into cryptocurrency in an effort to join the ranks of those who have gotten rich by trading in digital coins. Now just because one 401 provider will be offering cryptocurrency doesn’t mean every provider will immediately follow suit. Of course, whether it pays to add cryptocurrency to your 401 is […]
Looking back, one thing is certain: Corrections and crashes are a normal part of the investing cycle. The following five stocks would be the perfect no-brainer buys the next time a crash rears its head. How dominant, you ask? According to data from GlobalStats, Google has controlled anywhere from 91% to 93% of worldwide internet […]
The two marijuana stocks have performed pretty well so far this year, but they’re a long way from delivering 100% gains. I fully expect that Ayr and Cresco will continue to benefit from the expanding cannabis markets where they already have established operations. Ayr recently closed on its purchase of Liberty Health Sciences, a deal […]
Dogecoin originally started as a joke back in 2013, but it’s caused real waves in the investing world. But Dogecoin’s returns have been truly spectacular, outpacing those of even the biggest names in the industry, Bitcoin . In some cases, market downturns are a good opportunity to buy stocks when their prices are lower. The […]
As our colleague Sean Williams writes: “At no point over the past 60 years has there been a bear market that didn’t correct between 10% and 19.9% at least once within three years of hitting a bottom. There’s good news about these crashes, though: The stock market has always roared back to even higher highs, […]
Against this backdrop, another market crash might now seem inevitable. Real estate investment trust American Tower currently owns and operates 187,000 communications real estate sites across 22 countries. All of these are driving carriers to accelerate the pace of 5G network deployments, acquiring mid-band spectrum assets such as 2.5 gigahertz and C-band frequencies to expand […]
There are a lot of things we don’t know about stock market crashes. Though investors might prefer to cover their eyes and ears when the words “stock market crash” are uttered, the perceived likelihood of a crash occurring relatively soon is growing. As of the close on June 7, 2021, the Shiller price-to-earnings ratio, is […]
Currently a business that is focused on growing cannabis for sale in Canada, Sundial is now in a position to go global — but not in the way that investors might expect. Sunstream Bancorp, the joint venture Sundial announced in March with Canadian alternative investment management firm SAF Group, aims to make money by issuing […]
Bitcoin is a big energy consumer, using an estimated 0.55% of all electricity generated in the world today, according to the Cambridge Center for Alternative Finance. If Bitcoin is ever going to clean up its environmental impact, it’ll need a lot of renewable energy to make it happen. While Elon Musk recently raised concerns about […]
If you’ve decided that the risks of Bitcoin are worth the rewards, you might be worried about getting hit with a big tax bill. One work-around is to invest in a Bitcoin IRA, or individual retirement account. A Bitcoin IRA is basically just a self-directed IRA, which is an IRA that allows you to invest […]
While 2020 was a tough year across the board for many businesses, 2021 seems to be showing signs of improvement in the United States. First, it bought Arizona operator Blue Camo, giving the company three new dispensary and cultivation facilities in that state, which is No. The company followed that up with an acquisition of […]
When people talk about having a green thumb, it’s easy to imagine the fruits of their labor in the garden, perhaps in the form of a greenish heirloom tomato being supported by a sagging vine. While it hasn’t proven that it can grow marijuana as profitably as it grows tomatoes, shareholders are already pleased thanks […]
As of this writing, the company owned approximately 92,079 of the original cryptocurrency, and it just sold more debt to raise cash — which it plans to use to buy more bitcoin. Shares are up over 260% since the start of 2020, going from under-the-radar boring tech stock to blockbuster hit in a short span […]