So the fundamental question is whether the cryptocurrency will generally be in demand going forward. Regulators like the Securities and Exchange Commission are warming to cryptocurrencies, as evidenced by the recent approval of a publicly traded Bitcoin futures ETF. But Bitcoin’s blockchain is upgrading soon to make smart contracts possible, opening up a realm of […]
Cryptocurrency Bitcoin immediately spiked higher and hit an all-time high of nearly $69,000 per coin around 45 minutes later, according to CoinDesk. Hitting a 30-year high is particularly discouraging because the past three months had shown relative signs of improvement. Because inflation hasn’t been this big of a problem in 30 years, investors are naturally […]
Over the long run, investing in the stock market has been one of the most-effective ways to build wealth and achieve financial independence. But in the short-term, cryptocurrencies have absolutely run circles around Wall Street. Leading the charge, at least in terms of internet search buzz, are Bitcoin . Bitcoin has had a banner year […]
After a 2020 that included a big crash and then an even bigger recovery, 2021 has been more temperate by comparison, and the S&P 500 is sitting on a 24.7% gain year-to-date. Some veteran investors would tell you it makes sense to buy shares of the top companies, even at a premium. One option is […]
Monday was a great day to own marijuana stocks, which soared on news of mergers and acquisitions in the industry, as well as a potential breakthrough in marijuana legalization in Washington, D.C. On the one hand, Aurora said that “net of provisions,” its revenue for the quarter grew 10% sequentially when compared to the fiscal […]
I would now like to turn the conference over to your host, Ananth Krishnan, vice president, corporate development and investor relations. After the market closed today, Aurora issued a news release announcing our financial results for the first quarter of fiscal ’22. Actual results could differ materially from those anticipated in these forward-looking statements and […]
Yesterday, retail investors may have been watching the earnings cycle, as AMC Entertainment reported its third-quarter earnings. Crypto investors jumped on this news and appeared to be bidding up the tokens that AMC will accept in anticipation of broader usage and the network effects this could cause. The large-scale adoption of specific cryptocurrencies at AMC […]
JPMorgan Chase as a substitute for gold, and therefore a hedge against inflation. However, with inflation still trending upward, the Federal Reserve officially beginning to taper its bond purchases, and the market pricing in interest rate hikes in 2022, thinking about hedging your portfolio against inflation certainly isn’t a bad idea. SEN has helped the […]
This bested the high end of management’s guidance of $339 million and was a sharp increase from the $297 million it had at the end of last quarter. Lemonade started as renters insurance, but management talked about the success of it newer offerings. Lemonade Car only launched last week, but the company is already doubling […]
The little-known industrial REIT has agreed to buy Monmouth for $4 billion in cash, a huge deal, considering ILPT’s size. Things are still not back to normal, and, as Motley Fool contributor Reuben Gregg Brewer points out, until a dividend is restored, only the most aggressive of investors should be considering this stock. These publicly […]
Cathie Wood’s ARK Invest firm has a reputation for scoring big wins with explosive growth plays — and it’s no secret the famous investor is bullish on Bitcoin . For those seeking stocks with similar market-crushing potential, ARK Invest also has big holdings in some very promising growth stocks that could level up your portfolio. […]
This latest of many cryptocurrency surges actually began over the weekend, led as always by a rising Bitcoin. In this case, though, it seems as if the government’s likely growing involvement in the crypto sphere is good for this rapidly growing industry overall. And with this particular rise in demand, more cryptocurrency is going to […]
Pretty much everyone thought that Merck and its partner, Ridgeback Biotherapeutics, set a really high bar with the late-stage results for their COVID-19 pill, molnupiravir. The company reported last Friday that Paxlovid reduced the risk of hospitalization by 89% compared with a placebo in COVID-19 patients who were treated within three days of symptom onset. […]
A stock market downturn can be unsettling, and it’s not fun to suddenly see your holdings worth a lot less than they were worth a few days ago. One wonderful thing about market crashes is that they offer up lots of terrific companies trading at lower, more bargain-like prices. Mercadolibre is the largest e-commerce and […]
After taking on billions in debt to weather the 2020 economic storms of COVID-19, Ford announced on Nov. Now, the company aims to win back that rating — a step potentially helpful in supporting its aggressive electric vehicle expansion, and likely bullish for investors much sooner. Fitch Ratings, the third agency, also downgraded the Blue […]
Micali views pure proof of stake as an improvement upon proof of stake in that proof of stake protocols can be “monopolized” by large users with large amounts of the given currency, creating a “rich get richer” cycle which takes away from true decentralization. While it has become a major cryptocurrency, note that its market […]
The federal ban on marijuana prevents them from trading on major exchanges like the Nasdaq or the New York Stock Exchange . 8.” This relates to companies with a “direct nexus to marijuana-related activities” that do not trade on one of the main North American exchanges, such as the Nasdaq, NYSE, or the Toronto Stock […]
Per the terms of the license, Ocugen is allowed to sell the jab in the U.S. Food and Drug Administration for permission to start its phase 3 clinical trials, which it expects would conclude in the first half of next year. Though both countries already have several other approved vaccines made by companies like Pfizer […]
Many of the concerning predictions focus on the frothy valuations of stocks right now. There are plenty of assets that investors can own. The Federal Reserve revealed last week that it plans to taper off its purchases of bonds beginning this month. But as long as stocks offer better potential returns than bonds or other […]
Stocks rose last week, helping both the Dow Jones Industrial Average set new all-time records. The entertainment giant’s stock hasn’t participated in the 2021 rally, thanks to slowing growth in the Disney+ service and continued pandemic pressure on its theme parks and cruise ships. Its streaming service might have seen firming expansion trends, too, given […]