“Uptober” is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through “Upvember, Upcember” and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish. Uptober, Upvember,
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In this article TSLA CNBC’s Jim Cramer expressed wonderment Monday at the continued strength in Tesla‘s stock — up about 50% in the past month and roughly 200% in the past 12 months. “Tesla is actually a phenomenon we have to talk about,” Cramer said on “Squawk on the Street,” before the opening bell on
Former hedge fund manager Nelson Saeirs’ paintings visually represent the volatility trading algorithms he used on Wall Street. This one is titled, “The VIX over 40.” A reading in the VIX volatility index over 40 has historically preceded huge market losses Source: Nelson Saiers If there ever was a year active management should have outperformed
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Franklin Resources — Shares of the asset manager jumped 12% after the company reported better-than-expected quarterly earnings. Franklin
If you’re thinking about selling your home, you probably already know that inventory has never been lower. For the first time in nearly 15 years, you—the seller—are back in driver’s seat. That doesn’t mean you should hike up the price and be greedy, but you do have an advantage over other sellers whose homes sat
zxvisual | iStock | Getty Images Like many other renters during the pandemic, Trish DaCasta nabbed an apartment that she normally couldn’t afford. The upgrade was a big one: She was able to leave the place she’d been sharing with roommates for more than five years for a studio of her own in a luxury
In the wake of the recent announcement that a public pension plan invested $25 million in digital assets, some industry analysts believe that high levels of exposure to volatile cryptocurrency could be cause for concern. The Oct. 21 purchase was made by the $5 billion Houston Firefighters Relief and Retirement Fund (HFRRF) in partnership with
Jes Staley is to step down as Barclays chief executive following a regulatory investigation into the way he described his relationship with Jeffrey Epstein. In a statement on Monday, Barclays said that it was made aware of the results of the investigation from the FCA and PRA on Friday and that: “In view of those
Two Bitcoin mining giants are duking it out for cheap electricity in the tiny town in Texas. Both Bitdeer, a mining firm that spun out from Chinese giant Bitmain, and Riot Blockchain, one of leading publicly traded Bitcoin mining firms in the United States, are operating data centers hosted at a former aluminium smelting facility
Mesirow has taken the first steps in what will be a multi-year effort to expand its presence in Florida and across the Southeast. After having one of the most successful fiscal years in its 84-year history, the firm announced on Thursday that it would build up its offices in the region by hiring more staff
Strauss Zelnick, CEO of Take Two Interactive. Adam Jeffery | CNBC The third-quarter earnings season has come with plenty of stunning beats — and a few notable disappointments. Investors now face a daunting question: Which companies will carry their success into subsequent quarters? For instance, Tesla has been leading the pack on the green tidal
In this article ZEN CVX MNTV XOM NWL CL Check out the companies making headlines before the bell: Chevron (CVX) – Chevron gained 2.1% in the premarket after posting its highest quarterly profit in 8 years amid surging energy prices. Chevron earned an adjusted $2.96 per share for the third quarter, beating the $2.21 consensus
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the
Palm Springs is known as one of the most historically significant cities in California. Famous for its beautiful mid-century modern architecture, it’s a go-to destination not only for the warm weather and fabulous hotels, but also for some of the most interesting and unique sightseeing the state has to offer. A true design lover’s dream,
The Great Lakes are often called the nation’s third coast, and the past five years in the region have been the wettest on record. While the lakes don’t exactly correlate to rising sea levels, Chicago now sits in just as precarious a position as oceanfront cities. Heavier rainfall and more frequent droughts are now causing
The Build Back Better legislation unveiled by the White House yesterday not only failed to include municipal market priorities but may also hurt demand for muni bonds by institutional investors. The bill features a new 15% corporate minimum tax that would apply to the adjusted financial statement income for corporations with more than $1 billion
G20 leaders have sealed a deal to end international financing of coal power in a boost ahead of the opening of the COP26 climate summit. Leaders at a G20 summit in Rome agreed to end financing for coal-fired power plants overseas by the end of this year, according to the final text of their communiqué.
Ryan McQueeney highlights two “sin stocks”—Vector Group (VGR) and Constellation Brands (STZ)—that present mixed-yet-unique investment possibilities for dividend-focused investors.
The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he is holding ether because he believes
The Municipal Securities Rulemaking Board plans to request comment on its Rule G-27 related to dealer supervision in the next month. That and a number of other issues were discussed during the MSRB’s quarterly board meeting this week. “As part of our commitment to prudent and practical regulation, we are focused on a retrospective review