Update: Shareholders voted to accept the deal later on September 13, 2022. Twitter shares stayed fairly flat throughout the day. Shareholders of Twitter Inc. (TWTR) are poised to vote in favor of accepting the $44 billion bid by Elon Musk to acquire the social media company. Complicating the matter, Musk has tried to rescind his
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Preston Pysh interviews Lawrence Lepard about the dramatic change in financial markets. They cover the decline of the dollar’s global reserve status among many other current events. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:01:10 – What market indicators are surprising Lawrence the most right now? 00:01:46 – The battle between deflation and inflation.
Purchasing a stock that’s being pumped up by hype is going to give you a recipe for disaster. Pump & Dump Concept What does the Pump & Dump concept mean to you when it comes to your trades? More importantly, what does Pump & Dump mean? It means that a group, entity, or person is
It’s amusing that we’re all looking for the best metaverse stocks to buy a mere 30 years after the obscure term entered the lexicon. In 1992, author Neal Stephenson coined the term “metaverse,” which envisioned an immersive digital world that would one day leave its fiction-based origins. Few would’ve predicted that the sci-fi concept would
Wall Street enjoyed a relief rally during the summer. However, over the past month investors’ sentiment has once again changed. As a result, Americans are increasingly focused on picking stocks to sell while they brace for more volatility ahead. The S&P 500 has lost 16.5% in 2022. Meanwhile, the Nasdaq 100 index is still in
Financial behemoths Charles Schwab, Citadel Securities, and Fidelity Digital Assets have collaborated on launching a bitcoin and cryptocurrency exchange. According to a press release, the trio has merged to form a cryptocurrency exchange named EDX Markets (EDXM). Key Takeaways Fidelity, Charles Schwab, Citadel, and Fidelity have teamed up to launch the first-of-its-kind cryptocurrency exchange. The
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There’s no denying it: people love Apple (NASDAQ:AAPL) products. They’re willing to pay top dollar for them, yet Apple made a savvy move in not raising the price of its least expensive new iPhone model. Furthermore, Apple has new, feature-rich products besides the iPhone 14. Sensible investors can continue to hold AAPL stock with confidence.
For a third week, the top nationwide rates for certificates of deposit (CD) have remained flat. With the next Fed rate announcement just over a week away, every CD term started out this week with the same top rate as last Monday. On July 27, the Federal Reserve hiked the federal funds rate for the
“Time is on my side, yes it is.” If you’re of a certain age the message sings to you. But the stock market doesn’t heed those words, and truly strong opportunities to boost long-term returns are fleeting. Moreover and pairing the two, right now Wall Street is offering the best retirement stocks for Gen-Z investors
Europe is paying a high price for its dependency on Russian gas. The Kremlin, seemingly in retaliation for being hit with sanctions after invading Ukraine, has been steadily cutting off supply of this crucial substance used to heat homes, generate electricity, and power industry, leading energy bills across Europe to become very expensive. Key Takeaways
In this article RENT CVNA Onur Dogman | Lightrocket | Getty Images Check out the companies making headlines in midday trading Tuesday. Meta – Shares of Meta slid almost 8% as the overall market fell Tuesday. The company’s bet on Reels is facing hurdles — Instagram users are spending less than one-tenth of the 197.8
“Sitting idle” aptly describes what’s going on with Lucid Group (NASDAQ:LCID) stock right now. Although it has moved higher in recent days, shares in the early-stage electric vehicle maker remain rangebound, moving between $15 and $20 per share. In the short term, this could continue. While shares in established EV maker Tesla (NASDAQ:TSLA) may soon
While crypto assets like Ethereum (ETH) have been receiving most of the attention due to the upcoming upgrade called ‘The Merge‘, the Bitcoin network itself has been getting some headlines. First, the top cryptocurrency showed signs of a breakout and then dropped to $20,000 on September 13, indicating a volatile week. Second, despite huge losses
I believe that the meme stock rallies we’ve seen play out in recent years aren’t likely to become commonplace. Therefore, finding the next big meme stock isn’t necessarily easy. The sorts of short squeezes and parabolic moves that have proliferated really defied the rules of theoretical finance. Seeing some of these rallies play out, by
The Labor Department’s latest update on the Consumer Price Index (CPI) on Tuesday showed consumer inflation rose in August, as prices for most goods continued to climb. Headline inflation rose 0.1% in August, following an unchanged reading in July as costs for food, shelter, and medical expenses rose, while energy costs declined. Prices were up
Based in California, Roblox (NYSE:RBLX) provides gamers with a fun, immersive and interactive platform. This might sound like a high-potential niche market to invest in. However, it appears that some overeager folks are trading RBLX stock as if it’s a video game. It’s definitely not a game, and investors should check Roblox’s financial metrics before taking
Dividend Rate vs. Dividend Yield: An Overview Dividend-paying stocks are very popular with investors because they provide a regular, steady stream of income. Companies that experience big cash flows, and don’t need to reinvest their money are the ones that normally pay out dividends to their investors. Dividend-rich industries include companies in the healthcare and
The National Federation of Independent Businesses (NFIB) Small Business Optimism Index for August came in at a reading of 91.8, slightly beating expectations of 90. However, the index remains near a decade low as small businesses try to navigate historic inflation, labor shortages, and supply chain disruptions. August is the eighth straight month the index was below the 48-year
In this article 7974.T-JP OTLY RENT Check out the companies making headlines before the bell: Rent the Runway — Shares dropped 22% after the fashion rental company said it’s laying off 24% its corporate workforce. Additionally, Rent the Runway said it’s cutting $25 million to $27 million in fixed costs to deal with an uncertain