Meme-cryptocurrency Shiba Inu (SHIB) has lost more than 50% of its market valuation in three weeks since its all-time highs in late October. SHIB price dropped to as low as $0.00004251 on Nov. 19 after correcting by almost 55% from its all-time high of $0.00008854. Its price recovered a small portion of its losses on
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Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Jim Watson | AFP | Getty Images Jeff Bezos’ Blue Origin this fall raised its offer to cover NASA costs of an astronaut lunar lander by more
In this article M BABA BJ KSS WOOF 9618-HK Check out the companies making headlines before the bell: Macy’s (M) – Macy’s surged 8% in the premarket after the retailer reported better-than-expected quarterly sales and profit, and raised its full-year outlook. Macy’s earned an adjusted $1.23 per share for the quarter, well above the 31-cent
The La Jolla home of one of the most recognizable voices in sports broadcasting, the late Dick Enberg, has found a buyer for $7 million. Enberg and his wife, interior designer and philanthropist Barbara Hedbring, built the Mediterranean-style house in 2004, and she filled it with architectural pieces — many scoped out while on trips
Since buying the Tampa Bay Lightning in 2010, Jeff Vinik has looked to transform downtown Tampa. The NHL team has improved on the ice, winning the 2020 and 2021 Stanley Cups, and he has spearheaded a more than $3.5 billion real estate development. While Vinik told CNBC’s Diani Olick that he is “no commercial real
These Value ETFs should be a part of any core, long-term focused portfolio. Vanguard Value ETF: https://www.zacks.com/funds/etf/VTV/profile?cid=CS-YOUTUBE-FT-VID Schwab U.S. Large-Cap Value ETF: https://www.zacks.com/funds/etf/SCHV/profile?cid=CS-YOUTUBE-FT-VID SPDR Portfolio S&P 500 Value ETF: https://www.zacks.com/funds/etf/SPYV/profile?cid=CS-YOUTUBE-FT-VID Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Berkshire Hathaway: https://www.zacks.com/stock/quote/BRK.B?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID JPMorgan-Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Exonn-Mobile: https://www.zacks.com/stock/quote/XOM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us
During a contentious meeting of the Louisiana Bond Commission Thursday, J.P. Morgan Chase was disqualified from underwriting a $700 million bond refinancing due to unanswered questions about its gun policies. State Treasurer John Schroder and his staff announced the decision to recommend that Wells Fargo Corporate & Investment Banking underwrite the deal after he said
Nancy Pelosi said the US House of Representatives would press ahead with a vote on Joe Biden’s $1.75tn Build Back Better bill on Thursday night, after an independent government agency said the package would add $367bn to the federal deficit over the next decade. The Congressional Budget Office, which provides cost estimates for big legislation,
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It’s been over half a year since the crackdowns began in China and pressure from the top-down government is still being enforced. Most
The rapid population growth Idaho has experienced has transformed its metropolitan areas from small towns into fast-paced cities. The state managed that growth well enough on the fiscal side, by maintaining high reserve levels and taking budgetary actions when needed, to earn a Fitch Ratings boost to AAA. Fitch elevated Idaho’s issuer default rating from
(Click here to subscribe to the new Delivering Alpha newsletter.) Private equity is one of the few asset classes that’s been able to outperform even public equities during the bull market. And the sector is reaping the benefits of that outperformance with 529 firms in the space raising an aggregate equity volume of $1.4 trillion over a
Traders work on the floor of the New York Stock Exchange (NYSE) on October 25, 2021 in New York City. Spencer Platt | Getty Images Retailers are reporting this week. Here’s the good news: The consumer is strong, and retail balance sheets have dramatically improved. “I have been bullish for over a year,” David Berman, portfolio
In this article VSCO BBWI CSCO NVDA SONO Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Check out the companies making headlines after the bell: Nvidia — Shares of the chip stock gained about 3% in extended trading after issuing strong fourth quarter revenue guidance and beating on the top and bottom lines of
Bitcoin (BTC) and Ether (ETH) are testing psychologically important support levels at $60,000 and $4,000 respectively. Both these levels are critical to keep the uptrend intact in the short term. While the fall may scare off leveraged traders, Bitcoin whales seem to be viewing this dip as a buying opportunity. On-chain data shows that the
The hottest NFT on the market may not be an ape or sport’s highlight—but your mortgage. Indeed, mortgage lender LoanSnap recently announced they had minted the first NFT mortgages in existence, using their Bacon Protocol to wrap seven mortgage liens into tokens collectively worth $1.5 million. The benefits of such tokens, according to LoanSnap, are
In this article 136-HK 3333-HK An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — Indebted property developer China Evergrande is set to raise about $273 million by selling its remaining shares in film production and streaming company HengTen Networks, according to a filing released
There are a few different levels of account balances when it comes to trading. It can be helpful to have three separate accounts: one for an IRA, one for trading/day trading, and another for swing positions. How you manage your accounts is up to you, but there are a few guidelines. These guidelines may change
Tracey Ryniec and Kevin Cook take a look at two top Zacks Ranked stocks. Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID JPMorgan Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Teachers’ and judges’ unions and organizations argued Wednesday with the Puerto Rico Oversight Board about how the bankruptcy court must interpret a local law on pensions, with the outcome likely to determine the viability of the proposed Plan of Adjustment. The teachers and judges, through their attorneys, said Act 53 bars the board, if it
US President Joe Biden has called on the Federal Trade Commission to investigate whether the country’s biggest oil companies are engaged in “potentially illegal conduct” that is resulting in higher gasoline prices for Americans. In a letter to FTC chair Lina Khan, Biden said there was “mounting evidence of anti-consumer behaviour” in the market, noting