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Polkadot is an ethereum competitor that's gaining the attention of Wall Street
Michael Burry issued the warning in a series of tweets that have since been deleted.
Investors have known about the plan for months, but on Friday, GE said it will take place on July 30, after the market closes.
The multinational conglomerate General Electric Company (GE) announced the date for its 1-for-8 reverse stock split to be effective post-close of trading on July 30. The shares will start trading on a split-adjusted basis on August 2. Shares closed down 1.7% at $12.78 on June 18. Over the years, GE has gradually divested several businesses, including nearly all of GE Capital, without making any related alterations to reduce the share count. (See GE stock chart on TipRanks) Carolina Dybeck Happe,
Crypto markets face heavy selling pressure Monday, with the sector facing a bearish breakdown of trend.
In this article, we discuss the 10 best investments of billionaire Peter Thiel. If you want to skip our detailed analysis of Thiel’s history and performance, go directly to the 5 Best Investments of Billionaire Peter Thiel. Peter Thiel, the German-American entrepreneur who is one of the most successful investors in the United States with […]
In this article, we discuss the 10 best copper stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Copper Stocks to Buy Now. Copper is on track to become the new gold as the gap between supply and demand widens. According to a […]
Recent moves underscore the influence that large governments, like China and the U.S., hold over the price of bitcoin and other cryptocurrencies, experts say.
We’re halfway through the year, and while the markets have been volatile, investors are having a good time so far. The S&P 500 has gained 11% year-to-date, and the tech-heavy NASDAQ has gained 9%. With the Fed keeping interest rates at historic lows, stocks are offering better rates of return – and they are keeping ahead of inflation, as well. But while the overall markets are up, individual stock performance can and will vary. Which means that in the midst of a general rising trend, it’s still
In this article, we will take a look at the 10 best dividend stocks to buy according to billionaire Cliff Asness. You can skip our detailed analysis of Asness’s history, investment philosophy, and hedge fund performance, and go directly to 5 Best Dividend Stocks to Buy According to Billionaire Cliff Asness. Cliff Asness, hedge fund […]
Apple stock has been flat so far this year, but that could change, as Wedbush analyst Dan Ives sees a new phone announcement in late September.
Ashford Hospitality Trust (AHT) has agreed to sell up to 40.1 million shares of common stock to Seven Knots, LLC. The par value of shares is $0.01 per share and they may be sold from time to time during the term of the purchase agreement. Per the terms, the sale is to be completed over two years from the completion of all necessary formalities, including the filing of the final prospectus with the SEC. Additionally, Seven Knots is obligated to buy shares as Ashford directs. Seven Knots will be o
The telecommunications industry in the United States is currently going through a change, as telecommunication giants like AT&T and Verizon divest their non-core assets. These companies are increasingly focusing on the deployment of 5G networks. Using the TipRanks Stock Comparison tool, we will compare two telecommunication companies, At&T and Verizon, and see how Wall Street analysts feel about these stocks. AT&T (S&P 500 :T) AT&T is a global provider of telecommunications, media and technology
In this article, we will take a look at the 10 best alternative energy stocks to buy now. You can skip our comprehensive analysis of these companies, and go directly to the 5 Best Alternative Energy Stocks to Buy Now. The global alternative energy industry has steadily gained traction, with more people attempting to implement […]
(Bloomberg) -- Exxon Mobil Corp. is preparing to reduce headcount at its U.S. offices by between 5% and 10% annually for the next three to five years by using its performance-evaluation system to suss out low performers, according to people familiar with the matter.The cuts will target the lowest-rated employees relative to peers, and for that reason will not be characterized as layoffs, the people said, asking not to be identified because the information isn’t public. While such workers are typ
(Bloomberg) -- Tiny oil company Torchlight Energy Resources Inc. saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze.The Plano, Texas-based company jumped as much as 74% to $10.88 a share on Monday before paring some gains. Torchlight, which has a market capitalization of about $1.2 billion, is the second-biggest gainer on the Nasdaq this year. At the end of the first quarter, its market value was about $266 million.In December,
"Compared to the amount of miners that get shipped regularly, it's just a small batch," a mining source told CoinDesk.
Cisco is well-positioned to benefit from an expected acceleration in enterprise tech spending. Evercore ISI research analyst Amit Daryanani sees shares reaching $100.
Billionaire hedge-fund investor Ray Dalio says the Federal Reserve might find itself in a jam where it can't significantly tighten policy “without having a big, negative effect” on sensitive financial markets.