http://www.fotogestoeber.de/iStock via Getty Images This article was coproduced with Dividend Sensei. In recent weeks, we’ve had some exceptional economic data, and the stock market has certainly been reacting bullishly to the news. YCharts In fact, we just had our best weekly rally in almost a year, with stocks soaring 6%, REITs soaring 9%, and some…
Torsten Asmus Leading business development company, or BDC, Main Street Capital (NYSE:MAIN) investors have done well since the bottom from the massive fear-induced selloff that led to a capitulation in mid-October 2022. Based on a total return basis, MAIN has outperformed the S&P 500 (SP500) since my initial article in September last year. Notwithstanding the…
Oman disclosed a partnership of $300 million with Abu Dhabi’s Phoenix Group to establish a 150-megawatt crypto mining facility in collaboration with Green Data City. This month in August, the Sultanate of Oman announced some multi-million investments in its crypto mining operations in its recent attempt to embrace digital assets. Reportedly, Oman is pursuing a…
August saw the crypto industry lose around $24 million in virtual assets due to various hacks and exploits. On August 30, Ivan Bianco, a prominent blockchain gaming-focused YouTuber known for his channel “Fraternized Crypto,” faced a devastating loss of approximately $60,000 in cryptocurrencies during a live stream. This unfortunate incident occurred when he inadvertently revealed…
Turkish Finance Minister noted that work related to the crypto assets regulations is the final outstanding matter in order to achieve full compliance with FATF standards. Turkey’s finance minister has revealed the country’s intentions to introduce new crypto regulations, aiming to secure removal from the Financial Action Task Force’s “grey list” of nations lacking sufficient…
insjoy By William J. Luther The Federal Reserve’s Federal Open Market Committee (FOMC) voted to hold its federal funds rate target range at 5.25 to 5.50 percent on Wednesday. However, FOMC members also signaled that another rate hike is likely in the fourth quarter of this year. In the latest Summary of Economic Projections, twelve…
ollo/E+ via Getty Images Prologis, Inc. (NYSE:PLD), my personal favorite REIT, stands as the largest publicly traded REIT in the US, with a market cap close to $104 billion and the largest 7.07% holding in the Vanguard Real Estate ETF (VNQ). To put this into perspective, its market cap is three times larger than that…
Immutable intends to leverage the capabilities of its ecosystem to ensure that the joint effort with Ubisoft succeeds in affording players true digital ownership. Immutable, a leading Web3 gaming platform, has announced a significant partnership with video game giant Ubisoft. The collaboration is to create an innovative gaming experience based on decentralized blockchain technology. Ubisoft’s…
LukaTDB Introduction Since the turn of August, the stock of America’s largest RV retailer, Camping World Holdings, Inc. (NYSE:CWH), hasn’t been in a good way; admittedly, it’s not as though the broader markets or CHW’s peers from the consumer discretionary space have been shining lights during this period, but the level of drawdown seen at…
Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code. The Philippine Securities and Exchange Commission (SEC) has greatly increased its regulatory fight against the global crypto trading giant Binance. The SEC…