A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet. The nonprofit organization 2B4CH aims to hold a national referendum to amend Switzerland’s constitution to require the central bank to hold Bitcoin. BREAKING: 🇨🇭Bitcoiners to launch a petition for Swiss…
chrispecoraro Initially, I intended to write this article after Gold Reserve Inc. filed its 2023 Annual Report, which based upon the release dates of its previous annual reports, will happen before the end of April. However, court documents that were filed today (April 17, 2024) have accelerated this timeline. Accordingly, all financial data about Gold…
polybutmono While most of the stock market has performed well in recent months, some segments have not kept up. Notably, the transportation industry has struggled with lower demand and, more importantly, significantly higher operating and input costs. That trend is evident from air travel to ground package transportation. Fundamentally, the cost of paying transportation operators…
Michael Vi The Federal Reserve pivot that everyone is waiting in 2024 has already done its magic on the stock market. Both the S&P 500 and the Nasdaq are flirting with all-time highs once again, and many of the growth stocks that were all the rage in 2020 and 2021 have greatly appreciated just in…
Scott Olson Retailers were awful earlier this year as rising rates crimped confidence from both consumers’ willingness to spend, and Wall Street’s willingness to believe consumers would spend. Inflationary pressures have had myriad impacts on retailers, but retail sales continue to buck conventional wisdom. That doesn’t mean retailers are out of the proverbial woods by…
Umnat Seebuaphan/iStock via Getty Images With over $426 billion in assets under management and incepted 30 years ago, the SPDR S&P 500 ETF Trust (SPY) is a highly popular passive fund that is trusted by many investors. However, after the fund gained nearly 19% for this year alone, the aim of this thesis is to…
zhengzaishuru Battalion Oil (NYSE:BATL) secured another $55 million in preferred equity commitments, allowing it to resume development activities. It has started drilling two Monument Draw wells, which are expected to come online in early 2024 and is also looking at additional locations. The additional preferred equity funds should also allow it to keep up with…
jetcityimage Introduction With so much uncertainty right now and investors unsure if the market will continue dropping, I think it’s a great time to get blue-chip stocks like Kroger (NYSE:KR) on the pullback. For the record, I’ve been holding the stock for a while now and have watched it come down recently from a high…
tadamichi By Tom Nelson, CFA, Head of Asset Allocation Portfolio Management, Franklin Templeton Investment Solutions; Miles Sampson, CFA, Lead Asset Class Analyst, Franklin Templeton Investment Solutions; and Spencer Walling, Research Associate, Franklin Templeton Investment Solutions While some stocks may seem expensive, there are areas of opportunity that feature attractive valuations and growth catalysts, according to…
Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months. A recent Reuters report has tipped Tesla Inc (NASDAQ: TSLA), the electric vehicle (EV) maker, as poised to see a major boost in its market capitalization. This follows after…
G0d4ather If the reaction to Broadcom’s (NASDAQ:AVGO) Q3 earnings report is any indication, many investors (and professional money managers) still don’t understand the company’s long-term strategy and its primary investment thesis. As a result, they appear to have been expecting a significant “AI boost” to Q3 results (and Q4) and, apparently, were disappointed when it…
Diy13 You work hard for decades, plan for retirement, save as much as you can, and reduce your spending so that when the time comes you can enjoy the golden years. There are many ways to save for retirement including investing in individual stocks, bonds, mutual funds, ETFs, CEFs, REITs, and BDCs, many of which…
Artit_Wongpradu Now that earnings season is virtually over, I’d say our energy stocks have emerged as market leaders and exhibited tremendous relative strength in an otherwise weak August market. I have often written that I do not like August, since it is a month too often characterized by light trading volume and some resulting trader…
Jozsef Soos Here at the Lab, we positively report Leonardo’s stock price performance (OTCPK:FINMF) (OTCPK:FINMY). Since our buy rating called “Now A Buy,” we recorded a total return of almost 70%, and we believe the company is still discounted. Our investment was backed by 1) a recovery in the Aerostructures division supported by Boeing, 2)…
Shiba Inu is gearing up for the mainnet launch of Shibarium scheduled ahead of this month at the upcoming Blockchain Futuristic Conference. Shiba Inu has become more than just a memecoin with developers working on several interesting projects aimed at expanding the Shiba Inu ecosystem. In order to further strengthen trust among SHIB users and…