Emir Hoyman/iStock via Getty Images Fundamentals Persistent inflation pressures persisted in March, throwing a wrench in the Federal Reserve’s plans to start lowering interest rates in June and sparking doubts about whether they can do so this year without signs of the economy slowing down. According to the Labor Department’s report on Wednesday, the Consumer…
Afry Harvy U.S. stock markets ended the year strong after the Fed held interest rates steady, prompting revised expectations and signaling lower interest rates in 2024. Domestic stock markets changed little during the recent period between Index selection dates (December 14, 2023, to January 10, 2024, the “Period”). U.S. domestic markets ended 2023 on a…
Arturo Holmes Listen below or on the go on Apple Podcasts and Spotify Iger and Peltz face off in Disney annual shareholder meeting. (0:20) March payrolls seen up by 200,000. (1:13) Microsoft and OpenAI to build Stargate supercomputer. (4:04) The following in an abridged transcript of the podcast: The top stories to look out for…
Kira88 Fundamentals Let’s take a deeper look in the fascinating world of gold and how it interacts with the economy, shall we? You know, gold isn’t just a shiny metal; it’s like your trusty sidekick in the financial world, especially when inflation starts creeping up. Picture this: while your regular cash might lose its value…
BackyardProduction/iStock via Getty Images Last April, I started Crown Castle (NYSE:CCI) with a “Hold” rating, saying that while its small cell business could be a nice growth differentiator, that it faces headwinds in 2025 from the T-Mobile (TMUS) and Sprint merger. The stock is about breakeven since then, compared to a 16% gain in the…
tadamichi The iShares U.S. Treasury Bond ETF (BATS:GOVT) is a pretty high-duration ETF that will be sensitive to the situation of speculated rates across the yield curve, and how the Fed signals its upcoming prevailing rate policies. We are still careful with duration, but are actually more concerned about moderate-duration fixed income compared to long-duration….
Sinenkiy/iStock via Getty Images The race for the White House intensified last week as Donald Trump won the Iowa caucus with 51% of the vote, handily beating rivals Ron DeSantis and Nikki Haley. This was followed by second-place winner DeSantis suspending his campaign, leaving only Trump and Haley, the ex-president’s former ambassador to the United…
Artur Didyk/iStock via Getty Images Thesis Devon Energy (NYSE:DVN) has had it rough lately, down 8% to start the year after being down over 30% in 2023. I have written several bullish articles on DVN over the course of 2023 and the stark difference in price performance between it and peers is puzzling. To challenge…
Dragon Claws Is inflation finding a bottom? The past 18 months have seen significant development be made on the inflation front. And haven’t risk assets enjoyed it. On a year-over-year basis, no matter which CPI or PCE measure you choose, inflation is down significantly from its peak. However, the fight against inflation is not yet…
The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP. In a recent filing dated January 11, 2024, the US Securities and Exchange Commission (SEC) has requested specific documents from Ripple Labs Inc as part of the ongoing legal proceedings…
In 1997, history was written when the IBM supercomputer Deep Blue defeated reigning world chess champion Garry Kasparov. Humanity had sent its greatest warrior, a Russian, who had been world champion for a record number of years. Garry was no one day fly, he was the best in all history. At the same time, during…
JuSun Investment Thesis There are multiple ETFs that aim to achieve consistent returns while offering low volatility. Invesco’s S&P 500 Low Volatility ETF (NYSEARCA:SPLV) is one popular fund that works to achieve this objective. While SPLV has both strong holdings and demonstrates low volatility, there is another low volatility ETF that is more attractive for…
Zhao’s guilty plea stems from accusations that Binance violated the Bank Secrecy Act by knowingly allowing US customers on the platform without conducting proper KYC and AML checks. In a recent development in the legal saga surrounding Binance Holdings Ltd‘s former CEO Changpeng ‘CZ’ Zhao, prosecutors are intensifying efforts to keep him within the United…
Market experts are convinced the settlement between Binance and the US government is a bullish event for Bitcoin and the altcoin industry with spot ETFs anticipated anytime soon. The forced stepping down of former Binance Holdings Ltd CEO Changpeng Zhao which accompanied a $4.3 billion fine among other settlement agreements, has turned out to be…
With Cardano and Dogecoin engaged in a tight battle, here’s a look into what each of these coins are up to in the near term. The altcoin space has been buzzing with activity over the past few weeks and currently, both Cardano (ADA) and Dogecoin (DOGE) have been engaged in a tight battle for the…
While the path forward for FTX remains uncertain, the exchange appears to be taking steps to recover from recent turbulent times. The once-dominant cryptocurrency exchange FTX is endeavoring to set a new course following its bankruptcy last year, which was marred by allegations of fraud and mismanagement. Recent court proceedings have shed light on FTX’s…
Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place. Over the last year, multiple firms in the crypto space have engaged with regulators on different issues. These companies have been boldly questioning the regulatory stands against crypto…
The below is a piece from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Binance, one of the world’s largest cryptocurrency exchanges, has seen several difficult months of various legal…
Justin Paget Introduction Peloton Interactive’s (NASDAQ:PTON) meteoric rise in the fitness industry during the pandemic has collided with the winds of change in a post-pandemic world. Once celebrated as a symbol of the at-home fitness revolution, Peloton achieved a peak market cap of nearly $50 billion. However, as the world reopened and people returned to…
High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices. The European Central Bank (ECB) has announced its 10th consecutive hike in its main interest rate. This decision has catapulted the Central Bank’s main deposit facility rate from -0.5% in June 2022 to…
The funds will be used by the comapny for international expansion across continents to capitalize on significant market demand. Popular Israeli fintech company ThetaRay, known for its cutting-edge AI-based transaction monitoring and screening solution, Sonar, has secured $57 million in a funding round. The announcement, made on Tuesday, revealed that the fresh round was led…
In the lawsuit, Schiermeyer accused co-founder Thurston of moving GALA tokens from wallet under Gala Games’ control to 43 different wallets. Co-founders of blockchain gaming platform Gala Games have engaged in a legal battle over two separate lawsuits filed in the court. One of the co-founders alleged the theft of $130 million worth of Gala…