Tony Anderson April 22nd ended up being a really interesting day for shareholders of Quanex Building Products (NYSE:NX). This is because the company, which focuses on the production and sale of components for OEMs (original equipment manufacturers) in the building products industry announced a rather major acquisition. This move will significantly increase the size of…
jir Introduction Mastercard (NYSE:MA) is the world’s second largest payments network behind its rival Visa (V). Mastercard has near universal merchant acceptance with over 100 million acceptance locations globally. The firm is the consummate compounding stock, with a ten-year total return CAGR of 21.5%. The firm’s core payment network growth has slowed to a high-single…
Justin Sullivan March 28th ended up being a really interesting day for shareholders of home improvement retailer The Home Depot (NYSE:HD). After the market closed, the management team at the business announced a massive acquisition. According to the press release issued regarding the deal, the company has agreed to acquire SRS Distribution, a privately owned…
This article was written by Follow I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.I began seriously investing for dividend income…
ninitta/iStock via Getty Images Is China Literature Ltd. (OTCPK:CHLLF) (0772.HK) on track to become the Disney of China, at least when it comes to animation? It took a step in that direction earlier this month when it announced its purchase of the comics and animation unit of its parent, Tencent (OTCPK:TCEHY) (0700.HK) for 600 million…
DNY59 The KKR Income Opportunities Fund (NYSE:KIO) is a closed-end fund, or CEF, that specializes in generating a very high level of income for its shareholders. The fund certainly manages to accomplish this task fairly well, as its 12.15% current yield is very competitive with similar funds offered by other alternative asset managers: Fund Current…
The demand for BTC is expected to skyrocket once a spot exchange-traded fund ETF is approved by the US SEC. A yet-to-be-identified buyer has acquired 11,268 Bitcoin (BTC) between November 10 and now. The purchase, which is worth a total of $424 million, has also made the buyer the 74th largest holder of Bitcoin, per…
This article was written by I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.I began seriously investing for dividend income around…
Musk’s alterations to content policies have resulted in a considerable drop in advertising revenue. Elon Musk‘s social media platform ‘X,’ formerly known as Twitter, has taken a sharp downturn, currently valued at less than half of what he initially invested in purchasing the company a year ago. According to a Bloomberg report on Tuesday, citing…
The tool will use AI to provide users with information on goods around them through the Klarna app by simply pointing their phones at items. Swedish fintech startup Klarna has launched an image recognition tool powered by artificial intelligence (AI). Using AI, Klarna wants to help people identify goods they would like to purchase. The new AI…
The reason for the surprise was that the average sale price for CrypToadz is typically under $1,000, making the sudden hundredfold increase in value in a short period of time seem questionable to experts. On October 9th, an anonymous crypto user bought a CrypToadz NFT on the popular NFT marketplace OpenSea for a shocking price…
Walmart has broadened the shopping experience for its customers in the metaverse as it merges purchases in the physical and virtual worlds. American multinational retail corporation Walmart Inc (NYSE: WMT) plans to expand its metaverse strategy by allowing its customers to buy physical versions of items available for virtual home purchases. Users can now purchase the items…
With the infusion of assets and insights from Didi, Xpeng is seizing the opportunity to develop an affordable electric car under a new mass market brand, codenamed “MONA”. Renowned Chinese electric car manufacturer XPeng Inc (HK: 9868) has witnessed its shares rise to 13% within hours of announcing its intention to acquire Didi‘s smart electric…