bjdlzx Occidental Petroleum (NYSE:OXY) earnings elicited a big yawn from the market. Then again, many times, cost-cutting when commodity (and corresponding stock) prices are in the “yawn” range does not get a reaction from Mr. Market until they head back up again. For investors, doing your homework now on the long-term cost progress is likely…
BlackRock’s spot Bitcoin exchange-traded fund (ETF) is poised to make its debut in Brazil tomorrow, according to a report from the largest financial market news platform in Brazil, InfoMoney. The launch follows the announcement by BlackRock that the Brazilian Depositary Receipts (BDRs) of its iShares Bitcoin Trust ETF (IBIT39) will begin trading on B3, Brazil’s stock exchange,…
The Chicago Board Options Exchange (CBOE) has declared on their website that VanEck, Fidelity, and ARK 21Shares Spot Bitcoin Exchange-Traded Funds (ETFs) will officially commence trading starting tomorrow. The CBOE’s announcement signifies a major milestone in the quest for regulated and direct exposure to Bitcoin through ETFs, allowing both institutional and retail investors a pathway…
sasha85ru/iStock via Getty Images Investment Thesis LendingClub Corporation’s (NYSE:LC) Q3 results saw the company’s key performance indicators continue to worsen. Notably, not only are its revenue growth rates leaving a lot to be desired, but more importantly, its Return on Asset metrics are clearly progressing in the wrong direction. I remain steadfast in my stance…
marketlan Co-authored by Treading Softly There’s a classic saying that sometimes “it’s better to be lucky than smart.” This can feel exceptionally true when you’re fighting against the grain. When it came to the mortgage-backed securities market in 2008, Michael Burry, among others, recognized that the commonly accepted logic wasn’t correct. They actively bet against…
baona Overview The US dollar is trading with a firmer bias against all the G10 currencies ahead of today’s August US CPI report. Even increased speculation that the ECB will hike rates tomorrow has failed to lift the euro, while a larger than expected contraction in the UK’s July GDP pushed the sterling briefly through…