Originally posted on Medium. In the context of bitcoin, “normie” means something like “don’t know, don’t care.” And “normie” comes from “normal.” In other words, normal people don’t care about bitcoin, at least not enough to use it. Lack of exposure is not the problem. Bitcoin now regularly appears in the headlines of mainstream media,…
Today, stablecoin issuer Tether announced a significant award of $100,000 to the BTCPay Server Foundation that underscores Tether’s strong backing for the Free and Open Source Software (FOSS) movement, emphasizing its commitment to advancing digital payment solutions, the company stated. JUST IN: Tether donates $100,000 to BTCPay Server so it can continue working on enabling anyone…
BalkansCat/iStock Editorial via Getty Images The big news for Warner Bros. Discovery (NASDAQ:WBD) is that management found a cushion that, so far, the market could care less about. But that rather significant cash cushion (that I discussed when management found it) has made the transition of these assets to a formidable competitor far easier. It…
ronniechua By Bradley Krom If you only focused on the returns of the MSCI Emerging Markets (EM) Index, you’d think EM was dead money. If you looked at the MSCI Emerging Markets Ex-China Index, you’d basically be at breakeven over the last two years. But if you look at the WisdomTree India Earnings Fund (EPI),…
Critics argue that El Salvador’s Bitcoin experiment was premature, highlighting the country’s struggles in achieving the ‘Bitcoinization’ of its economy. El Salvador’s foray into the crypto market has been nothing short of controversial, marked by a $117.5 million Bitcoin (BTC) investment that recently pitched on the edge of profitability. President Nayib Bukele’s persistence in the…
tadamichi Over the 40 years through 2021, Chief Financial Officers (CFOs) became hyper-focused on rewarding shareholders with stock buybacks, dividends, and mergers and acquisitions, often financed with debt. This period was one of declining interest rates, culminating in near-zero government bond yields during the COVID-19 pandemic. Now, after the Federal Reserve raised the federal funds…
Lana2011/iStock via Getty Images It is tough to make money in the REIT space and it is even harder to do so when you are really built for a low interest world. Farmland Partners Inc. (NYSE:FPI) though, has got the right idea here and is working through its interest rate pains in the most methodical…
nopparit By the end of 2022, I called Parsons (NYSE:PSN) not a very defensive stock, as investors priced in benefits (to the business) from increased political tensions, and related to that increased defense spending. Sales momentum was improving, yet earnings growth felt a bit lackluster, which quite frankly made me cautious. The earnings growth materialized…
Saudi Arabia and Chinese universities to work on AceGPT, an Arabic-focused AI system based on Meta’s LlaMA2, designed as an AI assistant for Arabic speakers. Every big country on the planet has been spearheading efforts to build new artificial intelligence (AI) systems. Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) has joined forces…
Pavel Muravev Introduction One of the most debated topics concerning investing recently is whether Environmental, Social, and Governance, known as ESG, is a good investment strategy to follow. Even if results say yes, one could ask legitimately whether that is due to the ESG screening or just the massive inflows into ESG funds. This article…
As JPMorgan’s CEO has stated, the company has already found more than 300 use cases for AI. The applied AI initiatives include virtual assistants, anomaly detection, news analytics, quantitative client intelligence, smart documents, intelligent pricing, and more. On Monday, JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon had an interview with Bloomberg TV where he…
Today, Bitcoin only exchange, Swan Bitcoin, welcomed NBA Champion Matthew Dellavedova to its team as Vice President of Business Development, according to a press release sent to Bitcoin Magazine. Dellavedova is most well known for his illustrious professional basketball career and achievements in the NBA, including an NBA Championship in 2016 with the Cleveland Cavaliers…
According to those familiar with the matter, the new AI system developed by Meta will allow companies to develop services that produce sophisticated text, analysis, and other output. Meta Platforms Inc (NASDAQ: META) is reportedly developing a new open-source AI system that is expected to be more powerful and advanced than the GPT-4 model offered by…
Olivier Le Moal/iStock via Getty Images 2023 has so far been very good for Legend Biotech (NASDAQ:LEGN). Carvykti’s uptake has improved in the second quarter and the company continues to generate positive clinical data in multiple myeloma patients that I covered in the previous article when the ASCO abstract leaked and showed very strong CARTITUDE-4…
Securing this license would mean that TikTok would be directly competing with big e-commerce companies like Shopee and Lazada in Southeast Asia. Short video platform TikTok’s parent company ByteDance is recently in the early stages of discussions in order to secure a payment license in Indonesia. This shall further help TikTok to bolster its e-commerce…
On Tuesday, Uber released its Q2 2023 earnings report, posting a profit for the first time in its history. For the quarter that ended on June 30, Uber reported $9.2 billion in revenue, which is 14.3% higher compared to last year. Uber Technologies Inc (NYSE: UBER) has reportedly started developing an AI-powered chatbot that will…
andreswd/E+ via Getty Images (This article was co-produced with Hoya Capital Real Estate) Introduction With Large-Cap stocks like those held by the SPDR S&P 500 ETF (SPY) performing so well, why worry about gaining exposure to Mid- or Small-Cap stocks is a valid question. Recent history does not match long-term history is one reason; another…