(Bloomberg) -- Follow @crypto Twitter for the latest news.Bitcoin jumped above $39,000 after Elon Musk said Tesla Inc. would resume transactions with the cryptocurrency when mining is done with more clean energy.The electric-car maker will allow Bitcoin transactions again “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,” Musk, Tesla’s chief executive officer, said in a tweet.His posting was in reply to a report in Cointelegraph, which cited
There is also possibility for a broad valuation reset lower for stocks in the months ahead. Few stocks meet my criteria for selection today. Now I want to first look back and then look forward (and expand upon Monday's views) in light of the calendar and the near culmination of the first six months of the year, and the launch of my new hedge fund, Seabreeze Capital Partners LP later this month.
Buying a stock is easy, but purchasing the right stock without a proven strategy is incredibly hard. Here are the best Robinhood stocks to buy now.
With President Biden about to unleash a potential trillion-dollar spending spree on green infrastructure, ESG investors could see opportunities in the years to come
Workers are deciding to take on new jobs and careers as the economy rebounds, spurning a return to business as usual. Some are burned out from extra pandemic workloads and stress, while others prefer the flexibility of remote work.
(Bloomberg) -- Trying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole, bewildering analysts and investors alike.While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit icon GameStop Corp. jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record
Prices of the world's No. 1 crypto on Sunday trade sharply higher after digital-asset bull Elon Musk says Tesla would resume allowing transactions at the vehicle-maker's stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on five names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Workhorse Group Inc. recently was downgraded to Sell with a D rating by TheStreet's Quant Ratings.
A flurry of bearish catalysts for Tesla (TSLA) stock appear to be piling up. Investors who have bought and held this stock over the past decade have seen absolutely insane returns. The question of whether Tesla has grown to a size that doesn’t make sense anymore is a topic of conversation for many investors. At this point, the company has been valued at just shy of $600 billion. (See Tesla stock analysis on TipRanks) For investors on the fence with Tesla, it pays to be aware of some bearish cata
A Texas hospital system’s mandatory COVID-19 vaccination policy for employees can stand after a federal judge on Saturday dismissed a closely watched lawsuit from workers refusing to get the shot.
FCX stock, Vale and other mining stocks on this weekend's watch list have formed new bases, working on buy points or early entries.
(Bloomberg) -- If the meme-stock mayhem were a movie -- and by all accounts it will be -- we’re now at the scene where the protagonists, after pulling off their first big mission, fight about what to do next.Emboldened by their initial success, the more daring would be anxious to ride again while the weather-worn veterans advise caution and, somewhere in between, a few characters can’t decide which side they’re on.That scene is playing out now on the 10 million-member WallStreetBets forum, where
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
Let’s talk about growth stocks. These are stocks that have shown strong and sustained share price appreciation, sometimes ranging into triple-digit gains over the course of a year or more. In short, these are stocks that make investors say, “If only I’d bought in when…!” There’s no point dwelling on the past. A savvy investor, aiming to build a growth-oriented portfolio, will set up a profile for a solid growth stock, and look to match it. The factors to look for: that strong appreciation we men
There are two ticker symbols for Alphabet Inc. on the NASDAQ stock exchange:?GOOG?and GOOGL. The short answer is a stock split, but a longer answer is an attempt by the co-founders of Google, Sergey Brin, and Larry Page, along with company chair Eric Schmidt, to retain as much control of the company as possible. It's those B shares that are still in the possession of Brin, Page, Schmidt and a few other directors.
When someone dies, their survivors have much to handle, including the deceased's taxes. Here's an overview of inheritance taxes and how to file a final return.
We all want to get in on the next big winner in a given sector. The question of whether JD.com (JD) could be the future of e-commerce in China and eventually dethrone Alibaba (BABA) is an intriguing one. After all, JD is a hyper-growth play in a sector that’s growing rapidly. China’s e-commerce market is absolutely massive, with the country accounting for more than half of all global e-commerce sales. In fact, China’s e-commerce market is more than three times larger than that of the United Stat
Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions. The sale could be for part or all of Shell's position in the U.S. Permian Basin, located mostly in Texas, which accounted for around 6% of the Anglo-Dutch company's total oil and gas output last year. Shell declined to comment.
Apple, Microsoft and Google are in bases, but which is the most promising? To be a big stock market winner, be a small loser.
Several top law firms have given their youngest lawyers pay raises after a year of record-breaking profits and competition to retain their workforce.
The move by the Thai SEC is just the latest action by the regulator as it works to provide a framework for crypto in the kingdom.
(Bloomberg) -- Washington Prime Group Inc., a real estate investment trust that operates enclosed malls and strip centers across the U.S., filed for bankruptcy after the Covid-19 pandemic curtailed in-person shopping.The Chapter 11 filing in Houston will allow Washington Prime to continue operating while it seeks to implement a restructuring agreement that it reached with certain creditors, according to a board resolution filed with the bankruptcy petition. The company, which estimated its asset
G7 leaders have reached consensus on the need for a shared approach to China selling exports at unfairly low prices and to human rights abuses, a senior official in the U.S. President Joe Biden's administration said on Saturday. The official, speaking on condition of anonymity, said the leaders of the Group of Seven world's largest advanced economies had also agreed on the need to coordinate on supply chain resilience to ensure democracies are supporting each other. "I would say there was unanimity in terms of a willingness to call out human rights abuses and violations of fundamental freedoms that invoke our shared values," the official said.