While Biogen rides a big-cap rollercoaster, a few small players are creating better trading opps.
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It’s a big day for El Salvador this Tuesday, as the country’s new legal tender law will be enforced. A great number of bitcoin supporters have plans to purchase $30 worth of bitcoin to show support for the upcoming implementation of the bitcoin tender law. The $30 increment was conceived because Salvadoran president Nayib Bukele
Puerto Rico Gov. Pedro Pierluisi asked the bankruptcy judge to pause an Oversight Board suit against a law the board says would scuttle the Plan of Adjustment. Pierluisi’s lawyers filed the request with Judge Laura Taylor Swain Wednesday evening in an adversary proceeding part of the bankruptcy. The governor signed Act 7-2021, a law which
Bitcoin (BTC) began testing new support levels on Monday after an overnight rally paused at $52,000. Analyst: Bitcoin needs to keep $47,000 to avoid “breakdown” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD challenging $51,000 after breaking through the level for the first time in nearly four months. In so doing, the largest cryptocurrency
In this article IYG A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. Eduardo Munoz | Reuters August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid-19 delta
Best-selling mystery novelists Jonathan and Faye Kellerman are preparing to write a new chapter in Santa Fe, New Mexico, where for their custom home is on the market. The contemporary Pueblo-style dwelling is listed for $2.595 million. Perched on a ridge, the earth-tone stucco house sits on a nearly three-acre lot with views of the
The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic. During the pandemic, home prices have climbed at a record pace. The median price for an existing home reached over $363,000 in June 2021, a 23.4% year-over-year increase. “You can see in just basically the last 15 months or so, we’ve seen
In a prolonged low-interest-rate environment, many issuers may have paid little heed to arbitrage on bond proceeds. But that could change, and municipal advisors and bond counsel are staying vigilant on their clients’ behalf. “Declining interest rates make it generally easier to manage arbitrage,” said Adam Harden, partner at Locke Lord in Texas. “If an
A frantic summer of dealmaking has put 2021 on track to break records, with almost $4tn of deals already agreed since the start of the year, as companies rush to exploit cheap financing and bumper profits. There were $500bn of transactions globally in the usually quiet month of August, up from $289bn in the same
Stitch Fix reported some disappointing numbers for the quarter and the stock is under pressure.
Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.” In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD. Bitcoin price plays catch-up with metrics While Bitcoin has still not established $50,000 as firm support, on-chain
California received an outlook boost to positive from S&P Global Ratings as the state prepares to sell more than $2 billion of general obligation bonds. The deal will land the week of a Sept. 14 recall election targeting Gov. Gavin Newsom. But California’s surplus and budgetary changes that occurred after the 2008 economic crash will
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubling ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies
Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai. STR | AFP | Getty Images Check out the companies making headlines in midday trading. Didi Global — Shares of the Chinese ride-hailing giant climbed 3%, on pace for double-digit gains on the week amid a Bloomberg
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend. A “descending channel,” also known as a
Like nearly every industry, the Covid-19 pandemic has rattled the commercial real estate (CRE) sector. As businesses reopen, owners are being forced to make tough decisions, such as whether or not they should continue to rent office space. Consequently, landlords and other CRE investors may see a continued impact on their revenue stream. As experts
A crowd of supporters including elected officials, legal professionals and concerned neighbors gathered to attempt to stop an illegal eviction of a resident in Bushwick, Brooklyn during the State mandated moratorium due to the pandemic, August 8, 2020. Erik McGregor | LightRocket | Getty Images New York State lawmakers have voted to extend an eviction
Jennifer Fredericks joined Ice Miller LLP last month to take on the newly created role of director of business development for public finance. Fredericks left Bank of New York Mellon, where she was a vice president of business development for the corporate trust group, to take the Ice Miller position. At BNY Mellon she led
Seneca, the ancient Roman philosopher, got to the core of our troubles with time in a famous letter known by the title On the Shortness of Life. We complain about how little time we have, he observed — we feel hounded by its onward march and terrified to contemplate the day when our portion of
Steve Reitmeister shares details from a recent Zacks Rank performance study to help investors set realistic expectations.