Investing
Bitcoin and other cryptocurrencies gained Tuesday as momentum for digital assets continued amid rising expectations that regulators will soon approve spot Bitcoin exchange-traded funds, a long-awaited catalyst for cryptos. The price of Bitcoin has risen 2.5% over the past 24 hours to near $28,450, holding firmly above a range around…
Key Takeaways Netflix is increasing the cost of their Basic and Premium plans in the US, UK and France The move comes as the company announce 8.8 million new users, driven partly by the crackdown on password sharing Netflix stock soared on the news, jumping over 16% after the earnings…
Chip stocks were under some pressure Tuesday as the U.S. said it would expand restrictions on semiconductor sales to China, though many names were paring losses as the session wore on. “As we implement these restrictions, we will keep working to protect our national security by restricting access to critical…
Last week in this column, I said it was time to buy. Today, we’ll clarify that timeline. Buy and hold forever? Nah. Not now. Maybe never again! To everyone that shook their head at this careful contrarian last week, thinking there is too much uncertainty in the world, well, I…
If you want to visit the bar proclaimed as the world’s best, you’d better book a trip to Barcelona. Sips, a watering hole in the Spanish city, was named the top drinking spot across the globe by the World’s 50 Best Bars organization. The announcement was made at a Tuesday…
The recent spate of headlines about the retail theft crisis implies that shoppers have suddenly gone rogue, on a crime spree ranging from cheating at self-checkout kiosks to those brazen smash-and-grab attacks. But a look behind the headlines suggests there is a problem but not really a crisis. Furthermore, it’s…
Shares of Tupperware Brands Corp. got a big boost Tuesday, after the food-storage container company replaced Chief Executive Miguel Fernandez after 3 1/2 years in the role, effective immediately. The company named Laurie Ann Goldman as CEO, to succeed Fernandez who was in the role since April 2020. Goldman was…
Earnings season has officially kicked off, with Big Tech headlining a busy week next week: Microsoft and Google report on Tuesday, followed by Meta on Wednesday, and Amazon on Thursday. Big Tech stocks have seen their dominance over the broader indexes soar this year, with the Magnificent 7 reaching nearly…
Rite Aid Corp.’s stock tumbled 55% Tuesday, falling to 30 cents, after resuming trade following a halt on Monday. The stock was halted after the company filed for bankruptcy amid mounting piles of debt-related to opioid lawsuits. The company’s bonds were also sold off heavily, as the following charts from…
Digital life after smart phones began this week. Settle in, it’s going to be a bumpy ride. Executives at Apple AAPL in June revealed Vision Pro, a new “mixed reality” headset. The ski goggles-like device is being dubbed as what comes next after the iPhone. Investors are likely to be…