Investing
Large cryptocurrencies were mixed during morning trading on Wednesday, with Uniswap Uniswap USD seeing the biggest move, climbing 8.70% to $5.50. Bitcoin Bitcoin USD led the decreases with a 1.28% drop to $36,372.00. Four other cryptocurrencies saw increases Wednesday. Ethereum Ethereum USD rose 1.92% to $2,024.36, and Solana Solana USD……
A lot happened to artificial intelligence pioneer wizard Sam Altman, recently. But for me mostly it demonstrated how his bosses knew little about leadership. First let’s recap the basics of what happened over the past few days. First, Altman was a cofounder of OpenAI, a leading company in the development…
Lowe’s Cos. shares fell about 3% Tuesday, after the home-improvement retailer missed revenue forecasts for the third quarter and lowered its guidance, warning that consumers favor experiences over goods for now. The company’s bonds also saw net selling on the news, although they have held up well over the past…
Seriously. Alerian MLP ETF (AMLP) pays a dividend that is now a sizzling 8.2% (read: eight-point-two). Plus, the fund raises its payout regularly. It dishes 12% more today than it did twelve months ago! As a result, AMLP is so popular that investors keep the price up! Seriously, check out…
Pay no attention to the headlines this week on how retailers’ Black Friday sales are going. History teaches us that these initial sales reports are only randomly related to how retail company stocks perform from Thanksgiving until the end of the year. You might as well flip a coin. This…
Key News Asian equity markets were mixed on light volumes as Nvidia’s earnings results and the company’s mention of US government restrictions on chip exports weighed on tech stocks in the region. One should assume that the stockpiling of chips has been occurring, which could diminish future sales in my…
Nvidia has surged this year with 241% gains YTD, which has more than doubled the returns of the FAANGs. This is no small feat considering it’s widely understood Big Tech is holding up the broader market. Valuations are stretched and leadership is only narrowing; to say there’s pressure going into…
Oil futures climbed Thursday, shaking off data that pointed to weak Chinese consumer demand to finish higher after a two-day drop that left crude at its lowest since mid-July.Price actionMarket drivers Oil-market fundamentals do not point to an impending supply crisis, though risks of supply disruption are still higher than…
Some change is slow. Living wage, defined as sufficient to afford a decent standard of living for the worker and his or her family in a particular place, has a storied intellectual history. Plato and Aristotle wrote about the concept of a living wage without defining it, medieval theological Thomas…
By Josh Beckerman Collective Audience shares were recently up 40%, to $3.17, on Friday, with an intraday range of $1.86 to $3.45, after five consecutive double-digit declines that followed a blank-check company merger. Abri SPAC I said Nov. 2 that it completed its combination with digital marketing business DLQ, which…