Investing
Someone once said, “Success is not about being liked; it’s about being effective, about doing what needs to be done even if it ruffles feathers along the way.” My firm, The Edge Consulting Group analyzes investments that are slightly off the beaten path and mostly undiscovered. Back in 2010, we…
Shares of T2 Biosystems Inc. extended their losing streak to two days Wednesday despite the biotech clinching regulatory approval for a key diagnostic test. In a statement Tuesday, T2 Biosystems TTOO announced that it has received 510(k) clearance from the FDA for its T2Biothreat panel. The panel is a direct-from-blood…
When you look at the below chart you can see why even the U.K. government is starting to be scared the U.K. London Stock Exchange is going to dwindle into nothingness. A current advertising campaign by the LSEG (London Stock Exchange Group) is even foreshadowing this by saying it is…
Shares of Keurig Dr Pepper Inc. KDP were flat Wednesday after the company named Tim Cofer as chief operating officer and announced he will succeed Chief Executive Bob Gamgort in the second quarter of 2024. Gamgort will serve as executive chairman of KDP after the transition. Cofer, who is CEO of Central…
Kindly MD Inc., a Salt Lake City-based non-traditional medical treatment data company, plans to go public, according to a filing with the Securities and Exchange Commission late Wednesday. The company said it plans to offer common stock and tradeable warrants that trade on the Nasdaq under the ticker symbols “KDLY”…
Bitcoin and other cryptocurrencies rose Wednesday ahead of the Federal Reserve’s latest move on monetary policy. With traders having piled into bullish bets ahead of the central bank’s interest-rate decision, crypto markets could be primed for volatility. The price of Bitcoin has advanced less than 1% over the past 24…
Why do retirees, near-retirees and others seeking stability typically invest only in U.S. bonds — whether they be U.S. Treasury bonds or corporate bonds? (Municipal bonds, for their tax breaks, are a special case.) Why are bonds that are issued in developed foreign countries — like Japan or Germany or Great…
A fundamental imbalance exists between Wall Street “buys” and “sells.” For example, how should an investor interpret a recent upgrade of DoorDash stock and the downgrades of both Dropbox and PayPal Holdings?Logically, the ratings downgrades are probably a bad omen for Dropbox DBX and PayPal Holdings PYPL, but DoorDash’s DASH…
By Jiahui Huang Nio’s Hong Kong shares fell in early Asia trading on Wednesday, following an overnight drop in U.S.-listed depository shares after the Chinese electric-vehicle maker said it would raise US$1 billion via an issuance of convertible bonds. Shares traded in Hong Kong and Singapore were down 13% and…
KB Home shares declined in the extended session Wednesday even after the home builder reported results that topped Wall Street estimates, hiked its revenue forecast for the year and reported steady demand amid rising mortgage rates. KB Home KBH shares slid more than 2% after hours, following a 0.7% decline…