Hello! Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Silvergate Capital Corp. shares SI, -57.72% closed down over 57% Thursday, after the crypto-friendly bank said in a regulatory filing Wednesday that it would not be filing its audited 2022 annual report on time and it is evaluating a series of events’ impact
Month: March 2023
In this article SBNY SI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Shares of Silvergate Capital plummeted Thursday after the bank delayed the filing of its annual 10-K report as it evaluates events that have happened since the end of 2022. The company, which provides banking services to crypto
In this article OKTA M CRM BOX SI SNOW DLTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Salesforce West office building in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Salesforce — Shares of the cloud software maker
Over the past few years, wagering on battery stocks has been a lucrative endeavor for stock market investors. Powered by the monstrous growth in the electric vehicles (EV) and renewable energy markets, these stocks have generated handsome returns for their investors. For instance, one of the leading exchange-traded funds in the niche, the Global X
Once one of the hottest electric vehicle stocks around, Lordstown Motors (NASDAQ:RIDE) has experienced a sharp price decline over the past two years. Trading at prices topping $30 per share in 2021, you can buy RIDE stock today for around $1 per share. So, with this sharp price drop, risk/return is highly favorable now, right?
“We’re all smiles today, but by no means are we out of the woods yet,” warned AMC Entertainment (NYSE:AMC) CEO Adam Aron on Tuesday’s Q4 earnings call. “Our success could literally vaporize in an instant if we misstep.” The 68-year-old Aron might as well have been talking about AMC shareholders. Prices of the meme stock
Oil futures settled Thursday at their highest in two weeks, supported by signs of improving demand in the U.S. and improving economic data out of China. Hot inflation readings, however, stoked expectations that global central banks will continue to tighten monetary policy aggressively, possibly setting the stage for a later economic downturn that could eventually
Preston Pysh talks with Jason Brett and Tyler Lindholm about the new Lummis-Gillibrand Bill that was recently submitted to congress to cover digital assets. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 – Intro 00:02:06 – How Tyler worked on some of the digital asset laws in Wyoming. 00:05:11 – How did some of those laws in
Let’s take a look at a butterfly options strategy on LOW (Lowes) and see how we would construct the trade and when we would get out of the options strategy. In this options strategy, we will go over the construction of the butterfly strategy as well as how we might trade it and why we
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In this article PLUG SPLK CELH BOX PSTG AEO OKTA SNOW CRM Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesforce — Salesforce shares popped more than 16%
With education AI stocks, artificial intelligence is transforming education, and revolutionizing the way we learn and teach. In fact, with AI, companies are able to personalize lessons for individual users. For example according to Forbes, “With the use of AI, learning can be tailored and adapted to every student’s individual needs, goals and abilities through personalized
Much as I had anticipated, shares in Lucid Group (NASDAQ:LCID) experienced a sharp drop, after the electric vehicle maker reported its latest quarterly results and updates to guidance on Feb. 22. On the trading day following the earnings release, LCID stock dropped by double-digits. Shares have stabilized since then. They have coughed back the remainder
Source: shutterstock.com/G-Stock Studio The S&P 500 has been struggling for upside and is now quietly down for three straight weeks. In the meantime, a number of hot stocks for tomorrow continue to report earnings and make key announcements as we head into March. Amid the recent pullback, several stock market warning signs have begun to
London Stock Exchange Group PLC LSEG, -2.42% said Thursday that pretax profit for 2022 rose on the back of lower costs and supported by positive progress across all divisions, and raised its dividend. The FTSE 100 stock-exchange and financial-information company reported a pretax profit of 1.24 billion pounds ($1.49 billion) compared with GBP894 million in
In this article AMC 9866-HK RIVN FHN MMM LOW Follow your favorite stocksCREATE FREE ACCOUNT The Lowe’s logo is displayed on the front of the store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Lowe’s — Shares fell 5.8% after the home improvement retailer’s fiscal
By buying these best growth stocks of companies exploiting huge, ongoing trends that will last for many years, investors can make a great deal of money over the long term. It sometimes takes these companies a long time to position themselves to exploit these trends, and their stock prices do not reflect their powerful, positive
Hedge fund managers sell certain stocks for a variety of reasons. Those reasons can include changes in the company’s financial performance, shifts in market conditions or investor sentiment, or changes in the fund’s investment strategy. There’s little difference between institutions and individuals in that regard. And like all other investors, if a company’s financial performance
This is an excerpt from Tom’s guest article in the InvestorPlace Digest e-letter. To sign up for this newsletter, please click here. Last week was a terrible, horrible, no-good week for stocks. Home Depot (NYSE:HD) and Walmart (NYSE:WMT) reported surprisingly downbeat guidance, and the Federal Reserve signaled more rate hikes to come. The Dow Jones
Snowflake Inc. is well positioned to beat expectations on product revenue for the latest quarter, according to some Wall Street analysts, but all eyes will be on the company’s outlook. After Snowflake’s SNOW, +0.34% management gave an initial forecast for 47% growth in fiscal 2024 product revenue on the company’s last earnings call in late