Daily Trade

Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency lending platform. Bitcoin  BTCUSD, -13.61%  has slumped around 12% over the past 24 hours, last trading at levels not seen since late 2020 of around $24,228, with a low in that
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Suffice it to say that Utah-headquartered Black Rifle Coffee (NYSE:BRCC) isn’t a run-of-the-mill coffee-shop chain. The company is ambitious and unique, with its focus on constitutionally protected freedoms. If you’re on board with the company’s vision and can handle some risk, then BRCC stock may be worth considering. Mainly, the risk comes from Black Rifle Coffee’s
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U.S. companies continued to adjust their net income numbers in 2021 to exclude billions of dollars worth of items, according to a new report from financial data provider Calcbench. Just a few years after a Securities and Exchange Commission crackdown on the overuse of nonstandard accounting metrics, companies in the S&P 500 index resumed the practice in
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Politicians don’t have a great reputation, especially these days. But some of them have had a good run with investing in stocks. This is a hot topic now because they have so many conflicts of interest. Their jobs most likely offer them unfair insider advantages, even if they don’t set out looking for them. Today,
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U.S. stock-index futures sank Sunday after Wall Street’s worst week since January. Dow Jones Industrial Average futures YM00, -0.67% fell more than 200 points, or 0.6%, late Sunday, while S&P 500 futures ES00, -1.06% and Nasdaq-100 futures NQ00, -1.62% posted declines of more than 1%. Prices of bitcoin and other cryptocurrencies also slid over the
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Bitcoin and other cryptocurrencies tumbled on Sunday as losses for the asset class built over the weekend following U.S. data that showed persistent inflation pressures. Bitcoin BTCUSD, -4.03% dropped more than 3% to $27,429, with Ethereum falling more than 3% to $1,471, while sharper losses were seen for meme coins such as Dogecoin DOGEUSD, -8.55%,
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Netflix, BlackRock CEOs Among Those Newly Sanctioned by Russia A handful of prominent American CEOs, including BlackRock’s Larry Fink and the bosses at Delta Air Lines, Netflix and Universal Pictures, have landed on a fresh list of sanctions Russia has imposed in retaliation for econo… Jun. 7, 2022 at 11:52 a.m. ET by Ann M.
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When Carnival Corporation (NYSE:CCL) reported Q1 results, it seemed like there are multiple positives for CCL stock. Sustained growth in bookings and reduced cash burn are some factors worth mentioning. However, Carnival stock didn’t respond as anticipated. The stock has continued to trend lower and has corrected by 41% so far in 2022. Even after
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The Biden administration will use funds from the infrastructure law to try to standardize for all users the 500,000 electric-vehicle charging stations the president has pledged, the White House announced Thursday. Without strong standards, chargers would be less reliable, may not work for all cars, or lack common payment methods, and they’ll be accessible no
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Desperate times call for desperate measures. Indeed, yesterday, rumors broke that Netflix (NASDAQ:NFLX) may make a bid to acquire Roku (NASDAQ:ROKU). Ostensibly, a deal between the two makes no sense. Netflix is a streaming service provider. Roku is an aggregator platform of multiple streaming services. That’s not a synergistic match. But nonetheless, Roku stock popped
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Dear Quentin, My father-in-law has health issues. While he is not quite ready for a nursing home, that may be a necessity in the near future. He has state retirement benefits and a very small Social Security check.  My mother-in-law operated an at-home daycare service, caring for a couple of children. Therefore, she has no
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These six tech stocks are what insiders are buying now. That indicates they are very positive about the long-term prospects of the company. In addition, a number of these companies have recently instituted or upped their share buyback programs. These are both strong indications that insiders, including the board — who would have made the
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These stocks signal a potential rise in prices. There is unusual call option activity in their shares, often associated with an upcoming higher price. This is a very simplistic and rough tool. A more accurate indication of value would be a fundamental analysis of the company’s finances. One example would be a falling inventory line
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The House committee probing the Jan. 6, 2021 attack on the U.S. Capitol kicked off a prime-time hearing Thursday with searing charges against Donald Trump, painting a portrait of the former president at the center of a conspiracy to overturn the 2020 election. Trump, charged Rep. Bennie Thompson, the Mississippi Democrat who leads the Jan.
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Once a problem confined to just one continent, Monkeypox is spreading and threatens to become a global issue. Since the United Kingdom first reported a confirmed Monkeypox case on May 7, many more cases have been reported in countries where the virus hasn’t been originally known to be present. Nearly 800 cases have been detected
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Vanguard has just dropped its annual blockbuster survey of all the millions of retirement plans it manages, called How America Saves, and it’s pretty astonishing reading — as usual. Bottom line: The average reported balance is dismal. Ignore the headlines, which say the “average” American worker has a 401(k) balance of $142,000. This is merely
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