XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure
Nov 22, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways XRP’s price surged 25% amid speculation of reduced SEC enforcement post-Gensler. Pantera anticipates fewer SEC lawsuits and possible dismissals after Gensler’s departure. Share this article Ripple’s XRP token rose by 25% on Friday to above $1.4, maintaining its upward trajectory after SEC Chair Gary Gensler announced his term will officially conclude on January […]
American Express Co DCF Valuation: Is The Stock Undervalued?
Nov 22, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, American Express Co (AXP). ProfileAmerican Express is a global financial institution, operating […]
3 Dividend Aristocrat Utilities To Power Your Portfolio
Nov 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Dividend longevity is a highly desirable trait for income investors, and for good reason. Companies that have proven to stand the test of time, including competitive headwinds, recessions, and other threats to earnings, typically afford investors the ability to accrue significant wealth over time. Most companies cannot meet these strict requirements for dividend longevity, […]
The Market Is Betting On A New U.S. Manufacturing Boom
Nov 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash After spending decades dismantling and exporting American industries, the folks in D.C. are suddenly all about bringing them back. And they’re having some success, to be sure.From where I’m standing, the market agrees. In fact, it looks like this trend is only going to accelerate. Industrial stocks, as tracked by the Industrial Select […]
Bitwise files Form S-1 for spot Solana ETF with SEC
Nov 21, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitwise has filed an S-1 registration statement with the SEC for a Solana ETF. Bitwise joins VanEck and 21Shares in the race to launch a Solana ETF. Share this article Crypto asset manager Bitwise has officially submitted a registration statement on Form S-1 to the SEC for its Bitwise Solana ETF. The move […]
Starbucks Stock: Exploring Partnerships In China
Nov 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Starbucks Starbucks Corporation (Nasdaq: SBUX) is exploring strategic partnerships for its Chinese operations amid declining demand in major markets, including the U.S. and China. The company confirmed on Thursday that it is assessing options, following a Bloomberg report suggesting Starbucks might sell a stake in its Chinese business to local investors, such as private […]
Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump
Nov 21, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Charles Schwab plans to offer spot crypto trading as US regulations ease, likely under President-elect Donald Trump. Incoming CEO Rick Wurster supports Schwab clients engaging with crypto but stated he does not plan to invest personally. Share this article Charles Schwab is preparing to offer spot crypto trading once US regulations become more […]
Momentum Begets Momentum: Why This Rally Has Room To Run
Nov 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Newton’s First Law of Motion states that an object in motion stays in motion unless acted upon by an outside force.Watching the market’s momentum lately reminds me just how right both Newton and Bill were.Today, I’m going to teach you exactly how to make money in this type of market — using the […]
Could The Rapid Growth Of AI Boost Gold Demand?
Nov 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Could the Artificial Intelligence (AI) revolution boost gold demand?According to a report by the World Gold Council, the answer is yes.Gold’s excellent conductivity and its malleability make it an important component in the manufacture of electronic devices. Gold can be formed into extremely thin wires, making the metal ideal for use in small […]
Trump Media files trademark application for a crypto payment service called TruthFi
Nov 21, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Trump Media filed a trademark application for a crypto service called TruthFi. The company, reportedly in talks to acquire Bakkt, signals expansion beyond Truth Social into crypto markets. Share this article Donald J. Trump’s social media company filed a trademark application for TruthFi, a proposed crypto payment service that includes financial custody services […]