Category Archive: Cryptocurrency, No picture
Bitcoin set to hit six figures amid growing whale accumulation and supply constraints: Bitwise CIO
Key Takeaways Bitcoin’s potential to reach six-figure prices is supported by increased whale accumulation and ETF demand, among other factors. Institutional investments in Bitcoin are growing rapidly, with US Bitcoin ETFs logging over $20 billion in less than ten months. Share this article Bitwise CIO Matt Hougan predicts that Bitcoin will reach six-figure prices as […]
3 Shareholder Yield Stocks For Growth And Dividends
Dividends are the most common method that a company can use to return capital to shareholders. However, there are additional ways for companies to create value for shareholders. In addition to dividends, share repurchases are also an important part of a healthy capital return program. Also, debt reduction should be welcomed by investors as paying down […]
AI Can Cure Baumol’s Cost Disease – But Only If We Want It To
Image Source: Unsplash Some sectors of the economy have costs that rise faster than in other sectors. This simple insight and its implications lead to concern about the cost of government services as well as the survival of the arts. Artificial intelligence is one tool that can help us overcome the problem.The economist William Baumol is […]
Inflation Nation 2
The Dow/Gold ratio was 20 three years ago. It is 16 today; stocks have lost 20% of their real value. They need to lose another nearly 70% from here (in gold terms) before they are real bargains.MarketWatch: Gold futures top $2,700 an ounce, on track to settle at a record high Gold futures climbed above […]
American Express Reports Third Quarter Results With $3.49 EPS, $16.6 B In Revenue
Image Source: Unsplash In the third quarter of 2024, American Express (NYSE: AXP) showcased a robust financial performance, reporting a net income of $2.51 billion, or $3.49 per share. This marks an increase from the previous year’s net income of $2.45 billion, or $3.30 per share, reflecting a year-over-year growth of 6% in earnings per share (EPS). The company’s […]
Volvo’s Q3 Earnings Fall Short: Stagnant Demand Raises Alarm For Future Growth
Swedish truck manufacturer AB Volvo has reported a larger-than-anticipated decline in quarterly adjusted earnings and is predicting stagnant demand for the coming year, reflecting a notable shift in market conditions.Reduced freight and construction activity have constrained vehicle sales, contributing to this downturn.After a record surge in 2023, driven by a post-pandemic recovery, the truck market […]
Bitcoin Price To $95,000? Here’s What Needs To Happen First
The Bitcoin price has now broken above the $68,000 mark amid a run of a 12% price increase in the past seven days. However, analysis says the Bitcoin price will not stop this surge anytime soon. According to a detailed analysis posted on TradingView, a well-known crypto analyst has shared insights suggesting that Bitcoin is on track to climb even higher […]
Elliott Wave Technical Analysis: Adani Power – Friday, Oct. 18
Image Source: Unsplash ADANI POWER – ADANIPOWER (1D Chart) Elliott Wave Technical AnalysisFunction: Counter Trend (Intermediate degree, orange)Mode: CorrectiveStructure: Potential Impulse within Larger Degree ZigzagPosition: Minute Wave ((iii)) NavyDetails: Minute Wave ((iii)) Navy is progressing lower within Minor Wave 1 against 800. A break below 580 would accelerate towards 490-500 zone.Invalidation point: 800ADANI Power Daily Chart Technical Analysis […]
Procter & Gamble Reports Mixed First Quarter Results With $21.7 Billion In Net Sales
Image Source: Unsplash The Procter & Gamble Company (NYSE: PG) reported its fiscal year 2025 first-quarter results, revealing a mixed performance. The company’s net sales stood at $21.7 billion, marking a 1% decrease compared to the previous year. However, the organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, showed a 2% increase.This […]
Visualizing Forty Years Of Health Insurance Cost Inflation
The Consumer Expenditure Survey (CEX) now covers forty years worth of data for how Americans households spend money.That data includes how much the average “consumer unit” surveyed by the U.S. Census Bureau spends on health insurance, which like many other things in the economy, has seen significant cost inflation over the past four decades.The following chart shows […]
