Category Archive: Finance, No picture
Walgreens Invites A Rube Goldberg Buyout Plan
Cartoonist Rube Goldberg designed fantastical machines to complete simple tasks through tortuously convoluted mechanisms. Buyout shop Sycamore Partners might take his contraptions as a model, judging by a Wall Street Journal report that it’s in talks to acquire Walgreens Boots Alliance. The struggling $8 bln drugstore is buried under a $36 billion morass of debt, leases and […]
Potential Shift To AI Sends Bitcoin Miner’s Stock Up 10%
Image Source: Unsplash Shares of Riot Platforms (Nasdaq: RIOT) were moving higher Friday after the news broke that the Bitcoin mining firm could be expanding operations into AI data centers.The Wall Street Journal reported Friday that Starboard Value, an activist investor, had recently taken a significant stake in Riot Platforms, the largest U.S. Bitcoin miner in the U.S. by number […]
The Market Is Breaking Bad
Image Source: Unsplash It’s not looking great for the bulls – not that I’m complaining. Divergence continues to grow – weekly gains for the Nasdaq, losses for the Dow 30 and S&P 500.The advance/decline line of what’s going up versus what’s going down continues to decline. The usual suspects in the Magnificent Seven were dead today […]
24 Information Technology Companies With Strong Value Fundamentals
Information TechnologyToday’s video on Information Technology companies is another in the continuing series of videos where we are looking for value in each of the 10 major sectors as reported by Standard & Poor’s. This particular video is going to be on the Technology Sector. We are looking for value in Information Technology companies because […]
Nasdaq expected to announce MicroStrategy’s inclusion in Nasdaq-100 today
Key Takeaways MicroStrategy is likely to be included in the Nasdaq-100 index, pending its classification as a technology company. ETFs tracking the Nasdaq-100 may need to buy MicroStrategy shares if included, impacting its stock trading. Share this article Nasdaq is expected to announce its annual reconstitution of the Nasdaq-100 index today, which could result in […]
BiT Global sues Coinbase over unfairly delisting wBTC while allowing PEPE, WIF to trade
Key Takeaways BiT Global has sued Coinbase for unfairly delisting wBTC to promote its own cbBTC. Coinbase is accused of violating antitrust laws and misleading statements regarding wBTC standards. Share this article BiT Global has initiated a lawsuit against Coinbase, alleging the exchange unfairly delisted wrapped Bitcoin (wBTC) to promote its own competing product, Coinbase […]
AskSlim Market Week – Friday, Dec. 13
Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 00:49:42More By This Author:AskSlim Market Week – Friday, Nov. 29 AskSlim Market Week – Friday, Nov. 22 AskSlim Market Week – Friday, Nov. 15
VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025
Key Takeaways VanEck forecasts Bitcoin reaching $180,000 in 2025, with the US potentially adopting it as a strategic reserve. The firm highlights Ethereum, Solana, and Sui as top-performing assets, alongside growth in AI agents, tokenized securities, and stablecoins. Share this article VanEck predicts Bitcoin will soar to $180,000 in 2025, driven by a maturing market […]
Fed signals one more rate cut in December, CME tool shows 96.9% probability
Key Takeaways The Federal Reserve is likely to implement a quarter-point rate cut in December with a 96.9% probability. Bitcoin has remained resilient and maintains trading levels above $100,000 amid monetary policy changes. Share this article The Federal Reserve is expected to implement a quarter-point rate cut at its upcoming December meeting, lowering the benchmark […]
Trump team weighs options to eliminate key financial oversight regulator
Key Takeaways Trump’s team is considering restructuring financial regulatory bodies, potentially eliminating the FDIC. Major changes to federal bank regulators would require congressional approval, which is historically difficult to obtain. Share this article President-elect Donald Trump’s transition team is exploring a major restructuring of financial regulatory agencies, including potentially abolishing the Federal Deposit Insurance Corporation […]
