Gensler’s exchange rule proposal sparks concerns for DeFi and crypto platforms
Sep 26, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Gensler calls for updated exchange rules to cover evolving digital asset platforms. Crypto industry fears SEC’s proposal may burden DeFi platforms with compliance. Share this article In his address today at the US Treasury Market Conference, SEC Chair Gary Gensler reiterated the importance of regulatory changes to the definition of “exchange” and alternative […]
This Bubble Is Coming To A Street Corner Near You
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels The traditional retail model is in trouble.And it’s not just due to the rise of online options.There are simply too many stores selling the same exact items. It’s unsustainable.One of the most recent examples of this overabundance is Big Lots, which filed for bankruptcy earlier this month. Not only was it competing with […]
Jefferies Stock Falls After Strong Earnings: Time To Buy?
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Investment bank Jefferies Financial (NYSE: JEF) posted strong fiscal third quarter earnings, punctuated by significant year-over-year gains. However, the results fell short of analysts’ estimates, which caused the stock price to fall more than 2.5% Thursday morning shortly after the opening bell.However, the stock clawed back some of the losses as the morning wore on, […]
Why We Believe Gold Stocks Are The Hidden Opportunity In 2024’s Bull Market
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels On Tuesday, gold hit a new all-time high of $2,670 an ounce, continuing a remarkable rally that’s seen the precious metal gain over 27% since the start of the year. If 2024 ended today, it would mark the best year for gold since 2010, when the asset finished up nearly 30%. Despite the […]
The Economic Risks America And The World Can’t Ignore
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Andrew Brill welcomes renowned economist Daniel Lacalle, PhD, to discuss the unsustainable trajectory of the U.S. and major global economies, which are already experiencing a private-sector “hidden recession”. Lacalle, Chief Economist at Tressis, unpacks how massive government spending and loose central bank policies are inflating short-term GDP growth while creating long-term risks, including persistent inflation, […]
China Policymakers Go Full Throttle As The Atmosphere Buzzes
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash U.S. stocks soared on Thursday, clearing the runway for fresh record highs as investors basked in a wave of positive news. A trifecta of optimism ignited broader market gains: robust US economic data, Micron’s (MU) stellar earnings, and China’s ramped-up stimulus pledges. This cocktail of confidence keeps the bull market charging ahead, just […]
Wall Street More Bullish On Meta AI Following Connect Event
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pixabay During its Connect 2024 event that took place on Wednesday, Meta Platforms (META) unveiled its new low-cost mixed reality headset Quest 3S, introduced its prototype AR glasses Orion, and presented its new Llama 3.2 models. Wall Street welcomed the new updates on Meta AI, as well as the company’s VR and AR announcements, […]
Bitcoin eyes new high as China joins Fed with pandemic-level stimulus
Sep 26, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways China’s $140 billion stimulus could drive Bitcoin to surpass $70,000. Bitcoin’s technical breakout suggests a potential rally to new all-time highs. Share this article Bitcoin appears positioned for a potential rally following China’s recent announcement of a pandemic-level stimulus package. This development, alongside recent interest rate cuts by the US Federal Reserve, has […]
Commercial Real Estate Armageddon
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Alhambra teams discusses the truth about commercial real estate and whether it’s investable today.Video Length: 00:15:47More By This Author:Financial Market OutlookStock Valuations Vs Earnings Growth Fed Cut a Mistake?
Russell 2000 Earnings Dashboard 24Q2 – Thursday, Sep. 26
Sep 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Russell 2000 Aggregate Estimates and Revisions The 24Q2 Y/Y blended earnings growth estimate is 20.8%. If the energy sector is excluded, the growth rate for the index is 29.1%. Of the 1,815 companies in the Russell 2000 that have reported earnings to date for 24Q2, 60.1% reported above analyst expectations. The 24Q2 Y/Y blended revenue growth estimate is 0.5%. If the energy sector is excluded, the growth rate for […]