Category Archive: Cryptocurrency, No picture
Elon Musk eyed for Trump advisory role, WSJ reveals
Donald Trump is considering Elon Musk as his policy adviser in case he wins the US presidential run this year, as reported by The Wall Street Journal. This means that Musk could be an adviser on economic and border security issues, given the tech mogul’s potential to exert “formal input and influence” in these domains.According […]
Salesforce Q1 Revenue Jumps 11%: Stock Is Still Taking A Hit
Image Source: Unsplash Salesforce reported its financial results for the first quarter today. Here’s what its CEO Marc Benioff said in a press release on Wednesday. Salesforce stock is down close to 20% in after-hours trading. Salesforce Inc (NYSE: CRM) is slipping in extended trading on Wednesday even though it reported better-than-expected EPS for its […]
Bearish Signs Are Emerging Across The Market
Image Source: Unsplash Several indicators are pointing to a more risk-off environment forming in the market.Video Length: 00:08:28More By This Author:Is Nvidia Worth 35x Times Sales, History Says No Stocks Face Another Tough Week Of Important Inflation DataThe Market Is Thinking About Fed Rate Hikes
Which Central Banks Are Selling Gold?
Image Source: Unsplash Central bank gold buying has been a significant factor in the yellow metal’s spectacular run-up to new record highs. But with its recent small correction downward, it’s a good time to look at which central banks are selling — and why.Gold vs USD, 1-Month Chart sourceFor one, Thailand has been selling the gold top […]
Is ConocoPhillips A Buy After The Big Acquisition?
Image Source: Unsplash A mega-merger of two major oil companies was announced Tuesday, as ConocoPhillips (NYSE: COP) agreed to acquire Marathon Oil (NYSE: MRO) in an all-stock deal worth $22.5 billion. The acquisition is now pending shareholder and regulatory approvals.It is the third major acquisition in the oil industry in the past year, as ExxonMobil (NYSE: XOM) bought Pioneer, and Chevron […]
Rep. Tom Emmer: ‘Gary Gensler has been the worst thing for the SEC’
In a recent conference presentation at Consensus, Rep. Tom Emmer (R-MN) expressed his views on the current state of crypto regulation and the role of the Securities and Exchange Commission (SEC) under the leadership of Gary Gensler. Emmer, a strong advocate for the crypto industry, criticized Gensler’s approach, stating, “Gary Gensler has been the worst […]
Grains Report – Wednesday, May 29
Image Source: Unsplash WheatGeneral Comments: Wheat was higher in all three markets on adverse world growing conditions. Russian analytical services cut production estimates over the weekend to between 80 and 82 million tons, from over 85 million previously. There were no more reports of frosts and freezing temperatures in Russian growing areas. It has also been […]
5 Top-Ranked Stocks Powering Nasdaq’s Rally To The 17,000 Mark
Image Source: Unsplash The Nasdaq Composite Index hit a series of record highs and closed above the 17,000 milestone for the first time ever. Solid corporate earnings, artificial intelligence (AI) boom, and rate cut bets have been driving stocks higher. In particular, Nvidia’s blockbuster earnings spread huge optimism in the stock market along with the global […]
Ripple invests $25 million in pro-crypto campaign for 2024 US elections
Ripple announced today an additional $25 million donation to Fairshake, a super PAC championing pro-crypto candidates in the 2024 elections. This doubles Ripple’s previous $25 million contribution, reinforcing its commitment to a pro-innovation political climate in the US. “Our contributions to Fairshake are just one of the many ways Ripple will actively invest in educating […]
What Is Adjusted EBITDA? Here’s How The Largest Cannabis Companies Compare
Image Source: Pexels What Is Adjusted EBITDA?EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, represents the cash profit generated by the company’s operations. Adjusted EBITDA figures remove non-recurring, irregular, and one-time items that may distort the EBITDA to make the resulting adjusted EBITDA more accurately and more easily comparable to the EBITDA of other companies […]
