Category Archive: Finance, No picture
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 […]
Softs Report – Wednesday, May 29
Photo by Marianne Krohn on Unsplash CottonGeneral Comments: Cotton was higher yesterday on a weaker US Dollar that created new demand ideas. Trends turned up on the charts on speculative buying. The weekly export sales report showed much improved sales last week. Wire reports indicate that speculators were covering short positions. There are also some […]
Ripple’s institutional DeFi could unlock Bitcoin ETF collateral value: Ripple CTO
During Consensus 2024, Ripple’s Chief Technology Officer David Schwartz discussed the untapped potential of DeFi on the XRP Ledger (XRPL) for institutional use. Schwartz pointed out the current limitations faced by Bitcoin ETF holders when seeking loans, with brokers valuing these assets at zero due to volatility concerns. “You know how much brokers value bitcoin […]
Bursting The Myth: Understanding Market Bubbles
Image Source: Pexels It’s important for investors to distinguish between market bubbles and regular market cycles. Market cycles are driven by fundamental economic factors and are an inherent aspect of market dynamics. In contrast, a market bubble is marked by unsustainable price increases unsupported by underlying fundamentals. When the bubble bursts, prices crash, causing significant […]
7% Yield And Consistent Dividend Growth
Image Source: Unsplash An attractive yield plus solid dividend growth is a surefire strategy for building investment income and wealth. Energy midstream stocks offer a hard-to-beat combination of yield and dividend increases for investors who want to follow this strategy.Energy infrastructure/midstream companies are split pretty evenly between those organized as Master Limited Partnerships (MLPs) and C-corporations. […]
