SoFi Technologies, Inc. (NASDAQ:SOFI) stock fell Friday after the company disclosed the pricing of its public offering of 54.5 million shares at $27.50 each. Details With this, the company plans to raise around $1.5 billion in gross proceeds before underwriting discounts, commissions, and other offering expenses. SoFi also granted underwriters a 30-day option to buy […]
‘We Are Not Bitcoin Traders, We’re Bitcoin Investors,’ Says Strategy CEO Fong Lee
Strategy (NASDAQ:MSTR) CEO Fong Lee is doubling down on the company’s long-term Bitcoin (CRYPTO: BTC) vision, clarifying its treasury tactics and why selling BTC remains the last resort. What Happened: Months after hinting on a podcast that Strategy might unload Bitcoin to fund dividends if its market net asset value ever dropped to parity, the […]
Baidu To Rally More Than 69%? Here Are 10 Top Analyst Forecasts For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan raised Cipher Mining Inc (NASDAQ:CIFR) price target from $12 to $18. JP Morgan analyst Reginald Smith upgraded the stock from Neutral to Overweight. […]
Trump’s 50-Year Mortgage Plan Draws Default Warning from Moody’s
President Donald Trump‘s proposal to introduce 50-year mortgages could pose significant financial risks for both homeowners and lenders, according to Mark Zandi, the chief economist at Moody’s Analytics. Longer Terms, Higher Financial Risks In an interview with Newsweek, Zandi pointed out that borrowers opting for a five-decade loan would struggle to accumulate equity, with most payments in the initial decade going toward interest rather […]
Nuclear Revival Fuels Supply Fears, Industry Insider Warns
Uranium industry insiders are getting more vocal about an incoming potential shortage. As energy consumption ramps up, partially to satisfy the newfound hunger of data centers, the sector might struggle to keep pace in the 2030s. With half of the decade still to go, the market has time to prepare, but the window for decisive […]
Emirates And flydubai Lock In Long-Term Deals With GE Aerospace
GE Aerospace (NYSE:GE) on Monday disclosed two major deals with well-known airline operators of the UAE. Emirates Deal Emirates inked a deal for 130 GE9X engines to power 65 more Boeing 777‑9 jets. Notably, Emirates placed its third order for Boeing’s 777X aircraft on Monday, which includes 65 777‑9 passenger jets. The agreement with GE […]
Taiwan Semiconductor’s Germany Chip Plant Moves Forward with Full Support from Taiwan
Taiwan strongly backs Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) first European chip plant, former president Tsai Ing-wen said on Tuesday during a visit to the fab site in Dresden, Germany. Tsai said Taiwan believes in the Dresden project as deeply as it believes in Taiwan Semiconductor itself after European Semiconductor Manufacturing Co. president Christian Koitzsch welcomed […]
Top 3 Consumer Stocks Which Are Preparing to Pump in November
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a […]
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Tesla Bull Urges Investors To Do Their Own Research: ‘…CEOs Are Paid To Be Optimistic…’
December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
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