BloombergA Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about An Expensive Stock – but This Analyst Still Loves It
Finanace
Miner Freeport-McMoRan’s Shares Offer Rich Lode of Opportunity
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or recommendations of Barron’s. Some of the reports’ issuers have provided, or hope to provide, investment-banking or other services to the … [Read more...] about Miner Freeport-McMoRan’s Shares Offer Rich Lode of Opportunity
Solid Insider Buying Puts These 2 Stocks in Focus
Investors are constantly on the lookout for new opportunities. There are different ways to unearth a gem - from keeping a tab on the pros’ recommendations to watching technical indicators to tracking hedge fund activity. Another option is to follow in the footsteps of the corporate insiders.These are the company directors and officers whose positions give them greater depth and … [Read more...] about Solid Insider Buying Puts These 2 Stocks in Focus
Biden’s plan to make nice with Big Oil
BloombergA Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came(Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had … [Read more...] about Biden’s plan to make nice with Big Oil
Google, Microsoft, Qualcomm Protest Nvidia’s Acquisition of Arm Ltd.
Google, Microsoft, Qualcomm Protest Nvidia’s Acquisition of Arm Ltd. … [Read more...] about Google, Microsoft, Qualcomm Protest Nvidia’s Acquisition of Arm Ltd.
GE has nearly halved its U.S. workforce in 3 years, with more job cuts likely
General Electric Co. stock is certainly in recovery mode, as it has more than doubled off its 2020 lows, but part of those gains have come at the expense of the industrial conglomerate’s workforce. In a 10-K filing with the Securities and Exchange Commission on Friday, GE GE, +2.05% said it employed a total of about 174,000 people globally at the end of … [Read more...] about GE has nearly halved its U.S. workforce in 3 years, with more job cuts likely
Disney stock dips after earnings as analyst asks: ‘How many times can investors get paid for the same thing?’
For a company exposed to many of the areas hit hardest by the pandemic, Walt Disney Co. has seen its stock hold up well, thanks largely to the company’s progress in streaming video and optimism about an eventual reopening. Now with the company’s business slowly showing signs of improvement, including a surprise profit in Thursday afternoon’s earnings report amid smaller than … [Read more...] about Disney stock dips after earnings as analyst asks: ‘How many times can investors get paid for the same thing?’
What to do if you lost money on GameStop, AMC, or other ‘meme stocks’
Photo by: STRF/STAR MAX/IPx 2021 2/2/21 GameStop, AMC and Silver stock prices plunge as Reddit short-squeeze loses steam. STAR MAX Photo: GameStop, AMC, Reddit, Robinhood, WallStreetBets, Stock Graphs and logos photographed off Apple devices..GameStop (GME) is nowhere near the price level it was at the end of January as the stock’s meteoric rise captivated the country in a … [Read more...] about What to do if you lost money on GameStop, AMC, or other ‘meme stocks’
Talis Biomedical, Decibel and NexImmune set to make their market debut
Text size Talis makes medical tests, while Decibel and NexImmune are biotechs. Dreamstime A trio of healthcare companies are closing out the week’s action in the IPO market. Talis Biomedical, … [Read more...] about Talis Biomedical, Decibel and NexImmune set to make their market debut
I’m 64, single, considering retirement after fighting cancer — I have $1.6 million. Should I retire?
Thank you for helping people with their retirement. Here is my situation and look forward to your comments.I am 64 years old, single, and live in the Bay Area of California. I was diagnosed with cancer in July 2019 and stopped working in November of 2019. I went on disability for a year, through November 2020. The cancer treatments were successful and I am now cancer-free. … [Read more...] about I’m 64, single, considering retirement after fighting cancer — I have $1.6 million. Should I retire?