As bitcoin heads for its worst week in eight months after dipping nearly 50% from its November all-time high, Craig Erlam, senior market analyst at forex services firm Oanda, discusses key psychological thresholds to watch. "The $30,000 level is going to be critical in terms of the price action for bitcoin going forward," Erlam said. Plus, his views on bitcoin's correlation to the traditional markets.
You won't believe the amount of money that the bottler intends to return to shareholders.
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Warren Buffett is selling his largest holding, and that's a huge deal.
Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors.
Prepare yourself for a big shock.
The energy transition will benefit companies providing electrical needs for surging demand. Analysts point to these three stocks as a Buy.
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
AMD sees opportunities to take market share in a key product category.