Best Stocks
Apple Pushes into Fintech with BNPL: Could Crypto Be Next?
Apple will handle the lending for its new BNPL service, sidestepping reliance on financial companies and banks.
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Facebook Changes Ticker from FB to META: Can it Become a Value Stock?
Meta Platforms started trading under its new ticker yesterday, ushering in a new era for the company.
Best Stocks
Gamestop (GME) Stock Sees 11% Surge Despite $157.9 Million Quarterly Loss
Increased demand for games sees Gamestop beat its quarterly revenue estimates, causing a spike in the meme stock’s price.
Best Stocks
Tesla’s Gigafactory in Shanghai Restarts as COVID Lockdown Ends: Output at 70%
Weekly output from Tesla’s Shangai factory hits 70% of pre-covid 19 lockdown levels as Beijing authorities offer assistance.
Best Stocks
ARKK Inflows Stay Strong Despite Underperformance: $1.5B in 2022 So Far
ARKK's massive inflows continue despite its significant underperformance this year.
Market Analysis
Joe Biden Says US Recession is Not Inevitable: S&P500 Gains 1.5% on Open
US President Joe Biden believes an economic recession is not inevitable as the job market and consumer spending remain robust.
Best Stocks
Creators Could Lose Over $1B of At-Risk Capital in 2023 as SPAC Frenzy Dies
SPAC mergers have become increasingly difficult to find, putting its creators at risk of losing significant sums of money without a deal.
Best Stocks
Ray Dalio’s Hedge Fund Bought GME and AMC Shares in Q1 2022
Bridgewater Associates, the world’s largest hedge fund, takes a bet on AMC and Gamestop.
Best Stocks
Elon Musk Puts Twitter Deal On Hold, as Tesla Shares Plunge
Experts believe Elon Musk might be trying to buy Twitter at a lower price as his Tesla shares continue to depreciate.
Crypto
Correlation Between Crypto and Stocks Volatility Grows as Markets React to QT
Equity markets are becoming more volatile as the cost of capital increases.
Best Stocks
Powell Confirmed for Second Term as Fed Chair, Will Continue Hawkish Policy
The US Senate overwhelmingly votes for Jerome Powell to continue as the Federal Reserve Chair for a second term.
Crypto
Jack Dorsey Calls Coinbase a “Casino”: COIN’s Market Cap Down $85B Since IPO
Coinbase has lost around $85 billion in market cap since going public. The company's shares are down by around 87%.
Best Stocks
Saudi Aramco Overtakes Apple as the Largest Company Worldwide
Saudi’s state-owned energy company has become the world's most valuable company overtaking the US tech giant.