Technology
Elon Musk asks Twitter users if they want an edit button; shares rise in premarket trading
Elon Musk’s investment in Twitter comes after he said he was considering building a new social media platform. Jim Watson | AFP | Getty Images Elon Musk has asked Twitter users if they want an edit button to be added to the platform — hours after taking a 9.2% passive stake in the company, making […]
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Three former DeepMinders are developing A.I. to pick stocks and crypto
ArtBox Images | Getty Images Three former DeepMind employees are trying to train a machine to spot and invest in company stocks and cryptocurrencies before they rise. Martin Schmid, Rudolf Kadlec and Matej Moravcik left Alphabet-owned DeepMind in January to set up EquiLibre Technologies, relocating from Edmonton in Canada to Prague in the Czech Republic […]
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Investors may be jumping the gun on Chinese stocks
The Baidu Inc. logo is displayed on the company’s headquarters on July 3, 2019 in Beijing, China. Wan Xiaojun | Visual China Group via Getty Images Some analysts remain pessimistic on U.S.-listed Chinese stocks, warning the road ahead remains uncertain despite signs that they’re at less risk of being delisted from U.S. exchanges. “Global investors […]
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‘Bear market rally’ is setting stage for a correction, Morgan Stanley’s Mike Wilson warns
A major Wall Street firm is on correction watch. Despite the latest market bounce, Morgan Stanley’s Mike Wilson is bracing for an S&P 500 decline of at least 13% between now and September. Wilson cited technical headwinds on CNBC’s “Fast Money” on Monday. “It does have all the hallmarks of what I would call a […]
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SEC Chair Gensler says agency is planning greater oversight of crypto markets to protect investors
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, U.S., September 14, 2021. Evelyn Hockstein | Reuters Securities and Exchange Commission Chair Gary Gensler said on Monday that his agency is aiming to exercise greater […]
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These are RBC’s top ideas for long-term investors heading into the second quarter
Here are 10 high conviction stocks RBC likes heading into the second quarter. Source
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Twitter on track for its best day since IPO after Musk buys in
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Twitter stock is on track for its best day since its IPO, with shares up more than 29%, after an SEC filing revealed Musk acquired a 9.2% passive stake in the […]
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Morgan Stanley explains how unions could impact Amazon’s bottom line
Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images Amazon workers on New York’s Staten Island on Friday voted to […]
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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal […]
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Goldman is worried this could be like the 1970s and is recommending these stocks
The recent yield curve inversion has a strong analogue in 1973, according to Goldman Source
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