(Bloomberg) — Former U.S. Treasury Secretary Steven Mnuchin said at the Milken Institute Global Conference that he’s investing in blockchain companies but not cryptocurrencies. Investors should know what their money is going toward when it comes to investing in stablecoins, he said Tuesday at the conference in Beverly Hills, California. Mnuchin touted cyber space as […]
Read MoreBitcoin (BTCUSD) is often referred to as digital currency and as an alternative to central bank-controlled fiat money. However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy. Bitcoin’s network is decentralized, and the cryptocurrency is not used much in retail transactions. However, it can be […]
Read MoreTrade Setup X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan product is Xiaoying credit loan, which consists of Xiaoying card loan and revolving loan Xiaoying credit loan catering to the credit card holders; and Xiaoying preferred loan […]
Read MoreTrade Setup Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People’s Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; […]
Read MoreTrade Setup Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People’s Republic of China. It provides loan facilitation services; and post-origination services, such as cash processing, collection, and SMS services. The company’s loan products portfolio includes unsecured consumer loans; secured consumer loan, which […]
Read MoreTrade Setup Buy Target $2.75 Sell Target $3.42 HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. The company offers its adult-use and medical […]
Read MoreTrade Setup Yunji Inc. operates a social e-commerce platform in the People’s Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, […]
Read MoreTrade Setup Buy Target $2.38 Sell Target $3.33 Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated […]
Read MoreTesla’s discount car insurance rolls into another state — should you hop in? After a limited and frustrating start, Elon Musk is finally getting his shot at revolutionizing the car insurance industry. Tesla Insurance launched in Texas this week, free from laws that have shackled its technology in California for the last two years. The […]
Read MoreBack in February, Zillow’s stock was trading at an all-time high of $212. On Monday, it finished the day perilously close to its 52-week low, closing at $85.46. The fairly steady eight-month decline comes despite a red-hot U.S. housing market. And that’s making some investors nervous. Is Zillow a canary in the residential real estate […]
Read MoreNetflix said 142 million member households viewed Squid Game in the first four weeks after its release. Courtesy of Netflix Netflix shares inched higher in late trading Tuesday after the streaming video giant posted better-than-expected subscriber growth for the September quarter, while projecting further gains in the fourth quarter. For the quarter, Netflix (ticker: NFLX) […]
Read MoreBofA warns of 0% returns over the next 10 years — but here’s the 1 key strategy to fight it Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next […]
Read MoreIt’s no surprise that investors are interested in cryptocurrencies. They’re among the best performing asset classes this year. And the crypto community has rallied around the emerging asset class, stirring hype that cryptocurrencies are the next big thing in finance. Bitcoin was first traded in 2009. Back then, you could buy one of the new […]
Read MoreWarren Buffett is holding these stocks for monstrous free cash flow — why you should too Wall Street pays a ton of attention to company earnings. But reported earnings are often manipulated through aggressive or even fraudulent accounting methods. That’s why risk-averse investors need to focus on companies that generate gobs of free cash flow. […]
Read MoreBuy Price: $21.50 or better Sell Price: TradersPro Sell Signal Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2019, the company had approximately 451,000 net acres in the southwestern core of […]
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