Payments company Block is building an open source bitcoin mining system for a “fully decentralized and permissionless” internet. Avid bitcoin enthusiast Jack Dorsey is officially building an open bitcoin mining system to democratize what could Read more…
Financial markets saw a shake-out early this week on the back of the more hawkish Fed, now signalling a rate hike already in March when tapering of asset purchases is done. US 10-year bond yields Read more…
Markets December US retail sales were today’s main dish. The headline figure declined by 1.9% M/M which was significantly below near flat consensus. Core sales dropped by 2.3% on a monthly basis and the control Read more…
A late sell-off in the US on Thursday is weighing heavily on sentiment around the globe with Asia ending the week on a negative note and Europe heading for a similar finish. Tech was once Read more…
Venture capital investors put a whopping $329.9 billion into 17,054 deals last year. Views differ on the implications. Venture capital activity hit an all-time high last year, but there are opposite ways to interpret the Read more…
Retail sales declined for the first time in five months, falling 1.9% m/m in December, well below the consensus estimate for a modest decline of 0.1%. November’s reading was also revised down to +0.2% m/m Read more…
Top-Rated Asset Allocation Funds as of 12/31/21 Fund Name, Ticker, Overall Rating, (Risk Grade) Quantified STF Advisor QSTAX A+ (C+) SEI Inst Mgd Tr Dyn Asset Alloc F (SDYAX) – Get SEI Dynamic Asset Alloc F Read more…
Pelton shares, which lost nearly three quarters of their value last year, will be removed from the Nasdaq 100 index on January 24. Peloton (PTON) – Get Peloton Interactive, Inc. Class A Report shares slumped lower Read more…
Costco last increased its membership price in 2017 and raising it may allow it to keep selling cheap rotisserie chicken. Customers love Costco’s (COST) – Get Costco Wholesale Corporation Report $4.99 rotisserie chicken. Because of Read more…
Top-Rated Large-Cap Mutual Funds as of 12/31/21 Fund Name, Ticker, Overall Rating, (Risk Grade) Franklin Focused Growth Adv FFQZX A+ (B) USAA Nasdaq 100 Index Fund (USNQX) – Get USAA NASDAQ-100 Index Fund Report A+ (C+) ProFunds Nasdaq Read more…