Renowned investor and author Robert Kiyosaki has set a goal to acquire 100 Bitcoins by 2025, regardless of the cryptocurrency’s fluctuating price. What Happened: In a post on X, Kiyosaki shared that he currently holds 73 Bitcoins and is steadily increasing his holdings. He has mentioned that he does not wait for a price drop to invest, a mindset he equates with “a poor person.” He also said that his
(Bloomberg) — The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began. Most Read from Bloomberg Yet firms like BlackRock Inc., JPMorgan Chase & Co. and TCW Group Inc. have issued a steady drumbeat of warnings that the bumpy ride is likely far from over. Trump’s coming return to the White House has significantly upended the outlook for the US Treasury market,
With the end of 2024 approaching, what could be more natural than to figure out the top stocks for the rest of the year? Stock picking of this sort is an essential skill for every investor, and fortunately, the Smart Score make it easier. This data gathering and sorting tool from TipRanks uses a combination of AI tech and natural language algorithms to gather and comb through the aggregated data
(Bloomberg) — Asian stocks may struggle in early trading after Chinese economic measures underwhelmed and the release of anemic inflation data over the weekend. Bitcoin topped $81,000 after President-elect Donald Trump took a clean sweep of the seven US battleground states. Most Read from Bloomberg Australian shares fell while futures in Tokyo and Hong Kong signal losses after China’s 10 trillion yuan ($1.4 billion) plan to help local governments deal
(Bloomberg) — US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal Reserve’s target. Most Read from Bloomberg The core consumer price index due on Wednesday, which excludes food and energy, likely rose at the same pace on both a monthly and annual basis compared to September’s readings. The overall CPI probably increased 0.2% for a
(Bloomberg) — Times are tough in private markets. High borrowing costs are hurting returns, managers are struggling to exit investments, and regulators are circling. All that is bringing back an issue that has long haunted these opaque holdings: No one is quite sure how to actually measure their performance. Barry Griffiths is one of a small group of quantitative analysts giving it a try. He’s the driving force behind an
In a 2017 Q&A with Oxford Union students, Mark Cuban opened up about one of his biggest regrets on Shark Tank – and he didn’t hold back. When asked about his commitment to the companies he invests in, Cuban emphasized that he’s there “’til death do us part” as long as the founders keep grinding. Don’t Miss: Out of his 71 investments on the show, about 12-15 are thriving, while
Shares of telecom giant Verizon (NYSE: VZ) have been on an upswing. The stock is up about 14% over the past 12 months at the time of this writing. While a rising share price is welcome, perhaps the stock’s most appealing aspect is as an income investment. Verizon’s dividend serves as a reliable source of passive income, given its 18 straight years of increases. It also sports an impressive forward-dividend
First-time homebuyers disadvantages Why first-time homebuyers are at a disadvantage 03:18 It is a marker of the challenges of getting on the property train in the U.S. these days: The typical homebuyer today is older than ever, as well as wealthier, new data shows. The average age of homebuyers in 2024 was 56, a record high, according to a report from the National Association of Realtors (NAR), highlighting the impact of soaring
The Q3 earnings season for the tech giants has been a mixed bag. While some managed to impress investors with their performance and outlook, others fell short of expectations on some metrics. Wall Street remains upbeat on several tech giants, thanks to generative AI (artificial intelligence)-led tailwinds. Using TipRanks’ Stock Comparison Tool, we placed Meta Platforms (META), Uber Technologies (UBER), and Amazon (AMZN) against each other to find the “Strong
