November 9, 20240 Comments

Two-stocks better than one? Repacking pair trades

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s “Halftime Report” this week. Zoom In IconArrows pointing outwards These new ETFs aim to simplify

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November 9, 20240 Comments

Laurene Powell Jobs bets on AI startups

Laurene Powell Jobs speaks onstage during TechCrunch Disrupt SF 2017. (Photo by Steve Jennings/Getty Images for TechCrunch) Steve Jennings A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. News that Laurene Powell Jobs is investing in a new artificial intelligence “computing device” highlights her growing appetite for

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November 9, 20240 Comments

BofA unpacks potential impact of US election on Consumer Finance stocks By Investing.com

Investing.com — As the U.S. election approaches, Bank of America analysts examined its potential impact on Consumer Finance stocks in a recent research memo.  The bank argued that while policy differences exist between candidates, “the health of the broader U.S. economy” will ultimately be more influential in driving sector fundamentals, particularly regarding unemployment and consumer financial health. One significant area of concern is said to be the regulatory environment surrounding mergers

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November 9, 20240 Comments

Michael Saylor Reacts Bullishly to Tom Lee’s $100,000 2024 Bitcoin Prediction By U.Today

U.Today – Michael Saylor, co-founder of the MicroStrategy giant and a vocal evangelist, has shared an extract from the recent appearance Tom Lee made on CNBC’s Squawk Box show. Fundstrat’s co-founder and head of research made a bullish Bitcoin price prediction, expecting BTC to reach a “six-figure” level this year. Tom Lee’s bullish Bitcoin outlook and Saylor’s response Tom Lee told the CNBC show hosts that Bitcoin is “potentially a

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November 9, 20240 Comments

Mysterious Mastercard Data Breach Triggers Bank Warning As Customers Urged To ‘Pay Close Attention’ To Money Movements

A US bank is warning customers of a security “intrusion” that may have compromised Mastercard account numbers and other financial data. Maryland-based Eagle Bank says it has received a notice from Mastercard, stating an unnamed US merchant allowed unauthorized access to account information between August 15th, 2023, and May 25th, 2024. The bank revealed the breach in a filing with the Massachusetts state government. “We have been advised by MasterCard of

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November 9, 20240 Comments

Hamster Kombat Price Up 60%; Is $1 Possible This Year?

Hamster Kombat (HMSTR) price, a Telegram-based mini-game, has surged remarkably over the past 24 hours, positioning itself as today’s top market gainer. This recent rally sparks optimism among traders and analysts eyeing further upward movement. Market observers suggest that if momentum holds, HMSTR could see an additional increase, with the ambitious goal of reaching $1 before month’s end. Following 60% Surge, Will Hamster Kombat Price Reach $1 in 2024? Hamster

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November 9, 20240 Comments

Notcoin’s Breakout Sparks Bullish Sentiment, NOT Price To Rally 70%?

Analyst Ali Martinez recently gave a positive outlook for Notcoin (NOT), citing that it is primed for a significant price increase. He explained that the cryptocurrency recently broke out of a falling wedge pattern, which could signal a possible bullish reversal. Martinez projects a 76% price increase , targeting $0.012 for the coin. Despite facing steep declines before, NOT has shown signs of recovery and could be on the way

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