By Rob Lenihan The theft was discovered several days later, raising questions about the vulnerabilities of decentralized finance (DeFi). The cryptocurrency world was rocked after Ronin, the blockchain underlying Axie Infinity, said hackers had stolen r…
What Is the Wilshire 5,000 and Why Is It Important?
By TheStreet Staff What Is the Wilshire 5,000 Stock Market Index?The Wilshire 5,000 Total Market Index is a stock market index that tracks the performance of (nearly) the entirety of the publicly traded U.S. equity market. Like other stock indexes, it …
GM Finds an Original Way to Avoid a Shortage of Its Cars
By Luc Olinga Automakers are facing major disruptions in supply chains and rising prices for raw materials, which significantly affects their production. Car manufacturers have been confronted for a little over two years now with a headache that they a…
Why Buy Bottom Shelf Stocks?
By Eric Reed When it comes to pricing stocks, the market tends to follow the same rules as bars do. Bars and restaurants know that price tends to move the liquor. If you slap a bargain price on the bottle, then customers will avoid it no matter what’s …
Major Oligarch Poisoned in Possible Kremlin Warning, Reports Say
By Riley Gutiérrez McDermid He reportedly suffered short-term blindness and found the skin on his hands and face peeling off. One of the world’s most visible oligarchs, Roman Abramovich, was briefly blinded in a suspected poisoning while visiting Ukrai…
Elizabeth Warren Enjoys Being Elon Musk’s Arch Nemesis
By Tony Owusu The senator from Massachusetts said once again that Musk paid no taxes in 2018 and that Musk did not build Tesla on his own. Wealthy Americans have the attention of Washington, D.C. On Monday, President Joe Biden unveiled a new minimum ta…
U.S. Treasury Yield Curve, A Key Recession Indicator, Inverts For First Time Since 2019
By Martin Baccardax The difference in yields between 2-year and 10-year Treasury note yields, a crucial recession indicator, flashed red for the first time since 2019 Tuesday. The U.S. Treasury bond yield curve inverted for the first time in three year…
Sony Launches Microsoft Game Pass Rival. Is Buying Games Over?
By Colette Bennett Your physical game collection is already vintage. Depending on how old you are, your memories of buying video games likely involve driving to the local GameStop (GME) – Get GameStop Corp. Class A Report to pick up a physical disc in …
Will Nvidia Stock Retest The Highs, The Lows or Both?
By Bret Kenwell Nvidia stock has been on a tear, but is that rally about to slow? Let’s look at the charts. Nvidia (NVDA) – Get NVIDIA Corporation Report stock has been on a tear lately. While it hasn’t put together a 10-day rally like Apple (AAPL) – G…
Action Alerts: Travel Data Signal Strength for Two Stocks
By Dan Weil Luggage sales soared 129% for the 12 months through February, compared to a 50% drop in 2020. You never know when and where you’ll find data that can be useful in judging stocks. The Action Alerts Plus team have discovered statistics that a…