By TheStreet Staff What Is Intrinsic Value? Who Uses It?A value investor is always looking for that diamond in the rough company that, for whatever reason, is currently trading below its true worth, or intrinsic value. Their goal is to establish a posi…
What Is the Fed Funds Rate? Why Is It Important?
By TheStreet Staff What Is the Federal Funds Rate?The fed funds rate is the rate of interest that banks use to lend money to each other. This rate is controlled by the Federal Reserve and can be adjusted through changing market conditions. For instance…
How Bitcoin ETF Evangelists Plan to Win Over the SEC
By Luc Olinga Digital-asset managers want to convert their funds into bitcoin spot ETFs. The SEC hasn’t agreed. It looks a bit like a strategy straight out of Sun Tzu’s “The Art of War.” One of the cardinal rules the Chinese military strategist and phi…
Inflation: Prices Went Up in the Cities People Moved to Most
By Tony Owusu Prices go up based on demand and the pandemic created increased demand in a number of locations. The more people want to live someplace, the more prices rise in those places. During the pandemic, for example, people flocked to Florida fro…
Alphabet Stock Chart: Buy the Dip in Best-of-Breed FAANG Member
By Bret Kenwell After great earnings and a 12% dip, the chart says Alphabet stock is a FAANG holding to buy. The FAANG group has been hit and miss so far this year. Three of the components are outperforming the Nasdaq’s 11.1% year-to-date loss, while t…
Crypto Price: Super Bowl Is a Big Win for Coinbase, but a Loss for Bitcoin
By Rob Lenihan Bitcoin fails to reach the $50,000 mark despite the Super Bowl hype, but Coinbase Global gets over 20 million hits on its landing page. The crypto-related hype surrounding Sunday’s Super Bowl produced mix results as bitcoin failed to rea…
Manscaped Is Getting Ready to Go Pubic, uh, Public
By M. Corey Goldman Roses are red, violets are blue, give Manscaped as a gift for Valentine’s Day, and he’ll say… maybe I’ll wait for the stock instead? Roses are red, violets are blue, give Manscaped MANS as a gift for Valentine’s Day, and he’ll say ……
Soros Fund Management Takes Stake in Rivian
By Dan Weil The position was worth about $2 billion when George Soros’ firm bought it, but is now worth about $1.2 billion. Iconic investor George Soros’ investment company Soros Fund Management snapped up almost 20 million shares of electric vehicle c…
Tesla’s Elon Musk Challenges Regulators Again
By Luc Olinga CEO Elon Musk of electric-vehicle producer Tesla does not digest the pressure of the regulators. It’s called pouring gasoline on the fire — even when we’re talking electric vehicles. Elon Musk does not like the pressure that Tesla’s (TSL…
Super Bowl a Huge Win for Las Vegas’s Casinos
By Daniel Kline An ideal scenario happened for Caesars, MGM, Penn National, and other Sin City sportsbooks. The Super Bowl marked Las Vegas’s official return to normal. It was the first major event held in the city since Nevada dropped its indoor mask …