Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back?
Bitcoin is holding near $64,033, up 0.76% over the past 24 hours and roughly 6.3% higher on the week, a modest but meaningful recovery that has traders asking whether institutional money is finally returning in force. The answer, based on the flow data, is: cautiously yes.
Spot Bitcoin exchange-traded funds (ETFs,
Read More8 states tax Social Security, 42 leave it alone: Here’s the list
Social Security is a lifeline for many retirees. Surveys have shown up to 39% of retirees said the program accounts for the entirety of their retirement funds, while up to 14% said it accounts for their only major income source.
Recognizing the vital role the program plays for many, the majority of states exempt Social Security income from taxation.
» Read more about: 8 states tax Social Security, 42 leave it alone: Here’s the list »
Read MoreEli Lilly Stock Hits a New All-Time High: Has It Gotten Too Expensive to Buy?
Key Points
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Eli Lilly’s growth rate has been accelerating over the past year due to its GLP-1 drugs.
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The recent approval of its GLP-1 pill, Foundayo, could offer yet another catalyst.
Eli Lilly (NYSE: LLY) stock has been rallying in recent months,
» Read more about: Eli Lilly Stock Hits a New All-Time High: Has It Gotten Too Expensive to Buy? »
Read MoreBust or boom ahead? Here's why Warren Buffett successor's $10 billion bet on big tech has divided experts
On 1 June, United States technology giant Alphabet announced that it is raising $80 billion equity capital to funds its ambitious artificial intelligence (AI) plans. And a chunk of this — $10 billion — comes from the Greg Abel-led Berkshire Hathaway.
Abel was announced as successor to the CEO role after beloved billionaire investor and long-time Berkshire CEO Warren Buffett‘s stepped away from the helm.
Warren Buffett's Berkshire Successor, Greg Abel, Just Bought More of This Magnificent Tech Stock
Key Points
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Last month, Berkshire Hathaway made some major deals, including a $10 billion private placement investment in Google parent Alphabet.
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Representing a further increase in Berkshire’s equity position in the “Magnificent Seven” stock, this transaction could foreshadow a greater allocation into technology stocks.
The Burst
Pfizer’s Big Win Means What For Investors?
Pfizer just pulled off a big deal as it relates to the pharmaceutical landscape in the U.S. On Tuesday, the CEO announced a wide-ranging agreement with the Trump administration that will lower drug prices for many Americans.
At the center of this deal is a new government-backed portal called “TrumpRx”, a website designed to help patients access discounted prescription drugs by connecting them directly to manufacturers’ platforms.
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Read MoreThe Ivy
Is Chipotle Stock Finally Cheap Enough to Bite?
After years of sizzling performance, Chipotle Mexican Grill is suddenly tasting some humble pie. The once-unstoppable restaurant stock shaved almost a quarter off its share price in just a few days, following an earnings report that showed its growth momentum cooling faster than investors expected.
At first glance, the results weren’t catastrophic, revenue still rose,
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Read MoreThe Spotlight
Can You Really Earn a 100% Yield From This Tesla-Based ETF?
A wave of funds has popped up promising double-digit income yields, many of them built on familiar covered call tactics. But one issuer, YieldMax, has taken the concept to an entirely different level. Think 30%, 50%, even 100%-plus yields.
The poster child is the YieldMax Tesla Option Income Strategy ETF, ticker TSLY. This fund aims to milk income from Tesla (NASDAQ: TSLA) by trading options,
» Read more about: Can You Really Earn a 100% Yield From This Tesla-Based ETF? »