Crypto Market Update: SRM Becomes Tron Inc, Purpose Investments Launches XRP ETF
SRM Entertainment, listed on Nasdaq, announced plans to build a $210 million Tron (TRX) treasury and rebrand as Tron Inc. The firm secured a $100 million equity investment through a securities purchase agreement with a private investor to fund this strategy. Tron founder Justin Sun will serve as an adviser to the newly rebranded company.
Read MoreOil slips amid Israel-Iran conflict, stocks cautious: Live Updates
With tensions high between a battling Iran and Israel, President Donald Trump, on Sunday, urged the two countries to make peace with a “deal.”
“Iran and Israel should make a deal, and will make a deal, just like I got India and Pakistan to make, in that case by using TRADE with the United States to bring reason,
» Read more about: Oil slips amid Israel-Iran conflict, stocks cautious: Live Updates »
Read MoreCathie Wood Just Bought Millions in Archer Aviation — Here's Why
June 14 Ark Invest’s Cathie Wood bought a large stake in Archer Aviation (NYSE:ACHR) after the stock slid nearly 15% Friday on a fresh equity sale.
According to recent news, Wood added about $40 million worth of ACHR shares across three of her exchange-traded funds.
» Read more about: Cathie Wood Just Bought Millions in Archer Aviation — Here's Why »
Read MoreStock Market Today: Stocks Rise on Less Deadly Concerns
Having survived the weekend, investors, traders and speculators bid up stock prices Monday amid what could be described as either a relief rally or simply the resumption of the post-“Liberation Day” trend.
Technology stocks, communications services and financials led the way higher while utility stocks,
» Read more about: Stock Market Today: Stocks Rise on Less Deadly Concerns »
Read MoreCalifornia, world's 4th-largest economy, in Trump’s crosshairs as he plans to sell off land in mountain towns
California public lands at risk: Could mountain towns really survive this proposed land sell-off?- On the surface, it’s just another hot summer day at Lake Tahoe, where families lounge along the 200-yard sandy stretch of Kiva Beach, swimmers float on Fallen Leaf Lake, and hikers make their way through alpine trails near Echo Lake.
Read MoreThe Burst
Technical Signals Scream SELL
Correlation and causation can easily be mixed up when trading. Just because markets fall every time something happens doesn’t mean that something is the cause. Nevertheless, when correlations appear, they should be respected, and we just stumbled upon one that, if true, screams it’s time to SELL.
Scary Technical Trend
Over the past year or so,
» Read more about: Technical Signals Scream SELL »
Read MoreThe Ivy
Market Commentary: How Charlie Got So Rich
Despite his fame as Warren Buffett’s right-hand man, Charlie Munger, who recently passed away at 99, maintained a remarkably low public profile, letting his vast wisdom and sharp wit speak through his investments and rare, yet profound, public statements.
Charlie was renowned for his role as the vice chairman of Berkshire Hathaway and his partnership with Warren Buffett,
» Read more about: Market Commentary: How Charlie Got So Rich »
Read More