2 Billionaires Buy This Former Out-Of-Favor Bank, Why?
As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.
Despite those facts, Druckenmiller’s firm, Duquesne Family Office, bought more than 327,000 shares in Citigroup last quarter. » Read more about: 2 Billionaires Buy This Former Out-Of-Favor Bank, Why? »
Read More
Did Musk Just Reveal Why Nvidia Goes Higher?
Five years ago, Nvidia traded at $36 per share. It now hovers around $1,145 per share. At first glance, it’s hard to reconcile not only the price rise but the market capitalization. Nvidia trades at a valuation of $2.8 trillion. For comparison, Apple has a market cap of $2.9 trillion.
Apple generated $383 billion in revenues last year and reported net income of $96 billion.
» Read more about: Did Musk Just Reveal Why Nvidia Goes Higher? »
Read More
1 ETF Set To Way Outperform?
A joke went viral recently when a comedian wrote a skit about two people arguing over the merits of the US Dollar and Bitcoin respectively. Had you invested $10,000 in Bitcoin in 2010, you would have almost $100 million now, according to the skit writer. If you left your $10,000 in fiat currency you would have about $8,500.
» Read more about: 1 ETF Set To Way Outperform? »
Read More
Is This The Steal of The Century?
Imagine I hold up $100 and offer it to you for $95, would you take the deal? At face value it’s a sure bet, but you would probably be wondering what the catch is? Is the Benjamin Franklin note real or fake? Are you about to make $5 or lose $95? Well, that’s the same trade-off to make when investing in a company that trades below cash value,
» Read more about: Is This The Steal of The Century? »
Read More
Is 2025 The Year Uber Bounces Back?
Shares of Uber Technologies (NYSE:UBER) have had a rough few months, dropping 15.7% over the last 90 days even as the overall market finished 2024 on a high note. With shares still sold off, investors may find themselves wondering where Uber goes from here. Let’s take a look at what’s driving UBER down,
» Read more about: Is 2025 The Year Uber Bounces Back? »
Read MoreThe Burst
Is Palantir on the Precipice of a Sharp Fall?
Palantir (NYSE:PLTR) has been among the biggest beneficiaries of this year’s AI bull run and the more recent post-election rally. The stock started this year at just $16.58 and has since skyrocketed to over $60 per share.
The last month has been particularly dramatic when PLTR started November a little over $40 before being pushed skyward following election news that was deemed positive and a stellar Q3 earnings report.
» Read more about: Is Palantir on the Precipice of a Sharp Fall? »
Read MoreThe Spotlight
Will Bitcoin Rise 16.1x?
In November 2012, the first bitcoin halving cycle was recorded, and the event reduced the reward for mining new Bitcoin blocks by half. Every four years or so 210,000 blocks are mined and the rate at which new bitcoin is mined is cut by 50%.
The supply limit and increased difficulty have been instrumental in the thesis that bitcoin’s price can only rise in time to offset the inflationary effects of fiat currency.
» Read more about: Will Bitcoin Rise 16.1x? »
Read MoreThe Daily
Analyst, Consultant Clash on Apple Inc. (AAPL) Stock
Analyst Ben Reitzes and consultant Dan Nathan had a bull-bear debate about Apple Inc. (AAPL) stock on CNBC on May 7.
Reitzes suggested that Apple’s future is bright, while Nathan warned that the tech giant was “massively behind the 8 ball” in terms of technology and suggested that it would be significantly damaged by the problems facing its Services business.
» Read more about: Analyst, Consultant Clash on Apple Inc. (AAPL) Stock »