It was 50 years ago today that Nixon met at Camp David and decided to close the gold window, thus ending the Bretton Woods system of exchange rate management.
We are likely in for one of the quieter trading days in recent memory. We suspect investors will be taking the time to revisit the sea of corporate earnings in recent days and weeks, doing the same for key economic data over the last two weeks.
In an earnings call Monday, AMC’s Chief Executive Officer Adam Aron confirmed that the biggest theater chain in the United States is wading into the cryptocurrency markets and will begin accepting Bitcoin (BTC) later this year.
Following on from a slower IPO arrival, shares in the popular investing app Robinhood (HOOD) have been soaring - illustrating the influence of the platform and its band of merry retail investors.
Asset management merger and acquisition activity in the U.S. was valued at some $28 billion in 2020, the highest deal value in the sector since $29 billion in 2000, according to data from Dealogic.
After a lifetime in and around financial markets, there isn’t much that really surprises me these days. There is one current exception, however: I have no idea how anyone justifies a negative stance on EVs.
Driven by the success of its streaming platform Disney+, shares of Walt Disney (DIS) are trading near all-time highs and have have gone on a tremendous run over the past year rising 40% during that span, besting the 33% rise in the S&P 500 index. But can that magic continue?
Samantha Patil, co-founder and CEO at Well Traveled, is on a mission to transform the travel industry by creating a members-only social platform built for the modern traveler.
Plenty of interesting things are happening in the world of exchange traded funds (ETFs) this year. The first being that through the first seven months of 2021, U.S.-listed ETFs hauled in $518 billion in new assets.
The U.S. Senate approved the $1.2 trillion infrastructure bill, also known as HR 3684 this week. The bill will support building roads, bridges, and other infrastructure-related projects. It was passed by the Senate with 69-30 votes.
Yesterday afternoon and this morning, a little more than twelve hours apart, two high-profile companies with strong brands announced their earnings for the calendar Q2 of 2021. They are very different companies, and both missed in a significant way. But only one is a buy.