Hedge fund Numerai is offering $50 million of its numeraire (NMR) token to quants, researchers and even fellow funds that provide original stock market “signals” into its data clearinghouse, Numerai Signals. UPDATE (10/12/20 19:32 UTC): This article has been updated to reflect who can utilize Numerai and how the payout mechanism works. Source link
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Regeneron uses HUMAN STEM CELLS FROM ABORTED FETUSES. Read their “non-denial ‘denial’”…this says they used aborted embryos to treat Trump and are using “weasel words” to get Regeneron stock holder Trump off the hook: “As is the case with many other science-focused biotechnology companies, Regeneron uses a wide variety of research tools and technologies to help discover and develop new therapeutics. stem cells are one such […]
Bloomberg/Detroit News: With Joe Biden’s lead widening in the polls and President Donald Trump’s campaign sidelined by the virus, investment strategists now say there’s less of a chance for a contested election. One thing that’s clear is that investors are starting to get very comfortable with the idea of a Biden victory, and increasingly don’t see it as a negative for stocks https://t.co/6dfuojmlL9 — Joe Weisenthal […]
The blockchain-based exchange comes as part of new measures announced by President Nicolas Maduro in a big to sidestep tough U.S. sanctions. Source link
Diginex has become the first crypto exchange operator to be traded on Nasdaq, listing under the “EQOS” ticker symbol. Source link
India’s benchmark stock index, the Sensex shed almost 16,000 points within weeks after a COVID-19-induced nationwide lockdown was imposed in March. Even though it recovered almost 50 percent, doubts about US recovery and fresh lockdowns in Europe triggered a massive sell-off last week. Indian bourses were up in opening trading on Thursday on the back of strong global cues as well as further relaxations to COVID-related […]
Japan’s Tokyo Stock Exchange (TSE) has shut down all trading for a full day due to a systemwide technical error. Though the exchange says the glitch is unrelated to hacking, it has yet to say when trading will resume. The TSE said it would halt trading for all of Thursday as it works to resolve the system failure, which was detected some two hours before markets […]
Bitcoin is often criticized for being over volatile, but it’s been a sea of calm compared with Tesla stock in recent months. Source link
Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on. On this edition of The Breakdown weekly recap, NLW looks at the fourth painful week for traditional markets in a row. He discusses the factors contributing to the trouble, including: Source link
https://cdn1.img.sputniknews.com/img/107756/51/1077565193_0:67:2854:1673_1200x675_80_0_0_d4cb63c2bd4f48ead7ee16196920ded8.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Ashutosh Kumar. Sputnik International https://sputniknews.com/india/202009241080556131-indian-markets-crash-sensex-plunges-555-points-on-global-cues/ Even though the Indian equity markets have recovered almost 50 percent from their lockdown lows, concerns remain on the meteoric rise at a time when economic growth has turned negative. Indian Stocks crashed in opening trading on Thursday on the back of weak global cues. The Bombay Stock Exchange’s benchmark 30-share index, Sensex, fell 554.90 points to […]
Prices for both Bitcoin and Ether fell sharply in the past 24 hours, after a drop in global equities. Source link
US stocks fell sharply on Monday, extending last week’s declines, as concerns about coronavirus cases in the United States and other countries sparked fears of a second wave of the pandemic and more business re-closures. The Dow Jones Industrial Average sank around 600 points, or over two percent at the opening bell. S&P 500 dropped 1.8 percent, while the tech-heavy Nasdaq 100 fell 1.3 percent. It’s […]
https://cdn1.img.sputniknews.com/img/107862/10/1078621084_0:318:3074:2048_1200x675_80_0_0_fc2b7f6a8a025a7042a4e2dbfe508891.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009191080509352-playboy-reportedly-considering-options-to-return-to-stock-market/ In March, media reported that the magazine was suspending its print publication partly due to the coronavirus pandemic but also due to a drop in print magazine sales. Playboy Enterprises is now developing a strategy for print Playboy’s comeback, Reuters reported on Friday, citing people familiar with the matter. The possible options include a merger with a special purpose acquisition […]
Two weeks after Sen. David Perdue (R-GA) helped to dilute a rule that governed the prepaid debit card industry, he reported acquiring stock in a company that stood to benefit from the rollback of those regulations. In early 2017, Perdue was pushing to overturn a recent Consumer Financial Protection Bureau measure that, among other things, imposed new regulations on the growing prepaid debit card industry—including requirements […]
The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations. On this episode of The Breakdown Weekly Recap, NLW looks at the full story the stock markets are telling us about the economy, including: Source link
The booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it? Today’s episode of The Breakdown looks at the stories the stock market is trying to tell, including: New all-time high in total market capitalization to GDP ratio (higher than dot-com bubble) “No precedent for how high” valuations can go Fed denies […]
Here in Michigan, over 100 militia with assault weapons surrounded our governor’s home in Okemos, Michigan. More than screaming went on but our 40 something female governor never said a word, never went crying to the press and pulled down Michigan’s COVID numbers allowing the state to mostly reopen in June. Michigan is enjoying the end of a massive tourist season with up to one million […]
The S&P 500 has recovered to hit new all-time highs but how real is it, and how are leading finance minds interpreting the recovery? Today, NLW debuts a new format: “10 Takes in 10(ish) Minutes.” In this analysis, he looks at 10 takes surrounding the S&P 500’s return to positive territory on the year, including: Source link
Known as Project Harbour, the initiative will use distributed ledger technology as a register for a bond marketplace. Source link
The stock market isn’t usually considered an ally of cryptocurrencies, but with the big U.S. exchange Coinbase now rumored to be considering a share listing, some digital-asset industry insiders say a move toward more public ownership could accelerate mainstream adoption. By becoming publicly traded, cryptocurrency-focused companies could appeal to investors in the $35 trillion U.S. stock market. Back-of-the-envelope math shows that just a 1% allocation into crypto stocks could mean […]
Tesla Inc.’s stocks have been on a blistering rally amid the economic recession triggered by the coronavirus pandemic, with the Silicon Valley car maker’s shares quadrupling in price this year and volumes nearly tripling, according to the six-month average. Shares of American electric vehicle manufacturer Tesla Inc. are now valued on a par with many acknowledged heavyweights of US industry after an impressive rally, according to […]
The crypto exchange is said to be planning a direct listing rather than an initial public offering, sources speaking to Reuters said. Source link
Car manufacturer Tesla has seen a rise in stock value in recent weeks following shock sales amid the coronavirus pandemic, which has crashed emand for automobiles. The surprise increase saw owner Elon Musk granted a Chief Executive Officer Elon Musk could pocket up to $1.8 billion in a day due to Tesla Inc’s stock surge, which would be the second big gain from the electric car […]
The news comes as investors have begun massive levels of investment in the mainland tech firm’s push for self-sufficiency, with the chipmaker reaching a $31.7bn capitalisation this year and stocks surging 12.8 percent to $4.84 (37.55 HKD) on Monday, figures show. China’s mainland chipmaker Semiconductor Manufacturing International Corp (SMIC) plans to publicly trade after preparing a $7.5bn initial offering, Caixan Global revealed on Tuesday. The company […]
29 Jun, 2020 06:04 Follow RT on A group of militants armed with guns and grenades has attacked the Pakistan Stock Exchange in Karachi. Several civilians and attackers have been killed in the battle, local media reported, citing police. Four gunmen first attacked the main gate of the building with a grenade, then broke inside and opened fire indiscriminately, Geo News reported. Police quickly rushed to the […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202006291079744334-pakistan-stock-exchange-building-in-karachi-under-attack-reports-claim/ Four militants have stormed the Pakistan Stock Exchange building and opened indiscriminate fire, according to media reports. Source link
‘Unacceptable threat’ and ‘provocation’: European nations fume after US pulls out of talks on global digital tax …from Russia Today, Moscow [ Editor’s Note: The US pulled out of the digital tax talks with Europe when they were at the 11th hour. Gosh, might it have something to do with Trump’s election year worries? Internet giants like Google and Facebook have avoided taxation by parking their […]
Earlier reports claimed two of Britain’s biggest mobile operators, BT and Vodafone, warned the government that parts of the country might face mobile blackouts if they were to pull Huawei gear out of their networks following US pressure to ban the Chinese tech giant. British security officials have reportedly urged UK telecom operators such as BT and Vodafone to replenish their stockpiles of Huawei equipment amid […]
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November. The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of the trading session Monday, down 3.9%. The China-based crypto miner maker is trying to make […]
Stocks of bankrupt or near-bankrupt companies like car rental giant Hertz and Chesapeake Energy enjoyed epic rallies this week, even though equity holders will be the last in line to get paid when the firms finally go bust. During an extremely volatile week, Hertz, which filed for bankruptcy protection at the end of last month, saw its shares rising over 500 percent compared to its low […]
While this week’s sell-off in stocks was steep, the S&P 500 is still up 34% from its March 23 nadir on Friday morning. In other words, the United States’ fiscal and monetary COVID-19 stimulus efforts continue to be heavily favoring hedge fund managers, bankers and corporate CEOs. Meanwhile, as stocks have posted a record-breaking rally, 115,000 Americans have died from a pandemic that forced 38 million […]