Business News
Cathie Wood Is Wall Street's Hottest Hand. Maybe Too Hot.
Wall Street Journal - 5 Feb 2021 18:54
ARK Investment's money under management grew more than fivefold from March to the end of last year. But when funds get too big, too fast, they often can't sustain their performance.
Protego Becomes Second Crypto Firm to Win Bank Charter From OCC
Coin Desk - 5 Feb 2021 18:11
The conditional approval from the U.S. banking regulator follows Anchorage's approval last month.
DeFi Project ArmorFi Awards $1.5M Bounty for Bug Alert That Potentially Saved Its Reserves
Coin Desk - 5 Feb 2021 13:43
ArmorFi's CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug.
The Senate voted to progress Biden's $1.9 trillion COVID-19 stimulus in an all-night session where VP Harris was the tiebreaker
Business Insider - 5 Feb 2021 13:32The 5 best home safes in 2021
Business Insider - 5 Feb 2021 22:49Robot Motherships To Launch Drone Swarms From Sea, Underwater, Air And Near-Space
Forbes - 5 Feb 2021 15:36Guggenheim Investments Increases Bitcoin Fair Value Estimate -- Says BTC Price Could Reach $600K
Bitcoin.com - 5 Feb 2021 05:30
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggen...
Clover Health stock drops on allegations it's facing DOJ probe
New York Post - 5 Feb 2021 02:38
The King of SPACs is under fire from a short-seller gunning for a crown of his own. Shares in Clover Health were down more than 12 percent on Thursday after an excoriating report from an up-and-coming short seller that r...
Ford lost $1.3 billion in 2020 and will slow production due to chip shortages.
The New York Times - 5 Feb 2021 02:20
The company said it was increasing spending on developing electric vehicles as the shift away from conventional autos accelerates.
Bitcoin and Ethereum Eye Fresh Rally, Altcoins Extend Gains
Crypto News - 5 Feb 2021 15:02
Bitcoin price is currently (12:55 PM UTC) trading above USD 38,000 and if the bulls succeed to keep this level, the price could surge towards the USD 40,000 level. Besides, most major altcoins might continue moving highe...
Boeing's New Big Plane Is Its Big New Problem
Wall Street Journal - 5 Feb 2021 14:59Fauci explains why you should keep wearing a face mask after receiving a COVID-19 shot
Business Insider - 5 Feb 2021 14:47Market Snapshot: Dow poised to rise near record as investors await January jobs report
Market Watch - 5 Feb 2021 14:27
U.S. stocks on Friday morning are indicated higher, with the benchmarks on track for the best weekly gain in three months, as investors watched for the monthly reading of the state of the country's labor market.
Amazon's Retail Side Won't Be a Side Hustle
Wall Street Journal - 5 Feb 2021 14:00
The elevation of Amazon's cloud boss to the chief executive role won't change the company's dependence on its core e-commerce business.
10 things you need to know before the opening bell
Business Insider - 5 Feb 2021 13:18Does Adobe's Stock Have 20% Growth Potential?
Forbes - 5 Feb 2021 13:00Amazon Would Likely Pay Even More Tax Under Biden Plan
Wall Street Journal - 5 Feb 2021 12:30Regulators Say Market Infrastructure Was Resilient in GameStop Frenzy
Wall Street Journal - 5 Feb 2021 01:37
The Treasury Department, SEC and other regulators discussed market functionality and recent trading practices in equity, commodity and related markets.
The 10-Year Treasury Yield Keeps Going Higher And Higher
Forbes - 5 Feb 2021 23:56After Being Held at Arm's Length, DraftKings Gets Its Super Bowl Ad Embrace
AdWeek - 5 Feb 2021 21:56
Just 11 months after the pandemic paused professional sports and put a halt to DraftKings' entire operation--costing the company millions--the sports betting platform has made it to the Super Bowl. With all the pomp and ...
SoftBank-Backed Greensill Delays Fundraising
Wall Street Journal - 5 Feb 2021 21:55
The supply-chain finance company says it needs money to expand, but it has also faced several client defaults.
Many New ETFs, Forced to Chase Trends, End Up Faring Poorly
Wall Street Journal - 5 Feb 2021 21:00
A study finds that many new ETFs invest in overvalued stocks, and then lag behind the broad market's returns.