Exxon Mobil is in talks with car manufacturers to become a lithium supplier, sources told Bloomberg. That includes Tesla, Volkswagen, and Ford. Battery manufacturers such as Samsung are also involved. The oil giant is putting effort into joining the EV race, already drilling for lithium in Arkansas. Loading Something is loading. Thanks for signing up!… Continue reading Exxon looks to EV boom as oil giant is in talks to supply lithium to Tesla and other automakers, report says
Wharton professor Jeremy Siegel says the stock market is headed to new all-time highs thanks to a strong economy and resilient corporate earnings
Stocks are headed for a new record, Wharton professor Jeremy Siegel told CNBC on Friday. “Lower inflation and stronger economy and good guidance and good profits, what’s to stop this market now?” The S&P 500 is just 4% away from its all-time-high of 4,796, which it notched in January 2022. Loading Something is loading. Thanks… Continue reading Wharton professor Jeremy Siegel says the stock market is headed to new all-time highs thanks to a strong economy and resilient corporate earnings
China’s yuan expands its growing foothold in South America as Bolivia reduces reliance on US dollar
China’s yuan is expanding its foothold in South America as Bolivia reduces its reliance on the dollar. The country’s yuan transactions from May to July accounted for about 10% of its foreign trade in that span. Bolivia has been hit by dollar shortages recently as lower natural gas production hit exports. Loading Something is loading.… Continue reading China’s yuan expands its growing foothold in South America as Bolivia reduces reliance on US dollar
Bitcoin could hit a new high now that BlackRock’s Larry Fink got ‘orange-pilled’ and became a true believer, billionaire Mike Novogratz says
Bitcoin could hit a new record high now that Blackrock’s Larry Fink is a believer, Mike Novogratz said. “The most important thing that happened this year in bitcoin is Larry Fink,” he said on Bloomberg TV. Bitcoin’s current all-time high is $69,000 set in 2021, and it’s now hovering below $30,000. Loading Something is loading.… Continue reading Bitcoin could hit a new high now that BlackRock’s Larry Fink got ‘orange-pilled’ and became a true believer, billionaire Mike Novogratz says
What Is Options Trading?
By definition, options are contracts that entitle the holder to buy or sell shares of the underlying asset at a specific price by a specific date. However, many active options traders never plan to touch the underlying shares themselves. Instead, they buy and sell options – sometimes in various combinations known as “spreads” – with… Continue reading What Is Options Trading?
Special Dividends Are On The Rise — Here’s What to Know About Them
The first half of 2023 was exciting for investors, as a new bull market was born and tech stocks went on a tear. Even supposedly staid dividends got a little spicier, as 36 firms in the broad-market S&P 1500 index paid out special dividends – extra, one-time payments on top of their regular dividend payouts… Continue reading Special Dividends Are On The Rise — Here’s What to Know About Them
Why You Should Pick Businesses, Not Stocks
Warren Buffett, the chairman of Berkshire Hathaway, is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock… Continue reading Why You Should Pick Businesses, Not Stocks
One of the most accurate recession predictors is only half right. Here’s what the yield curve is actually saying, according to a market veteran
One of the most accurate recession predictors is only half right, market veteran Ed Yardeni told Insider. The yield curve has been inverted for more than a year, but it doesn’t mean a recession is ahead. “But we certainly had a recession in housing. We certainly had a recession in retailing,” he explained. Loading Something… Continue reading One of the most accurate recession predictors is only half right. Here’s what the yield curve is actually saying, according to a market veteran
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