North Korea’s huge crypto hack marks a new era in cybersecurity threats. “If there was ever a doubt that hacks were not tied to national security, that’s been resolved,” a blockchain expert told Insider. Ari Redbord of TRM broke down how the hack signifies the emergence of a new kind of cyber warfare. Loading Something… Continue reading A blockchain expert explains how North Korea’s $625 million crypto hack presents a new national security threat — and why it marks a shift in the global ‘digital battlefield’
Investors are making a mistake by ignoring these 3 discounted stocks, says a value portfolio manager who beat 92% of peers in 2021
US Markets Loading… H M S Premium Scott McBride, the CEO of Hotchkis & Wiley Capital Management, helps run a fund that excelled in 2021. Scott McBride/Hotchkis & Wiley This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Scott McBride, CEO of Hotchkis & Wiley Capital Management, runs a… Continue reading Investors are making a mistake by ignoring these 3 discounted stocks, says a value portfolio manager who beat 92% of peers in 2021
Peter Thiel called out Warren Buffett, Jamie Dimon, and Larry Fink as bitcoin’s enemies. Here’s how 6 crypto experts reacted.
Peter Thiel recently announced a bitcoin “enemies list” that included Warren Buffett, Jamie Dimon, and Larry Fink. He described Buffett — who has repeatedly dismissed bitcoin — as “enemy No. 1.” Some crypto experts told us Thiel may not exactly be right because many investors don’t follow old-school wisdom. Loading Something is loading. Tech investor… Continue reading Peter Thiel called out Warren Buffett, Jamie Dimon, and Larry Fink as bitcoin’s enemies. Here’s how 6 crypto experts reacted.
Recent stock strength may be nothing more than a bear-market rally fueled by ‘wishful thinking’ and excess liquidity, says a Morgan Stanley investment chief
Lisa Shalett, the CIO of wealth management at Morgan Stanley, said in a note last week that stock investors have been too optimistic. She argued that recent strength in stocks may be a bear-market rally driven by “wishful thinking” and excess liquidity. Shalett laid out three risks, including Fed policy tightening, higher rates, and macroeconomic… Continue reading Recent stock strength may be nothing more than a bear-market rally fueled by ‘wishful thinking’ and excess liquidity, says a Morgan Stanley investment chief
Robinhood CEO says it’d be possible for dogecoin to ‘outperform Visa’ and become the future of currency
Robinhood CEO Vlad Tenev took to Twitter to break down his thoughts on the cryptocurrency, dogecoin. “Can #Doge truly be the future currency of the Internet and the people?” he wrote to begin a Twitter thread. He said that transaction rates would need to increase for doge to compete with Visa, and explained how this… Continue reading Robinhood CEO says it’d be possible for dogecoin to ‘outperform Visa’ and become the future of currency
China frees up $83 billion in cash for its banks as the economy faces its slowest growth in 3 decades
China’s central bank cut the level of money it requires banks to hold in reserves in a move to bolster economic growth. The People’s Bank of China cut its reserve requirement ratio by 0.25% for commercial banks. China is dealing with slower growth as it battles fresh rounds of COVID-19 outbreaks. Loading Something is loading.… Continue reading China frees up $83 billion in cash for its banks as the economy faces its slowest growth in 3 decades
Warren Buffett praises Elon Musk, applauds Jeff Bezos, and discusses old age in a new interview. Here are the 12 best quotes.
Warren Buffett applauded Elon Musk, MacKenzie Scott, and Jerome Powell in a new interview. The Berkshire Hathaway CEO reflected on his age, his legacy, and the main drivers of his success. Buffett commended Bill Gates and Melinda French Gates for devoting time and money to philanthropy. Loading Something is loading. Warren Buffett praised Tesla CEO Elon… Continue reading Warren Buffett praises Elon Musk, applauds Jeff Bezos, and discusses old age in a new interview. Here are the 12 best quotes.
Twitter cut to ‘sell’ at Stifel as ‘full blown Elon circus’ sets a near-term ceiling in share price and increases downside risk
Stifel cut Twitter stock to “sell” on Thursday after Elon Musk made a $43 billion bid to buy the company.”Full blown Elon circus” sets a near-term ceiling on the stock price and detaches Twitter from its fundamentals, Stifel said.Twitter has said its board of directors will review Musk’s bid to buy the company for $54.20… Continue reading Twitter cut to ‘sell’ at Stifel as ‘full blown Elon circus’ sets a near-term ceiling in share price and increases downside risk