If someone offered to sell you a dollar for 90 cents … well, you’d probably think it was too good to be true. Yet these are exactly the kinds of opportunities that arise in the market’s best closed-end funds (CEFs). CEFs are a type of investment fund, and in fact, they are older than mutual… Continue reading The 10 Best Closed-End Funds (CEFs) to Buy Now
mutual funds: Advice, News, Features & Tips | Kiplingerkiplingerkiplinger
Latest The 5 Best Actively Managed Fidelity Funds to Buy Now mutual funds In a stock picker’s market, it’s sometimes best to leave the driving to the pros. These Fidelity funds provide investors solid active management at low costs. mutual funds The 6 Safest Vanguard Funds to Own in a Bear Market recession Batten the… Continue reading mutual funds: Advice, News, Features & Tips | Kiplingerkiplingerkiplinger
The massive ChatGPT craze has reached Asia, lifting some Chinese AI stocks up to 60% in just a few weeks
China’s stock market appears to be buying into the ChatGPT hype, with local AI stocks flourishing.NurPhoto/Contributor/Getty Images Chinese AI stocks have been rallying as the market appears to join ChatGPT-driven hype. Computer vision tech group Beijing Deep Glint Technology Co. rose more than 15% Wednesday. The stocks initially disappointed after China’s economy reopened due to… Continue reading The massive ChatGPT craze has reached Asia, lifting some Chinese AI stocks up to 60% in just a few weeks
‘Big Short’ legend Michael Burry issues a grave warning to investors with a one-word tweet: ‘Sell.’
Michael Burry issued a grim warning to investors by simply tweeting: “Sell.” The “Big Short” legend was likely responding to the stock market’s astounding comeback in January. Burry recently compared the S&P 500’s rebound to its short-lived rally during the dot-com crash. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading ‘Big Short’ legend Michael Burry issues a grave warning to investors with a one-word tweet: ‘Sell.’
Bankrupt crypto lender Celsius used Quickbooks for its accounting just like FTX, report says
Bankrupt crypto lender Celsius used QuickBooks to log its finances just like FTX. The company went bust last July as the cryptocurrency market underwent a huge sell-off. According to an examiner’s report, Celsius’ tracked its finances in 15 QuickBooks files and failed to produce consolidated statements. Loading Something is loading. Thanks for signing up! Access… Continue reading Bankrupt crypto lender Celsius used Quickbooks for its accounting just like FTX, report says
Investors are hooked on the ‘heroin’ of Fed rate cuts but the focus will turn to earnings gloom, Morgan Stanley’s top strategist says
The Federal Reserve’s not going to start cutting interest rates soon, Morgan Stanley’s top strategist said. When investors realize that, the focus will shift to the weakness in earnings, Mike Wilson told CNBC. “There’s no ‘heroin’, so to speak – we’re going to price to fundamentals, which are clearly deteriorating in our view,” he said.… Continue reading Investors are hooked on the ‘heroin’ of Fed rate cuts but the focus will turn to earnings gloom, Morgan Stanley’s top strategist says
Elon Musk’s ‘funding secured’ tweet cost investors $12 billion over 10 days, jury reportedly told
Elon Musk’s “funding secured” tweet cost Tesla investors $12 billion in just 10 days, a jury was told per Bloomberg. Michael Hartzmark of Forensic Economics said investors who took both long and short positions were burned. Musk is being sued after indicating in 2018 that he had funding in place to take Tesla private at… Continue reading Elon Musk’s ‘funding secured’ tweet cost investors $12 billion over 10 days, jury reportedly told
When Your Child Starts Watching TV Could Impact Their Academic Success, Per New Study
In 1981, the Select Panel for the Promotion of Child Health made some important calculations. “Children are one third of our population and all of our future,” the panel said. Technology has advanced dramatically in the 42 years since the group crunched those serious numbers and now new research is raising concerns about tech’s impact… Continue reading When Your Child Starts Watching TV Could Impact Their Academic Success, Per New Study
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