Bored Ape creator’s purchase of CryptoPunks means it now owns the two of the top-selling NFT projects

Yuga Labs, the team behind Bored Ape Yacht Club, has acquired CryptoPunks and Meebits from Larva Labs. Bored Ape Yacht Club and CryptoPunk NFTs have together done more than $3 billion in trading volume.  Yuga Labs now owns the two of most valuable NFT projects on the market.  Loading Something is loading. Bored Ape Yacht… Continue reading Bored Ape creator’s purchase of CryptoPunks means it now owns the two of the top-selling NFT projects

Deutsche Bank shares jump 12% as the German investment bank plans to wind down Russian operations following backlash

Deutsche Bank shares soared Monday after the company said it’s winding down operations in Russia.  The German financial services firm faced criticism for initially saying it would stay in Russia following its invasion of Ukraine.  The company said it’s helping its non-Russian multinational clients reduce their operations. Loading Something is loading. Deutsche Bank stock surged… Continue reading Deutsche Bank shares jump 12% as the German investment bank plans to wind down Russian operations following backlash

Don’t Let Filing Multiple W-2s Scare You

According to the United States Census Bureau, 13 million Americans had more than one job in 2019, and the number is only projected to increase as more Americans need supplemental income, desire to increase their skill set, or there is an inclination to explore different interests. If we add in the population of people who… Continue reading Don’t Let Filing Multiple W-2s Scare You

JPMorgan is the largest counterparty of the nickel ‘big short’ and is leading talks to contain the damage to the market: reports

Hamza Fareed Malik Traders, brokers and clerks shout and gesture on the first day of in-person trading at the London Metal Exchange Leon Neal/Getty Images JPMorgan is caught in the nickel short squeeze as the biggest counterparty to a Chinese tycoon’s trades, Bloomberg reported. Trades by Xiang contributed to a surge in nickel above $100,000… Continue reading JPMorgan is the largest counterparty of the nickel ‘big short’ and is leading talks to contain the damage to the market: reports

The stock market’s fear index is sending mixed signals to investors and that could mean a bottom is near, Fundstrat says

The stock market’s fear index sent mixed signals to investors this week, and that could be a sign that a bottom is near, according to Fundstrat.While the VIX often moves in the opposite direction of the stock market, both the VIX and S&P 500 fell on Thursday.”Every single instance was ‘proximity to low’ and 8… Continue reading The stock market’s fear index is sending mixed signals to investors and that could mean a bottom is near, Fundstrat says

The outlook for the Fed to be able to tame hot inflation is much less certain amid war in Europe, experts say

The war in Ukraine complicates the Fed’s plan to tackle inflation via rate hikes, experts told Insider. The Federal Open Market Committee will hold its first meeting of 2022 on March 15 and 16.  Powell is likely to de-emphasize forward guidance at his press conference.  Loading Something is loading. The war in Ukraine won’t throw… Continue reading The outlook for the Fed to be able to tame hot inflation is much less certain amid war in Europe, experts say

Warren Buffett plows another $1.5 billion into Occidental Petroleum — boosting his wager to $6 billion in 8 trading days

Warren Buffett invested another $1.5 billion in Occidental Petroleum stock this week. Buffett’s Berkshire Hathaway has plowed $6 billion into the energy stock in eight trading days. Berkshire now commands a 13% stake, valued at $6.9 billion as of Friday’s close. Loading Something is loading. Warren Buffett’s Berkshire Hathaway piled $1.5 billion into Occidental Petroleum in… Continue reading Warren Buffett plows another $1.5 billion into Occidental Petroleum — boosting his wager to $6 billion in 8 trading days

Will It be March Madness in the Stock Market? | Kiplinger

investing Markets have been crazy. For perspectives about what may be next, turn to … basketball. Believe it or not, college basketball’s championship tournament may hold insights for investors.So far, Ukraine, inflation, and interest rate worries are moving markets. Still to come are the November midterm elections and possibly a new spending and tax bill.… Continue reading Will It be March Madness in the Stock Market? | Kiplinger