Investing News

The value of a cryptocurrency is only as secure as its network. Within the context of bitcoin, this security translates to validated and verifiably true transactions in the nodes operating in its network. Key Takeaways Security is key for most cryptocurrencies, including bitcoin. On the Bitcoin network, transactions are validated in each node. However, this is a
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Chime CEO Chris Britt Source: Chime Chime has raised a new $750 million Series G round of funding that values the fintech company at $25 billion — $10 billion higher than its last reported valuation of $15 billion from October 2020, according to PitchBook data. Chime, a so-called “challenger bank” known for fee-free banking, early paydays
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China exchange-traded funds (ETFs) offer a way for investors to geographically diversify their portfolios by owning stakes in a basket of companies in the world’s second-largest economy. Despite the large number of state-owned Chinese enterprises, there are still many companies there whose shares are publicly traded, including Tencent Holdings Ltd. (700), Ping An Insurance Group
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Preferred stockholders have a higher claim to dividend payouts and the distribution of assets compared to common stockholders. In the event that a company liquidates, holders of preferred stock have a greater chance of getting paid. However, these perks do come at a cost: many preferred stockholders do not enjoy voting rights in the company and the
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An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus will later this week go public on the Nasdaq, a month after settling Securities and Exchange Commission charges that it misled investors. Stable Road Acquisition Corp, a special purpose acquisition company or SPAC, on Wednesday announced its
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High-yield bonds can be an attractive vehicle for investors because they pay higher interest rates than investment-grade bonds. On the other hand, high-yield bonds (alternately known as “junk” bonds) also carry a greater chance of defaulting than investment-grade bonds, making them a riskier addition to a portfolio. Investors seeking to benefit from the higher interest
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Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup told employees that they’ll need to get the Covid-19 vaccination before returning to its offices, becoming one of the only major U.S. banks to take that stance. The
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Kristine Davis, a spacesuit engineer at NASA’s Johnson Space Center, wears a ground prototype of the new Exploration Extravehicular Mobility Unit (xEMU), during a demonstration on Oct. 15, 2019. Joel Kowsky / NASA Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits, after a watchdog report on Tuesday said the agency’s current
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Honda Motor Company (HMC) is a public multinational auto manufacturer headquartered in Tokyo, Japan. The company also manufactures motorcycles, power equipment, jet aircraft, solar cells, and robotics. It has assembly plants in Europe, North and South America, and Asia. Honda has established major manufacturing plants in the United States, and in 2013, it became the first Japanese
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A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX SpaceX is acquiring satellite data start-up Swarm Technologies, in a rare deal by Elon Musk’s space company that expands the team, and possibly the technological capabilities, of its growing Starlink internet service. Swarm, which has 120 of its tiny SpaceBEE satellites in orbit,
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Jim Yong Kim served as the 12th President of the World Bank from 2012 to 2019. This Korean-American former physician and anthropologist has achieved many other significant personal accomplishments throughout his life, and he is widely celebrated as an inspirational success story. Key Takeaways Appointed by President Barack Obama, Jim Yong Kim served as the
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Biotechnology and pharmaceutical companies both produce medicines, but the medicines made by biotechnology companies are derived from living organisms while those made by pharmaceutical companies generally have a chemical basis. The coining of the term biopharma further complicates matters. The term describes companies that are using both biotechnology and chemical sources in their medical research and development
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Traders at the New York Stock Exchange. Source: NYSE The market is churning at record levels as Covid fears ramp up and political uncertainty swirls, but there are still buying opportunities for investors. On Tuesday, Stephanie Link of Hightower Advisors, Josh Brown of Ritholtz Wealth Management, investor Pete Najarian and I joined Scott Wapner on
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