Argentine soccer star Lionel Messi will receive payment in cryptocurrency tokens as part of his move to French club Paris Saint-Germain, the club announced Thursday. Amid soaring popularity of cryptocurrency, the player’s lucrative two-year deal with the team further legitimizes
Lessons Learned by A First-Time Options Trader
Like so many others, I got into the market at the beginning of the pandemic. I thought it would be a great way to pass some time during the quarantine and at the suggestion of my friends, I opened a Robinhood (HOOD) account.
What Is an Earnings Call and Why Should Investors Care About It?
It can help to think of an earnings call like a report card for a business. Just like how students explain their report cards to their parents at the end of a semester or school year, public companies will meet with investors, analysts and the media to discuss their recent perfor
50 Years After the ‚Nixon Shock‘
It was 50 years ago today that Nixon met at Camp David and decided to close the gold window, thus ending the Bretton Woods system of exchange rate management.
Why Stocks are Still Surging in the Face of the Delta Variant?
Covid is resurgent, both here in the States and around the world, and yet the major stock indices keep hitting record highs. Why is that?
Activist fund Starboard helps data center firm Cyxtera close its valuation gap via SPAC merger
Cyxtera recently debuted on the public markets through a merger with Starboard Value Acquisition Corp., a special purpose acquisition company.
Chime raises $750 million, earns big jump in valuation as another fintech moves closer to IPO
Chime has raised a fresh $750 million to value the fintech company at $25 billion, a $10 billion jump in valuation from its last round less than a year ago.
Boeing delays test flight of Starliner crew spacecraft for at least two months after valve problems
Boeing’s second uncrewed flight test of its Starliner spacecraft is delayed for at least two months due to difficulties with propulsion valves.
Space company Momentus begins trading on the Nasdaq, with new CEO after turbulent SPAC merger
Space company Momentus debuted on the Nasdaq on Friday, completing a nearly yearlong and turbulent merger process.
IRS, Treasury send $15 billion in child tax credit payments to families
About 15% of families who got direct deposit for their July payment will get a paper check for August due to a technical error, the Treasury and IRS said.