Blog Profile / Business Insider: Money Game

Filed Under:Business & Finance
Posts on Regator:53370
Posts / Week:113.3
Archived Since:February 11, 2009

Blog Post Archive

Bitcoin cash is surging as other cryptocurrencies fall

Bitcoin cash was up 8% Friday morning, while other digital coins were in the red. The cryptocurrency has been accused of misleading investors by piggy-backing off the bitcoin name. Bitcoin cash was up more than 8% Friday morning, while...Show More Summary

Cryptocurrency investors on Coinbase got hit with thousands of dollars in 'ghost' charges after a credit card systems glitch

Coinbase users reported seeing thousands of dollars in repeat ghost charges after buying cryptocurrencies from the popular exchange. One person reported having 50 repeat charges — totalling $67,000 — hit their credit card at once. Coinbase...Show More Summary

Here comes Shake Shack ... (SHAK)

Shake Shack is scheduled to report fourth-quarter earnings after Thursday's closing bell. The burger chain is expected to earn $0.05 per share on revenue of $92.8 million, according to analysts surveyed by Bloomberg. Shake Shack hasShow More Summary

JPMORGAN: A key component of bitcoin's design might be its achilles heel during a financial meltdown

JPMorgan in a recent note outlined how bitcoin, since it is decentralized, would hit a speed bump if there were a shock to the economy. Since bitcoin are released at a set rate, there's no way for the system to handle a liquidity crisis...Show More Summary

Teva Pharmaceuticals soars after Warren Buffett's Berkshire Hathaway discloses a stake (TEVA)

Warren Buffett's Berkshire Hathaway on Wednesday disclosed a 1.86% stake in Teva Pharmaceuticals. Shares of the Israeli company soared more than 10% on the news. Shares of Israeli drugmaker Teva Pharmaceuticals exploded more than 10%...Show More Summary

A small loophole in the new GOP tax law could be a big win for hedge funds — now the Trump administration is scrambling to close it

A provision in the new GOP tax law would allow hedge fund managers to dodge a longer waiting period to claim the carried interest provision. Treasury Secretary Steven Mnuchin said Wednesday that the Internal Revenue Service will attempt...Show More Summary

Bitcoin clears $10,000 for first time in 2 weeks

Bitcoin is up more than 5% Thursday, above $10,000 for the first time in just over two weeks. Other cryptocurrencies are also up as crypto recovers from its early-February slump. You can track the price in real-time here>> Bitcoin passed...Show More Summary

BlackRock is using robots to better predict the future of the economy

BlackRock's Macro GPS tool is designed as an improvement to traditional economic indicators, and is intended to give investors a more forward-looking outlook. The firm is using the big data quantitative insights provided by its Scientific...Show More Summary

2 veterans at $5 billion quant hedge fund PDT Partners have left

Two long-standing staffers at $5 billion quant hedge fund PDT Partners have left, according to people familiar with the matter. They are: Daniel Pugh, who headed trading operations and worked at PDT for ten years, and; Michael Shpigelmacher, a senior investment researcher who worked at the fund for six years. Show More Summary

Jim Chanos on the return of choppy markets, Tesla, and the 'rent seeking behavior' that's hurting our economy

Business Insider Senior Finance Correspondent Linette Lopez spoke with famed short seller Jim Chanos at the Nasdaq Market Site about the reintroduction of inflation to the market for the first time since the financial crisis, which is causing volatility unseen years. Show More Summary

Wall Street’s favorite new thing to worry about may already be in the rearview mirror

Wall Street is worried stronger wage growth will lead the Federal Reserve to raise interest rates more quickly. Evidence from the Atlanta Fed's Wage Growth Tracker suggests the rate of increase in earnings peaked in 2016 and has been...Show More Summary

Nobel Prize-winning economist Paul Krugman has a biting take on Netflix's new show 'Altered Carbon'

Nobel Prize-winning economist Paul Krugman made a comment about Netflix's new show 'Altered Carbon' reflecting our own world and power structure. The show's violence against women has been a source of debate, with some saying it's gratuitous...Show More Summary

Gun stocks are rallying after the Florida school shooting (AODB, RGR, OLN)

Gun stocks are rallying after the Florida school shooting. This market reaction has become a pattern after mass shootings amid speculation that people may want to buy more guns if they're worried about new regulations. The shares ofShow More Summary

Warren Buffett just made life miserable for one group of investors

Warren Buffett and Berkshire Hathaway disclosed an almost $400 million stake in Teva Pharmaceutical after the market close on Thursday, sending the shares soaring. The big stock increase crushed short sellers, who were sitting on a more...Show More Summary

The world’s largest hedge fund is betting big against Europe

Ray Dalio’s Bridgewater Associates has upped its bet against European stocks to $22 billion. The world's largest hedge fund has short positions on some of the continent’s largest and most recognizable companies, including Adidas, Deutsche...Show More Summary

Cisco jumps 7% after reporting its first revenue growth in 2 years (CSCO)

Cisco's stock rose early Thursday after reporting upbeat quarterly results. The company reported revenue growth for the first time in two years. View Cisco's stock price in real time here. Shares of Cisco climbed 7% early Thursday after...Show More Summary

Amazon is bigger than Microsoft for the first time (AMZN, MSFT)

Amazon’s market value passed that of Microsoft for the first time Wednesday. Amazon is now the third-largest company in the United States. Shares of Amazon rose 2.57% Wednesday, sending its market value higher than Microsoft for the first time. Show More Summary

JPMORGAN: Cryptos face a major hurdle even if they become widely accepted as money

Cryptocurrencies don't stand a chance at usurping national currencies, according to JPMorgan. That's because they fail to meet the major criteria of a currency. Even if they did, the network effect of major currencies is too strong. You might have heard this before. Cryptocurrencies are a bad store of value and a bad unit of account. Show More Summary

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AAPL, BRK.A, GS, CSCO)

Here is what you need to know. Wall Street needs to brace for an even bigger inflation scare. While concerns about inflation and higher interest rates have recently rattled investors, an even bigger shock could emerge in April and May...Show More Summary

GOLDMAN SACHS: These 17 stocks offer the best bargains in the market right now

The equity market correction has created plentiful opportunities in stocks that are now trading at their most attractive valuations in months. Goldman Sachs has singled out the 17 companies that are the most mispriced, relative to their...Show More Summary

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