Fintel reports that Elliott Investment Management has filed a 13D/A form with the SEC disclosing ownership of 7.06MM shares of Seadrill Ltd. (SDRL). This represents 8.8% of the company. In their previous filing dated…
Hong Kong’s vibrant retail crypto industry has benefited from China’s ban on cryptocurrency transactions and overseas exchanges. With cryptocurrency transactions deemed illegal on the mainland, Chinese visitors are flocking to Hong Kong’s lightly regulated brick-and-mortar crypto…
3 in 5 state that they have started suffering from workplace stress this year – over half feel employers aren’t doing enough. 60% of professionals suffer from workplace-related stress 45% of professionals saying concerns…
MUFG Bank, one of the three megabanks in Japan, reportedly invested billions of yen to buy a 18% stake in Groovenauts, a quantum computing startup. The investment makes MUFG the first among Japan’s three…
Fintel reports that on July 11, 2023, Goldman Sachs maintained coverage of Azul S.A. – ADR (NYSE:AZUL) with a Neutral recommendation. Analyst Price Forecast Suggests 18.40% Upside As of July 6, 2023, the average…
On July 7, the official Multichain account informed the public that the protocol stopped functioning entirely, leaving existing bridge transactions “stuck on the source chains.” The account advised to stop using Multichain altogether. Interestingly,…
Second quarter earnings season is finally here. First quarter was supposed to be dramatic due to the banking crisis, but instead, it was fairly typical. No actual drama ensued. The big banks will lead…
Cathie Wood’s Ark Investment Management LLC, known for its active management of ETFs focused on disruptive technology, stunned the market by reducing its holdings of Coinbase Global (COIN), per a Bloomberg article, quoted on…
Strange but true: seniors fear death less than running out of money in retirement. And older Americans have legitimate reasons for this worry, even if they have dutifully saved for their golden years. That’s…
The pessimism around AMC Entertainment (US:AMC) stock is on the rise. Most of the owners of its options seem to be betting against it, analysts at Citi are very pessimistic and U.S. movie theater…
Inflation in the US dropped to 3% annually in June, while the core consumer price index (CPI) fell to 4.8%. The data represents a notable retracement in inflationary pressures, but it will likely do…
The number of countries moving toward authoritarianism is more than double the number moving toward democracy, according to the Stockholm-based International Institute for Democracy and Electoral Assistance. And countries lacking democratic institutions — free…
Since its release in 2017, TikTok has quickly become a global phenomenon. Depending on whom you ask, the platform is a relatively benign social media product or a Trojan horse that produces a firehose…
Fintel reports that Gamco Investors, Inc. Et Al has filed a 13D/A form with the SEC disclosing ownership of 1.15MM shares of Flushing Financial Corp. (FFIC). This represents 3.91% of the company. In their…
Fintel reports that on July 10, 2023, Societe Generale downgraded their outlook for Goldman Sachs Group (NYSE:GS) from Buy to Hold . Analyst Price Forecast Suggests 23.85% Upside As of July 6, 2023, the…
Fintel reports that on July 10, 2023, Goldman Sachs maintained coverage of NVIDIA (NASDAQ:NVDA) with a Buy recommendation. Analyst Price Forecast Suggests 13.62% Upside As of July 6, 2023, the average one-year price target…
The public-facing generative artificial intelligence (AI) chabot ChatGPT reached 100 million unique users in just two months – a record that makes it the most popular consumer product in history. Generative AI is one…
Minnesota Governor Tim Walz signed into law a one-time tax rebate in May. Now, the Department of Revenue has developed a process to help residents know how they can get the Minnesota tax rebate…
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor’s dream. However, when you’re an income investor, your primary focus is generating consistent…
The safe withdrawal rate is not always the same number. The 4 percent rule makes no sense. Those of us who follow peer-reviewed research have known this for 42 years. Once Shiller published his…
