By Dan Weil ‘We prefer companies that have strong free cash flow or distribute cash to shareholders,’ Bank of America said. Bank of America has put together a list of what it calls attractive inflation-protected-yield stocks. “With cash moving from wor…
Sell Twitter, Buy Tesla? Here’s the Trade as Doubts About Musk’s Offer Loom.
By Bret Kenwell Twitter stock is slumping and Tesla stock is popping on concern that Elon Musk will pull his offer for Twitter. Here’s how to trade the stocks now. The drama between Twitter (TWTR) – Get Twitter, Inc. Report and Tesla (TSLA) – Get Tesla…
Musk Sends Positive Signals to Tesla Investors and Fans
By Luc Olinga Elon Musk’s financing of the acquisition of microblogging website Twitter involves a margin loan tied to the billionaire’s Tesla shares. Tesla (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a bit more easily. Sinc…
Bitcoin Billionaire Fortunes Plummet in Crypto Meltdown
By Luc Olinga After reaching $3 trillion in November, the market value of the crypto market has fallen to $1.37 trillion. It’s an early May to forget for crypto billionaires. In a few days they saw their efforts reduced to nothing. For years they fough…
Cathie Wood Watch: Ark Piles Into Coinbase and a Videogame Platform
By Dan Weil Wood’s flagship Ark Innovation ETF has plunged 54% so far this year, as its young technology companies have slumped. Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguere…
What is Twitter Saying About ‘Top Gun: Maverick’?
By Michael Tedder Nearly 40 years later, does the sequel take flight? Sequels to popular films that arrive decades afterwards are a funny thing. They have a reputation as a cash grab for stars whose popularity have peaked, and are seeking to capitalize…
Disney Has a Massive ‘Star Wars’ Hit Many Never Expected
By Daniel Kline The theme park giant bet big on Star Wars yet again and that bet has appeared to pay off. “Star Wars” has had a mixed response since Walt Disney (DIS) – Get Walt Disney Company Report spent $4 billion buying the franchise, as well as a …
UST and Luna Coins Collapse, Creating Crypto Chaos
By Luc Olinga The crypto market has lost almost $1.6 trillion from its all-time high of $3 trillion. After days of cryptocurrency chaos, let’s take stock of the damage. The cryptocurrency market is valued at $1.35 trillion, a good deal less than half i…
Carnival Unveils a Surprise Answer to Royal Caribbean’s CocoCay
By Daniel Kline Carnival Cruise has a big surprise for its fans and investors (and maybe delivers a perfect day). You can’t watch television without seeing ads for Royal Caribbean (RCL) – Get Royal Caribbean Group Report. The cruise line has been one o…
Tesla Stock Rallies As Elon Musk Puts Twitter ‘On Hold’, But China, Bitcoin Inflation Challenges Remain
By Martin Baccardax Elon Musk might have more focus — and more cash — for Tesla if he walks away from his $44 billion pursuit of Twitter, but the clean-energy carmaker still faces myriad near-term challenges. Tesla (TSLA) – Get Tesla Inc Report share…