SEC public service campaign sparks outrage online

A new public service campaign custom made for investing during these meme-filled times is sparking outrage from some on social media who say it pokes fun at the very people its meant to educate. The pushback is less about the spot, which features a satirical TV game show called Investomania, than it is about whos […]

German Lawmakers Approve Scholz’s Military Spending Splurge

(Bloomberg) — German lawmakers paved the way for the creation of a special fund worth 100 billion euros ($107 billion) for additional military spending, part of a push by the government to transform the armed forces after years of underfunding. Most Read from Bloomberg Chancellor Olaf Scholzs ruling coalition needed the backing of the main […]

3 Reasons Amazon Stock Could Soar After Its Split

Investors get excited about stock splits. It’s certainly understandable; getting more shares of your favorite company can bring a smile to the faces of even the most stoic among us. It’s also true that companies that announce their intentions to split their stock tend to see their share prices run up as the split date […]

SNAP Stock Isn’t Quite at the Fire Sale Prices You Might Think

Source: dennizn / SNAP (NYSE:SNAP[1]) stock caught investors, analysts and the stock markets off-guard when it pre-announced weakness ahead. In its SEC filing[2], the company warned markets that it expects a shortfall in its second-quarter results. Revenue and EBITDA are drastically lower than the guidance issued just a month ago. SNAP stock plunged after […]

Crypto doesn’t belong in retirement accounts

I have long ago given up handicapping the price of bitcoin. I told people they were crazy to get in at $1,000. It doesnt get much less prescient than that. After falling by half to $29,000, bitcoin is now closer to $1,000 than it is to all-time highs around $70,000. Its not the golden ticket […]

US Economy, Labor Market Are Alive and Well

The May jobs report wasn’t too hot or too cold. It was just right for dispelling recession fears. The US added 390,000 jobs in May, reflecting the ongoing recovery at a slower rate. The report was “probably about the best” the Fed could hope for as it fights inflation, JPMorgan said. Loading Something is loading. […]