Tesla could have made more in profits from its recent bitcoin investment than it has made selling EVs, Yahoo! Finance reported. When bitcoin hit the $50,000 mark for the first time ever, this continued the 2021 rally that has been sending it higher on increased adoption. Tesla purchased $1.5 billion in bitcoin last month, and even though it hasn’t revealed its average purchase price or how many bitcoins it holds, Tesla could be raking in the profits. In January, Bitcoin traded between… Source link
Read More »Bitcoin Reclaims $40K Mark, Moving Closer To All-Time High
TipRanks Wells Fargo: These 2 Stocks Could Climb at Least 30% After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion stimulus package. So, where is the market heading next? Investment firm Wells Fargo sees long-term appreciation… Source link
Read More »How YouTube, Cloud, and Hardware Drove Alphabet Stock to an All-Time High
Google parent Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) — the dog among the FAANG stocks in 2020 — just saw its stock price surge to new all-time highs. The internet search and digital advertising leader posted a better-than-expected conclusion to 2020 and is poised to have a great 2021 as it starts to lap the… Source link
Read More »Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
Read More »Canelo’s an all-time great, so who should he face next?
It’s almost getting unfair how good Canelo Alvarez has become. Sooner or later, if he fights long enough, they’re going to have to put him in a handicap match like they did for Andre the Giant or Haystacks Calhoun back in the day in pro wrestling. One guy isn’t going to have much of a chance against Alvarez now, who since his 2013 loss to Floyd Mayweather has morphed into the best and most complete fighter in the world. His brilliance — and that of trainer Eddy Reynoso — was on… Source link
Read More »Stocks Surge to All-Time High on Vaccine Progress: Markets Wrap
(Bloomberg) — Stocks are extending a global rally on the clearest sign of progress yet in developing a vaccine to stem the Covid-19 pandemic. Futures on the S&P 500 jumped 3% after news that the vaccine being developed by Pfizer Inc. and BioNTech SE prevented more than 90% of infections in a study of tens of thousands of volunteers. Contracts on the Russell 2000 Index of small-cap stocks surged 7%. Pfizer’s Covid Vaccine Prevents 90% of Infections in Large Study The vaccine announcement… Source link
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