Tag Archives: hated

‘They will come to a bad ending’: A year since its $69K peak, Bitcoin has plummeted more than 70% — here’s why Warren Buffett has hated cryptocurrency all along It’s been a tough year for Bitcoin and its backers. And even back in 2018, the Oracle of Omaha predicted that it and other cryptocurrencies were headed for trouble. “They will come to a very bad ending,” Warren Buffett told CNBC at the time. After hitting an all-time peak of around $69,000 per unit on November 10, 2021, the world’s… Source link

Mark Cuban says baby boomers went from “fighting the man” to becoming what they’d hated in the 60s and 70s. Last week, the billionaire said on a podcast that he believes Gen-Z is the “greatest” generation. Cuban said Zoomers have a greater consideration for mental health and are changing the workplace. Billionaire investor and baby boomer Mark Cuban dubbed his generation “disappointing” in a tweet on Sunday. The 64-year-old billionaire made the comment in response to another Twitter user who… Source link

Starbucks stock (SBUX) has fallen out of favor with investors. Shares of the coffee-selling powerhouse are down 20% in the past year, according to Yahoo Finance Plus data, badly lagging the S&P 500’s 14% gain. McCafé coffee seller McDonald’s has seen its stock rise 6% in the past year, while Restaurant Brands (which owns coffee chain Tim Horton’s) shares are down 10%. Jefferies analyst Andy Barish in a new note on Wednesday points to three things holding back shares of Starbucks. “The factors… Source link

Ally Financial (ALLY), having tested a banking model without overdraft fees, is making it permanent. The move applies to all types of accounts — including checking and savings — and there are no requirements or restrictions. In April 2020, Ally began to waive overdraft fees, citing coronavirus pandemic hardships many customers faced. On June 2 Ally said it’s eliminating those fees for good. “Overdraft fees are a pain point for many consumers but are particularly onerous for some. It is… Source link

Bitcoin’s in a slump — here’s why Warren Buffett has hated it all along The past month and a half has been bumpy for Bitcoin. After a bully first quarter of 2021 that led to an all-time peak of $63,000 per unit in mid-April, the world’s leading digital currency has since lost more than 40% of its value, settling at just over $35,000 on Friday, May 28. Holdout investors who only a couple of months ago may have thought they’d missed an opportunity of a lifetime are now sighing with relief;… Source link