Tag Archives: institutional

Rising mortgage rates have sidelined many would-be homebuyers, but for institutional investors, it has become an opportunity as home builders try to unload properties. “What we’re seeing is builders have to make their quota. They have to make the end-of-the-year numbers,” Kinloch Partners Cofounder and CEO and President Bruce McNeilage told Yahoo Finance Live (video above). “So they’re reaching out to folks like us, the institutional owners of houses, and we’re buying in bulk using those as… Source link

The S&P 500 (^GSPC) continues to further its 52-week low point as inflation came in hotter than expected for April. CPI rose by 8.3%, down slightly from March’s 8.5% but still above consensus forecasts. In light of the market trough, however, a recent Bank of America (BAC) Global Research report notes that retail and institutional investors continue to “buy the dip.” “More dip-buying: last week, during which the S&P 500 was -0.2%, [private] clients were net buyers of U.S. equities… Source link

Lawmakers and regulators’ increasing scrutiny of crypto markets, including the debate over the U.S. infrastructure bill’s crypto tax reporting provision, may be spooking retail investors but not institutional ones, recent blockchain data from Glassnode indicates.   These larger investors, as represented by large-value dollar transactions, fueled Bitcoin’s nearly 20% price gains since last week, the Berlin-based blockchain data firm found. A number of analysts say the trend shows that… Source link

A shareholder resolution calls for a third-party audit of Google’s whistleblower policies. SOPA Images/LightRocket via Getty Images A year after Alphabet’s board voted against a measure to review its whistleblower protections, one of its shareholders is pushing the measure again in the hope that institutional investors will bolster support for the effort in light of high profile firings at its subsidiary, Google and complaints of illegally spying on employees. Brought by Trillium… Source link

Digital-asset traders and analysts were scrambling Tuesday to assess a fresh data point extracted from the Bitcoin blockchain: Some $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange’s institution-focused unit, Coinbase Pro. The jury is out on what it means. It could be that a large investor or several just completed a fresh round of buying and now are taking the bounty off the exchange for long-term holding or other purposes. Or… Source link

TipRanks These 2 EV Stocks Have Over 40% Upside Potential, Say Analysts Everyone wants to be part of the next big thing, and right now, in the automotive industry, that’s looking more and more like electric vehicles (EVs). A combination of social and political pressures are promoting EVs, and manufacturers – both legacy automakers like Ford and GM as well as newer companies like Elon Musk’s Tesla – are busy designing and building new lines of vehicles. That growth hit a snag last week,… Source link

The price of bitcoin hit a new all-time-high on Nov. 30, driven by institutional buying and other factors that have accelerated in 2020. Read more: Bitcoin: 74 questions answered Bitcoin’s previous peak was in mid-December 2017, almost exactly three years ago. But different bitcoin exchanges and data sites vary on what that 2017 peak actually was: Bloomberg, using terminal data, pegs it at $19,511; CoinDesk, the bitcoin news site, lists it at $19,783; CoinMarketCap, the data partner Yahoo… Source link