Month: October 2019

Grayscale Investments has received regulatory approval to list what it calls the first publicly-traded digital currency index fund. Following assent from the Financial Industry Regulatory Authority (FINRA), the Digital Large Cap Fund (DLC) will be listed on over-the-counter markets and trade under the initials GDLCF.  The DLC is Grayscale’s fourth publicly-quoted investment product, after Bitcoin
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Jordan Katzman, co-founder of SmileDirectClub Inc., left, and Alex Fenkell, co-founder of SmileDirectClub Inc., watch traders during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 12, 2019. Michael Nagle | Bloomberg | Getty Images Shares of SmileDirectClub plummeted more than 13%, on Monday after California Governor
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HP logo, at Hewlett-Packard pavilion, during theMobile World Congress day 3, on February 28, 2018 in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading: Blackstone – Shares of the alternative asset manager shed 1.5% following a downgrade to neutral
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It’s amazing just how fast fortunes can change in the technology sector. That’s something shareholders in Advanced Micro Devices (NASDAQ:AMD) stock know all too well. Once the proverbial whipping boy of the semiconductor sector, AMD has bounced back in a big way. Source: flowgraph / Shutterstock.com Thanks to advances across a variety of product lines,
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Platinum has pulled back 12% and is now sitting just above its 20-month moving average. Bullish sentiment on platinum has pulled back to a little above the pessimism zone, from 92% bulls in September. I would view any 10% pullbacks in platinum as buying opportunities, as long as stops are used if the 20-month moving
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Fidelity clients saving for retirement are starting to move some money out of stocks in the recently volatile market, the brokerage’s personal investing president told CNBC on Friday. “The average investor that doesn’t trade a lot that’s really looking to save for their retirement — we have millions of customers like that — we’ve seen
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Check out the companies making headlines before the bell: Delta Air Lines – The airline reported adjusted quarterly profit of $2.32 per share, beating the consensus estimate of $2.26 a share. Revenue was slightly below forecasts, but Delta’s bottom line was helped by strong demand growth which prompted it to hire more pilots, flight attendants,
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When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk.
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Is there a simple way to understand silver? Yes indeed, silver analysts – including your friendly Gold Enthusiast – do sometimes prattle on about this and that factor, and how the silver markets are paying attention this right now, that a bit later. What if you just wanted a really simple way to trade silver?
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Shopify (NYSE:SHOP) stock has plateaued. SHOP had  a massive run-up, as Shopify stock more than tripled in eight months. However, SHOP stock pulled back dramatically in August and has traded in a range since that time. Source: justplay1412 / Shutterstock.com Now many wonder what SHOP stock will do next. Will it retest its all-time high
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