KEY POINTS JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force the Federal Reserve to boost interest rates, Dimon said Monday during a conference. “We...
Why can’t this dude just shut up? That’s what people, including the SEC, want to know. But look, he just can’t. Apparently, no one can take his Twitter account away from Elon Musk, and Tesla isn’t putting it under adult supervision, as the SEC has suggested. So he...
(Bloomberg) — Trying to keep up with the frenzied rise of so-called meme stocks might feel a bit like playing a game of whack-a-mole, bewildering analysts and investors alike. While there’s no steadfast definition of what constitutes a meme stock, one common...
BLUE ORIGIN FOUNDER Jeff Bezos and Virgin Galactic founder Richard Branson have been working for the past 20 years to get their companies’ rockets built and launched. Now both are preparing to suit up and ride their own spacecraft. Bezos announced on Monday that...
I was at the Bitcoin 2021 conference in Miami this past weekend and the commentary surrounding it has been, well, shockingly bad, to say the least. We have momentous events happening in crypto. Some good, some bad. However, what I find fascinating — if not a bit...