JPMorgan Chase & Co. (NYSE:JPM) sees signs that a bear market may be coming in bitcoin. In a recent note, the firm warned about backwardation, in which futures prices lag behind the spot price. JPMorgan strategists believe that the return to backwa…
Author archives: Michelle Jones
Rents Are Too High: Here Are Three Ways to Fix The Rental Market
The main reason why people who want to rent their home haven’t done it is because it involves a lot of headaches – and bad tenants and nonpayment of rent are just two of them. On the other side of the coin, 70% of tenants or would-be tenants believe th…
Ohio’s attorney general wants Google to be declared a public utility
Ohio has filed a lawsuit against Google, requesting that the company be legally declared a public utility and common carrier under state law. Ohio Attorney General Dave Yost said in an announcement about the lawsuit that the company “uses its dom…
Strategies to trade the most popular currency pairs with the U.S. dollar
The foreign exchange market lets you trade almost any world currency against another, exchanging them at the current going rate of both currencies. However, some currency pairs are traded more often than others. The U.S. dollar is especially important …
Elon Musk, Warren Buffett, Jeff Bezos and Other Billionaires Pay Little to No Income Tax
Tesla CEO Elon Musk, the world’s second-wealthiest person, didn’t pay any income tax in 2018, according to an investigation by Pro Publica.
Ford Unveils The First Hybrid Pickup Truck, The Maverick
Ford Motor Company (NYSE:F) has unveiled the first hybrid pickup truck. The Ford Maverick will get 40 miles per gallon in the city and start at less than $20,000, and it will be the smallest truck in the automaker’s lineup. Q1 2021 hedge fund let…
Top Decentralized Cloud Computing Services For 2021
The world as we know it is increasingly being digitized to cope with the explosive demand for processing power and other computing resources. Notably, this quiet but evident technological evolution took center stage following the global outbreak of the…
Funding Roundup: Capital Influx Propels Innovation & Development Of New-Age DeFi Offerings
Given the rising popularity and acceptance of cryptocurrencies across borders, the crypto ecosystem is abuzz with VC firms and angel investors willing to provide the funds and the support needed for rising crypto startups. Q1 2021 hedge fund letters, c…
Institutional investors turn to options to bet against AMC, meme stocks
Short-sellers have gotten burned on AMC Entertainment Holdings Inc (NYSE:AMC) and other meme stocks like GameStop Corp. (NYSE:GME), but they’re still betting against them. Short-sellers are trying another tactic to bet against such stocks without…
Tesla cancels the Model S Plaid+, the fastest electric car so far
Tesla Inc (NASDAQ:TSLA) has canceled the Model S Plaid+, which had been expected to be the fastest mass-market car in the world. CEO Elon Musk tweeted that the Plaid+ is canceled because there’s “no need, as Plaid is just so good.” Q1…