Investing expert Ross Gerber recently took to social media to remind everyone that gambling won't make you rich. He's been saying this for a while, and his message is clear: if you want to build wealth, focus on long-term investing. Gerber isn't just talking about any kind of investing, though. He's talking about buying into great companies and holding onto them for ...
Let's dive into the world of tech stocks and compare two companies: Seagate Technology and Datalex. Both are in the computer and technology sector, but they operate in different areas. Seagate is known for its data storage solutions, while Datalex focuses on software for the airline industry. First, let's talk about dividends. Seagate offers a modest annual dividend...
Sharps Technology Inc. saw its stock prices jump on a Monday. This happened after they shared some big news. They plan to raise over $400 million. They will do this through a private deal. The deal is set at $6. 50 per unit. It includes options to buy more at $9. 75 for the next three years. The deal is expected to wrap up by August 28, 2025. Big names in finance ar...
The person in charge of the U. S. tax agency's digital currency team, Trish Turner, is stepping down. This move happens just as new tax rules for cryptocurrencies are about to take effect. Turner is leaving for a job in the private sector, and it's not clear who will take over her role. The IRS has recently introduced new rules and forms for taxing digital assets. T...
Investors are pulling money out of Bitcoin ETFs fast. Over $1. 1 billion has left these funds in just five days. This is happening as people get ready for a big speech by the head of the U. S. Federal Reserve, Jerome Powell. The speech is at the Jackson Hole symposium, and it's making everyone nervous. Bitcoin's price has taken a hit too. It's dropped by 10% since i...
FanDuel, a big name in online betting, has teamed up with CME Group to let people bet on financial markets. This isn't just about sports anymore. Now, you can bet on things like the S&P 500, oil prices, even cryptocurrencies. It's like a casino for investors. This isn't just for big players. You can start betting with just $1. The plan is to roll this out later this...
Investors have been busy with PENN Entertainment's stock. Connor Clark & Lunn Investment Management Ltd. significantly reduced its holdings, selling off most of its shares. They now own a much smaller piece of the company. Other big players made different moves. Trek Financial LLC jumped in, buying a new stake worth a quarter of a million dollars. Principal Financia...
In India, a stockbroker named Avendus Spark made a huge blunder. They were supposed to sell only 24% of a company called Clean Science & Technology. But, they sold way more shares than they were allowed to. This mistake happened right at the start of the trading day. A lot of shares changed hands in just a few minutes. The total value of the shares sold was around 65...
New Mountain Finance Corporation is getting a lot of attention from big investors. LPL Financial LLC just boosted its investment by 5. 3% in the first three months of the year. They now own 184, 034 shares, worth about $2. 03 million. But LPL isn't the only one. Other big players like Merit Financial Group, Vise Technologies, and Oppenheimer & Co. have also been buyi...
Investors who bought shares of Hims & Hers Health between April 29, 2025, and June 23, 2025, have until August 25, 2025, to take part in a class action lawsuit. This deadline is crucial for those who want to recover losses from the company's alleged missteps. The legal action centers on claims that Hims & Hers and some of its leaders did not share important details ...