Greenwave Technology Solutions, Inc. , a company that deals with recycling metals, has seen a big change in how many people are betting against it. In August, the number of shares that were short sold dropped by a huge 98. 9%. This means that fewer people are expecting the stock price to fall. As of August 15th, only 11, 800 shares were short sold, compared to over a...
Big investors have been busy buying and selling shares of Science Applications International Co. , a company that provides tech services. MetLife Investment Management LLC reduced its stake by 2. 8% in the first quarter. They now own 27, 141 shares, worth about $3. 05 million. Other investors made bigger moves. Hotchkis & Wiley Capital Management LLC started a new i...
California's Governor, Gavin Newsom, is planning to launch a memecoin called "Trump Corruption Coin" to poke fun at Donald Trump's involvement in cryptocurrency. This move is part of Newsom's "Campaign for Democracy" initiative, which aims to support redistricting efforts and voter outreach. The proceeds from the coin will go towards these causes. During an intervie...
Stephan Lutz, the CEO of BitMEX, has a background that spans business administration, economics, banking, and finance. He began his career as a corporate finance analyst at Dresdener Bank and later moved to Deutsche Börse, where he became fascinated by blockchain technology. Despite his impressive resume, Lutz was drawn to the crypto world and joined BitMEX in 2020. ...
Two big names in tech, Peter Thiel and Michael Saylor, are making waves in the crypto world. They're both investing heavily, but their strategies couldn't be more different. Saylor, the head of Strategy, is going all-in on Bitcoin. He's been buying up as much as he can, using a unique method. His company issues stock to buy Bitcoin, then holds it. This usually drive...
Better Home & Finance, a company that helps people with homeownership, saw its stock drop a bit recently. On a Thursday, the stock price fell by 0. 7%. It went as low as $20. 60 but ended the day at $21. 15. More people traded shares that day compared to usual, with 62, 941 shares changing hands, which is a 4% increase from the average. The company is worth about $3...
Rackspace Technology, Inc. is catching the eye of big investors. Russell Investments Group Ltd. made a huge move, increasing its stake in the company by a whopping 4, 053. 5% in the first quarter. This means they now own 846, 112 shares, worth about $1. 43 million. But Russell isn't the only one. Other big players like Price T. Rowe Associates and MetLife Investment ...
Credo Technology Group has caught the eye of many investors lately. A bunch of research firms are keeping a close watch on the company. Most of them, about 13, think it's a good bet to buy. Out of these, 12 say it's a solid buy, and one even thinks it's a strong buy. The average price target for the next year is around $91. 27. Several analysts have shared their tho...
Cryptocurrency has come a long way. From its early days as a secretive tool for shady deals to now being a massive industry with big investments and even bigger scams. But with all the hype, one has to wonder: are we really making progress or just going in circles? Credit cards linked to crypto exchanges have been around for a while. Sure, credit cards can be useful...
Frontier Airlines is making a bold move. They are setting their sights on Spirit Airlines' customers. Spirit has been struggling financially. They recently warned that they might not last another year without more money. This has opened up an opportunity for Frontier. Frontier has announced plans to launch 20 new routes this winter. Many of these routes are in areas...