Articles

Bitcoin’s fair value is $35,000 — but who’s counting?

Bitcoin ETF demand and the cryptocurrency’s volatility disregard a fundamental valuation model.

U.S. consumer credit rebounds in January

Total consumer credit rose $19.5 billion in January, up from a slight $919 million gain in the prior month, the Federal Reserve said Thursday.

UnitedHealth’s stock can soar 40% as antitrust concerns are overblown, BofA says

Shares of UnitedHealth Group Inc. rallied Thursday after a ringing endorsement from BofA Securities analyst Kevin Fischbeck, who said investor concerns about an antitrust investigation and a recent cyberattack are way overblown.

NYCB still faces big challenges after $1 billion cash injection

NYCB says not considering creating a ‘bad bank’ for problem loans

Reddit IPO offers ‘unprecedented’ twist in meme-stock saga, says Firstrade

Reddit played an important part in the meme-stock frenzy, but could become a meme stock in its own right.

Broadcom stock’s options priced for a move of more than $110 after earnings

The options market has priced in a much bigger-than-usual move for Broadcom Inc.’s stock on Friday, in the wake of the semiconductor and software company’s fiscal first-quarter results.

More couples are buying a house now, and getting married later. Four things they should know first.

Four decades ago, less than 1% of first time-home buyers were unmarried couples, but now that number is 16%.

Here’s what the Rivian R2 will cost

Rivian Automotive Inc. on Thursday launched its next-generation EV, a compact SUV that can go from zero to 60 mph in less than three seconds.

Arnold Schwarzenegger joins the fight against Alzheimer’s and dementia

We’re learning that many things that are good for our general health area also good for fighting dementia.

Nvidia’s stock continues to hit new highs. Why that may be ‘a bit unhealthy.’

Given continued strong momentum for chip stocks in the absence of new information, a Mizuho analyst sees the potential for a pullback after Nvidia’s big event this month.

BlackRock, Fidelity together rake in more spot bitcoin ETF inflows than Grayscale is losing

BlackRock and Fidelity have seen big inflows into their exchange-traded funds tracking spot bitcoin prices, attracting more assets combined than what has flowed out from Grayscale’s bitcoin ETF, according to Deutsche Bank Research.

Mortgage rates edge down. Home buyers are seizing the moment — while it lasts.

The 30-year mortgage rate is averaging at 6.88% Freddie Mac said in its latest weekly survey on Thursday.
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