Articles

Why Jamie Dimon’s sale of $150 million in JPMorgan’s stock could be reason for caution

JPMorgan Chase & Co. CEO Jamie Dimon dumped $150 million in the company’s stock Thursday in his first-ever sale, a recent filing shows. He had previously indicated an intent to unload stock.

Nvidia is now worth more than the GDP of every country except these 11

The chip maker has greater value than the economies of countries including Russia, South Korea and Australia.

Inside the crypto industry’s plan to vanquish the SEC at the Supreme Court

A coalition of crypto entrepreneurs filed a lawsuit in Texas this week that could force the Supreme Court to take up the all-important question of whether the Securities and Exchange Commission has the authority to regulate most digital assets.

Nvidia is the ‘Magnificent 1’ now — but these rivals are closing in

The competition is real, and it’s coming for Nvidia’s growth and stock price.

Live Nation wants to price more concert tickets based on demand and add more VIP options

After a massive two-year rebound in concerts, Ticketmaster parent company Live Nation Entertainment Inc. is hoping to keep the momentum going for its top and bottom lines — in part via efforts to upsell customers on premium-tier offerings and to price tickets based more directly on concertgoer demand.

The scourge of fine print: Even Donald Trump’s new line of sneakers comes with caveats.

Purple, a WiFi provider, once put a joke clause into its terms and conditions, stating that new users agreed to 1,000 hours of community service.

Inflation should slow enough to spur interest-rate cuts ‘later this year,’ Fed’s Williams says

Inflation is likely to slow toward 2% and pave the way for reductions in U.S. interest rates “later this year,” the president of the New York Federal Reserve Bank said this week.

Cannabis stocks rise as Germany takes ‘first big step’ toward broader legalization in Europe 

Curaleaf Holdings Inc. Executive Chairman Boris Jordan and other cannabis executives on Friday praised Germany’s removal of cannabis from a list of narcotics as a potential boost to the marijuana business, as stocks in the sector rose.

Nasdaq 100 rose 3% for the first time since the dot-com bubble era. Why it brings up old memories of this ‘scary’ period

The tech-heavy Nasdaq 100 index on Thursday scored a daily advance of over 3% to close at its all-time high for the first time since March 2000, a scene in some ways reminiscent of the dot-com era which led up to the bursting of the bubble preluded the recession, according to Bespoke Investment Group.

Russia faces new sanctions, but they’ve all looked like ‘more bark than bite’

The U.S. and its allies have rolled out fresh sanctions against Russia this week, but the effort is sparking new discussion about how all of the unprecedented sanctions haven’t been hurting the country as much as expected.

Reddit’s IPO filing names WallStreetBets’ ‘popularity’ as risk to stock price

“Short it,” wrote one WallStreetBets user, referring to Reddit’s planned initial public offering.

Carvana’s bonds gain along with stock but high debt levels remain a worry

The company’s maturity stack looks manageable today, after Carvana conducted a successful debt exchange last August that pushed the bulk of its maturities back to 2030 and 2031.
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