The U.S. Securities and Exchange Commission has opened the doors for exchange-traded funds (ETFs) that hold ether, the second-largest cryptocurrency in the world. This move is expected to kick off trading as early as Tuesday. This approval marks a significant milestone in the world of digital assets and investment opportunities. Companies such as BlackRock, Fidelity,
Investing
Berkshire Hathaway’s recent decision to trim its gigantic Bank of America holding marks a significant shift in Warren Buffet’s investment strategy. After holding onto the bank’s shares for over 4½ years, the conglomerate sold 33.9 million shares in separate sales, totaling almost $1.5 billion. This move indicates that Berkshire may be looking to diversify its
The recent turmoil in the stock market has left investors uncertain, but there are still opportunities to navigate the chaos and find gems that can withstand the storm. One such option is membership-only warehouse chain Costco Wholesale (COST). Despite the market’s challenges, Costco recently reported strong June sales and announced an increase in its membership
As the 2024 football season kicks off, fans are buzzing with excitement for Electronic Arts’ new college football game, College Football 25. Many fans who have fond memories of the old game are now realizing that they have some serious catching up to do. The revamped game has been described as going from a simple
Billionaire investor Ken Griffin made headlines recently when he purchased a late Jurassic stegosaurus skeleton for a staggering $44.6 million at a Sotheby’s auction. This transaction marked a significant milestone as it became the most valuable fossil ever sold at auction. The stegosaurus, named “Apex,” is a 150 million-year-old specimen measuring 11 feet tall and
The International Monetary Fund (IMF) issued a warning about the increasing upside risks to inflation which could potentially impact the Federal Reserve’s decision on interest rate cuts. In its latest World Economic Outlook update, the IMF highlighted that the momentum on global disinflation is slowing down, indicating potential obstacles in the path ahead. The report
Investing in dividend-paying stocks can be a smart strategy for investors looking to enhance their portfolio returns, especially during volatile market conditions. By choosing companies with attractive growth prospects, investors can benefit from both capital appreciation and regular dividend payments. One of the top dividend stocks recommended by Wall Street analysts is Northern Oil and
Smith & Nephew, a British portfolio medical technology company, has a global presence with a diverse range of products and services. Operating in segments such as Orthopedics, Sports Medicine, and Ear, Nose and Throat, as well as Advanced Wound Management, the company offers a comprehensive set of medical devices to meet various clinical needs. Despite
Micron Technology (MU) has recently garnered attention as a top pick by Wall Street analysts. The company’s impressive performance in the fiscal third quarter, beating both top and bottom-line expectations, has investors excited about its future prospects. With the ongoing artificial intelligence (AI) wave driving demand, Micron Technology is poised for continued growth. Goldman Sachs
Darden Restaurants, the operator of popular dining brands such as Olive Garden and LongHorn Steakhouse, recently announced a mix of results for the fourth quarter of fiscal 2024. While the company exceeded earnings expectations, its sales slightly missed the consensus due to increased discounting by competitors. Despite this, Darden issued substantial dividends and committed to
