Coinbase’s (COIN) latest product launch event may not have changed Wall Street’s near-term earnings forecasts, but it reinforced a growing belief among analysts that the crypto exchange is steadily transforming itself into a broader financial platform with revenue streams that extend beyond bitcoin’s price cycles. At Tuesday’s System Update event…
New Fed Chair Warsh establishes task forces to review its operations, policies: press conference
Federal Reserve Chair Kevin Warsh said he appointed the formation of five task forces to review the central bank’s monetary policy. Those include groups to evaluate communications, the Fed’s balance sheet, existing data sources, productivity and jobs, and its inflation framework, he said Wednesday at Source link
These small-cap tech stocks pair strong revenue growth with A-rated valuations (VGT:NYSEARCA)
solarseven/iStock via Getty Images Information technology stocks remain a focal point for investors as artificial intelligence, digital transformation, and enterprise software spending continue to drive growth across the sector. While many technology companies trade at premium valuations, investors seeking a combination of growth and value Source link
Federal Reserve holds rates steady in first decision under Chair Kevin Warsh
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously. This was the first U.S. central bank policy meeting led by Kevin Warsh, who took over as chair from Jerome Powell after being confirmed by the Senate last…
Which UK stocks are the best for passive income right now?
Image source: Getty Images Investors on the hunt for a second income need to look no further than UK stocks. They currently sport some very high dividend yields, making them an excellent choice. Right now, the FTSE 100 has a yield of 3%, while the FTSE 250 has one of…
Crypto industry aghast at Illinois’ new tax on holding or transferring digital assets in state budget
The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting or storing crypto for customers in the state, but it may be too late to change it in the short-term. The law enacts a 0.2% tax…
Complementing the Resume with Visual Proof
By Jeff Altman, The Big Game Hunter For decades, job search relied on a universally accepted currency: the text-based resume. People listed their past responsibilities using action verbs, bullet points, and high-level summaries of their responsibilities. Recruiters skimmed these documents for keywords, and applicant tracking systems (ATS) parsed the text…
Are National Grid shares entering a new valuation era in the FTSE 100?
Image source: Getty Images National Grid (LSE: NG.) shares have long occupied a familiar place in the FTSE 100. Investors valued the regulated utility for its stability and income potential rather than its growth prospects. That framing is starting to look less certain. Should you buy National Grid Plc shares…
Moody’s rolls out credit ratings onchain in tokenized asset push
Moody’s Ratings is rolling out its credit ratings to Solana (SOL), allowing issuers of tokenized bonds and other fixed-income securities to embed the firm’s assessments directly into blockchain-based assets. The move, announced Wednesday in partnership with Solana-focused tokenization specialist Alphaledger, expands Moody’s Token Integration Engine (TIE) to a major public…
BitGo’s $50 million buyback sparks rally after shares lost 65% since IPO
The decline is a reflection of a broader slump in investor sentiment toward digital asset-linked stocks. After a wave of crypto IPO enthusiasm last year, bitcoin BTC$65,285.01 and cryptocurrency prices have tumbled, and attention has increasingly turned toward artificial intelligence (AI) companies and a pipeline of highly anticipated tech listings…