After making a fortune on SpaceX, Scottish Mortgage manager Baillie Gifford is now piling into this S&P 500 stock

Image source: Getty Images Baillie Gifford is well-known for making outsized returns on S&P 500 stocks such as Amazon, Tesla and Nvidia. More recently, it’s made an absolute fortune from SpaceX‘s record-breaking IPO. Lat week, I noticed that the asset manager — which oversees FTSE 100 investment trust Scottish Mortgage…

Kevin O’Leary says Congress will revisit CLARITY next year as crypto tax bill advances

Shark Tank host and veteran investor Kevin O’Leary said he’s convinced the Clarity Act will eventually advance in the Senate and could return as soon as the first quarter of next year. Speaking at the Avalanche Summit in New York on Thursday, O’Leary said he didn’t expect the bill to…

FCA steps up crypto enforcement with raids on illegal London P2P trading sites

The U.K.’s Financial Conduct Authority (FCA) said Thursday that it conducted actions to crack down on three illegal peer-to-peer crypto trading locations in London in a sign the regulator is ramping up enforcement activity as the country’s legal framework for crypto comes closer to implementation. The financial watchdog, which said…

7 reasons to buy Rolls-Royce shares at £14.41

Image source: Getty Images After their rapid rise from 69p in 2021, more and more people are saying Rolls-Royce (LSE: RR.) shares can’t keep up the momentum – and are perhaps even overvalued at £14.41 I think the naysayers are wrong, and that the shares could still be ‘cheap’. Here…

U.S. faces ‘speed bump, not a roadblock’ after Clarity vote that may drive development to Asia, Europe

Tom Farley, CEO of CoinDesk owner Bullish, also said the bill’s failure is not an insurmountable hurdle. “Durable legislation would give the digital asset industry greater certainty. But even with legislation, the real work of implementation happens at the agencies, and agencies can move faster,” he said in a post…

U.S. natural gas inventory net change of +44 Bcf for week ended September 11 – EIA (NG1:COM:Commodity)

straga/iStock via Getty Images Stocks for the week ended September 11 were 3,298 Bcf vs. 3,254 Bcf for the week ended September 4. Net change: +44 Bcf. Consensus: 49B Natural Gas Futures (NG1:COM) are -0.8% to $2.88/MMBtu. ETFs: (UNG), (BOIL), (KOLD), (FCG), (UNL), and (HNU:CA). More on Natural Gas Futures Source link