U.Today – In a noteworthy development, shares of business intelligence company MicroStrategy (MSTR) continue to rise in relation to the price of (BTC), bringing the premium to the value of its BTC holdings to its highest level in over three years. Notably, since the launch of Bitcoin ETFs in January, MicroStrategy stock has increased by more than 240%, setting a new record high Oct. 8. That’s around eight times higher than Bitcoin’s performance, which has fallen by 16% since setting its record high of nearly $74,000 in mid-March. This development, as Bitcoin lags behind MicroStrategy’s performance, has caught the attention…
Author: user
Two exchange-traded funds are looking for profits in China with two different strategies.While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons ETF buys the country’s biggest stocks.”[It’s] focused just on nine companies, and these companies are the companies that we identified as having similar characteristics to magnitude in the U.S.,” Roundhill Investments CEO Dave Mazza told CNBC’s “ETF Edge” this week.Zoom In IconArrows pointing outwardsSince its inception on Oct. 3, the Roundhill China Dragon ETF is down almost 5% as of Friday’s close.Meanwhile, Jason Hsu of Rayliant Global Advisors is behind the…
It hasn’t been the best quarter for Blue Bird Corporation (NASDAQ:BLBD) shareholders, since the share price has fallen 11% in that time. But that doesn’t detract from the splendid returns of the last year. During that period, the share price soared a full 146%. So some might not be surprised to see the price retrace some. More important, going forward, is how the business itself is going.So let’s investigate and see if the longer term performance of the company has been in line with the underlying business’ progress. See our latest analysis for Blue Bird While markets are a powerful…
MEXICO CITY (Reuters) – Mexican national oil company Pemex’s Deer Park oil refinery near Houston will operate this weekend at a low level following a deadly chemical leak a couple days ago, the company said in a statement late on Friday. The state-owned oil company added that it continues to investigate the cause of last Thursday’s hydrogen sulfide gas leak that killed two contract workers while injuring 35 others during work on a unit at the 312,500-barrel-per-day (bpd) refinery. On Friday, Pemex’s chief executive said that thirteen workers remained hospitalized after being exposed to the leak, while Mexico’s energy minister…
By Amina Ismail and Ahmed Tolba BEIRUT/CAIRO (Reuters) -Israel’s military ordered residents of 23 southern Lebanese villages on Saturday to evacuate to areas north of the Awali River, which flows from the western Bekaa Valley into the Mediterranean. The order, communicated via a military statement, mentions villages in southern Lebanon that have been recent targets of Israeli attacks, many of which are already almost empty. The Israeli military stated that evacuations were necessary for the safety of residents due to increased Hezbollah activities, claiming the group is using sites to conceal weapons and launch attacks on Israel. Hezbollah denies concealing…
We recently published a list of 10 Small Cap Stocks with High Potential. In this article, we are going to take a look at where Perpetua Resources Corp. (NASDAQ:PPTA) stands against other small cap stocks with high potential.As we transition from a tumultuous summer in the financial markets, characterized by rising expectations for interest rate cuts and the consequent impacts on stock and bond performances, investors are now navigating a landscape of heightened volatility and uncertainty. The small-cap segment of the stock market has garnered increasing attention in 2024, as expectations of a shift in monetary policy continue to evolve. Since…
The artificial intelligence chipmaker Nvidia (NASDAQ: NVDA) has amassed close to a $3.2 trillion market cap, making it one of the world’s largest chipmakers. It now consumes more than 6% of the broader benchmark S&P 500 index. Over the last five years, Nvidia has grown annual revenue by 458% and the stock is up an incredible 2,009%. Given the potential for AI to disrupt life as we know it, it’s understandable that investors are so excited about the stock.But the lure of these kinds of gains is naturally going to attract competition. Now, one of Nvidia’s competitors is planning an…
Robinhood is holding two more events for investors later this year, and they could drive the company’s performance for years to come. Source link
By Iryna Nazarchuk VYLKOVE, Ukraine (Reuters) – In a town without basements, residents of Ukraine’s “Venice” on the Danube have no way to hide underground from the increasingly frequent Russian drone attacks on the country’s river and deep sea ports. Vylkove, a small tourist and resort town, sits at the mouth of the Danube, and like in Italy’s Venice, canals replace roads and boats replace cars for local residents. The only way to avoid drone attacks is to shoot them down, say border guards, who are constantly training. Ukraine has said Russia is deliberately hitting port infrastructure and commercial vessels…
The main point of investing for the long term is to make money. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the Bank First Corporation (NASDAQ:BFC) share price is up 31% in the last five years, that’s less than the market return. Over the last twelve months the stock price has risen a very respectable 15%.Now it’s worth having a look at the company’s fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. See our…