Virtu Financial CEO Says Meme Stock Frenzy Not Solely Driven By ‘A Band Of Retail Traders’
The frenzied activity involving so-called meme stocks is being driven by more than just retail investors, the CEO of market…
Category: Investing
Two Things Could Trigger The Next Financial Crisis, Says Veteran Strategist David Roche
Stocks are nearing the end of a bull run and the next major market meltdown may not be far away,…
Co-manager Of The Winning Oakmark Select Fund Sees Value In This Payments Stock
Oakmark Funds portfolio manager Tony Coniaris told CNBC on Wednesday that Fiserv has become one of his new favorite stocks and said…
Ahead Of Next Treasury Bills Auction Scheduled For 9th Of June 2021
The Central Bank of Nigeria (CBN) will hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on the 9 th…
World Bank Raises Nigeria’s 2021 Growth Forecast To 1.8%
Deutsche Bank: Global economic crisis imminent amid rising inflation The World Bank has raised Nigeria’s 2021 growth forecast by 0.7…
Marc Benioff reveals investment in SpaceX, but says he’d need ‘a couple of Ativans’ to leave Earth
Salesforce CEO Marc Benioff said Monday that he’s bullish on space, noting that he’s an investor in Elon Musk’s SpaceX along with start-ups Astra, Swarm…
Goldman Sachs survey shows Asian hedge funds really don’t like bitcoin
Asian hedge funds may not be as bullish on bitcoin compared to their peers in the U.S., according to a…
Here are Cowen’s favorite ways to play the renewable future
The so-called clean-tech universe is attracting more dollars as investors bet on the energy transition, and Cowen put together a…
Interactive Brokers founder: Don’t short AMC, meme stocks — they can soar to ‘unimaginable highs’
Interactive Brokers founder and Chairman Thomas Peterffy on Monday issued a warning to investors betting against so-called meme stocks like AMC Entertainment.…
3 things investors should know before Stitch Fix reports third-quarter results on Monday
Investors are preparing for what could be another roller coaster in Stitch Fix shares when the online styling service reports fiscal third-quarter…
Investors Scramble For Returns In Non-Conventional Properties
At a time when high-yield investment assets are scarce, the non-conventional property sector is taking centre stage in the market,…
Money Market Funds See More Inflows As Banking Reserves Surge
Money market funds and equities saw almost similar inflows, BofA’s latest fund flow statistics showed on Friday, in a puzzling…
Local, Foreign Banks Invested $10b In Dangote Refinery – Emefiele
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the Dangote Refinery, Fertilizer Plant and…
International Trade: Investors Bemoan Nigeria’s Unfriendly Business Climate
Investors have bemoaned the harsh business climate in Nigeria occasioned by security challenges noting that insecurity is increasingly affecting investors’…
Bitcoin Slides After Musk Tweets Broken-Heart Emoji For Token
Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest cryptocurrency, the…
Foreign Stock Investors Withdraw N99.94bn In Four Months
A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market in the first four months…
‘Nigeria, Others In Fragile Position On Energy Transition, Investment’
As the world adapts to the rapidly changing dynamics in the energy industry in an effort to mitigate the impacts…
Crypto Firms Failing To Meet FCA’s Money Laundering Regulations
The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register with the watchdog after struggling…
These are the next Reddit stocks to watch, according to Bank of America
The meme-stock frenzy is as crazy as ever, and Bank of America is flagging the new stocks getting attention from…
Bitcoin May Yet See ‘Breakthrough,’ Norway Finance Minister Says
The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that cryptocurrencies will…
Bitcoin Unlikely To Dodge Regulation For Long, Sweden Says
Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond to the sheer popularity of the…
Canada FX Debt-C$ Heads For Monthly Gain As Current Account Swings To Surplus
The Canadian dollar edged lower against its U.S. counterpart on Monday, but was on track to notch its fourth straight…
Stock Investments Drop By N1.02trn As Buyers Shift To Fixed Income
Investments on the Nigerian stock market declined by N1.022 trillion in the first five months of the year. Capital market…
Bank of America names its ‘best’ stocks to play the U.S. and global recovery
Analysts from Bank of America have picked stocks set to get a boost as economies in the U.S. and Europe recover from…
With meme stocks on the move again, these are the next Reddit stocks to watch
Meme stocks are grabbing the spotlight once again, and Bank of America said to watch out for a handful of…
Deutsche Bank believes the copper rally will steam ahead. These stocks will benefit most
Deutsche Bank is bullish on copper based on increasing supply risks, resurgent demand from China and other macro factors it said would…
These stocks may win as consumers get back to normal this Memorial Day weekend, Bank of America says
Consumer retail, apparel and food and beverage companies are well positioned ahead of the holiday weekend, according to Bank of…
Goldman, Roubini and Novogratz explain where they stand on bitcoin and ether
The world appears to be firmly divided into two camps: those who are bullish on cryptocurrencies and those who aren’t. The…
Canadian Dollar Gains As Investors Cheer Higher Commodity Prices
The Canadian dollar strengthened against its U.S. counterpart on Thursday, moving closer to a recent 6-year high, as oil prices…
Cathie Wood Sees Deflation Returning, Boosting Innovation Stocks And Bitcoin
Cathie Wood is going against the grain yet again — this time on inflation. The founder and CEO of Ark…