May 21, 2023

Many stocks have had astonishing growth since the outbreak of the COVID-19 pandemic in 2020, owing to massive amounts of money pumped by central banks and government stimulus, which have fueled consumer spending and the economic recovery. But one company substantially outperformed the others — and it has nothing to do with the metaverse, cryptocurrencies, or artificial intelligence […]

A Massachusetts father paid $21,000 to get last-minute tickets for his daughter and her friends to a Taylor Swift concert.  According to a report from WCVB, Anthony Silva bought the tickets on StubHub last year by paying $1,800 as a Christmas gift to his daughter, but he never received those tickets. Silva told the media outlet that when he contacted the ticket reseller

The investor behind a major global ETF told CNBC recently that she sees a bearish pattern in the Big Tech rally.  While on CNBC’s “ETF Edge” last week, Anna Paglia, the managing director and global head of ETFs and indexed strategies at Invesco QQQ Trust QQQ, said investors are beginning to play defense when it comes to the group. “If you look at

The Spanish Ministry of Defense tweeted Saturday morning, “There was an accident at the Zaragoza Air Base involving an F18 from Ala 15.”  “The pilot has successfully ejected and the aircraft has landed within the perimeter of the base.” the ministry said.  A video of the crash was uploaded to Twitter. It shows the F-18

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. All three major indices ended the week in the green. The S&P 500 rose by 1.65% and the Nasdaq Composite gained 3.04%, marking its best weekly performance since March. Meanwhile, the Dow Jones edged up

Bloomberg’s macro strategist Mike McGlone is warning about Bitcoin BTC/USD and other crypto assets.  During an episode of Blockwork Macro’s “On the Margin” this week, McGlone said that he sees the stock market falling off a cliff, following which most altcoins will likely witness a severe correction, with Bitcoin printing a new bear market bottom. “My base case is going to 3,000, Bitcoin’s

What started as a traffic stop for weed led authorities in Georgia to uncover a check-cashing and mail fraud scheme.  What Happened: The Elite Blackhawk Squad – yes, Clayton County has a traffic team with this name and one of their specialties is tracking down weed on the move – pulled a man over because he was talking on his cell phone

ARK Invest’s CEO Cathie Wood is looking ahead to the future of artificial intelligence (AI), its implications on the global workforce, and its potential threat to giants like Alphabet Inc‘s GOOG GOOGL Google. What Happened: Wood spoke at Fortune’s Most Powerful Next Gen conference this week, and shared her optimistic outlook on AI, saying it could substantially