June 16, 2023

Michael Jordan’s Charlotte Hornets Sale: Outpacing His NBA Fortune And How You Can Get In On The Action – Nike (NYSE:NKE)

Legendary NBA player Michael Jordan is selling his majority stake in the Charlotte Hornets. The sale ends the post NBA playing chapter for Jordan and also represents a huge return on investment. Here’s a look at the history of his NBA team ownership and how the sale relates to his NBA salary and Nike Inc […]

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Piper Sandler Initiates Coverage Of PCB Bancorp, Anticipates Higher Buybacks Despite Marginal Pressures – PCB Bancorp (NASDAQ:PCB)

Piper Sandler & Co analyst Matthew T. Clark assumed coverage of PCB Bancorp PCB at a Neutral rating with a price target of $17. The analyst expects a consistently pressured net interest margin (declining 10 bps-12 bps per month) coupled with modest operating expense growth to increase the efficiency ratio to 55.0% in N-T and projects a further rise

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Hopeful Golden Cross Forms On Stanley Black & Decker’s Chart – Stanley Black & Decker (NYSE:SWK)

If history is any guide, there may be good fortune ahead for shares of Stanley Black & Decker SWK. A so-called “golden cross” has formed on its chart and, not surprisingly, this could be bullish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term

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Tesla Boosts Model 3 Affordability In China With Insurance Subsidy, Low-Interest Loan – Tesla (NASDAQ:TSLA)

EV giant Tesla Inc TSLA has issued fresh incentives for customers looking to purchase a Model 3 RWD in China. What Happened: Customers who purchase an existing Model 3 RWD from Tesla’s inventory starting today till June 30 can get an insurance subsidy of 8000 yuan, or about $1,125, and a preferential interest rate loan

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Investor Sentiment Improves Further After Dow Jumps Over 400 Points – Naas Technology (NASDAQ:NAAS), Adobe (NASDAQ:ADBE)

The CNN Money Fear and Greed index showed further improvement in overall sentiment among U.S. investors on Thursday. The Dow Jones jumped more than 400 points on Thursday after the Federal Reserve held interest rates at its latest meeting. On the economic data front, U.S. jobless claims came in unchanged at 262,000 in the week

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Mark Cuban Predicts 99% of Tokens Will Go Broke, Survivors Will Be Game Changers

In a recent Twitter conversation with former Securities and Exchange Commission (SEC) official John Reed Stark, American businessman and philanthropist Mark Cuban predicted that 90% of blockchain companies will go broke. In the same vein, he also predicted that 99% of tokens will do the same, but that those who get to survive will turn out

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Trump Rape Accuser’s $10M Case Set To Begin January, Ex-President Could Face 3 Trials Amid Bid For Republican Nomination

A federal judge, on Thursday, scheduled the trial date for E. Jean Carroll’s second defamation lawsuit against former President Donald Trump for next year.  What Happened: Manhattan District Judge Lewis Kaplan said the civil trial, in which the former Elle magazine columnist is seeking a minimum of $10 million in damages from Trump, will commence on January 15, “unless

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