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Posts published in “Stocks”

I Bought Tens of Thousands of Dollars of GameStop Stock. And I Have No Regrets.

The first rule of r/WallStreetBets is YOLO. There is no second rule.This isn’t the land of enlightenment, it’s the borough slum of loss porn. I’m here for the goods: Show me the screenshot where your well-earned $30k investment in weekly Tesla puts bottomed out to a measly $30 because you didn’t trust Papa Musk to…

A 10-year-old cashes in his GameStop shares

The GameStop stock surge has benefited small-scale investors, many of them surprised at their unlikely windfalls. Perhaps none so much as a 10-year-old boy from San Antonio, Texas. The fifth grader was gifted 10 GameStop shares, each at $6.19, as a Kwanzaa present from his mother in December 2019. She bought the stock simply because…

Right to Work on a Hot Planet

By 1961, Charles Koch had stacked up three engineering degrees and was back home in Wichita, Kansas, to join the family business of oil refining, pipelines, and manufacturing. His father, Fred, was at the time attempting to tackle a different sort of engineering challenge: how to get unions, Communists, and big government off his back.…

Calvin Kattar recalls training visit with Diaz brothers that set the tone for the rest of his career

Calvin Kattar has taken the long road to the top of his division and the trip included one significant detour early in his career. Ahead of his upcoming main event bout with former featherweight champion Max Holloway this Saturday at UFC Fight Island 7, Kattar recalled the time that he was a teenager visiting the…

BANK OF AMERICA: Wall Street bullishness gauge spikes most in 2 years, signaling a 11% gain for S&P 500 within a year

Wall Street bullishness surged the most in two years last month as economic reopenings lifted investor optimism, Bank of America said Wednesday. The firm's Sell Side Indicator gained to 55.8% from 54.9% in June, a sizable increase but still "far from the euphoria one sees at the end of bull markets." The reading also implies…

Mike Florio: Patriots take ‘leap of faith’ by signing Cam Newton

"This was one of those nights where you stop everything you're doing... to do a video. About Cam Newton."Like many football fans, NBC Sports' Mike Florio was enjoying a relaxing summer weekend when news broke about one of the biggest bombshells of the 2020 offseason: The Patriots had signed Cam Newton.Download the MyTeams app for the…

EMERGING MARKETS-Asian currencies cheered by dollar woes, Singapore shares falter

* Graphic: World FX rates tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * Taiwan dollar set for best day since April 30 * Singapore stocks hit by dividend worries By Shashwat Awasthi and Pranav A K July 22 (Reuters) - Emerging Asian currencies advanced on Wednesday as unease around the next round of…

In Japan’s Kyoto, tech winners help bank weather coronavirus-induced tourism slump

KYOTO (Reuters) - Bank of Kyoto, a regional lender based in the ancient Japanese city, has a unique buffer against the hit to tourism from the coronavirus - dividends from local high-tech heavyweights.FILE PHOTO: People, wearing protective masks following an outbreak of the coronavirus disease (COVID-19), walk on a street of Gion district in Kyoto,…

Even Milton Friedman Would Oppose Trump’s Latest Federal Reserve Appointment

“It would be hard to pack more error into so few words.”—Milton Friedman, in 1994, commenting on an article by Judy Shelton supporting a gold standard.This week, the Senate is expected to take up the nomination of Judy Shelton to be a member of the Federal Reserve Board. She is widely considered to be a…