Author: Anthony M. Orbison

There aren’t too many better investors than the billionaire hedge fund manager Paul Tudor Jones. Jones launched Tudor Investment Corp in 1980. In 1987, Jones correctly predicted the stock market crash on Black Monday when the Dow Jones fell by an incredible 22%. More than four decades after launching Tudor Investment Corp, Jones still serves as the chief investment officer of the company, which has reportedly generated average annual returns of 19%, according to Hedge Fund Alpha. These accomplishments have made Jones and his firm a must-watch for stock ideas. Recently, Tudor Investment Corp sold Boeing (NYSE: BA) and bought…

(Reuters) – Starbucks (NASDAQ:) workers have expanded their strike to four more U.S. cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added New Jersey, New York, Philadelphia and St. Louis, Workers United said in a statement. It did not say where the New Jersey walkout was occurring. Starbucks did not immediately respond to a request for comment outside regular business hours. Talks between the coffee chain and the union hit an impasse with unresolved issues…

contributor Posted: December 22, 2024 Aave’s ecosystem thrived with strong user engagement, increasing transactions, and diversified protocol adoption. Governance and bullish technical indicators solidified Aave’s leadership and highlighted sustained market confidence. Aave [AAVE], a dominant platform in Decentralized Finance (DeFi), continues to set the pace for innovation with its robust ecosystem. With $22 billion in total value locked (TVL), it stands as a cornerstone of the DeFi space.  The platform’s strategic moves, such as introducing the GHO stablecoin and integrating wrapped assets like WETH and WBTC, highlight its focus on liquidity diversification and adaptability to market demands. At press time,…

Stay informed with free updatesSimply sign up to the Accountancy myFT Digest — delivered directly to your inbox.A plan to reform the rules for qualifying as an accountant in the US could expose firms to discrimination lawsuits and add barriers to joining the profession, according to the body representing the country’s biggest audit firms.In a private comment letter seen by the Financial Times, the Center for Audit Quality — which represents the Big Four and other large firms — condemned proposed reforms as “unnecessarily complex”, and said they could “introduce unconscious bias” into the qualification process.The CAQ’s intervention puts large…

Cruises come with all sorts of charges, and it can be confusing for passengers. Not everyone pays for their cruise fully at the time they book it, and many manually pay the remaining balance in pieces up until final payment is due. The final payment day is an important one to keep track of because if you owe a balance, your entire cruise can get canceled.If that happens, you may not be eligible for a refund. You could fully lose some of your money or end up with future cruise credit.  Related: Royal Caribbean explains its new strict multi-plug device…

Dogecoin (DOGE) is trading at dangerously low levels, down 25% in the past two days. Fears are igniting that the token will fall below $0.20. The ongoing crypto market correction phase has sent many of the top cryptocurrencies tumbling down this week. DOGE, as one of the leading meme coins, is getting significant attention for its fall, as investors are worried about further decline.Crypto Expert tweeted on X post highlighting Dogecoin’s recent price trends, noting a potential key support level at $0.22076. The analysis suggests the Dogecoin price is undergoing a corrective phase after a significant 25% dip, raising concerns…

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: With its 0.04% gain Thursday, the Dow finally broke its 10-day losing streak, the worst since the 70s. This week’s performance was yet another reminder of why the historically important index is now more historical than important, having long ceded its role to the S&P 500. Before the market’s dramatic reaction to the Fed on Wednesday, the Dow had been running counter to the S&P 500 and Nasdaq and was in a historic funk. A good portion of…

BEIJING (Reuters) -China’s Nio (NYSE:) on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs. William Li, Nio’s CEO, told reporters in Guangzhou that the company will work with local partners on the sale and service of the Firefly in European markets. Nio unveiled the Firefly brand on Saturday and touted it as a rival product to Mercedes’ Smart and BMW (ETR:)’s Mini. The company originally conceived Firefly to boost its market share in Europe but the European…

New data from market intelligence firm Santiment reveals one altcoin that has seen massive gains this year is rife with whale activity. In a new thread on the social media platform X, Santiment says that among altcoins with at least a $500 million market cap, tokenized artificial intelligence (AI) project Virtuals (VIRTUAL) – an asset that’s up a staggering 20,000% year-to-date – is one of the leaders in terms of whale activity. Santiment also says high-net-worth investors are making moves to accumulate 10 digital assets including VIRTUAL during the latest crypto market crash. “Despite sizable crypto corrections this week, several…

Santa Claus will soon be on his way delivering presents to kids around the world. But could the jolly gift-giver bring something for investors, too? So-called “Santa Claus rallies” can occur near the end of the year. Three Motley Fool contributors think they’ve identified fantastic stocks that could be in a good position to benefit from a Santa Claus rally. Here’s why they chose AbbVie (NYSE: ABBV), Novo Nordisk (NYSE: NVO), and Vertex Pharmaceuticals (NASDAQ: VRTX). David Jagielski (AbbVie): Heading into the tail end of the year, one growth stock which may be due for a rally is AbbVie. The…