Author: Anthony M. Orbison

As investors seek ways to harness Bitcoin’s volatile and often unpredictable nature, BlackRock argues that Bitcoin’s prices may be uncorrelated to stocks and other traditional assets in a new report. The authors call Bitcoin a “unique diversifier” because its behavior is difficult to analyze within traditional economic frameworks.  While Bitcoin prices may correlate with established markers like the S&P 500 in the short-term, the report says, they often rally higher than others over time. “We view this pattern as instances of fundamentals eventually prevailing over short-term leveraged trading reactions,” the report said.  Iván Rodríguez, an associate professor of finance at…

In summer 2023 Southwest Airlines  (LUV)  first started hinting that it would introduce red-eye routes. The airline, founded out of Dallas in 1967 and operating its first flight in 1971, has over the years become known for a unique business model. Travelers do not get assigned seats; rather, they enter based on fare class and choose from the available seats. And Southwest offered two free checked bags, even in economy. (That open seating policy might well be going away.)That said, the airline has also relied on a reservation system that excluded routes that left on one day and arrived the next morning.Related: Southwest Airlines…

The cryptocurrency industry has continued to change the lives of its investors. While Shiba Inu (SHIB) and other meme coins were previously making headlines for doing this, several new assets were bringing in similar gains for investors. More recently, an investor managed to turn a mere $95 to nearly $100,000 within a day.Also Read: Dogecoin Whales Pocket 1.40 Billion DOGE: 20 Cents Incoming?Recent data from Lookonchain revealed that a cryptocurrency trader who traded Incept (INCEPT) saw a return of more than 1,000 times, growing $95 into as much as $96,900 in just 12 hours.But it was revealed that the address…

How to Use Leverage in Trading: A Guide to Margin Trading Leverage is a powerful tool used in trading that allows you to control a larger position size with a smaller amount of capital. Also known as margin trading, leveraging allows you to amplify your gains, but it can also amplify your losses if not used properly. In this article, we’ll delve into the world of leverage and provide a guide on how to use it effectively in your trading activities. What is Leverage? Leverage is the use of borrowed money to increase your trading position size. By using leverage,…

What’s Going On With Nvidia, Broadcom, Intel, And Other Chip Stocks On Thursday?Semiconductor stocks especially linked to artificial intelligence led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Intel Corp (NASDAQ:INTC), Broadcom Inc (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Arm Holdings Plc (NASDAQ:ARM), Qualcomm Inc (NASDAQ:QCOM) are trading higher Thursday in sympathy with Micron Technology, Inc’s (NASDAQ:MU).Micron’s upbeat fourth-quarter performance is pushing the sector higher. AI server company Super Micro Computer, Inc (NASDAQ:SMCI) has also gained momentum.On Wednesday, Micron reported quarterly revenue of $7.75 billion, up by 93%, beating the analyst consensus of $7.64 billion. This was driven by a…

(Reuters) -AbbVie said on Thursday its drug met the main goal in a late-stage trial when tested in patients with early Parkinson’s disease. The trial studied two doses of the drug, tavapadon, as a monotherapy in which patients showed a statistically significant improvement when compared to placebo, as measured on a rating scale that evaluates various aspects of the disease. Tavapadon is being studied as a once-daily treatment for Parkinson’s disease – a movement disorder of the nervous system which worsens over time. AbbVie (NYSE:) gained access to the treatment with its $8.7 billion buyout of Cerevel Therapeutics. Source link

A popular crypto analyst thinks one large-cap Ethereum (ETH) rival could be at risk of a massive sell-off. Ali Martinez tells his 72,400 followers on the social media platform X that Toncoin (TON) could be in for rough weeks ahead following a new announcement that the messaging platform Telegram will provide user data to governments under certain circumstances. Telegram initially developed Toncoin in 2018, but it parted ways with the project in 2020 following a legal battle with the U.S. Securities and Exchange Commission (SEC). The Open Network, an open-source community of developers, took over management of the technology that…

The Evolution of Forex Trading: A Look Back at the Last Decade The foreign exchange market, also known as the Forex market, has undergone significant changes over the past decade. From the rise of online trading platforms to the increasing popularity of cryptocurrencies, the Forex landscape has transformed dramatically. In this article, we’ll take a look back at the major developments that have shaped the Forex industry over the last decade. The Rise of Online Trading Platforms (2010-2012) The early 2010s saw the emergence of online trading platforms, which revolutionized the way individuals could access the Forex market. With the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Councils plan to pay private schools £2.1bn this academic year to fund support for students with special educational needs in England, up 15 per cent on last year, as local authority budgets are already under severe pressure.The allocation represents a sharp rise on the £1.8bn set aside last year, according to data published by the Department for Education on Thursday, and a three-fold increase on the £710mn given in 2015.The data comes as growing recognition of conditions such as autism has led…

The Las Vegas Strip offers a variety of performance options to entertain its guests.The Strip is known for its music residencies, featuring some of the biggest performers in the business, but it also has a history of hosting the top magicians and comedians on stage.Related: Las Vegas Strip casino signs rock superstar for new residencyVisitors can always see legendary singers in long-running residencies, such as Mr. Las Vegas Wayne Newton at the Flamingo’s Bugsy’s Cabaret Showroom, which runs through Dec. 30, 2024; 1970s pop star Donny Osmond at Harrah’s Las Vegas Showroom through Nov. 16, 2024; or 1970s superstar Barry Manilow…