Author: Anthony M. Orbison

Apple (NASDAQ: AAPL) is the most valuable company in the world right now with a market cap of $3.4 trillion. But a closer look at the company’s recent financial performance indicates that it is finding it difficult to put its growth into a higher gear.For instance, in the third quarter of fiscal 2024 (which ended on June 29), Apple’s revenue increased just 5% year over year to $85.8 billion. Analysts are expecting this “Magnificent Seven” stock to finish the year with a 9% increase in revenue to $390 billion. Additionally, its revenue is expected to increase by just 8% in…

It’s another week in auto, and Bank of America analysts are keeping an eye on Tesla  (TSLA)  and General Motors’  (GM)  future events. UBS analysts keep their bearish position ahead of the Tesla Robotaxi event, and Deutsche and JP Morgan analysts have a compelling view of a key Tesla rival in China. The ONVO L60 electric SUV from NIO’s new subsidiary brandVCG/Getty Images Nio’s Onvo is on the wayUnlike other Chinese EV automakers like BYD or Li Auto, Nio  (NIO) is not profitable. During its second quarter 2024 earnings on September 5, Nio recorded stronger margins and record sales but also…

Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting Bitcoin as a unique portfolio diversifier. This marks the latest embrace of Bitcoin from the world’s largest asset manager.JUST IN: 🇺🇸 $10 TRILLION financial Giant BlackRock released a full report on #Bitcoin, saying it's a unique diversifier.The new marketing team is here 🚀 pic.twitter.com/WTHgawTyGD— Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 Earlier this year, BlackRock launched a Bitcoin exchange-traded fund (IBIT), rapidly becoming one of the most successful ETF launches ever. The Bitcoin ETF already has over $21 billion in assets under management.BlackRock…

Swing Trading: A Guide to Making Money in the Stock Market Swing trading is a popular trading strategy that involves holding a position in the stock market for a short period of time, typically between a few minutes and a few days. This approach allows traders to capitalize on short-term market fluctuations and generate profits quickly. In this article, we’ll delve into the world of swing trading, exploring its benefits, strategies, and risks to help you get started. What is Swing Trading? Swing trading involves buying and selling securities in a short period of time, usually within a few days…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseOne of the upsides of Joe Biden making way for Kamala Harris was that he could focus on the presidency. Two months later, there is scant evidence his freed-up schedule has had much effect. In another era, Biden might have had the luxury of taking a long bow as he exits the stage. But the Middle East is on the brink of war and Ukraine is heading into a dangerous winter. Harris’s election prospects and his own legacy are…

Visa (NYSE:) shares are down 2% premarket Tuesday following reports that the U.S. Department of Justice (DoJ) plans to sue the company for allegedly monopolizing the U.S. debit card market. According to a report from Bloomberg, the DoJ is preparing to file an antitrust lawsuit accusing Visa of engaging in anticompetitive conduct to maintain its dominance, including exclusive agreements that hinder rivals and prevent technology companies from entering the market. The lawsuit is said to be the culmination of a years-long investigation that began after Visa’s failed attempt to acquire fintech company Plaid Inc. in 2021. Over the course of…

River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency standard for the industry after recent failures of exchanges like FTX shook consumer trust.River CEO Alex Leishman stated, “River Proof of Reserves is about more than verifying our balances; it’s about reinforcing River’s commitment to integrity and long-term client trust.” He added, “Our goal is to build unshakable trust with our clients. Proof of Reserves is the gold standard for Bitcoin custody.”The new feature allows clients to independently confirm that…

Forex trading, also known as foreign exchange trading or FX trading, is a type of trading that involves exchanging one country’s currency for another country’s currency at an agreed-upon exchange rate. Forex trading is a unique and complex form of trading that sets it apart from other types of trading. In this article, we will explore what sets forex trading apart from other types of trading and what makes it so challenging and attractive to traders. Liquidity One of the key differences between forex trading and other types of trading is its liquidity. Forex is the largest and most liquid…

First lady Jill Biden on Monday unveiled a new set of actions to address health inequities faced by women in the United States, plans that include spending at least $500 million annually on women’s health research. Jill Biden made the announcement at this year’s Clinton Global Initiative annual meeting in New York, moments before the organization honored President Joe Biden with the 2024 Clinton Global Citizen Award. “He’s provided a playbook for getting things done,” former President Bill Clinton, said as he presented the award. “We honor him today, not just for what he’s accomplished, but for the way he has done…

Dividends are regular payments companies make to their shareholders from their profits. Dividend stocks are shares in these companies that consistently pay out dividends. These stocks are often associated with mature, stable companies that have steady cash flows. Investors can receive dividends as cash or reinvest them to buy more shares. Dividend stocks are popular among income-seeking investors and those looking for stability. Investing in dividend stocks can offer several benefits. They provide a steady income stream, which is particularly appealing during market downturns. Many dividend-paying companies have a history of increasing their payouts over time. This can lead to…