By Maxx Chatsko The drug developer’s latest capital raise, a $150 million private placement, comes during a difficult market environment. The strongest companies can raise money in any environment. Recursion Pharmaceuticals (RXRX) – Get Recursion Pharm…
You’re More Likely to Owe Federal Taxes This Year
By Veronika Bondarenko Many temporary changes made to the tax code are going away. Few things are more pleasant that when an accountant runs through what you’ve earned and paid and confirms that you will not owe any extra taxes in April. On the other h…
Elon Musk’s Tesla Issues Rare ‘Physical’ Recall for Model 3 Cars
By Rob Lenihan Tesla says it began investigating a problem related to seat belts in August. This time it’s for real. Elon Musk, Tesla (TSLA) – Get Tesla Inc. Report CEO and recently self-declared “Chief Twit” at Twitter (TWTR) – Get Twitter Inc. Report…
Bitcoin Clings to $20,000 Despite Big Tech Setbacks
By Ellen Chang The digital currency seems to be breaking away from the tech groups with which its prices have been moving in tune with for some time. Bitcoin (BTC), the most popular cryptocurrency, is rebounding despite big tech’s massive losses this w…
This Rare Occurrence Always Leads to a Stock Market Drop
By Dan Weil On one hand, it’s not linked, but you can’t deny what has happened to the market in the past. Most experts agree that the stock market’s direction is determined by fundamentals. Strong earnings, usually accompanied by strong economic growth…
Apple Stock Jumps on Earnings but Faces Key Test on the Chart
By Bret Kenwell Apple stock is rallying nicely on earnings, but it will soon face a key resistance area. Here are the must-know levels now. Apple (AAPL) – Get Apple Inc. Report helped lend some stability to the Nasdaq last night when it reported earnin…
A Guide to Deathbed Gifts and Estate Planning- Q&A Pro Series
By Julie Bennett Iannuzzi,Zach Faulds A top estate planning pro explains why most deathbed gifts are a bad idea in this video Q&A. He also walks us through some examples and provides other estate planning strategies. Are deathbed gifts ever a good fina…
The Very Bad Week of Amazon, Alphabet, Meta and Microsoft
By Luc Olinga The four tech giants have confirmed that the economic boom of the covid-19 pandemic is over. It’s a hard landing. A very difficult return to earth, whose echo resounds throughout Silicon Valley. The golden financial days of the covid-19 p…
Elon Musk Makes a Huge Splash
By Luc Olinga The billionaire is now the new owner of the microblogging website. He immediately fired the CEO, CFO and content boss. It’s called a great start with a fall cleaning. Six months after making a $44 billion bid to acquire social network Twi…
NBC May Have Just Quietly Given Up on Peacock
By Michael Tedder Why did Peacock give away one of its best shows to a rival streaming service? The Streaming Wars are a high-stakes arms race in their own way, with several corporations and media companies vying for the very future of entertainment, n…