By Luc Olinga Bill Gates is stepping up efforts to eradicate a disease that resurfaced in New York in the summer. Bill Gates rarely gives up in a fight. The billionaire philanthropist had asounded frustrated last summer after what he called “setbacks.”…
Goldman Sachs Chooses the Rich over the Average Joe
By Luc Olinga The prestigious investment bank seems to be giving up on its ambitions to seduce Main Street. It looks like a flip-flop that doesn’t say its name. Goldman Sachs (GS) – Get Goldman Sachs Group Inc. (The) Report seems to be giving up on its…
Bitcoin: No New Lows but No Upside. The Charts Hint at Direction.
By Bret Kenwell Bitcoin has failed to generate any meaningful upside momentum but has avoided making new lows. Here’s how to trade it now. While the S&P 500 tries to carve out a low for the year, bitcoin bumbles along. It’s not showing any meaningful u…
Kanye Takes a Cue From Elon Musk and Donald Trump
By Veronika Bondarenko “We have to make sure we have the right to freely express ourselves,” Ye said of his plans to acquire far-right social media platform Parler. On the heels of scandals regarding comments about Black Lives Matter and Jews, Kanye We…
Bank of America Stock Leaps On Q3 Earnings Beat, Solid Loan Growth
By Martin Baccardax “Our U.S. consumer clients remained resilient with strong, although slower growing, spending levels and still maintained elevated deposit amounts,” said CEO Brian Moynihan. Bank of America (BAC) – Get Bank of America Corporation Rep…
Ark’s Cathie Wood Continues to Stumble
By Dan Weil Soaring interest rates and weak economic growth have dented Wood’s young, ‘disruptive’ technology companies. It’s been a rough 2022 for famed money manager Cathie Wood, chief executive of Ark Investment Management, as her exchange-traded fu…
Domino’s Wants You to Pick Up Your Pizza (and Pay More for It)
By Sarah Jean Callahan The Michigan pizza chain makes some changes to deal with the current economic crisis. Domino’s Pizza (DPZ) – Get Domino’s Pizza Inc Report made its mark by offering a fast-food type of pizza service option. Domino’s marketing pro…
Tech Billionaires Lost $386 Billion in 10 Months
By Luc Olinga The rout in financial markets since January has claimed a big casualty: tech billionaires. The market rout is a personal disaster for many investors Apart from the defensive sectors and energy, the rest of the economy is impacted by the u…
Elon Musk Makes Big Promise to Ukraine Against Russia
By Luc Olinga The world’s richest man is obsessed with the Russia-Ukraine war in which he plays a big role. Elon Musk is obsessed with what the biggest threats to the world today. The serial entrepreneur has spent the past two weeks talking about the R…
Billionaire Mark Cuban Reveals What He Wants to Be Remembered for
By Luc Olinga The legendary investor has a clear idea of what he wants people to remember about him. It’s hard not to recognize Mark Cuban in a room full of billionaires. He is one of the rare self-made people who has always known how to stand out. If …