My War Room partner, Karim, watches the fundamentals like a hawk, and there’s one number he keeps pointing to that should make you sit up. It’s called the Shiller CAPE ratio. It’s one of the broadest measures of how expensive stocks are. And it just hit 41. The long-term median is about 16. The only…
Tom Lee, the chairman of Bitmine Immersion Technologies (), has said that public companies now run Ethereum. Lee explained that public companies have stepped in to fill the gap as the Ethereum Foundation cut its network holdings to 100,000 . With these treasuries stepping up, Lee believes they have quietly taken stewardship over from the…
Heavy, unusual trading in Kraft Heinz Inc (KHC) call options occurred today after a Reuters interview with the company’s new CEO, Steve Cahillane. He outlined his turnaround plan, but so far, KHC stock has faltered since its Q1 earnings release. KHC is at $23.14 in midday trading on Wednesday, June 3. That’s down from a…
SpaceX Priced Its IPO at $135, So Wall Street Cynics Can Go Kick Rocks – Moby THE GIST Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our #1 pick. Tap here. SpaceX set its IPO price on Wednesday…
The digital assets market, which had already been struggling for months now, is now witnessing a bloodbath after Michael Saylor’s Bitcoin (BTC) treasury firm Strategy (Nasdaq: MSTR) announced the sale of 32 BTC. The total cryptocurrency market cap has declined from $2.57 trillion on the announcement day on June 1 to $2.38 trillion at press…
June 3 (Reuters) – Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer price in their New York Stock Exchange debut on Wednesday, setting the tone for a busy week of initial public offerings. The stock opened at $20.75 apiece, compared with the offer price of…
Recently, chip giant Broadcom (AVGO) launched its Edge AI broadband portfolio, including a 50G PON gateway system-on-chip with an integrated neural processing unit and Wi-Fi 8 fixed wireless access (FWA) support, bringing fast, secure, and intelligent processing to the edge for smart homes and enterprise applications. Broadcom is working with partners, including Samsung and various…
Mastercard (NYSE: $MA) is widening its settlement window to nights, weekends and holidays, with Polygon (CRYPTO: $POL) selected as one of the networks carrying the card giant’s onchain settlement push. The expansion gives issuers and acquirers more flexibility in how they settle card transactions across Mastercard’s global network. The new options include intraday, weekend, and…
Certain furniture and mattress retailers are facing financial distress in 2026, after the industry had success in 2025. The furniture industry showed positive sales results in 2025, as the Top 100 retailers posted a 0.9% combined sales increase to $51.2 billion, based on furniture, bedding, and accessories, after a two-year decline, according to Furniture Today….
The SpaceX IPO is one of the most highly anticipated public offerings in market history, and it’s slated to become the largest IPO of all time when it goes public on June 12. While there’s no shortage of excitement around SpaceX, investing immediately after it goes public can be risky. IPO stocks tend to carry…
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