A 29-year-old self-made billionaire breaks down how he achieved daily returns of 10% on million-dollar crypto trades — and shares how to find the best opportunities in the space

Sam Bankman-Fried became a self-made billionaire after launching a crypto-trading firm in 2017. On a podcast, he discussed a strategy that secured 10% daily returns on million-dollar trades. He also shared how correctly evaluating risk in cryptos can lead to moneymaking opportunities. See more stories on Insider’s business page. In the space of three and a half years, Sam Bankman-Fried […]

» Read more

New texts reveal former British PM David Cameron’s Greensill dealings

Britain’s Chancellor Rishi Sunak has been forced to publish text messages sent to former UK prime minister David Cameron relating to the disgraced Australian businessman Lex Greensill. Greensill Capital’s collapse has embroiled some of the British Conservative party’s biggest identities after it was revealed Cameron was advising the company and used his connections to personally message the Chancellor of the […]

» Read more

Top Analyst Upgrades and Downgrades: Adobe, HubSpot, NXP Semiconductors, Splunk, Textron, TJX, VMWare, Wingstop and More

The futures were mixed on Thursday after investors were focused Wednesday on the release of the Federal Reserve minutes from the March meeting, in which officials expressed patience in keeping the easy monetary policy in place, believing that it will be “some time” until its economic and price-stability goals are met. Top strategists across Wall Street continue to point to […]

» Read more

‘You’re going to see bad before you see good’: A portfolio manager at a $2.3 billion firm breaks down why the S&P 500 is staring down a decade of negative returns — and says 10-year yields going to 7% is ‘not outlandish’ amid a wave of inflation

As stocks sit at all-time highs, Cole Smead is warning of negative returns in the decade ahead. Smead pointed to the historically high percentage allocation to equities in household portfolios. He recommended investing in oil, shopping malls, and homebuilding.  See more stories on Insider’s business page. Cole Smead was at his daughter’s softball game when yet another piece of anecdotal evidence […]

» Read more

The economy is expected to boom in the second quarter, and that’s good news for stocks

The second quarter is often a positive for stocks, said Sam Stovall, chief investment strategist at CFRA. This time, the economy is bouncing back from the pandemic, with consumer spending expected to increase at service and hospitality-focused businesses. Ethan Harris, Bank of America’s head of global economic research, forecasts economic growth of 10% in the second quarter. The nation's economic […]

» Read more

Dozens of Hong Kong-listed companies suspend trading on earnings delay

Many of the filings said the companies had not published their 2020 full-year results by the end of March, some citing difficulties caused by the Covid-19 pandemic. Hence, shares of these companies had to be suspended from trading under Hong Kong's listing rules. In this article 2799-HK 3800-HK Shares of around 50 Hong Kong-listed companies were suspended from trading on […]

» Read more

Why bitcoin could triple over next year

New York (CNN Business)Goldman Sachs will reportedly soon offer its private wealth management clients avenues to invest in bitcoin and other digital currencies. Mary Rich, who is about to become the new global head of digital assets for Goldman Sach’s private wealth management division, said in an interview with CNBC Wednesday that Goldman will begin offering cryptocurrencies to investors sometime […]

» Read more

Latitude’s Ahmed Fahour aims to disrupt big four as float looms

Latitude Financial chief executive Ahmed Fahour has set his sights on disrupting the big four bank’s dominant position in consumer finance, as the company gears up for its third attempt at a sharemarket listing. The non-bank lender, which is slated to float with a market value of $2.6 billion later in April, on Wednesday lodged its prospectus and said it […]

» Read more
1 2 3 94