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May 14, 2021

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Ethereum: What is it and how is it different from bitcoin?

CNBC
CNBC – For more and to sign up click here Jack Taylor | Getty Images LONDON — Ether, the world’s second-largest cryptocurrency, has been stealing the limelight from bitcoin lately. The digital coin hit a record high above $4,000 on Monday and is now up more than 450% since the......

A joke cryptocurrency has risen nearly 25,000% in the last six months, outpacing nearly every other investment

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CNBC – For more and to sign up click here Dogecoin, the cryptocurrency branded after a viral dog meme from years ago, has a market capitalization of about $86 billion following a six-month climb of nearly 25,000 percent. Over that same time period, the S&P was up 19 percent, while......

Dogecoin rally is a ‘middle finger’ to the financial system, says crypto bull Mike Novogratz

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CNBC – For more and to sign up click here Dogecoin’s massive rally this year can be seen as a kind of “middle finger” to the traditional financial system, longtime crypto bull Mike Novogratz told CNBC on Wednesday. Novogratz spoke after the price of dogecoin surged again early Wednesday. The......

Tesla stock slumps despite record quarter: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, Phil LeBeau breaks down Tesla’s record quarter and explains the criticisms of the electric carmaker’s profitability model. Plus, Yun Li dives into GameStop’s $550 million stock......

GameStop shares jump after the Reddit favorite raises $551 million in stock sales

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CNBC – For more and to sign up click here GameStop‘s stock price climbed in extended trading Monday after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation. The stock, favored by the Reddit retail trading crowd, jumped 15%......

Stock futures are flat after S&P 500 and Nasdaq close at record highs

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CNBC – For more and to sign up click here Traders on the New York Stock Exchange. Source: NYSE Stock futures held steady in overnight trading on Monday as investors braced for another batch of corporate earnings. Futures on the Dow Jones Industrial Average and S&P 500 futures were little......

Stocks making the biggest moves after the bell: Tesla, Snap, GameStop & more

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CNBC – For more and to sign up click here A man walks in front of a GameStop store in the Jackson Heights neighborhood of New York City, New York, Jan. 27, 2021. Nick Zieminski | Reuters Check out the companies making headlines after the bell on Monday: Tesla —......

Crypto bull calls dogecoin a mania and a bubble, says her firm hasn’t touched it

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CNBC – For more and to sign up click here The meteoric rise of dogecoin this year is “definitely a mania,” crypto bull Meltem Demirors told CNBC on Monday, saying there’s a reason her digital asset investment firm has stayed away. Dogecoin, which was started as a joke in 2013, became......

Young investors are betting on stocks. Here’s what to know before jumping in

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CNBC – For more and to sign up click here Narisara Nami | Moment | Getty Images Young investors are piling into stocks. Yet before you follow their lead, there are several things you should do first. Otherwise, you could get burned. “Sometimes the shiny object or the stock that......

How meme stocks like Gamestop and AMC changed Wall Street

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CNBC – For more and to sign up click here The GameStop frenzy in late January forced Wall Street to pay attention to retail investors like never before. The r/WallStreetBets community piled into the video game retailer’s stock and options, triggering a short squeeze and leaving short sellers with huge......

Novogratz: Dogecoin, bitcoin are both rallying but these cryptocurrencies are quite different

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CNBC – For more and to sign up click here Longtime cryptocurrency bull Mike Novogratz stressed Tuesday that bitcoin and dogecoin, while both have staged strong rallies this year, are very different in design and in their risk profiles. Bitcoin was launched in 2009 and it’s grown in fits and......

Stocks making the biggest moves midday: Peloton, GameStop, Harley-Davidson and more

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CNBC – For more and to sign up click here A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making......

GameStop shares jump after CEO steps down, ‘Roaring Kitty’ raises stake

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CNBC – For more and to sign up click here Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters GameStop rallied on Monday after the brick-and-mortar video game retailer announced its succession plan as it seeks......

How I learned about investing in stocks — and you can, too

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CNBC – For more and to sign up click here During the coronavirus lockdown, a lot of young people started investing in buzzy stocks like GameStop, and you started hearing how people were making thousands of dollars in one day. It was mind-blowing. But it also proved to be a......

Robinhood and Coinbase top Apple App Store

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CNBC – For more and to sign up click here Coinbase is a popular option for buying bitcoin and other cryptocurrencies. Todd Haselton | CNBC Watch out social media, finance apps are becoming a more popular form of entertainment on people’s phones. Trading platforms Robinhood and Coinbase grabbed the top......

Dogecoin spikes 400% in a week, stoking fears of a cryptocurrency bubble

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CNBC – For more and to sign up click here A visual representation of dogecoin and other cryptocurrencies. Yuriko Nakao | Getty Images Dogecoin started out as a joke. Now it’s a top 10 digital currency worth $40 billion. The cryptocurrency is based on the “Doge” meme, which rose to......

‘Roaring Kitty’ stands to rake in millions on his GameStop options bet Friday

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CNBC – For more and to sign up click here The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters It could be a big pay day for Keith Gill, the Reddit......

Op-ed: Look to fundamentals—not the sector of the day— to drive stocks as the economy improves

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CNBC – For more and to sign up click here ferrantraite | E+ | Getty Images Sometimes you can feel the wind shift directions right as it happens: on a boat, a bike, or even standing outside. That is how it felt a few weeks ago when I saw that......

Venture funding soared to record $64 billion in Q1

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CNBC – For more and to sign up click here Coming off a boom year for the tech industry, investors spent the early part of 2021 pouring money into food delivery companies, online brokerages and Elon Musk’s SpaceX, leading to a record quarter for U.S. venture funding. Venture-backed companies raised......

Investors have put more money into stocks in the last 5 months than the previous 12 years combined

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE The latest wave of market enthusiasm has brought with it a stunning rush of money, in which more of investors’ cash has gone to stock-based funds in the......

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