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July 16, 2021

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The best ways to invest when inflation takes off

CNBC
CNBC – For more and to sign up click here Scott Olson | Getty Images Inflation surged more in June than it has in more than 10 years, and the news has investors worried. That’s because rising prices can erode a portfolio’s profit. Most simply, as the cost of living......

Facebook and Instagram will invest over $1 bln in content creators

Reuters
July 14 (Reuters) – Facebook Inc (FB.O) will invest over $1 billion to support content creators through the end of 2022, the social media giant said Wednesday, as it aims to compete with platforms like TikTok and YouTube for the attention of top social media personalities. The investments will include......

Spain to invest 4.3 bln euros in electric vehicle production

Reuters
Workers assemble vehicles on the assembly line of the SEAT car factory in Martorell, near Barcelona, Spain, October 31, 2018. Picture taken October 31, 2018. REUTERS/Albert Gea/File Photo MADRID, July 12 (Reuters) – Spain will invest 4.3 billion euros ($5.11 billion) to kick-start the production of electric vehicles and batteries......

If you’re going to invest in a Chinese stock, here’s what you need to know

CNBC
CNBC – For more and to sign up click here A courier for Missfresh grocery delivery drives past Chinese ride-hailing company Didi’s offices. Both companies went public in the U.S. in June 2021. Gilles Sabrie | Bloomberg | Getty Images BEIJING — For investors in Chinese IPOs like Didi, reading......

This market trend suggests a weak summer, but Ally Invest has a message for investors: Don’t get discouraged

CNBC
CNBC – For more and to sign up click here Despite an upbeat market forecast for the year’s second half, Ally Invest’s Lindsey Bell has a warning for the next few months. Bell finds the third quarter is usually the weakest time of the year, up 0.7% on average since......

Charlie Munger calls Robinhood ‘a gambling parlor’—here’s how Warren Buffett says to invest instead

CNBC
CNBC – For more and to sign up click here Berkshire Hathaway’s Charlie Munger isn’t impressed with the recent popularity of stock trading apps like Robinhood, saying that they are akin to “a gambling parlor.” The billionaire investor appeared with fellow investing legend Warren Buffett on CNBC’s special “Buffett & Munger:......

What’s the perfect amount to invest in cryptocurrencies? Financial advisors weigh in

CNBC
CNBC – For more and to sign up click here Yuriko Nakao | Getty Images When it comes to investing in the new and highly volatile asset class of cryptocurrencies, most financial advisors have at least one piece of wisdom: Don’t put in more than you can afford to lose.......

Why Cathie Wood’s Ark Invest is launching a bitcoin ETF: CNBC After Hours

CNBC
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, CNBC’s Kate Rooney explains why highly-watched fund Ark Invest is interested in launching a bitcoin ETF, even as bitcoin goes mainstream. Plus, Chinese Uber rival Didi......

Cathie Wood’s Ark Invest files to create a bitcoin ETF

CNBC
CNBC – For more and to sign up click here Cathie Wood’s Ark Invest filed with the Securities and Exchange Commission on Monday to create a bitcoin exchange-traded fund. Wood — a longtime bitcoin bull — has been buying up proxies for the digital asset in names such as Coinbase......

Jim Cramer says the ‘Ark Invest phenomenon’ appears to be over for now

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Friday that Ark Invest’s stock-moving influence appears to be waning — at least for now. Ark Invest’s family of exchange-traded funds were some of the best performers on Wall Street last year, but have not fared......

Suze Orman likes bitcoin. Here’s how she says you should invest in it

CNBC
CNBC – For more and to sign up click here Personal finance expert Suze Orman likes bitcoin. Not as a currency, but as a long-term investment, the bestselling author told CNBC’s “Power Lunch” on Monday. Back in April, she said she told listeners of her podcast, “Women & Money (And......

Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia’s $40 billion acquisition

CNBC
CNBC – For more and to sign up click here Cristiano Amon, president of Qualcomm and Qualcomm CDMA Technologies, responds to a question during a panel discussion on 5G wireless broadband technology during the 2018 CES in Las Vegas, Nevada, U.S. January 10, 2018. Steve Marcus | Reuters U.S. chip......

EXCLUSIVE Hyundai to slash combustion engine line-up, invest in EVs – sources

Reuters
Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs), two people close to the South Korean automaker told Reuters. The move will result in a 50% reduction in models powered by fossil fuels, one of......

Peloton to invest $400 million to build its first U.S. manufacturing facility in Ohio

CNBC
CNBC – For more and to sign up click here Peloton said Monday it will invest $400 million to build its first factory in the United States to speed up production and delivery of its popular cycles and high-end treadmill machines. After vetting a number of locations, it selected a......

EV start-up Fisker will not accept or invest in bitcoin, CEO says

CNBC
CNBC – For more and to sign up click here Electric vehicle start-up Fisker does not plan to invest in bitcoin or accept the cryptocurrency as payment, according to CEO and founder Henrik Fisker. Fisker said bitcoin is not “a sustainable solution,” echoing environmental concerns raised last week by Tesla......

Coalition Urges Ohio Senate to Invest in Child Wellbeing

ClevelandScene
click to enlarge AdobeStock Key areas would be underfunded in the new budget COLUMBUS, Ohio — As the Ohio Senate continues hearings on the biennial state budget, there are calls for lawmakers to move the needle on investments in child wellbeing. While the House version of a $74 billion two-year......

Here’s how much you should invest per month to save $750,000 by age 40

CNBC
CNBC – For more and to sign up click here Investing in your 20s can let you take advantage of the power of compound interest for decades. If you want to save $750,000 by age 40, you will need to start putting away a lot of money when your career......

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