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Economy

“Surging U.S. crop prices reverse fortunes in rural Iowa”

“A surge to eight-year highs in U.S. corn and soybean prices is boosting farmers’ incomes and their demand for land, tractors and tools. It is a turnaround for the agricultural sector after farmers struggled for years with a series of… Continue Reading…

Stocks

“Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs”

“Compass, Inc. (COMP)… After less than month in the public markets, Compass has already picked up 9 analyst reviews. These break down to 5 Buys and 4 Holds, giving the stock a Moderate Buy analyst consensus rating. The average price… Continue Reading…

Business

“Comcast beats earnings expectations, reports Peacock sign-ups grow to 42 million”

“Comcast reported first-quarter results on Thursday that beat analyst estimates on the top and bottom lines. Shares were up more than 3% in the morning. Here are the key numbers: Adjusted earnings per share: 76 cents vs 58 cents expected in a… Continue Reading…

Economy

“Lumber prices are up 232% and ‘could spiral out of control in the next few months’”

“Last week the price per thousand board feet of lumber soared to an all-time high of $1,188, according to Random Lengths. Since the onset of the pandemic, lumber has shot up a whopping 232%. Home builders and DIYers don’t want… Continue Reading…

Cryptocurrencies

“Dogecoin Miners Revenue Up 4,500% This Year”

“ The price of dogecoin has rallied by 7,000% this year, sending miner revenue skywards. The meme-based cryptocurrency reached a record high of 45 cents on April 18 and was last seen changing hands near 32 cents, up nearly 20%… Continue Reading…

Stocks

“MicroVision soars 47%, leading ‘meme stocks’ higher”

“Shares of laser-developer MicroVision Inc jumped 47% on Monday and other Reddit favorites rallied, suggesting that interest in so-called meme stocks remains strong after a wild ride this year. MicroVision, which develops laser scanning technology for automotive lidar sensors and… Continue Reading…

Business, Economy, Stocks

“BP Launches Share Buyback as Profits Soar. What It Means for the Stock.”

“BP stock made gains early on Tuesday, as the oil major committed to $500 million share buybacks after profits more than tripled in the first quarter. The London-listed energy giant cited “exceptional” gas marketing and trading performance and higher oil prices… Continue Reading…

Business

“Tesla posts record net income of $438 million, revenue surges by 74%”

“Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 3% after hours as investors digested the numbers. Here’s how the company… Continue Reading…

Cryptocurrencies

“…dogecoin millionaire’: This 33-year-old invested his savings…”

“After learning about the meme cryptocurrency on Reddit, Contessoto says he invested over $180,000 in dogecoin on Feb. 5, when it was priced at about 4.5 cents. Contessoto was intrigued by dogecoin for a few reasons. For one, he loved… Continue Reading…

Cryptocurrencies

“A second bitcoin exchange collapses in Turkey amid crackdown on cryptocurrencies”

“The platform, Vebitcoin, said in a brief statement on its website that it has ceased all activities after facing financial strain and that it would update clients on the situation as soon as possible. Days earlier, Thodex, went offline with its CEO reportedly leaving… Continue Reading…