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Cryptocurrencies

“Robinhood bets big on crypto with $200 million deal for Bitstamp” [Thu, Jun 6, 2024]

“Trading platform Robinhood Markets said on Thursday it has agreed to buy crypto exchange Bitstamp for about $200 million in cash, speeding up a broader push into digital assets with its biggest-ever deal. Robinhood, whose shares were up 3.4% before… Continue Reading…

Stocks

“Bank of America Predicts up to ~200% Surge for These 2 ‘Strong Buy’ Stocks”

“Sutro Biopharma (STRO)… “We think that luvelta has the potential to treat up to 80% of PROC patients, a significant improvement over the ~30% eligible for AbbVie’s Elahere (approved FolRα ADC)… Overall, the Strong Buy consensus rating on STRO is based… Continue Reading…

Business

“Buffett’s Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion”

“… …” https://www.cnbc.com/2024/05/06/berkshire-hathaway-gains-as-insurance-lifts-first-quarter-profit-and-cash-nears-200-billion.html That 200 billion will be used to buy up the markets after they collapse. They are waiting for the commercial real estate crisis. It’s going to affect the banks which will affect everything else.

Business

“Hertz loses another $200 million from its EVs”

“Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble… The company previously said it would sell off 20,000 EVs from its fleet, meaning it will now dispose of 30,000 EVs in its fleet… Continue Reading…

Business, Economy

“…Elon Musk Just Slammed Ireland’s Plans To Slaughter 200K Cows For Climate Change…”

“…According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets… It also caught the attention of Tesla Inc. CEO Elon Musk. “This really needs to stop. Killing some cows… Continue Reading…

Banking, Energy

“JPMorgan agrees to purchase $200 million worth of carbon removal”

“JPMorgan Chase announced Tuesday that it has agreed to spend more than $200 million on a combination of carbon removal technologies. The spending will be allocated to long-term agreements to remove and store the equivalent of 800,000 metric tons of carbon… Continue Reading…

Economy, Stocks

“Dow climbs nearly 200 points after December CPI report shows cooling inflation”

“Stocks advanced Thursday after December’s consumer price report showed inflation cooled for the month, raising hopes the Federal Reserve can once again slow interest rate hikes. The Dow Jones Industrial Average gained 186 points, or 0.6%. The S&P 500 added… Continue Reading…

Stocks

“Dow slides by 200 points at the open as control of Congress remains unclear”

“…The Dow Jones Industrial Average fell 270 points, or about 0.8%. The S&P 500 shed 0.9%, and the Nasdaq Composite slid 1.2%. Stocks are coming off three-straight days of gains into the election, where Wall Street was expecting Republicans to… Continue Reading…

Stocks

“Dow drops 200 points as stocks extend losses from Thursday’s sell-off”

“…The Dow dropped 260 points, or 0.8%. The S&P 500 lost 0.8%, while the Nasdaq Composite slid 0.8%. The tech-heavy index is now down roughly 25% from its record high last November. The moves came after stocks sold off sharply… Continue Reading…

Energy

“Oil Traders Bet Prices Will Pass $200 a Barrel This Month”

“Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures surpass $200 before the end of March… Prices to buy call options at higher prices… Continue Reading…