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Business, Stocks

“Who gets the $12.6M in restitution from the Robinhood settlement”

“On Wednesday, Robinhood reached a settlement with FINRA over a multitude of issues, agreeing to pay a fine of $57 million and restitution to customers of $12.6 million. In the 122-page settlement document against Robinhood, FINRA explains that the company “has paid or intends… Continue Reading…

Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…

Economy

“3 “Strong Buy” Stocks Under $10 That Can Rip Higher”

“Enthusiast Gaming Holdings (EGLX)… Buck’s bullish stance on EGLX is hardly an outlier; in fact, Wall Street’s consensus is slightly more bullish. There are 3 recent Buy reviews on file, making the Strong Buy consensus rating unanimous. The shares are trading… Continue Reading…

Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…

Economy

“Oil could spike above $100 next year, Bank of America says”

“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…

Economy, Stocks

“Oil Breaks Through $70 a Barrel. Here’s How It Could Keep Going.”

“Oil prices have rebounded even faster than most oil bulls had expected, and on Monday, oil futures briefly crossed a key threshold. West Texas Intermediate futures, the benchmark for U.S. oil, rose above $70 a barrel late on Sunday, the first… Continue Reading…

Stocks

“3 “Strong Buy” Stocks Under $10 With Triple-Digit Upside Potential”

“RedHill Biopharma (RDHL)… Overall, based on all the above factors, Wall Street analysts are thoroughly impressed with RDHL. It boasts 100% Street support, or 4 Buy ratings in the last three months, making the consensus a Strong Buy. Shares are selling… Continue Reading…

Business

“Under Armour to raise hourly wages to $15 for more than 8,000 retail, distribution workers”

“Under Armour announced Wednesday it is raising wages for hourly retail workers to $15 in the United States and Canada, impacting more than 8,000 jobs. The increases, which could be as much as 50% for some workers, will be effective June… Continue Reading…

Cryptocurrencies

“Ethereum, the world’s second-largest cryptocurrency, soars above $4,000 for the first time”

“Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the digital token of the Ethereum blockchain, rose nearly 7% over the last 24 hours to $4,141.99 by 3:40 a.m.… Continue Reading…

Cryptocurrencies

“$1 Dogecoin looks almost inevitable now”

“Dogecoin continued its recent surge Wednesday, hitting new all-time highs and making even the most skeptical admit that the vaulted $1 price goal is looking more and more achievable. The cryptocurrency that no one was meant to take seriously spiked to just… Continue Reading…