Political changes, public company adoption, and the $100k price "magnet" are three reasons Bitcoin and Bitcoin proxies are poised to move higher into year-end. Stock Strategist Andrew Rocco divulges 3 crypto stocks to buy now.
BNP Paribas' fund arm to exclude new oil and gas bonds
BNP Paribas Asset Management will no longer invest in new bonds issued by companies involved in oil and gas exploration and production, according to a strategy update dated November. The French asset manager said its policy aimed to support oil and gas companies with their transition to sustainable energy sources, while screening out those companies which are not adapting quickly enough, according to the document. The firm will no longer buy new bonds issued by oil and gas companies, including diversified companies, but it will continue to invest in their existing debt and equity, subject to certain rules and exclusions.
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled in recent months. According to the Federal Reserve's preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. Economists closely watch core prices because they typically provide a better read on where inflation is headed.
Is Bitcoin's Post-Election Rally Over?
Pro-crypto optimism was off-the-charts, investors were euphoric about Bitcoin's future growth potential, and a final climb over the $100,000 mark seemed like a no-brainer. While there's certainly a case to be made that Bitcoin might have gone up too far, too fast, I think there's still plenty of upside potential as we head into 2025. You don't need to be an economist to understand Bitcoin.
Former NFL star Rob Gronkowski says Apple stock was his best investment ever, turning $69,000 into $600,000
The NFL legend said he bought Apple stock on a tip from his home builder over a decade ago, and had forgotten about the investment for years.
Wall Street is bullish on sports investing as major leagues' values outpace the S&P 500 by up to 5 times. Here's the strategy and sectors top firms are betting on.
The value of Major League Soccer (MLS) was up by 1,565%, almost five times the index.
Watch These Dell Stock Price Levels After Post-Earnings Plunge
Dell shares fell 11% in extended trading Tuesday after the server and personal computer maker reported quarterly revenue that came in below Wall Street expectations. Monitor these important chart levels.