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Sunday, April 28, 2024

Trading

Billionaire Investor Carl Icahn Accused of Running Ponzi Scheme

In a bombshell report released on Monday, short-seller Hindenburg Research accused billionaire investor Carl Icahn of running a Ponzi scheme. The report alleges that Icahn Enterprises, Icahn's holding company, has been artificially inflating its stock price by using money...

Sequoia and Paradigm invest $1.15 billion in Citadel securities

Paradigm Capital and Sequoia Capital is investing $1.15 billion into Citadel Securities valuing the company at $22 billion. Citadel Securities is a behemoth within the space of electronic trading. They are fundamental to Robinhood’s success as they assist in...

Lumber Depot Bulls Awake

Lumber Depot's stock price has soared since the market opened on Monday, December 6, 2021. This follows from news released last week that listed entity Mayberry Jamaican Equities (MJE) sold off its remaining position in the company to the...

Bitcoin’s recent rise spurs optimism among traders

Bitcoin has been on a bull run recently and analysts are positive that it will continue. It has been up 12.7% from the previous week as of Friday. Other cryptocurrencies such as dogecoin and Ethereum also show a positive...

Girl Talk: Financial Freedom

When we talk about investing, banking, and the overall Financial market - for a lot of women they think it is predominantly a "man's world" and they are in large part correct. Hearing phrases like 'high risk' can sound...

Opensea bans insider trading after employee takes advantage

Opensea finally succumbs to the pressure of banning employees who were profiting off insider information. A high-level executive was accused of profiting off artworks quickly after they were promoted on the website’s front page. In the report, they said that...

Robinhood stock drops over fear of banning payment for order flow

On Monday Robinhood shares fell by 6.9% over news that a ban is on the table for its payment for order flow practice. The main catalyst behind this is the SEC Chairman, Gary Gensler. He doesn’t feel at ease...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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