Archives for June 2014

June 2014 - Page 2 of 22 - Money Morning - Only the News You Can Profit From

How to Tap Big Profits in That "Other" Bioscience Niche

At first glance, it may seem like bioscience investing is so complicated and risky that it's hardly worth your time and money to invest, at least if you don't have someone knowledgeable to guide you. And it's true. Putting your money behind new, experimental drugs, without some guidance, is a crapshoot. But there's an approach […]

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The Uber IPO Is Part of a "Multi-Billion Dollar Revolution"

Rumors of an Uber IPO started flying earlier this month when the company raised $1.2 billion in a funding round that valued the company at approximately $18.2 billion.

That enormous influx of cash makes Uber the most valuable tech startup on the market right now, and by a significant margin.

While the valuation is high, Money Morning’s Defense & Tech Specialist Michael A. Robinson says it’s warranted. Here’s why…

Race to Be First "Official" Bitcoin Exchange in United States Heats Up

Within the next few months, we should see the first U.S. Bitcoin exchange. The main contenders have just been waiting for a final set of rules from New York regulators – and those rules are due next week.

While it's not that hard to buy Bitcoin in the United States, the digital currency has lacked the polish of legitimacy that a U.S-based exchange would give it.

Here are the top contenders - and a look at the huge impact the first U.S. Bitcoin exchange will have…

What's Moving the Gold Price per Ounce to a Fourth Straight Weekly Gain Today

Gold price per ounce was on track for a fourth straight weekly gain today (Friday) – our up-to-date gold price chart reflects that the yellow metal is floating around its highest price since mid-April, achieved earlier this week…

Today, gold for August delivery was up $0.50 at $1,317.50 per ounce on the Comex division of the New York Mercantile Exchange. Spot gold price per ounce was nearly flat, down $0.10 at $1,317.25. The London a.m. gold fix is up at $1,315.25 compared to the previous p.m. fixing of $1,311.75.

Here’s the top market news affecting gold prices right now…

NYSE: BABA, Alibaba Stock Has a Ticker

Chinese e-commerce firm Alibaba Group Inc. (NYSE: BABA) made an amendment to its IPO filing last night (Thursday), announcing that it will be listing on the New York Stock Exchange under the ticker "BABA."

Rumors circulated last month that Alibaba would choose "BABA" as its ticker, because "ba" means "eight" in Chinese, which is considered a lucky number in Chinese culture.

Now that BABA stock has chosen an exchange, here’s the rest of the information you need to know ahead of the Alibaba IPO…