Mark Zuckerberg just announced that he's going to look into how to use cryptocurrencies on Facebook.
That's going to be huge for cryptocurrency investors.
Mark Zuckerberg just announced that he's going to look into how to use cryptocurrencies on Facebook.
That's going to be huge for cryptocurrency investors.
Investors looking for the best small-cap stock to buy are often looking for the profit potential of penny stocks without the risk associated with over-the-counter exchanges.
Investing in penny stocks can be exciting and massively profitable. But penny stocks can be too volatile and risky for some investors.
Fortunately, Money Morning Small-Cap Specialist Sid Riggs looks for companies which show potential for dependable long-term growth.
Here's his top pick for 2018...
by A.J. Bursick
Oil rose yesterday to its highest since May 2015 – thanks to the unrest in Iran.
Iran's increasing volatility both at home and abroad will continue to affect oil prices.
Here's what to look out for...
Investors are optimistic the Dow Jones today will continue its upward momentum after topping 25,000 points for the first time on Thursday.
Dow futures are up 89 points this morning as a result. Despite 45,000 fewer than expected new job additions in December the U.S. economy is looking strong following Trump's tax overhaul.
by Tim Melvin
Earlier this week, the financial press was over the moon about a Citigroup equity research department report. The completely unironic title: "Addressing the Problem of Too Much Cash."
In the report, analysts Jim Suva and Asiya Merchant discuss the possibility that post-tax-reform Apple Inc. brings home its $220 billion cash stockpile that is currently overseas and uses it for a takeover of other media or technology companies.
The two intrepid research analysts tell us, "the firm has too much cash – nearly $250 billion – growing at $50 billion a year. This is a good problem to have. Historically, Apple has avoided repatriating cash to the U.S. to avoid high taxation. As such, tax reform may allow Apple to put this cash to use. With over 90% of its cash sitting overseas, a one-time 10% repatriation tax would give Apple $220 billion for M&A or buybacks."
Oh, boy! Well, that is kind of the obvious answer, but this sounds like great news for shareholders. Right?
Litecoin prices dropped 5% today despite news that transaction volumes are increasing.
The price of Litecoin has had a rocky few weeks after founder Charlie Lee decided to sell all of his coins.
Here's everything that happened in the crypto market today...
Why did Charlie Lee sell all of his litecoins?
The founder of Litecoin said he wanted to avoid a conflict of interest.
If you've ever turned on the business news before the market opens, around 9:30 a.m., you'll hear all about "after-hours trading" or how stocks will open higher thanks to after-hours trading.
Since the stock exchanges are officially closed after 4:00 p.m., investors have been asking "Can I buy stocks after the market closes?"
by Casey Wilson
Today's decision is just a last-ditch effort from Jeff Sessions to regain some authority with his supporters.
Thanks to a new DOJ marijuana announcement, pot stock prices are plummeting.
Some have dropped more than 20% in just a few hours.
But instead of panicking, this is what investors need to do today...