Peter Thiel calls Warren Buffett, Jamie Dimon, and Larry Fink a ‘finance gerontocracy’ and ‘enemies of bitcoin’

Peter Thiel calls Warren Buffett, Jamie Dimon, and Larry Fink a ‘finance gerontocracy’ and ‘enemies of bitcoin’

Billionaire entrepreneur Peter Thiel on Thursday called billionaire investor Warren Buffett a top “enemy” of bitcoin and part of a “finance gerontocracy” that has held back the cryptocurrency’s adoption. Bitcoin BTCUSD, -0.08% could have a market capitalization that matches the $12 trillion gold market and even the $115 trillion public equity market, Thiel said at … Read more

Despite Overhangs, the Risk-Reward Looks Appealing, Says Analyst

Despite Overhangs, the Risk-Reward Looks Appealing, Says Analyst

It’s been a miserable week for investors in clinical-stage biotechnology company Cassava Sciences (SAVA). The stock tumbled over 20% following a fireside chat, where CEO Remi Barbier outlined the progress being made in bringing simufilam, Cassava’s controversial Alzheimer’s drug candidate, to fruition. Investors have had a love/hate affair with simufilam, sending shares stratospheric last year … Read more

UPS Stock Is Down For a Seventh Straight Day. Here’s Why.

UPS Stock Is Down For a Seventh Straight Day. Here's Why.

Text size UPS stock is on a seven-day losing streak. Alex Wong/Getty Images   United Parcel Service stock is on an ignominious streak, falling for seven consecutive days. There hasn’t been much company-specific news to blame the slide on, making the recent declines something of a mystery. Consider: UPS (ticker: UPS) stock is down 0.7% … Read more

Best Gold Mining Stocks To Buy Now

Best Gold Mining Stocks To Buy Now

Key Insights Gold consolidates in a tight range and has a solid potential for a strong upside move.  Gold mining stocks have already developed strong upside momentum.  Traders will likely focus on bigger, diversified gold miners.  While gold  continues consolidation in the $1915 – $1935 range and has good chances to develop additional upside momentum, it’s … Read more

Amazon Follows Apple and Tesla With a Big Move

Amazon Follows Apple and Tesla With a Big Move

Dips in stock prices often appear to be good entry points for investors who are considering buying a stock. But when the stock’s price is well into four figures, it can be hard for smaller investors to pull the trigger. A few weeks ago, Real Money Columnist Stephen “Sarge” Guilfoyle took a look at Amazon … Read more

SoFi Stock Drops. Buy the Dip? The Chart Gives a Hint.

SoFi Stock Drops. Buy the Dip? The Chart Gives a Hint.

The market is struggling on Thursday. Unfortunately for SoFi Technologies  (SOFI) – Get SoFi Technologies Inc Report bulls, the stock is not sticking out because of its outperformance, like Costco Wholesale  (COST) – Get Costco Wholesale Corporation Report. Instead, the stock is easing, off about 7% on the day. It had been down as much as … Read more

Costco Roars to All-Time Highs, Making it One of The Best Stocks Now

Costco Roars to All-Time Highs, Making it One of The Best Stocks Now

Excluding portfolio management and diversification, if investors were long just Costco Wholesale  (COST) – Get Costco Wholesale Corporation Report and didn’t read the news, they wouldn’t know the market is in a correction. The stock has been in an impressive uptrend, something both traders and investors love to see. “Stick with the trend until it bends,” … Read more