Strategy seeks shareholder approval for daily preferred stock dividends
Strategy’s proposal would move STRC and its three other preferred stocks to daily dividend payments, following a similar move by Bitcoin treasury firm Strive.…
Micron investors should get ready for a seesaw ride, analyst says
The timing of an Nvidia product ramp may require a balancing act for Micron investors, as some estimated revenue shifts toward next year instead of this year.…
Apple’s expensive new iPhones could be a double-edged sword for the company
Bernstein analysts suggest Wall Street isn’t properly modeling the extent to which gross margins, a profit metric, could take a hit due to the rising costs of…
Tesla’s stock falls as launch of Semi truck fails to excite investors
Autonomous trucking represents a compelling opportunity for Tesla, but it’s unclear what the company’s initial Semi targets look like. Source:MarketWatch
Crypto Biz: Wall Street and crypto fight for the same turf
Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs. Source:Cointelegraph
Tokenization is moving faster than Washington
Regulatory clarity is not simply a legal or political issue, argues former New York Governor Andrew Cuomo. It is an economic one. Source:CoinDesk
Strategy proposes daily dividends to bring STRC back toward $100
STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks. Source:CoinDesk
My friend is terminally ill. Should she sell her rental home and pay $100,000 in capital gains?
“Her younger son lives in the condo, but wants to move elsewhere with friends.” Source:MarketWatch
The options market is sending a contrarian signal about oil prices
Also: How to use options around earnings to trade Nike’s stock, which has been down in the dumps for years. Source:MarketWatch
Exchanges reporting crypto gains to IRS becomes tax nightmare
The IRS can now see your crypto gains, but has no idea about the costbasis. That’s proving to be a big headache for some cryptocurrency investors.…
These two market gauges may signal a big risk-off event for the market, says BofA
A jump in bondmarket anxiety coupled with a selloff in financial stocks may mean a serious shock to markets, according to Bank of America. Source:MarketWatch
CoinMarketCap buys CoinGlass to expand crypto derivatives data
CoinGlass will retain its brand and team, while its website, app, free tools, API and pricing will remain unchanged following the acquisition.…