acf domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /data00/vhosts/blog.marketdraft.com/httpdocs/wp-includes/functions.php on line 6121In a significant development within the biotech industry, 23andMe, the renowned consumer genetics and research company, has filed for Chapter 11 bankruptcy protection. This move comes amid ongoing financial struggles and privacy concerns that have plagued the company in recent years. Company’s Financial Struggles and Leadership Changes Founded in 2006, 23andMe gained prominence by offering… Continue reading 23andMe Files for Chapter 11 Bankruptcy: Implications for the Company and Its Customers
We’ve got another short list for the Large cap companies this week so again there won’t be any weekly contest. The list is heavy on the small cap again this week so take some time to find your gems in these chaotic times. Get your info and Get your Share and we’ll see you next… Continue reading Upcoming Quarterly Reports 3/24 – 3/28 2025 (Week 13)
Tesla Inc. was abruptly removed from this year’s Vancouver International Auto Show after organizers cited safety concerns amid mounting protests targeting the automaker and its high-profile CEO, Elon Musk. According to event executive director Eric Nicholl, Tesla was given multiple opportunities to withdraw voluntarily, but its continued participation was deemed too risky for the safety… Continue reading Tesla Faces Setback After Removal from Vancouver Auto Show
The stock market has experienced notable fluctuations recently, with experts and economists offering varied perspectives on its future trajectory. Barry Bannister, Stifel’s chief strategist and previously one of Wall Street’s most bearish analysts, suggests that the S&P 500 may have bottomed out for now. He anticipates a “W”-shaped pattern for the index this year, projecting… Continue reading More Uncertainty as the Market Slides off into the Future.
Sorry for the lapse in coverage but we are back to our regular posting of Quarterly Reports. Get your weekly reports here every Friday so you will be prepared for any potential changes in your holdings. Due to the low amount of Large cap reports this week, we will not be holding our weekly contest.… Continue reading Upcoming Quarterly Reports 3/17 – 3/21 2025 (Week 12)
In a move that has garnered significant attention, the Trump administration announced a temporary suspension of the newly imposed 25% tariffs on most imports from Mexico, effective until April 2. This decision comes amid growing concerns over the potential repercussions of an expansive trade war and follows constructive discussions between President Donald Trump and Mexican… Continue reading Trump Tariffs Paused for 1 Month on Imports from Mexico
In a dramatic move that has caught the attention of investors worldwide, asset management giant BlackRock has reportedly liquidated approximately $441 million in Bitcoin holdings along with over $71 million in Ethereum assets. This decision comes as part of a broader market sell-off that has rattled the crypto space over recent weeks. A Tactical Rebalance… Continue reading Crypto Shake-Up: BlackRock Exits $512M Position Amid Market Volatility
Bumble Inc. has experienced a significant 26% drop in its stock value following the release of its latest quarterly report, which revealed a loss of approximately 57,000 paying users and a weaker-than-anticipated first-quarter forecast. This downturn reflects broader challenges within the online dating industry, as platforms grapple with user fatigue and shifting preferences. Several factors… Continue reading Bumble Tumbles 26% After Poor Quarterly Report
Intel’s stock experienced a significant surge today, rising by approximately 11%, primarily due to reports of potential acquisitions involving Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC). These reports suggest that Broadcom is interested in acquiring Intel’s chip-design and marketing divisions, while TSMC is considering a bid for Intel’s chip-manufacturing operations. This speculation has led investors… Continue reading Intel Stock Surges Amidst Potential Acquisitions
Robinhood’s recent surge past its IPO price is primarily attributed to its exceptional fourth-quarter performance in 2024, driven by a significant increase in trading activity, especially in cryptocurrencies. The company reported earnings per share of $1.01, doubling analyst expectations, and revenue exceeding $1 billion for the first time. Transaction-based revenues rose by 236% year-over-year to… Continue reading Robinhood Surges Past IPO Price: Crypto Boom and Retail Trading Revival Fuel Growth