Robinhood’s stock has surged by an impressive 107% since the start of 2024, driven by key factors such as a return to profitability and growing assets under custody (AUC), which jumped 65% to $130 billion. The platform’s expanding user base, now at nearly 24 million funded accounts, and a strong rise in retirement accounts are… Continue reading Robinhood Soaring +107% From Beginning of 2024

Vietnamese authorities have recently dismantled a significant cross-border cryptocurrency fraud ring. This operation, led by the police in Nghe An province, resulted in the arrest of five individuals involved in various crypto-related scams. The fraudsters, linked to an offshore network based in Laos, engaged in a variety of schemes, including “pig butchering” and fake crypto… Continue reading Vietnamese Crypto Fraud Ring Taken Down.

You may notice our list looks a bit different this time around.  There is an issue with the new source we’ve been using so we’ve had to revert back to an older source.  The list below is comprised of all the Large-cap companies for next week.  It’s a small list but we got some big… Continue reading Upcoming Quarterly Reports 10/7 – 10/11 2024 (Week 41)

China’s stock market has seen a significant uptrend recently, primarily driven by government efforts to stabilize the housing sector. Cities like Beijing and Shanghai have eased property restrictions, signaling a pivot in the government’s approach to the beleaguered real estate market, which has been struggling for years due to regulatory pressures aimed at curbing debt… Continue reading China’s Stock Market Surge: Real Estate and Policy Support Fuel Recovery

China has long played a significant role in the global cryptocurrency market. Despite a series of regulatory crackdowns, China’s influence has persisted, particularly through its mining operations, large investor base, and control over key technology supply chains. Now, speculation is rising that China could be preparing to quietly impact Bitcoin and the broader cryptocurrency market… Continue reading Could China Quietly Blow Up the Bitcoin Price and Crypto Market?

Another small showing this week with Small-caps dominating the majority. Large-cap 09/24/24 AZO AutoZone 09/25/24 MU Micron Technology CTAS Cintas JEF Jefferies Financial Group 09/26/24 COST Costco Wholesale ACN Accenture JBL Jabil KMX CarMax Medium-cap 09/23/24 AIR AAR 09/24/24 AZO AutoZone KBH KB Home THO Thor Industries PRGS Progress Software WOR Worthington Enterprises, Inc. 09/25/24… Continue reading Upcoming Quarterly Reports 9/23 – 9/27 2024 (Week 39)

The Federal interest rate, often referred to as the Federal Funds Rate, is one of the most crucial levers of economic policy in the United States. Set by the Federal Reserve (commonly known as “the Fed”), this rate is a benchmark that influences the cost of borrowing, consumer behavior, and ultimately the health of the… Continue reading Understanding the Federal Interest Rate: Its Role, Importance, and Impact on the Economy

TrueX is a new cryptocurrency exchange, launched by former Coinbase and Goldman Sachs executives, Vishal Gupta and Patrick McCreary. It is a stablecoin-native platform, meaning that it exclusively uses stablecoins for transactions and settlements, aiming to offer a more secure, efficient, and transparent trading environment. The founders, Gupta and McCreary, bring substantial experience from their… Continue reading Coinbase and Goldman Sachs Create a New Crypto Exchange, TrueX

Tupperware, a household name for decades, is reportedly preparing to file for bankruptcy, marking a significant downturn for a company once synonymous with food storage innovation. On Monday, Tupperware shares plummeted by 59%, sending shockwaves through the stock market and extending into heavy-volume after-hours trading. This article delves into the history of the Tupperware brand,… Continue reading Tupperware: A Legacy Brand on the Brink of Bankruptcy

We got an interesting week in store for us with just a handful of Large-cap companies and the rest are Small-cap.  That’s right, Medium-cap is nowhere to be seen this week. Get your Info and Get your Share at MarketDraft. Large-cap 09/17/24 FERG Ferguson plc 09/18/24 GIS General Mills 09/19/24 FDX FedEx LEN Lennar LEN.B… Continue reading Upcoming Quarterly Reports 9/16 – 9/20 2024 (Week 38)