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)

In a recent report by the FBI, it was revealed that American citizens lost over $2.5 billion to cryptocurrency-related scams in 2022, marking a significant increase compared to previous years. A 45% increase brings the total losses to a staggering $5.6 billion.  As digital assets gain mainstream popularity, so do the number of fraudulent schemes… Continue reading American Citizens Lost Billions to Cryptocurrency Scams

Not a whole lot of Large-cap quarterly reports this week so our weekly contest will be more of a random grab bag rather than our typical focus. Get your Info here then head to MarketDraft to Get your Share!   Medium-cap Small-cap Large-cap Monday 09/09/24 ORCL Oracle Thursday 09/12/24 ADBE Adobe LEN Lennar LEN.B Lennar… Continue reading Upcoming Quarterly Reports 9/9 – 9/13 2024 (Week 37)

We’ve got a small update this month to the available stocks here at MarketDraft. Changes GPS -> GAP  –  Gap Inc Delisted CEI – Camber Energy Inc MORF – Morphic Holding Delisted: Moved to OTCMarket TBLT – Toughbuilt Industries

In a startling development that has sent ripples through the political and financial worlds, former President Donald Trump’s newly launched cryptocurrency platform has fallen victim to a sophisticated hacking operation. The breach allowed cybercriminals to seize control of the platform, using it as a vehicle to promote a scam that has already ensnared thousands of… Continue reading Trump’s Crypto Platform Hacked: Scammers Exploit Security Flaws to Promote Fraud

Quanta Computer, a leading Taiwanese technology manufacturer known for its role in producing laptops, servers, and other electronic devices for major global brands, has announced a strategic investment in Vuzix Corporation (NASDAQ: VUZI). Vuzix, an American company specializing in augmented reality (AR) technology, is renowned for its innovative smart glasses and AR solutions. This partnership… Continue reading Quanta Computer Enters Strategic Investment in Vuzix: Pioneering the Future of Augmented Reality

Donald Trump has recently announced his ambition to make the United States the “crypto capital of the planet.” This plan is part of a broader strategy to position the U.S. as a global leader in the cryptocurrency and decentralized finance (DeFi) sectors. Trump is leveraging this approach to appeal to the growing crypto community and… Continue reading Trump wants to make the US the Crypto capital of the world