Text size (Photo by Drew Angerer / Getty Images) Getty Images Investors bet that Joe Biden will win the presidential election buying shares for clean energy, sending some companies’ share prices soaring. The WilderHill Clean Energy Index, a compilation of green power companies listed on U.S. exchanges, rose to a …
Read More »Invest in tech indexes, but hedge your bets with fine wind and stamps, says this strategist
“Fine wine and stamps, as well as art and other collectibles, because investors have the correlation for tech business stocks and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, CEO of Aquaa Partners. REUTERS / Regis Duvignau / Triemfoto regis duvignau / Reuters …
Read More »Get ready to see how much you have actually saved for retirement
Americans with 401 (k) plans may think they have saved a lot for retirement, but a new government rule will show them exactly how much money they will see in their old age. The Department of Labor has published its interim final rule whereby managers have plans for defined contributions, …
Read More »Robinhood is now valued at $ 11.2 billion after last round of financing
Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
Read More »Companies are considering stock splits, according to Tesla and Apple announcements, says expert
After Tesla and Apple announced plans to share their shares within weeks of each other, there has been a growing buzz that more companies with triple and square digits stock prices will follow in their footsteps. “Everyone is talking about it,” Howard Silverblatt, senior index analyst at S&P Dow Jones …
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