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investors

Penn Reverts Barstool Ownership to Dave Portnoy Due to ‘Non-Compete’ Agreements

by Ev Richard
Penn Reverts Barstool Ownership to Dave Portnoy Due to ‘Non-Compete’ Agreements

David Portnoy, founder of Barstool Sports, is interviewed at the Trackside Live Stage in the LVMS Neon Garage before the South Point 400 Monster Energy NASCAR Cup Series playoff race …

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Categories Technology

Prosecutors claim FTX’s Bankman-Fried remains under investigation for campaign finance offenses

by Ev Richard
Prosecutors claim FTX’s Bankman-Fried remains under investigation for campaign finance offenses

Indicted FTX founder Sam Bankman-Fried arrives at the U.S. Courthouse in New York City, July 26, 2023. Amr Alfiky | Reuters Campaign finance charges against Sam Bankman-Fried are still on …

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Categories Technology

EM Stocks: Emerging Market Stocks Experience a Revival as Confidence in Growth Returns

by Craig Fedirighi
EM Stocks: Emerging Market Stocks Experience a Revival as Confidence in Growth Returns

Investors in emerging markets are shifting their focus from bonds to stocks in anticipation of the post-monetary tightening era. There are early indications of this shift, as equity benchmarks have …

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Categories Business

Relying Solely on Price-to-Earning Ratio Isn’t Enough for Banking Decisions

by Craig Fedirighi
Relying Solely on Price-to-Earning Ratio Isn’t Enough for Banking Decisions

Mumbai: Valuations have become a hot topic on Dalal Street recently, with discussions revolving around the P/E ratio (price to earning ratio) and the concern that valuations may be “a …

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Categories Business

Social media startup IRL faces legal action as SoftBank files lawsuit over alleged falsification of user numbers

by Ev Richard
Social media startup IRL faces legal action as SoftBank files lawsuit over alleged falsification of user numbers

SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation. Tomohiro Ohsumi | Getty Images SoftBank’s Vision Fund filed suit against the founders of one of its …

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Categories Technology

Nomura Enlists Virtual Influencer to Attract Japan’s Millennial Investors

by Craig Fedirighi
Nomura Enlists Virtual Influencer to Attract Japan’s Millennial Investors

Japan’s largest brokerage firm, Nomura Holdings, has enlisted the help of a computer-generated influencer to promote tax-free investing accounts in an effort to appeal to a younger demographic of retail …

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Categories Business

Shares That Beat the Street: Sharekhan’s Strategist Reveals Winning Stocks and Strategies

by Craig Fedirighi
Shares That Beat the Street: Sharekhan’s Strategist Reveals Winning Stocks and Strategies

NEW DELHI: Out of 8 stock baskets offered by Sharekhan’s InvesTiger app, 7 have managed to beat their respective indices by 4-12% since inception after factoring the transaction cost. “Apart …

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Categories Business

TVS Motor: A Remarkable Journey! This Lesser-Known Gem Multiplied Rs 10,000 to Almost Rs 7 lakh in a Decade

by Craig Fedirighi
TVS Motor: A Remarkable Journey! This Lesser-Known Gem Multiplied Rs 10,000 to Almost Rs 7 lakh in a Decade

Shares of Bharat Rasayan have delivered bumper returns to investors over the last decade, rising as much as 6,600%. If an investor had invested Rs 10,000 in the stock 10 …

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Categories Business

US stock market: Dow takes lead on Wall Street as investors shift focus beyond technology

by Craig Fedirighi
US stock market: Dow takes lead on Wall Street as investors shift focus beyond technology

The Dow Jones Industrial Average led Wall Street higher on Monday and notched its longest winning streak in six years as investors bet on sectors beyond technology in a week …

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Categories Business

Is it too risky? The retail industry’s growing reliance on zero day options

by Adrian Jhonsan
Is it too risky? The retail industry’s growing reliance on zero day options

It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is essentially a one-day bet on the direction of the markets. …

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Categories World
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