Finance

Alameda Research co-CEO Sam Trabucco announced his resignation Wednesday on Twitter. Trabucco said co-CEO Caroline Ellison will become the sole CEO, and he will remain in the capacity of adviser. Alameda Research is the quantitative trading company set up by FTX crypto exchange founder Sam Bankman-Fried in 2017. In a long thread prefaced with a tweet simply reading “On happiness:,” …

As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range. Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough to break the market structure. …

The relationship between a Financial Advisor and their client is tricky. Looking after a client’s financial future is a heavy responsibility for an advisor. How you approach initial customer contact and the questions you ask can be the difference between a successful long-term relationship or a lost customer. Below are five key questions for creating a trusting financial advisor-client relationship. …

Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors when compared with traditional finance. It’s easier for investors to buy into cryptocurrency than traditional assets. Anybody can download a free Bitcoin (BTC) or multi-crypto …

The Securities and Exchange Commission (SEC) requires public companies, certain company insiders, and broker-dealers to file periodic financial statements and other disclosures. Finance professionals and investors rely on SEC filings to make informed decisions when evaluating whether to invest in a company. SEC filings can be accessed for free at EDGAR, the commission’s online database. The SEC was created through …

Amazon (AMZN) and iRobot (IRBT) has reached a $1.7 billion deal for Amazon to acquire the Roomba vacuum cleaner in an all-cash deal at $61 per share. The deal, announced on August 5, 2022, would help Amazon expand its presence in the consumer robotics market. Shares of robotics maker iRobot jumped more than 19% in early trading on Friday after …

During the 2020 election campaign, President-elect Joe Biden pledged to invest $2 trillion in roads, bridges, clean energyand other initiatives to advance American competitiveness, create jobs and curb climate change. Key points to remember Stocks involved in the construction of roads, bridges and clean energy should benefit from an increaseinfrastructure spending under the Biden administration. Fluor Corporation (RPF) shares formed …

Bank of America, the U.S.’s second largest bank, is an attractive option for homebuyers looking to obtain a mortgage. Bank of America offers mortgages in addition to its checking, savings and credit card products. Bank of America has a variety of mortgage products to suit your needs, whether you are a first time homebuyer looking for an affordable jumbo home loan …

Fairway Independent Mortgage Corporation, plus connue sous le nom de Fairway, est un prêteur hypothécaire national. Pour les emprunteurs qui souhaitent une assistance personnalisée, Fairway pourrait être un bon choix par rapport à d’autres sociétés. Il offre une aide en personne à chaque étape du processus, ou vous pouvez travailler avec un conseiller en prêt immobilier par téléphone. Les agences …

Although there is no shortage of news in late 2020 and early 2021, Brexit, an ongoing saga dating back to a 2016 referendum, looks stunning all the way to the finish line. For better or worse, we will soon be talking about Brexit in terms of history rather than an ongoing concern thanks to a deal reached in the final …