Finance

What is a direct public offering (DPO)? A direct public offering (DPO) is a type of offering in which a company offers its securities directly to the public to raise capital. An issuing company using a DPO eliminates the middlemen – investment banks, brokers and underwriters – that are typical of initial public offerings (IPOs)…

In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies. On Saturday local reports cited the head of Iran’s Importers Group and Representatives of Foreign Companies (Import Association), Alireza Managhebi, who emphasized that stable regulations…

What is the price per sinking barrel? In finance, “price per sinking barrel” is a measure used to estimate the value of a company that produces oil and gas. This calculation is done by dividing the enterprise value (EV) of the company by the number of barrels it produces in a typical day. Enterprise value…

What is an asymmetric digital subscriber line (ADSL)? Asymmetric Digital Subscriber Line (ADSL) is a technology that brings high transmission speeds for video and voice to homes over ordinary copper telephone wire. It will be more cost-effective in areas where cable TV penetration in the market is low. Understanding an Asymmetric Digital Subscriber Line (ADSL)…

SudoRare, an automated-market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and social media accounts after reportedly making away with 519 Ether (ETH), worth roughly $815,000. A crypto community member, sungjae_han, was first to point out a suspicious transaction that drained substantial funds off SudoRare using LooksRare (LOOKS) and USD…

Hedge funds allow portfolio managers to pool investors’ money. But unlike traditional businesses, hedge fund managers are allowed to use riskier investment strategies that are not allowed for mutual funds, including short selling, increasing leverage, derivatives, distressed assets and high yield bonds. Hedge funds also charge somewhat high management fees, the most common being known…

Shares of Robinhood Markets (HOOD) fell 2% after the company released its results a day earlier than expected and announced it would cut 23% of its workforce. The job cuts mark the second round of layoffs for the brokerage as the company continues to be criticized for a sharp slowdown in client business activity. Robinhood’s…

Twitter-famous crypto trader AIgod has brought a smile to the community after announcing he’s doubled his “Inverse Cramer” portfolio in just a month by “simply” inverse trading against CNBC’s Mad Money host Jim Cramer. In his latest tweet on Monday, the trader, who became famous on Twitter for pre-empting the fall of Terra’s collapse earlier…

Editor’s Note: Below is the Week 4 version of the City Economic Recovery Tracker (CERT), originally released on January 8, 2021. Visit the CERT homepage for the latest data. The economic recovery of the five cities in Investopedia’s City Economic Recovery Tracker (CERT) was mixed during the week of December 26. Houston, Chicago and Columbus…