$SoFi Technologies Inc.(SOFI)$ now offering access to additional FDIC insurance.With the new SoFi FDIC Insurance Network, SoFi has partnered with multiple banks to offer SoFi Checking and Savings members up to $2 million of FDIC insurance on their deposits, the digital personal finance company said in a Wednesday (March 22)press release.“By offering access to up to $2 million in FDIC insurance, we are making sure our members have peace of mind about their money at SoFi,” SoFi CEOAnthony Notosaid in the release. “We know the last few weeks have been unnerving for many consumers, and we hope this helps.”The SoFi FDIC Insurance Network provides SoFi members with the benefits of multiple accounts — by offering the enhanced insurance beyond the industr
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$CRITICAL METALS CORPORATION(CRML)$ $500B market cap for CRML? Absolutely solid thesis. The key shift this year: projects moved from "testing" to "on-ground execution". With a robust cash position, they're fully armed. I'm staying bullish and waiting for the value to unfold!
SoFi Partners With Banks to Offer $2 Million FDIC Insurance
SoFi Partners With Banks to Offer $2 Million FDIC Insurance
Tencent, Bilibili close smaller apps amid tougher conditions
$TENCENT(00700)$ The decision came just a day after Bilibili, the gaming and video-streaming platform, decided to close its short video app Light Video Vue Vlog, which was fully acquired by Tencent two years ago, said it will cease operations on September 30 China’s short video war: WeChat invests in Channels to take on Douyin and Kuaishou in battle for eyeballs and advertising spend credit: Henry WongVue VlogVue Vlog, a short video app owned by Tencent Holdings, said it will cease operations in September, bowing out of a competitive market in China dominated by bigger players such as Tencent’s in-house short video service, ByteDance’s Douyin and Kuaishou Technology.The decision came just a day after Bilibili, the gaming and video-streaming platform
Tencent, Bilibili close smaller apps amid tougher conditions
$Vinco Ventures, Inc.(BBIG)$ Vinco Ventures Inc (BBIG) stock is lower by -35.93% over the last 12 months.InvestorsObserver’sproprietary ranking system, gives BBIG stock a score of 0 out of a possible 100.What's Happening with BBIG Stock TodayVinco Ventures Inc (BBIG) stock is down -7.75% while the S&P 500 is lower by -2.03% as of 1:29 PM on Monday, Aug 22. BBIG is lower by -$0.09 from the previous closing price of $1.16 on volume of 13,661,429 shares. Over the past year the S&P 500 is down -7.52% while BBIG is lower by -35.93%. BBIG lost -$15.17 per share in the over the last 12 months.
Are Alphabet and Tesla No-Brainer Stock-Split Stocks to Buy Right Now?
$Alphabet(GOOG)$ Among mega-cap stocks with market caps of $200 billion or more, only one has a higher share price thanAlphabet(NASDAQ: GOOG)(NASDAQ: GOOGL)andTesla(NASDAQ: TSLA). And investors have a much less expensive alternative to that stock --Berkshire Hathaway's Class A shares -- by purchasing the company's class B shares.But Alphabet and Tesla won't be so highly priced for much longer. Alphabet plans to conduct a 20-for-1 stock split on July 15, 2022. Tesla wants its shareholders toapprove a 3-for-1 stock splitat its annual meeting in August. Are Alphabet and Tesla no-brainer stock-split stocks to buy right now?Running with the bullsTo be sure, stock splits don't offer magic formulas for companies to turbocharge their stock performance. As a
Are Alphabet and Tesla No-Brainer Stock-Split Stocks to Buy Right Now?
What is PayPal and how does it work
$PayPal(PYPL)$Since Q1 2022, PayPal has been quite frequent in financial news due to issues relating to its stock value and the recent unpromising PayPal stock forecasts. These events make it quite essential to briefly examine the platform and what it does.The name "PayPal" is almost a literal summary of the company's nature and function. In practice, it is indeed a "pal" that assists with payments - digital payments, to be exact. PayPal was founded in 1998, and presently, it exists in practically every country that supports online payment. At the time of its establishment, the company's name was Confinity. After a series of mergers and structural changes, the company's name was changed to PayPal in 2001, and it eventually went public the following y
What is PayPal and how does it work
Wealth Enhancement Advisory Services LLC Buys 2,406 Shares of NVIDIA Co.
$NVIDIA Corp(NVDA)$Wealth Enhancement Advisory Services LLC lifted its stake in shares of NVIDIA Co. (NASDAQ:NVDA–Get Rating) by 5.3% in the 1st quarter,HoldingsChannel.comreports. The fund owned 48,117 shares of the computer hardware maker’s stock after acquiring an additional 2,406 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in NVIDIA were worth $13,159,000 as of its most recent SEC filing.Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of NVIDIA during the 4th quarter worth about $6,279,217,000. BlackRock Inc. lifted its position in shares of NVIDIA by 2.1% during the 4th quarter. BlackRock Inc. now owns 177,
Wealth Enhancement Advisory Services LLC Buys 2,406 Shares of NVIDIA Co.
Short numbers just released. Lucid's short position grew from 130.0 milll to 132.9 mill shs. The high short position was 167.3 mill shares on 12/30/22. We're not at the high but at least we're higher than previous reporting date. Hopefully, the insiders will cut back on selling shares, Lucid comes out with good news and we can have a short squeeze$Lucid Group Inc(LCID)$
SVB issue like many other regional banks lending to technology sector are bad risk management and risky lending. The key word is "Silicon Valley" which is basically startups and ventures. Being left out of regulation for large banks such banks focused on lending to tech sector unicorns are under supervised risk institutions. Tech startups loans are high risk assets. The leverage and capital ratios should be the highest for such institutions even compared to large banks that run diversified lending programs. The ultimate problem for SVB was too much long duration and therefore risky loans to speculative technology against steady shorter term government securities and housing assets. With banking culture of excessive risk taking in uncertain and speculative assets with higher potential retur
$Faraday Future Intelligent Electric Inc.(FFIE)$ Faraday Future Intelligent Electric Inc (FFIE) stock is trading at $5.62, a drop of $1.08, or 15.94%, on average volume. Faraday Future Intelligent Elect gets a Sentiment Score of Neutral fromInvestorsObserverand receives an average analyst recommendation of Strong Buy with a price target of $10.00.
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