Morgan Stanley Becomes First Major US Bank To Offer Crypto Funds

Morgan Stanley Becomes First Major US Bank To Offer Crypto Funds

Morgan Stanley is about to become the first major US bank to offer its wealth-management client access to cryptocurrency funds. In a major coup for former hedge fund manager Mike Novogratz, a veteran crypto bull who held on during the...
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GE Sells Aircraft-Leasing Unit to AerCap for $31 Billion

GE Sells Aircraft-Leasing Unit to AerCap for $31 Billion

General Electric (NYSE:GE) took the next step in its dramatic transformation under CEO Larry Culp. The industrial titan finalized a deal to sell its GECAS aircraft-leasing business to top rival AerCap (NYSE:AER) as Culp seeks to simplify GE and refocus on...
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GFC Alliance Lost Financing

GFC Alliance Lost Financing

Liberty Steel Group in Dire Straits Again as Mother Company GFC Alliance Lost Financing Sanjeev Gupta stops repayments to troubled lender Greensill Capital amid threat to UK steel jobs. The business empire headed by steel tycoon Sanjeev Gupta has stopped...
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JPMorgan Estimates Up To $316 Billion In Forced Month-End Selling

JPMorgan Estimates Up To $316 Billion In Forced Month-End Selling

In one of latest Flows and Liquidity reports, JPM quant Nick Panigirtzoglou writes that as we approach quarter-end, the equity rebalancing flow question is resurfacing in client conversations. As we notes, “the equity rally and the bond sell-off during t...
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Some folks just realized that 97% of all cryptos is empty shell

Some folks just realized that 97% of all cryptos is empty shell

Yes, famed Bitcoin constructed by mysterious Nakamoto, who not dare to take a few billions of his fortune, is empty shell. Some folks do not understand this truth, some folks realized this just now. It was very clear, that group...
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Cathie Wood Warns Of Stock Market Correction

Cathie Wood Warns Of Stock Market Correction

ARK Invest’s CIO Cathie Wood joined CNBC’s Scott Wapner last week. She warned of the increasing risk of a stock market correction if rates continue to “sharply” rise. Wood went on to say: “Now one of the things that I found inte...
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Bumble – dating web for passive dumb men, had a net loss of $84.1 million

Bumble – dating web for passive dumb men, had a net loss of $84.1 million

Bumble – dating service website for passive and dumb men who prefer aggressive women, is worth over $7 billion, after very successful IPO. As numerous other losing businesses also Bumble hurried for IPO. In 2016, Bumble began to monetize its app...
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The Everything Bubble Has Become More Everything And More Bubble

The Everything Bubble Has Become More Everything And More Bubble

We are less than a month into the Biden administration, and despite a slight down-day for stocks on Tuesday, it is quite clear, according to a slew of commentators, that the Everything Bubble has become more Everything and more Bubble. The...
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F-15EX Flies For First Time

F-15EX Flies For First Time

The F-15EX took off and landed from St. Louis Lambert International Airport in Missouri on Tuesday, completing a 90-minute test flight before returning to the airport. Matt Giese, Boeing F-15EX’s chief test pilot, said the new fighter jet is packed...
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NASDAQ Turns 50

NASDAQ Turns 50

Monday marks the 50th birthday of the Nasdaq stock exchange, the world’s first fully electronic stock market and the second-largest exchange in the world in terms of market capitalization. Since stepping onto the scene in 1971, exchanges around the wo...
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Commodities Are Soaring 25%

Commodities Are Soaring 25%

As BMO’s Doug Porter shows, the year-over-year rise in a basket of commodity prices (and they mostly all show a similar pattern) is now a bit above 25%. This is a problem because in the past 20 years, that’s been consistent with headline inflation....
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False Rumor: KIA Reportedly Prepping Apple Car In U.S.

False Rumor: KIA Reportedly Prepping Apple Car In U.S.

KIA is apparently preparing to build an Apple car in the United States. The legacy automaker has reportedly “approached potential partners about a plan to assemble Apple Inc.’s long-awaited electric car in Georgia,” according to Dow Jones. T...
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Robinhood shelves IPO plans after GameStop PR disaster

Robinhood shelves IPO plans after GameStop PR disaster

Planned Robinhood IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Trading app Robinhood may have put its plans for an initial...
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Global notebook shipments surge to 60 million units in 4Q20

Global notebook shipments surge to 60 million units in 4Q20

Global notebook shipments, excluding detachable models, surged over 10% sequentially to hit a fresh high of 60 million units in fourth-quarter 2020, mainly driven by robust demand for remote work and study amid the worsening pandemic woes, year-end e-commerce ...
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Melvin Capital Lost A Stunning $7 Billion In January

Melvin Capital Lost A Stunning $7 Billion In January

It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen’s Point72 Asset Management injected into the hedge fund last...
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