Jeff Bezos became a billionaire and one of the richest men in the world as the founder and long-time CEO of Amazon (AMZN) – Get Amazon.com, Inc. Report. He held that chair until July 2021 when he stepped aside to spend more time focused on his space company, Blue Origin. His replacement, Andy Jassy, may…
In a boxing match, both opponents know that each round may be the last. But they often assume that the first rounds are moments of observation to try to destabilize the adversary; see if the lessons learned from the sparring partner were the right ones. Both opponents also know that if they take a violent…
During the pandemic, Royal Caribbean (RCL) – Get Royal Caribbean Group Report and its chief rivals Carnival Cruise Lines (CCL) – Get Carnival Corporation Report and Norwegian Cruise Line (NCLH) – Get Norwegian Cruise Line Holdings Ltd. Report shut down from March 2020 through July 2021. During that period, however, all three companies kept taking…
It hasn’t been a bed of roses for short-sellers lately. Over the past couple of weeks, “shorties” have been crushed by a fast and furious market rally. As TheStreet’s James “Rev Shark” Deporre often notes, the biggest bounces tend to occur in the worst markets. “That is one of the main things that can make…
Faraday Future Intelligent Electric (FFIE) – Get Faraday Future Intelligent Electric Inc. Report was long seen as the electric vehicle maker that would challenge Tesla’s (TSLA) – Get Tesla Inc Report dominance. The company has even embraced the title of Tesla’s No. 1 competitor. It is clear that the two groups no longer seem to play in…
We’re all tired of hearing about rising gas costs but, unfortunately, the inflation is affecting many aspects of our daily lives. Driving is expensive, food delivery is (more) expensive and those who don’t own a car but take regular Ubers (UBER) – Get Uber Technologies, Inc. Report or Lyfts (LYFT) – Get Lyft, Inc. Class A Report also…
Like any frontier, cryptocurrency has its share of danger. Investors traveling through this territory can fall victim to scam artists if not careful. As news stories continue to cover this crimes, here is a list of the top cryptocurrency heist. Here are some of the top cryptocurrency scams. 1. Ronin: the blockchain underlying Axie Infinity, said…
The death of Wall Street value investing legend Michael Price earlier this month prompted some reflections by one of his biggest fans, Real Money Columnist Paul Price. “He was one of my earliest heroes when I was getting started in value investing,” Paul Price, who is no relation to Michael, wrote recently. It’s heartbreaking to…
Marketing in the metaverse? Real estate in the metaverse? The word is popping up so often that, to many, it can seem like the next iteration of the internet has already arrived. In truth, we are still in the very early days of what is essentially a combination of virtual reality, augmented reality and video…
The true enemy of the stock market isn’t inflation, it’s froth, Jim Cramer warned his Mad Money viewers Monday. That’s because froth only appears at the end of a rally, Cramer explained, and it always involves a lot of pain for shareholders. The markets are already down big from their November highs, and many speculative…
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