http://www.zacks.com – Kevin Matras explains how to use the PEG Ratio for finding undervalued companies. Highlighted stocks include FCS, IM, NTY, TEL and WHR.
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Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like the zero-knowledge (ZK) rollups to become more than another payment network. Buterin’s comments came during a Twitter space hosted by Bitcoin developer Udi Wertheimer with discussions revolving around Ethereum’s scaling experiments. A ZK-rollup chain is an off-chain protocol that operates on top of
New York state agencies need to do more to protect the state’s water systems from threats like cyberattacks and natural disasters, according to an audit released by state comptroller Thomas DiNapoli. “New York has thousands of water systems supplying drinking water,” DiNapoli said, “but as we’ve seen in other states, this critical infrastructure is increasingly
Bitcoin (BTC) is selling for a nearly $3,000 discount on Binance.US, providing a significantly better rate than global spot prices — but there’s just one catch. On July 9, a swathe of crypto users began noticing a widening price discrepancy between cryptocurrencies listed on the United States crypto exchange and their global spot prices, with
To run a municipality in 2023 means preparing for constant cyberattacks. Cyberattacks have become “an everyday phenomenon” for municipalities, said Omid Rahmani, associate director of public finance at Fitch Ratings. “This problem is not going to get better. In the short term, it’s going to get worse before it gets better.” Moody’s Investors Service found
The US and Germany are under intense pressure from other allies to show greater support for Ukraine’s eventual membership of Nato, just days before the military alliance’s leaders meet in Lithuania. Washington and Berlin have backed a form of words for the summit’s concluding statement that does not fully endorse a “pathway” to Nato membership,
In this article MDB MU CCL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC The S&P 500 and Nasdaq notched a solid performance in the first half of 2023, thanks to an impressive rally in major tech stocks. However, macro pressures have not abated, with minutes from the
The exterior of Sweetgreen’s Naperville location Source: Sweetgreen Check out the companies making headlines before the bell: JetBlue Airways — JetBlue Airways declined 1.3% in premarket trading after the company said it would end its partnership in the northeastern U.S. with American Airlines and focus on Spirit Airlines. Shares of American Airlines declined about 0.9%,
After a long stretch of increases, in May 2023 rent prices dropped for the first time since Covid, according to the June 2023 Rent report by Rent.com. However, the U.S. housing market is still short 6.5 million homes, as reported by CNN. Data from Freddie Mac shows that not enough homes are being built to
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Mortgage rates last week hit their highest level since the end of May, which in turn weighed on mortgage demand. Total mortgage application volume dropped 4.4% last week compared with the previous
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Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago. The report did not alter expectations of a 25 basis
Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF with crypto exchange Coinbase acting
Despite wide expectations for declining revenues, big-ticket tax cuts were on the agenda in state legislatures across the Northeast during the most recent budget negotiation periods. With a slowdown in economic activity expected going into fiscal 2024 after a strong post-COVID rebound, almost every state in the region passed or is still negotiating tax cuts
Bitcoin mining company Marathon Digital has linked the recent slump in its total amount of Bitcoin’s (BTC) mined in June to the weather conditions in Texas and a drop in transaction fees. According to a July 5 statement, Marathon Digital experienced a “21%” decline in June for the total amount of Bitcoin mined compared to the
The Puerto Rico Energy Bureau approved the Puerto Rico Electric Power Authority transfer of $12.8 million to AES-Puerto Rico to help shore up the company, which on June 1 defaulted on municipal bonds. The bureau voted 4-1 on Wednesday to release money in a PREPA escrow account to AES with the condition it is only
Wealthy individuals who benefit from the UK’s non-dom rules paid record sums to the exchequer in the past tax year, in spite of tighter rules governing the regime. HM Revenue & Customs raised £8.5bn from non-domiciled taxpayers in 2021-22, it said on Thursday. Receipts were at their highest level since rule changes were introduced in
In this article Follow your favorite stocksCREATE FREE ACCOUNT Daniel Balakov | E+ | Getty Images Company: Algonquin Power & Utilities (AQN) Business: Algonquin Power is a renewable energy and utility company that provides energy and water solutions and services in North America and internationally. The company operates through two segments – (i) the regulated
In this article BE BABA BIIB LEVI Follow your favorite stocksCREATE FREE ACCOUNT The Levi Strauss & Co. label is seen on jeans in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves before the