MicroStrategy Faces Potential Billion-Dollar Tax Liability on Bitcoin Holdings MicroStrategy, a business intelligence company known for its extensive Bitcoin holdings, is facing a significant tax liability due to unrealized gains under the new Corporate Alternative Minimum Tax (CAMT). The company’s decision to invest heavily in Bitcoin has paid off handsomely in recent years, with the…
Playful Investing: The Rollercoaster Ride of Rivian Automotive What Happened This Week Shares of Rivian Automotive (RIVN 2.24%) took a bit of a tumble this week. The company’s stock saw a 10.1% drop at market close, although it had been down as much as 12.2% earlier in the week. This rollercoaster ride left investors holding…
The GBP/USD Jumps Above 1.2400: A Win for the Pound Sterling Riding the Wave: GBP/USD Gains Against US Dollar It’s Friday and the Pound Sterling (GBP) is feeling victorious as it surges above 1.2400 against the US Dollar (USD). This unexpected jump comes as the US Dollar faces the prospect of ending the week with…
Tevogen Bio Holdings Inc. Expands Collaboration with Microsoft Introduction WARREN, N.J., Jan. 24, 2025 (GLOBE NEWSWIRE) — Tevogen Bio Holdings Inc. (“Tevogen Bio” or “Company”) (Nasdaq: TVGN ), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T-cell therapeutics for infectious diseases and cancers, announced today that it has broadened its relationship with Microsoft (Nasdaq:…
The S&P 500: A Rollercoaster Week in Review Market Volatility Continues Last week was a rollercoaster ride for investors as the S&P 500 experienced its fair share of ups and downs. After a strong start to the week, the index saw its 4-day win streak come to an end on Friday as it fell 0.29%….
The XRP Price Prediction: Can It Reach $20? Short-Term Bullish Trend Recently, the XRP price has been making headlines in the cryptocurrency world. A crypto analyst has shared his prediction for the third-largest altcoin, suggesting that it has the potential to jump even higher to hit $20. This optimism is fueled by a series of…
Source Capital Interested in Potential Merger with 180 Degree Capital Corp. Introduction Source Capital (NYSE: SOR), a closed-end fund, has expressed interest in discussing a potential merger with 180 Degree Capital Corp. (NASDAQ: TURN). First Pacific Advisors, LP (FPA), the adviser to Source, manages $27 billion, including $350 million related to its management of Source….
Welcome to the Strange World of Securities Lawsuits By: Your Friendly Neighborhood Blogger Hey there, fellow investors! Have you ever suffered a loss on your investment and wondered if you could potentially recover your money through the federal securities laws? Well, look no further! Today, we delve into the mysterious world of securities lawsuits, specifically…
