News - Spark Newswire

2 minute read

Invest In These 2 High Yielding Data Center REITS As The Credit Risk For Tech Companies Increases

Today, 4:18 PM

Although interest rates are rising, it doesn't mean savvy investors cannot earn positive returns on real estate investment trusts (REITs). Historically, when the risk-free rate rose dramatically in six time periods, REITs earned positive returns during four of those periods, and out of half of those periods, they beat the S&P 500.

EQIX

1 minute read

Here’s Why This Analyst Says Bitcoin Is Heading Below $14,000

By Bibhu Pattnaik

Today, 4:02 PM

Crypto analyst Nicholas Merten recently said that technology indices are due for further declines, and he believes the drop will drive Bitcoin (CRYPTO: BTC) to new bear market lows.

BTC

2 minute read

Bill Ackman’s Protégé Holds These 3 High Yielding Stocks For Passive Income And Steady Gains

By Robert Kuczmarski

Today, 2:43 PM

Sachem Head Capital Management, founded and managed by Scott Ferguson in 2012, is a value-oriented investment management firm based in New York City. After graduating from Stanford University in 2003, where he met Bill Ackman, Ferguson became the first analyst and partner of Pershing Square Capital.

HAS

1 minute read

Vitalik Buterin Says ‘Unfriendly’ AI Bigger Threat Than WW3: ‘Could Kill Off Humanity For Good’

By Samyuktha Sriram

Today, 2:11 PM

This article was originally published on June 9, 2022. Ethereum (CRYPTO: ETH) creator Vitalik Buterin believes that unfriendly artificial intelligence (AI) poses the biggest risk to humanity.

ETH

1 minute read

IPOs
News

A Look At Upcoming IPOs For The Week

By Benzinga Insights

Today, 1:12 PM

With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings. According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.

LRE

3 minute read

Will Google’s Pixel Watch End Apple Watch’s Dominance?

By Adrian Zmudzinski

Today, 12:40 PM

Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google recently confirmed the existence of its long-rumored Pixel Watch — its take on Apple Inc.'s (NASDAQ:

AAPL

1 minute read

Magic Mushrooms For Anorexia? Clinical Study Receives FDA Approval For Phase 2 Trial

By Lara Goldstein

Today, 12:16 PM

Origin Therapeutics Holdings Inc. (CSE: ORIG), a psychedelics industry-focused investment issuer, announced that one of its portfolio companies, Xpira Pharmaceuticals, has obtained approval from the FDA for its first Investigational New Drug (IND) application for a Phase 2a psilocybin therapy clinical study for anorexia nervosa.

CSE:ORIG

2 minute read

Elon Musk Sides With Wharton Professor Who Says Fed Being ‘Real Tough Guys Until We Crush The Economy’

By Shanthi Rexaline

Today, 11:06 AM

The U.S. Federal Reserve cast a pall on the financial markets by announcing a third straight 75-basis-point hike in the fed funds rate last week.

TSLA

1 minute read

Ahead Of Elon Musk’s Deposition, Judge Denies His Legal Team’s Waiver Request For Twitter’s Privilege To Documents

By Shanthi Rexaline

Today, 9:25 AM

Delaware Chancery Court Judge Kathaleen McCormick on Friday denied Elon Musk’s request for a blanket waiver of Twitter, Inc.’s (NYSE: TWTR) claim of attorney-client privilege as grounds for withholding documents.

TWTR

2 minute read

More Tears Are Coming For Investors Holding Risk Assets, Chief Investment Officer At Major Asset Manager Says

By Robert Kuczmarski

Today, 9:16 AM

On Wednesday, the Fed raised its target fed funds rate by 0.75% to a new range of between 3% and 3.25%, its third 0.75% rate hike in four months.

FDX