Jersey Mike’s Is About to Go Public. Here Are 9 Things to Know About the IPO
Investor demand is said to be more than 10 times the total available shares.
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U.S. Rig Count Edges Higher
The U.S. rig count was little changed this week, with the total number of active rigs rising by 1 to 588. Oil rigs increased by 1, while natural gas and miscellaneous rigs were unchanged. Compared with a year ago, the total rig count is 48 rigs higher, led by a **41-rig increase in oil drilling….
Robinhood Is Now Making More Money From Prediction Markets Than Crypto Trading. Here’s What That Means For Crypto Investors
Having pioneered commission-free trading, Robinhood (HOOD -3.61%) is viewed as one of the most innovative online brokerages available for retail investors. The company proved this yet again in the second quarter, showing just how much its early foray into the prediction markets is paying off. Robinhood saw its transaction revenue from event-based contracts soar to…
The CLARITY Act, GENIUS Act, MiCA, AI & More: Digital Assets Thoughts Of The Week
Regulation was on digital assets’ minds this week. They shared their thoughts on the CLARITY and the GENIUS Act and how they compare with the European Union’s MiCA regulation [Markets in Crypto Assets]. Other topics included AI and investing. Markets and investing “Capital is beginning to concentrate around infrastructure because that’s ultimately what determines how quickly…
Here’s why Jim Cramer is putting Costco stock in the penalty box
Jim Cramer said Thursday that “something’s wrong” at Costco , and he plans to get to the bottom of it one way or another. Costco’s slightly better-than-expected August same-store sales, or comps in retail-speak, reinforced a growing concern of Jim and other investors: The company’s execution needs to be perfect to maintain the stock’s lofty…
