Your article was successfully shared with the contacts you provided. Buying low-priced stocks can make sense in theory but in practice can prove hazardous, Susan Dziubinski, a Morningstar investment specialist, wrote in a blog post this week. On one hand, it is easier for an investor to spend relatively little...

10 Best Stocks to Buy for Less Than $10 a Share: Morningstar

Bill Ackman manages Pershing Square Capital Management, the hedge fund he founded, with roughly $10 billion in assets under management. Ackman is known for his long-term mindset, so it raised eyebrows when he cut two of his largest positions by more than 20%. Pershing Square has generated double the returns...

Billionaire Investor Bill Ackman Has 100% of His $10 Billion Portfolio in Just 9 Stocks, But There Were Seismic Changes During the Quarter

Reuters

NEW YORK (Reuters) - A handful of institutional investors bought large positions in former President Donald Trump’s media company in the second quarter ahead of the company's inclusion in two Russell indexes, regulatory filings released on Wednesday showed.

BlackRock, Vanguard big purchasers of Trump Media shares in Q2, filings show

A four-year legal battle with regulators ended with Ripple agreeing to pay $125 million in civil penalties. The return to business as usual for Ripple might be enough to send the price of XRP over $1. Other catalysts, such as the launch of a new spot ETF, are unlikely and...

Should You Buy XRP While It's Under $1?

The Associated Press

SAN FRANCISCO--(BUSINESS WIRE)--Aug 16, 2024-- Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240816435117/en/ Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

The Motley Fool

Three of Wall Street's top-performing stock-split stocks may soon come crashing back to reality.

3 Stock-Split Stocks That Can Plunge Up to 98%, According to Select Wall Street Pundits

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

There are many reasons to celebrate the BlackRock Flexible Income ETF (BINC). The actively managed multisector ETF launched less than 15 months ago. It is already approaching $4 billion in assets. It’s also now among the larger active fixed income ETFs joining products from Fidelity, JPMorgan, and PIMCO. BINC...

Golden Age for Fixed Income at BlackRock

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Fintel reports that on August 16, 2024, Janney Montgomery Scott initiated coverage of Two Harbors Investment - Preferred Stock (NYSE:TWO.PRB) with a Buy recommendation. There are 17 funds or institutions reporting positions in Two Harbors Investment - Preferred Stock. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to TWO.PRB is 0.75%, an increase of 3.51%. Total shares owned by institutions increased in the last three months by 3.71% to 3,460K shares.

Janney Montgomery Scott Initiates Coverage of Two Harbors Investment - Preferred Stock (TWO.PRB) with Buy Recommendation

24/7 Wall St.

Now that we are nearing the end of 2024, investors may be certainly looking to revamp their portfolios. The summer months can be daunting for investors, with less volatility and the potential for some pretty big moves ahead of the Fall trading season. Accordingly, now may be a good time to take a look at […]
The post The 3 Best Stocks to Buy in August appeared first on 24/7 Wall St..

The 3 Best Stocks to Buy in August

Former Senate senior staffer believes that the SEC will win on appeal. The case between the US Securities and Exchange Commission and Ripple Labs moved forward after Judge Analisa Torres ruled that the company should be fined $125M in a decision that partly honored and partly discharged the SEC’s claims.

90% Chance for Ripple (XRP) to Lose Against the SEC on Appeal? Fmr. Senate Staffer Comments

Decentralized finance protocols appear to be showing signs of recovery, with lending and borrowing platform Aave hitting a new record in weekly active borrowers. In a post on X on Aug. 14, Aave founder Stani Kulechov reported that the lending and borrowing protocol has reached around 40,000 active weekly borrowers, eclipsing the previous high in late 2022.

DeFi rises again as Aave hits new ATH in weekly borrowers

Bitcoin miner Marathon Digital has purchased another $249 million worth of Bitcoin after raising $300 million from a senior note offering. On Aug. 14, the miner said it used part of the note sale proceeds to buy around 4,144 Bitcoin (BTC) at an average price of roughly $59,500, which brought its “strategic Bitcoin reserve to over 25,000 BTC,” it added on X.

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC

Fintel reports that on August 15, 2024, Wells Fargo downgraded their outlook for Snowflake (LSE:0A93) from Overweight to Equal-Weight. There are 1,671 funds or institutions reporting positions in Snowflake. This is an decrease of 47 owner(s) or 2.74% in the last quarter. Average portfolio weight of all funds dedicated to 0A93 is 0.43%, an increase of 14.51%. Total shares owned by institutions increased in the last three months by 2.31% to 231,330K shares.

Wells Fargo Downgrades Snowflake (LSE:0A93)

Viral intensity has increased as the Poodlana presale smashes past the $7.5m mark, with less than 24 hours before its presale finishes at 11AM UTC tomorrow. The baton then passes to Raydium, where the token will be listed 60 minutes after the presale closes, at 12 PM UTC. This will be listed at $0.06, 15% higher than the price the token is currently on sale for.

Under 24 hours until Poodlana’s $7.5M presale finishes

The bankruptcy of Flowbank could have repercussions for the Anchored Coins Euro (AEUR) stablecoin after the digital asset firm said it had “allocated a part of its reserve as collateral” to the Swiss bank. In a notice published on its website, Anchored Coins said while the bank guarantee...

Anchored Coins warns of potential issues for AEUR amid FlowBank collapse

Goldman Sachs made its debut in the spot bitcoin ETF market in the second quarter, purchasing $418 million worth of bitcoin funds. Wednesday's 13F quarterly filing deadline offers the latest read on the equity positions taken by large investors. Ether ETFs just hit the market last month, so those inflows...

Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners

Fidelity actively participates with 176,626 BTC held, emphasizing strong institutional engagement in the cryptocurrency market. Predictions suggest Bitcoin ETFs might hold more than Nakamoto as early as October 2024 due to rapid acquisition rates. U.S.-based Bitcoin ETFs are approaching a pivotal moment where they might soon hold more Bitcoin than...

BlackRock and Fidelity Are Hoarding Bitcoin: Could They Control the Future of Crypto?

New York City, NY

New York Stock Exchange’s (NYSE) Arca electronic exchange withdrew a rule change it proposed in January that would have allowed options trading on commodity-based trusts, including cryptocurrency exchange-traded funds (ETFs), according to an Aug. 13 filing. The purpose of the proposed change was to “permit the listing and trading...

NYSE Arca withdraws request to list options on commodity trusts, crypto ETFs

NewsBreak

NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes

New York Stock Exchange (NYSE) American and Nasdaq International Securities Exchange (ISE) withdrew three more requests for rule changes related to listing options on Bitcoin (BTC)...

NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes

Comments / 0