Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices. But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Redfin Stock Soars as Rocket Companies Acquires Firm for $1.75B
Redfin shares are surging 75% in premarket trading Monday after mortgage giant Rocket Companies announced it was buying the digital real estate brokerage in an all-stock deal valued at $1.75 billion.
Saylor’s Strategy to Sell Up to $21 Billion in Preferred Stock
(Bloomberg) -- Michael Saylor’s Strategy said it plans to issue up to $21 billion of preferred stock and use the proceeds to buy more Bitcoin and for other general corporate purposes.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But No
OCC shifts gears on crypto
The interpretive letter issued Friday, advising banks on engaging in certain crypto-asset activities, rescinded Biden-era guidance issued in 2021.
What Lies Ahead of Bitcoin ETFs: Pain or Gain?
Cryptocurrency prices have been registering price volatility following an executive order by President Donald Trump to establish a strategic Bitcoin reserve for the US. The crypto space found the actual government move underwhelming.
Robinhood Stock Slips on $29.75M in FINRA Fine, Restitution Payments
Robinhood shares slumped Monday morning as markets got their first chance to react to Friday's announcement that the online trading platform has been fined by the Financial Industry Regulatory Authority.
5 Things to Know Before the Stock Market Opens
News of the day for March 10, 2025
Norway Inflation Surprise Puts March Rate Cut Plan in Doubt
(Bloomberg) -- Norway’s inflation accelerated more than expected last month, calling into question Norges Bank’s long-awaited first interest-rate cut in two weeks.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpUn
'Extreme Fear' Grips the Market for the First Time Since the FTX Collapse
Bitcoin plunges below $81K as market sentiment hits 'extreme fear' amid widespread crypto selloff.
Rocket to Buy Redfin in $1.75 Billion All-Stock Deal
The mortgage giant Rocket Cos. has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.