Meta Materials Inc (OTCMKTS: MMTLP) has a huge week ahead of it as the short squeeze enters its final days of trading and the huge estimated short position of 80-100 million now needs to be covered. The excitement over MMTLP is palpable with numbers like $60 per share or $80 per share at the height …
The new year is fast approaching and one idea for where to invest is the banking sector, whose margins benefit from high interest rates, at undemanding valuations. This statement may surprise those who think that the US banking industry has about $2.2 trillion in capital. But it reduces that figure in several ways. First, he …
Chinese factory activity beats expectations and contracts for second straight month China’s official manufacturing purchasing managers’ index for November came in at 48, below the 50-point mark that separates growth from contraction. That’s below analysts’ expectations polled by Reuters, who had forecast a reading of 49. October’s PMI was 49.2. PMI readings are sequential and …
Chinese factory activity data falls short of expectations; Asia-Pacific markets mixed Read More »
FTX’s monumental collapse will go down as one of the greatest corporate scandals of all time. But, at least Sam Bankman-Fried, or SBF, is sorry. On Nov. 22, the disgraced founder of FTX wrote a letter to his former employees outlining his role in the company’s bankruptcy. “I never wanted this to happen,” he wrote. …
Crypto Biz: Institutions Short Bitcoin as SBF ‘Deeply Sorry’ for FTX Collapse Read More »
The rapid growth of remote work has brought about a variety of economic changes, with notable impacts on the housing market. Emerging literature suggests remote work has changed both where people live and how much housing they demand. A period of acute housing market scarcity marked by rapid growth in house prices and rents has …
