This crypto fund has outperformed bitcoin for the last five years. Here’s how

A visual representation of Bitcoin. Edward Smith | Getty Images In a space filled with venture investors and traders, a blockchain fund run by value managers thinks it can give investors greater returns than bitcoin itself. Bitcoin has been called the best performing asset of the decade by some. Off the Chain Capital, a fund…

The SEC wants to regulate an obscure product known as a swap execution facility. Here’s why

SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Securities and Exchange Commission has voted unanimously to propose a rule for the registration and regulation of security-based swap execution facilities. A swap execution facility, or SEF, is an electronic…

Twitter shares soar more than 29% after Elon Musk takes 9% stake in social media company

In this article TSLA TWTR Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long…

Top Wall Street analysts remain bullish on these stocks for the long term

In this article 9866-HK TWLO FB MU AMZN Chinese electric vehicle start-up Nio Inc’s first employee Tianshu LI, and company’s leadership team celebrate at the New York Stock Exchange (NYSE) Opening Bell to commemorate the company’s initial public offering (IPO) at the NYSE in New York, September 12, 2018.  Brendan McDermid | Reuters Stocks ended…

Mill Road calls for a sale of Big Lots. Here’s what we might learn from the firm’s earlier deals

A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Company: Big Lots (BIG) Business: Big Lots operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture, seasonal, soft home, consumables and food. As of March 15, 2021,…

GameStop shares soar more than 10% as company plans stock split

In this article GME GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an increase in the number of Class A common stock from 300,000,000 to 1,000,000,000 to partly conduct…

Investor Kyle Bass: Globalization isn’t over, just don’t invest in countries run by despots

Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder…

Carl Icahn is expanding his animal-welfare campaign to Kroger, after first targeting McDonald’s

In this article KR MCD Carl Icahn Adam Jeffery | CNBC Carl Icahn is expanding his animal-welfare campaign to the nation’s largest supermarket chain, Kroger, after the famed activist investor initially targeted McDonald’s. Icahn has submitted a plan to nominate two candidates to Kroger’s board, the Cincinnati-based company said in a release Tuesday. Kroger said…

Cathie Wood has been a magnet for criticism. She blames her contrarian views, not her gender

In this article ARKK Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images It’s hard to talk about the topic of women in investing without mentioning Cathie Wood. The founder, CEO…

Top Wall Street analysts see long-term upside in these stocks even amid investor uncertainty

In this article NVDA ADBE NKE NET RIOT A silhouette of a woman wearing a protective face shield and a protective face mask is seen near to a Nike logo at a shopping mall. Ajeng Dinar Ulfiana | Reuters Investors made it through another volatile week, as the three major indexes notched gains for the…

Here’s how Impactive Capital could apply ESG ideas at student lender SLM

SeventyFour | iStock | Getty Images Company: SLM Corp. (SLM) Business: SLM originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts. In addition, it…

BlackRock’s Fink says Russia-Ukraine war could accelerate use of cryptocurrencies

In this article BLK Larry Fink David Orrell | CNBC Russia’s invasion of Ukraine could accelerate the adoption of digital currencies by central banks, according to BlackRock’s Larry Fink. The CEO of the $10 trillion-asset money manager called it one of the “less discussed” outcomes of the war, which began one month ago, in his…