What is the Global Minimum Corporate Tax?
Earlier this week, Treasury Secretary Janet Yellen called for the United States to support a global minimum corporate tax rate. This coincides with President Biden's desire to raise the US corpora...
United States: No Vaccine Passports
Vaccine passports may be coming to China and the European Union, though the United States won't be joining in. Earlier today, the Biden Administration stated that they would not be supporting a fe...
How Did Archegos Capital Lose So Much Money So Quickly?
Earlier today, the Financial Times revealed that Archegos Capital, the "home office" hedge fund owned by Bill Hwang, lost an unbelievable $110 billion in just five days. In addition to blowing the...
Is Dapper Labs (NBA Top Shot) One of the Fastest Growing Companies Ever?
Earlier today, Dapper Labs, the blockchain technology company based out of Vancouver, British Columbia, Canada, announced that they had secured $305 million in private funding. With the amount of ...
Report: Havoc in the Markets After Archegos Capital Management LLC Forced to Liquidate Shares
At one point on Friday afternoon, shares of ViacomCBS dipped below $40/share - a stunning one-day drop of nearly $30. Considering that ViacomCBS closed the day before at $66.35, this was an inexpl...
What is the Line of Succession For the US President?
When Joe Biden won the 2020 US Presidential election, many people wondered what would happen if he passed away while in office. After all, President Biden would be 78 years of age when he stepped ...
How Much Did The US Economy Grow Under President Trump?
In his song "Reminder", Jay-Z uttered the famous line: "Men lie, women lie, numbers don't" In the lead-up to the 2020 Presidential election, President Trump frequently boasted that he "built the...
Why Do Companies Buy Back Shares?
In 2020, Berkshire Hathaway (run by Warren Buffett) bought back nearly $25 billion worth of its shares. Since 2013, Apple has spent hundreds of billions of dollars to buy back its shares. The q...
WallStreetBets Targets RKT (Rocket Companies, Inc.); Stock Soars
The WallStreetBets community on Reddit, which entered the national spotlight after the massive run in shares of Gamestop, has set their sights on another company - Rocket Companies, Inc. Rocket Co...
"Roaring Kitty" Hit With Class Action Lawsuit in Massachusetts
According to BNNBloomberg.ca, the central figure in the Gamestop saga has been hit with a class action lawsuit. The lawsuit, which was filed against Keith "Roaring Kitty" Gill, alleges that: "G...
What is Warren Buffett's New Mysterious Purchase?
Publicly traded companies can file a "confidential treatment request" with the SEC. This request, if granted, allows for companies to omit potentially sensitive information from their quarterly fi...
Bitcoin Scarcity Helping To Push Prices to New Highs
The people who think that Bitcoin has "nothing" behind it won't like to hear this statement: Bitcoin is a scarce asset. There are currently roughly 18.62 million Bitcoins in circulation. Based o...
Millenial Investors: The Market Will Never Be The Same
Over the past few months, you have likely heard the term "millennial investor" being used, usually in a derisive fashion. Gamestop up 10,000% in just a few months? Millennial investors. Bitcoi...
Who Was The Most Popular President By Overall Average Job Approval Rating?
Gallup has been providing Presidential job approval ratings data since mid-1945. When analyzing this data, certain trends become quite apparent. To start, job approval ratings tend to start ou...
Robinhood Sees Surge in New Accounts, Downloads
According to a recent report from the Wall Street Journal, Robinhood, the controversial zero commission stock brokerage that found itself in the middle of a firestorm last week, witnessed a surge in b...