FlowBank

1093 days ago

Coinbase's recent quarterly earnings report fuels Korean crypto-related firm

Hanwha Investment & Securities Co. has gained more than 210% so far this year, the best performance among Kospi stocks with more than $1 billion in market value. The brokerage owns a 6.15% stake in Dunamu, which operates the leading South Korean crypto exchange Upbit.

#Stocks

1094 days ago

LG won't make smartphones anymore

LG Electronics announced the end of an era, stating they would stop competing in the smartphone market. While the company still held 10% of the US market, the company only saw losses in the long term, and decided to quit to focus on other projects. Many fans were very sad to hear the news, saying that LG maybe did not make the best phones, but always came up with interesting new ideas. The company had been making phones for 25 years now, but slowly fell behind stronger competitors like Samsung and Apple

#Stocks #Technology
LG won't make smartphones anymore

1094 days ago

PNC Financial Services Group positions itself as an ESG dividend company

PNC operates in the Banking and Savings sector. The annualized dividend paid by PNC is $4.6 per share paid in quarterly installments. The company has raised its dividend quite rapidly year over year since 2011.

#Stocks

1094 days ago

Small caps do a complete 180 - unwind all NFP gains

It was quite the change of fortune from Good Friday after the US jobs report versus Easter Monday, when almost all of Friday's moves were reversed. Is the US economic bounce-back now fully baked in?

#Stocks #Macro
Small caps do a complete 180 - unwind all NFP gains

1094 days ago

To put things in perspective: The S&P 500 / Fed Balance sheet is trading at the same level as in 2008

The S&P 500 may have hit a new ATH today, but if you put the index in relation to the Fed's balance sheet, it is trading at the same level as in 2008, so equities have traded sideways since 2008, basically counteracting balance sheet expansion. 

#Stocks
S&P 500 / Fed balance sheet
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