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JESSE LIVERMORE earned his reputation as a talented speculator by pocketing a tidy sum during the Panic of 1907. Mindful that a scarcity of credit and a giddy stockmarket were a dangerous mix, he began to sell stocks short that autumn. When share prices crashed on October 24th, Livermore was up by $ 1m ($ […]
In practice, it is surprisingly hard
This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Current subscribers can read the report here. Business Insider Intelligence Outside of the US Postal Service (USPS), FedEx and UPS have dominated the domestic logistics industry — and in particular, the […]
Bitcoin plunged more than 12 percent on Friday, falling below $ 3,400, its lowest point in over a year. The world’s most popular cryptocurrency is worth six times less than it was last December, when it traded at $ 20,000. Bitcoin traded at around $ 3,389 as of 9:30am GMT on Friday, falling around 12.2 […]
For non-U.S. cybersecurity startups with high aspirations, selling to the U.S. isn’t an option, it’s a necessity.Read More
Nearly half of mortgage originators are not banks
Not so bankable TWICE IN THE past 30 years, housing finance has taken down America’s economy. As interest rates rise and the housing market stutters (see article), regulators are again pondering the risks from the mortgage market—this time from a shift towards non-bank originators. These firms, which create mortgages and often sell them on to […]
David Ryder/Getty Images Germany’s competition watchdog has launched an investigation into whether Amazon is abusing the dominance of its marketplace platform. The probe was prompted by numerous complaints lodged against Amazon by third-party sellers. It will run in tandem with a similar investigation by the EU into Amazon’s marketplace. Germany’s competition watchdog has launched an […]
The Dow Jones Industrial Average surged more than 600 points, erasing its November decline, after Federal Reserve Chairman Jerome Powell eased investor worries about an aggressive increase in interest rates.
Four months after Apple breached the $ 1 trillion mark, the iPhone maker is on the verge of losing Wall Street’s most valuable company title to Microsoft.Read More
