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How Can Investors Use Market Cap as an Evaluation Metric? fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
How Can Investors Use Market Cap as an Evaluation Metric? fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Read More. ....
Minnesota officer charged on killing. Consumer credit surging to highest. Ways the PPP program has evolved. U.S. companies oppose voting curbs. Goldman to hike pay by nearly 90%. Banks pivot from pandemic to boom. Peak inside Fontinalis, a Detroit VC. Market Moving Headline: The Federal Reserve will likely scale back its bond purchases before considering raising interest rates, Chairman Jerome Powell said, hardening expectations on the sequence of its eventual exit from aggressive policy support. “We will reach the time at which we will taper asset purchases when we’ve made substantial further progress toward our goals from last December, when we announced that guidance,” Powell said Wednesday in a virtual event hosted by the Economic Club of Washington. “That would in all likelihood be before well before the time we consider raising interest rates. We haven’t voted on that order but that is the sense of the guidance.” ....
05:54pm EDT| Coinbaseâs Public Stock Listing Creates A Multibillion Dollar Windfall For FoundersâNow It Faces Five Big Threats Share to Facebook Share to Linkedin Coinbase cofounder and CEO Brian Armstrong is worth $11.8 billion after the company s first day of tradingâhis net worth has jumped more than $10 billion over the past year. Jamel Toppin/The Forbes Collection For Coinbaseâs founders and investors, the timing of its initial public offering this week couldnât have been better. Bitcoin has been trading at an all-time high, above $60,000. Just eight days ago, Coinbase announced that first quarter revenue in 2021 tripled from the prior quarter, hitting $1.8 billion, while net profit reached nearly $800 million. ....