Author: News Room
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.Investors closely observing the charts over the past year will have been discouraged by the performances of popular altcoins like Chainlink (LINK) and Polkadot (DOT). But with the new utility-based token Collateral Network (COLT), which is set to deliver yields of as high as 3500% to savvy investors, the stage is set for what will clearly be one of the biggest crypto presales of 2023.>>BUY COLT TOKENS NOW<<Chainlink (LINK)The Chainlink (LINK) blockchain uses cryptographic proofs, decentralization, and trusted nodes to connect highly accurate data or APIs to…
Tesla is opening a Megafactory in Shanghai, the electric car manufacturer announced on Twitter Sunday. The factory will be able to produce 10,000 Megapacks per year, which are very large batteries used to store utility-scale amounts of electricity. The company announced the new factory with a picture of a signing ceremony in China. “Tesla opening Megapack factory in Shanghai to supplement output of Megapack factory in California,” Elon Musk said on Twitter. Chinese state media outlet Xinhua first reported the news, saying the electric automaker will break ground in this year’s third quarter and begin production in the second quarter…
Google published details about one of its artificial intelligence supercomputers on Wednesday, saying it is faster and more efficient than competing Nvidia systems, as power-hungry machine learning models continue to be the hottest part of the tech industry.While Nvidia dominates the market for AI model training and deployment, with over 90%, Google has been designing and deploying AI chips called Tensor Processing Units, or TPUs, since 2016.Google is a major AI pioneer, and its employees have developed some of the most important advancements in the field over the last decade. But some believe it has fallen behind in terms of…
Buying a second home, whether it’s a lake house or a house on the beach, is a pretty significant investment for most. But it’s one that can come with many benefits like a side hustle or extra income if you use the space as a rental property. In April, vacation rental management platform Vacasa released its annual ranking of the top 10 best places to buy a beach house in the U.S. based on the highest cap rates or yearly rate of return on investment.To determine the ranking, Vacasa did the following:Analyzed home sales and vacation rental performance data from…
With continual interest rate hikes made by the Federal Reserve beginning in 2022, housing markets across the United States have been experiencing significant disruptions in activity. And this disruption is particularly noticeable in the levels of available housing inventory. Over the course of one year, from 2022 to 2023, countless American housing markets have seen record high percentage increases in their available for-sale inventory. This build-up of homes for sale is a reflection of a slowdown in many housing markets across the nation. Based on a list of American cities with populations of 200,000 or more, we analyzed 119 housing…
As you approach retirement age, you may be wondering what the best way is to save and invest your money. With so many options available, it can be overwhelming to decide which route to take. Is it better to invest in an annuity or 401(k) for retirement? Both offer unique benefits and drawbacks, and the decision ultimately depends on your individual financial goals and circumstances. Understanding Annuities And 401(k)s An annuity is a financial product that pays out a fixed amount of money at regular intervals for a set period of time. You can purchase an annuity with a lump…
Facebook’s tax dispute over the pricing of transactions with an offshore subsidiary marks the first time an important anti-profit-shifting regulatory regime has been challenged in court, and the outcome will have major consequences. During a lengthy Tax Court trial, Facebook has vigorously contested the IRS’s valuation of intellectual property and other intangible rights contributed to a cost-sharing arrangement (CSA) with an Irish subsidiary in 2010. Facebook argues that the IRS’s $21.15 billion valuation of the company’s contributions to the CSA was nearly $15 billion too high, and the difference reflects stark disagreements concerning the variables and assumptions used in the…
When President Biden used his first veto (less than 60 days after his party no longer controlled both houses of Congress), the media reported on the event with much fanfare. That it had to do with a very narrow subject didn’t matter. But was all the chest pumping justified? Could it be that the issue was already moot even before Congress passed the joint resolution that inspired the veto? On Wednesday, March 1, 2023, the Senate voted 50-46 to overturn the Department of Labor’s new Fiduciary Rule. This new Rule was to replace a similar Rule promulgated by the DOL…
We’re all about the dividends here at Contrarian Outlook. Often we take it for granted that we’re not looking to lose 17% in just just a few weeks while we collect income! The share-price chart for Bank of America BAC (BAC) may appeal to dividend dumpster divers. And heck, it may work, as BAC stands to gain as more people pull their savings from regional banks and plunk them into “too big to fail.” Why deal with this nonsense? This is exactly why we’re fading “cardiac” price charts like BAC’s and shifting toward the smooth and steady growth of dividends…
Inflation. CPI index. Core inflation. Inflation is a market reality, no matter which term you use. And that reality will impact any fintech startup’s growth trajectory. As an investor, inflation is just one of many considerations in constructing an investment thesis, fundraising for a new fund or creating value in an existing fund. I do not view inflation as a binary gating metric answering the question of whether to invest. Instead, I see it as a metric that exists on a spectrum, informing how to invest. This is true for equity investments as well as debt investments. In today’s business…
