An investment management firm known for short-selling the stocks it speaks against is now targeting a high-risk, high-reward stock purchased by a high-profile politician.
Right now, the market is not paying attention. Valuations are out over their skis. We've pulled forward future earnings to the present, priced in growth that hasn’t happened, and we’re hanging our portfolios on the hope that it will catch up.
GOAT Network on Wednesday introduced a new suite of Bitcoin (CRYPTO: BTC)-native yield products that allow BTC holders to earn returns without relying on centralized platforms or operating mining equipment.
The company said in a regulatory filing that the decision was made in light of increased clinical and regulatory requirements to maintain regulatory approvals in global markets and to obtain approvals in new regions.
After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.
