The Commodity Futures Trading Commission (CFTC) has permanently banned Alexander Mashinsky, founder of Celsius Network, from trading commodities and registering with the CFTC. This follows a multi-agency crackdown where Mashinsky was sentenced to 12 years in prison for causing $4.7 billion in customer losses through fraud. Mashinsky admitted to misrepresenting the safety of Celsius’s crypto lending platform, which collapsed in 2022, leading to significant investor losses. The ban ensures Mashinsky cannot return to commodities markets even after serving his sentence.
Intel shares fell 4% alongside other chipmakers like AMD and NVIDIA due to rising Treasury yields pressuring high-growth tech stocks. Despite the pullback, Intel stock is still up 180% year-to-date. Recent quarterly filings revealed NVIDIA holds a ma...
Amazon's stock has risen over 15% following a record Q2 performance, with Morgan Stanley analyst Brian Nowak reiterating a 'Buy' rating and setting a 12-month price target of $335, implying a 28.6% potential gain. The firm also forecasts a long-term ...
CEO.CA, a leading investor social network for junior resource stocks, features an exclusive interview with Victor Cantore, CEO of AMEX Gold Mining Inc. The discussion highlights AMEX's progress in transforming its Perron Project in Quebec from a prom...
Meta Platforms has seen its stock drop about 27% year-to-date, underperforming the broader market. This decline is largely due to one-time legal and severance costs that have compressed margins and caused earnings misses. However, these charges are e...
NewLake Capital Partners (NLCP) has effectively managed tenant defaults through a strategy focusing on credit-worthy cannabis tenants and four-wall leases, resulting in 100% rental collection and a healthy balance sheet. This has supported secure div...
