Funds Overseas Cash In on Crypto Boom

Funds Overseas Cash In on Crypto Boom

FINANCE NEWS
Some overseas investors are reaping big gains from a handful of exchange-traded products that have surged alongside many digital coins. Eight of the 10 best-performing exchange-traded products in the world this year are European-based funds that track some form of cryptocurrency. A binance coin-tracking exchange-traded product run by Swiss firm 21Shares AG is up 10-fold this year. A pair of ethereum notes managed by CoinShares in Europe have risen more than threefold, as has a ripple-based ETP run by 21Shares. Source link
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Why The Apple Watch Series 7 Redesign Has Me Worried

Why The Apple Watch Series 7 Redesign Has Me Worried

DIGITAL NEWS
After holding the iPhone 12 Pro for a year, and really preferring it wrapped in a case, I’m very worried about the Apple Watch Series 7 and what is being described as a “dramatic change in design.” The rumor is that the Series 7 will replicate the most distinctive design elements of the iPhone 12 series, the iPad Pro, and the Mac Mini M1 — flat sides and squared-off edges. The Apple Watch Series 6, which shares its design with the Apple Watch Series 4 and Series 5, is almost exactly right in terms of proportions, size, shape, and weight, making it immensely comfortable to wear, while the jewel-like curved case works in all situations and with all outfits. Moving away from the flowing lines may impact all of this,…
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When Financial Experts Refer to a ‘Blowoff Top,’ Here’s What They Are Talking About

When Financial Experts Refer to a ‘Blowoff Top,’ Here’s What They Are Talking About

FINANCE NEWS
Lately, some financial-market experts have been using the phrase “blowoff top” to describe how prices for certain assets have behaved. While blowoff tops aren’t an everyday occurrence, they can have an impact on investors—potentially producing big profits or devastating losses. So, what are they? Blowoff tops can be—but aren’t always—the last stage of an asset bubble. Many market rallies begin with asset prices trending higher at roughly the same rate. But if their growth rate speeds up enough, that growth ends dramatically with a blowoff top. “While nothing is 100% absolute, most bull markets and bubbles do end in a final cathartic blowoff top,” says Shawn Hackett, president of Hackett Financial Advisors Inc. Source link
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Watch Two Russian Cosmonauts Spacewalk Outside the ISS

Watch Two Russian Cosmonauts Spacewalk Outside the ISS

DIGITAL NEWS
This Thursday, September 9, two Russian cosmonauts will venture outside the International Space Station (ISS) to continue preparing the newly arrived Nauka module for science operations. You can watch along at home as they step out of the station and work on the new module, hooking it up to existing systems so it can be integrated into the rest of the station. We’ve got the details on how to watch below. What to expect from the spacewalk The new Russian module for the ISS, Nauka, was launched this summer and, after a dramatic incident in which the module’s thrusters fired unexpectedly, was attached to the station with no further problems. In August, European Space Agency astronaut Thomas Pesquet gave a video tour of the new module if you’d like to…
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Gene Simmons: ‘My eyesight’s good. My schmeckle works. What else do you want?’

Gene Simmons: ‘My eyesight’s good. My schmeckle works. What else do you want?’

ART WORLD NEWS
In an anonymous building somewhere in North Hollywood, a handful of roadies stride about tuning guitars in front of an elaborate drum kit bearing the legendary logo: “KISS.” The instruments fall silent in unison to announce the entrance of the band’s hulking 6ft 2in bassist Gene Simmons. The 72-year-old wears leather trousers, an embroidered denim shirt, dark sunglasses and a black baseball cap illustrated with a cartoon dollar bag. His most recognisable appendage, that famous seven-inch reptilian tongue, is hidden completely behind a square of black cotton. Forget Frank Sinatra with a cold: Gene Simmons is wearing a face mask.Simmons is taking pandemic precautions seriously, and with good reason. Within a week of our meeting, Kiss frontman Paul Stanley, the band’s only other original member, will test positive for Covid,…
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‘Solar Bond’ Demand Goes Through the Roof

‘Solar Bond’ Demand Goes Through the Roof

FINANCE NEWS
Investment firms are buying record amounts of so-called solar bonds, debt issued to help U.S. individuals finance the purchase of rooftop solar panels to power their homes.Sales of solar bonds hit around $2 billion in the first six months of the year, roughly double levels during the same period in 2020 and 2019, according to deal tracker Finsight.com. The bonds, which are backed by bundles of loans made to homeowners for panel purchases, are being issued by a handful of financing companies that specialize in residential solar panels, including GoodLeap LLC, Sunnova Energy Corp. and Solar Mosaic Inc. By tapping bond markets, the companies are connecting fund managers looking for eco-friendly investments with homeowners who want to get cheaper—and potentially more reliable—electricity while cutting their carbon footprints. “It came down…
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Disney+ Free Trial: Can You Sign Up Without Paying a Dime?

Disney+ Free Trial: Can You Sign Up Without Paying a Dime?

DIGITAL NEWS
Editor’s Note: Disney has suspended the Disney+ free trial, after running one from November 2019 to June 2020 in the US. It hasn’t said whether it’ll resume it again in the future, but you can take it for a spin for a month for only $7 — no strings attached. It’s a no-brainer if you ask us.  Searching for a Disney+ free trial? How does a week’s access to the streaming service for the low, low price of absolutely nothing sound? Sold? Follow this short guide and you’ll be streaming the latest season of The Simpsons in no more than a couple of minutes without handing over a dime. Signing up for the Disney+ free trial couldn’t be easier. It’s as simple as heading over to the website — or clicking…
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United Airlines, Procter & Gamble, Moderna: Stocks That Defined the Week

United Airlines, Procter & Gamble, Moderna: Stocks That Defined the Week

FINANCE NEWS
United Airlines Holdings Inc. America’s vacation from travel restrictions might get cancelled. The European Union recommended halting nonessential travel from the U.S. because of the rise of Covid-19 cases, diplomats said Monday. The bloc’s earlier decision, in June, to place the U.S. on its safe list was a welcome relief for Europe’s tourist-heavy southern economies after pandemic-fueled recessions. The trade group Airlines for America called the recommendations a disappointment to the U.S. airline industry. United Airlines shares lost 3.8% Monday. Zoom Video Communications Inc. Will Zoom meetings survive the end of the pandemic? The company on Monday surpassed $1 billion in quarterly revenue for the first time in its history, but demand for its videoconferencing services is showing signs of slowing. Zoom said that small businesses and consumers were starting…
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Why You Need to Buy This Gigantic Portable Home Battery Now

Why You Need to Buy This Gigantic Portable Home Battery Now

DIGITAL NEWS
Digital Trends may earn a commission when you buy through links on our site. Typically, when you’re thinking about powering your home sans the grid, you consider using a generator — whether electric or gas — like those you might find in some of the best generator deals. You might also use a solar or renewable energy system, but they come with limited support unless you have a backup battery or power delivery network. That’s where the EcoFlow DELTA Pro portable home battery comes into play. When it releases, it will be the largest capacity battery the company has launched to date, with a 3.6kWh to 25kWh range, which is enough to supply an entire family’s energy needs for emergency use for up to a week. Fascinating, right? What’s more,…
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James Simons, Robert Mercer, Others at Renaissance to Pay Up to $7 Billion to Settle Tax Probe

James Simons, Robert Mercer, Others at Renaissance to Pay Up to $7 Billion to Settle Tax Probe

FINANCE NEWS
Current and former executives of hedge fund Renaissance Technologies LLC will personally pay as much as $7 billion in back taxes, interest and penalties to settle a long-running dispute with the Internal Revenue Service, the firm said, a tax settlement that may be the largest in history. James Simons—the quantitative-investing pioneer who started Renaissance before retiring as the firm’s chairman on Jan. 1—will make an additional “settlement payment” of $670 million, according to the firm. Mr. Simons will also pay back taxes related to his gains. Source link
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