(Bloomberg) -- Michael Novogratz is a veteran Wall Street fund manager and cryptocurrency maven who readily acknowledges when he earns a “black eye,” while Dave Portnoy is the brash founder of a media empire who only recently began touting stocks and has disparaged Warren Buffett.Their backgrounds and personalities may be vastly different, but both are now offering the same investment recommendation: Bitcoin is a better long-term bet than gold.In an appearance on Bloomberg Television, Novogratz — founder of Galaxy Digital Holdings Ltd. — said that although he sees gold climbing above its record highs, Bitcoin is still the more worthy investment because it’s “harder to buy” than the traditional haven. He said about 25% of his net worth is tied up in the cryptocurrency.“It’s only got a $20 billion market cap, while gold is over $10 trillion,” Novogratz said of Bitcoin. “So it’s got a long way to go to catch gold in terms of just adoption.”...
It was another one of those choppy Friday trading sessions in August, with many traders opting for the beach over the trading screens. With that in mind, let's look at a few top stock trades for next week. Top Stock Trades for Monday No. 1: Tesla (TSLA) Click to EnlargeSource: Chart courtesy of StockCharts.comTesla (NASDAQ:TSLA) caught a booming three-day lift after announcing a 5-for-1 stock split earlier this week. The stock is now up about 20% in this stretch and the timing couldn't have been better.Downtrend resistance (blue line) was squeezing shares lower, while Tesla was below the 20-day moving average and clinging to support near $1,365. Wednesday's rally burst Tesla stock back over these key marks and now the stock continues to drift higher.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis $1,650 area has been troublesome for Tesla before, but if it can clear this level it puts...
McLeod Software’s new versions of LoadMaster Enterprise and PowerBroker software solutions have re-engineered their web access portals to improve customers’ internet presence to create a better experience for customers, carriers, and drivers. ...
Let's cut straight to the chase: One of the best stocks to buy for the next five to 10 years may be that of small-cap, Las Vegas-based Artificial Intelligence (AI) tech company Remark Holdings (NASDAQ:MARK). Overall, though, MARK stock is highly speculative and not worth your lunch money. This is not a "sure thing", and the chances of this $180 million company turning into a multi-billion-dollar giant remain relatively slim.Source: Angyalosi Beata / Shutterstock.com Nonetheless, it could happen. And it seems that as each day passes, the odds of MARK stock turning into a huge long-term winner are only going up.Therefore, it may be time to establish a speculative long position in Remark stock -- and here's why.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Confused AI Company That's Found PurposeWe can basically call Remark Holdings a confused and floundering AI company that, for the first time arguably...
