Sat, May 14, 2022 2:34 PM
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A Flip by Moushumi
The Bitcoin (CRYPTO: BTC) halving on April 19 was one of the most anticipated events of the year for crypto investors. Previous Bitcoin halvings have led to spectacular crypto market rallies, and the expectation is that this halving cycle -- despite the recent downturn in price for Bitcoin -- will be no different. So which cryptocurrencies are best positioned to soar in value.
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U.S. equity futures edged lower in early Wednesday trading, while Treasury bond yields bumped higher into the start of the session, as investors looked to extend the longest winning streak for the S&P 500 in two months amid improving corporate earnings and renewed Federal Reserve interest-rate-cut hopes.
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The automotive industry is typically not a place you'd look to find winning investment ideas. The industry is capital-intensive, cyclical, and produces low margins. That's not a recipe to make outsized long-term returns. But there's one business in particular that has bucked this trend- Ferrari. In the past five years, shares have soared 216%, crushing the S&P 500 in spectacular fashion.
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