Investment Learning

  • August 28, 2024

Telegram Founder Pavel Durov Faces Allegations of Child Abuse in Switzerland

According to Foresight News, Telegram founder Pavel Durov has been accused by his former partner, Irina Bolgar, of harming their youngest son on five occasions between 2021 and 2022. The child was born in September 2017. These allegations were made a few months after Bolgar accused Durov of ceasing to pay her approximately $167,500 per month in child support.Bolgar's lawyer confirmed that she and her three children are involved in this civil case. However, he declined to comment on any criminal proceedings related to the matter.

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  • August 28, 2024

Why September historically spells trouble for stocks

Stocks have calmed after a rocky start to August. Tech stocks (XLK) have bounced back, and markets (^DJI, ^IXIC,^GSPC) seem stable for now. But September, historically the weakest month for stocks, is approaching. According to Bank of America (BAC) data, the S&P 500 only rose 44% of the time during September since 1928. Furthermore, in presidential election years, both September and October have historically yielded underwhelming average returns of -0.46% and -0.34%, respectively. On today's Market Minute, Yahoo Finance executive editor Brian Sozzi discusses these historical market trends, considering what they might mean for current market conditions.

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  • August 28, 2024

OpenSea Receives Wells Notice From SEC

According to Odaily, the NFT marketplace OpenSea has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). A Wells Notice is an informal warning issued by the SEC to publicly traded companies in the United States before initiating civil litigation. Companies that receive such a notice have the opportunity to communicate and negotiate with the SEC before formal litigation is filed.

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