Shares of Amazon (NASDAQ: AMZN) stock tumbled today on some very curious news: Analyst company J.P. Morgan released a note (reported on TheFly.com) that named Amazon the bank's "top internet idea." Amazon stock fell 4% through 12:30 p.m. ET. According to J.P. Morgan's note, the Department of Commerce estimated that fourth-quarter e-commerce sales in the United States were only $257.6 billion, which was below J.P. Morgan's own prediction of $270 billion -- which sounds like bad news, and may have spooked investors. Read More...
Motley Fool
How to Avoid Buying Stolen NFTs
The popularity and demand of non-fungible tokens (NFTs) continues to advance this year as the largest NFT marketplace in the world, Opensea, recorded single-month sales of more than $5 billion in January. According to Activate Consulting, NFT sales should advance well into 2022, as 94% of previous NFT customers say they are somewhat or very interested in buying an NFT in the next 12 months, as do 42% of those who haven’t yet bought one. Whether you’re new to the cryptocurrency space or a grizzled crypto veteran, here are some common-sense tips and useful tools to consider to help ensure you’re buying an authentic NFT.
Add Comment