News 

This startup just unlocked a $8.5 trillion new investment opportunity

“The company has been around since 2010 and has invested nearly $250 million in more than $1.2 billion of real estate” writes unknown author for businessinsider.com. Neither Fundrise nor any of its affiliates assume responsibility for the tax consequences for any investor of any investment.What if you found out that almost every major institutional investor earned higher returns than you by following a totally different investment strategy?. The problem with this traditional allocation model is that it assumes the only investment opportunities available are publicly traded stocks and bonds. Source: businessinsider.com…

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Crypto News 

Bitcoin Price Records Minor Correction & Falls to $4,070, Potential Factors

“After recording a new all-time high at $4,410, bitcoin price fell to $4,070, experiencing a minor correction” writes unknown author for cryptocoinsnews.com. Hence, a minor correction in bitcoin price after a strong rally should not be a concern for investors and traders.For instance, in the last week of July, bitcoin price decreased from $2,700 to $2,400, by $300.At the time, Antonopoulos noted: “The reason bitcoin price is dropping is the rapid 1500% rise in 2 years, especially the last 3 months.Despite the recent decline in bitcoin price, highly respected analysts…

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News 

Gambitious rebrands as Good Shepherd to invest in the indie game revival

“Good Shepherd cofounder Mike Wilson said that Gambitious did OK raising money from a network of investors and making profitable, smaller PC games” writes Dean Takahashi for venturebeat.com. Now the company is rebranding itself as Good Shepherd Entertainment with the goal of gathering more investors and funding quality independent titles.Good Shepherd has had an infusion of new capital from accredited investors and a new leadership team.Devolver is the biggest investor in Good Shepherd.Good Shepherd will focus on improving production values in indie games, especially writing, music and voice acting, while strengthening its…

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News Platforms 

Investment platform Gambitious is now called Good Shepherd Entertainment

“Gambitious, the hybrid indie game publisher and investment platform, is changing its name to Good Shepherd Entertainment” writes Aug Edt for polygon.com. Unlike other platforms, like Fig or Kickstarter, that sum is guaranteed by Good Shepherd.It’s also staffing up with a complement of full-time hires thanks to a new round of investment from Advance/Newhouse.Shares in each project are then sold as an investment opportunity to a small group of accredited investors. Source: polygon.com Share This:

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News Oil 

Superior dividends and great valuations: why investors should consider oil stocks

“Wittmann added that these oil companies offer superior dividend yields at great valuations and adds that the sector is attractive right now” writes Mohd Jailanee Othman for cnbc.com. While the global oversupply of oil continues to weigh on crude prices and suppressed stock prices for oil companies, the sector offers attractive value to investors, experts argue.Crude oil prices are stuck in the range of $45 to $60 a barrel, according to Wittmann, but he thinks there is great value in the stocks of the super major oil companies.”The sector has…

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Futures News 

Wall Street set for a higher open, as investors shake off political turmoil and look to Fed minutes

“Dow Jones industrial average futures rose 50 points, while S&P 500 and Nasdaq composite futures advanced 5.25 points and 14.50 points, respectively” writes Jin Lee for cnbc.com. U.S. stock index futures pointed to a positive open on Wednesday, as investors shifted their attention to the upcoming FOMC minutes as turbulence in the U.S. political space continued to rumble on. Source: cnbc.com Share This:

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Crypto Markets News 

Bitconnect Coin Hits New All-Time High at $115, as Bitcoin Price Surges

“In addition to the rapidly growing value of BCC, it is important to acknowledge the depth of the BCC market” writes unknown author for cryptocoinsnews.com. Throughout last week, during the strong rally of bitcoin, Bitconnect Coin (BCC) gained upward momentum, surpassing the $100 mark for the first time in history and establishing a new all-time high at $115.For years, Monero had remained within the top 10 largest cryptocurrencies list and this week, as BCC recorded a historic rise in value, Bitconnect overtook some of the largest cryptocurrencies in existence.According to…

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News 

Uber investor Shervin Pishevar claims Benchmark wants to remove Arianna Huffington from the board

“Early Uber investor Shervin Pishevar sent Benchmark Capital another letter asking the firm to step away from the company’s board of directors” writes Johana Bhuiyan for cnbc.com. This is the second letter Pishevar has sent to Benchmark; the first was signed by a few other Uber investors.In the letter, which Recode obtained, Pishevar claims that Benchmark is working with another major investor — Lowercase Capital — in its effort to remove former CEO Travis Kalanick from the board. Source: cnbc.com Share This:

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News 

Burned investors congratulated ‘Pharma Bro’ after fraud trial

“He was acquitted on five charges of conspiracy to commit securities fraud and conspiracy to commit wire fraud” reports nypost.com. And if the truth were to be told I would have been acquitted on all eight [charges].” He did not say who among the nearly dozen investors were coerced into testifying, or who sent felicitations following the mixed verdict.Shkreli​, clad in his favorite purple dress shirt and gr​a​y suit jacket​, was convicted on three counts of securities fraud on Aug. 4 after the panel of seven women and five men…

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News 

Investors are misinterpreting positive benefit of $10 MoviePass on cinemas

“B. Riley analyst Eric Wold wrote in a note to investors that he believed investors were misinterpreting the MoviePass news as a negative for the box office and film exhibitors” writes Trey Williams for marketwatch.com. We understand that MoviePass is absorbing the ticket discount and hoping to make up the discount through monetizing the data and the breakage.”. “Studios and exhibitors are not taking a discount under the MoviePass model. Source: marketwatch.com Share This:

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