What Blackjack Can Teach You About Wall Street
Only Weinstein, 52, takes it a step further. While casinos frown on the perfectly legal skill of card counting, Weinstein shows how the ability to master this incredibly difficult tactic can be an object lesson in finance: To succeed, you need to know the extent of your advantage. On this episode of Bullish with Sonali Basak, he takes Bloomberg Originals to Bally's Atlantic City to show us how it's done—and in doing so, gives a masterclass on why the trading floor and the casino floor aren't all that different.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Pinterest Stock Gains Traction With Instacart Deal, Multiple Analyst Upgrades
Pinterest, Inc. (NYSE:PINS) has attracted a wave of bullish calls from Wall Street over the past month, as several analysts raised their price forecasts and reiterated optimistic outlooks. The latest update came from Morgan Stanley, where analyst Brian Nowak upgraded the stock from Equal-Weight to Overweight and increased the price forecast from $37 to $45. Other analysts have also adjusted their price forecasts upward. Wedbush analyst Scott Devitt maintained an Outperform rating, raising the price forecast from $40 to $42. KeyBanc's Justin Patterson kept an Overweight rating and increased the price forecast from $40 to $45. Also Read: UBS analyst Lloyd Walmsley maintained a Buy rating, boosting the price forecast from $44 to $50. Similarly, TD Cowen analyst John Blackledge maintained a Buy rating and raised the price forecast from $40 to $43. Wells Fargo analyst Ken Gawrelski maintained an Overweight rating, adjusting the price forecast from $41 to $42, and Citigroup's Ronald Josey maintained a Buy rating, moving the price forecast from $41 to $44. Earlier in June, JPMorgan analyst Doug Anmuth upgraded Pinterest's stock from Neutral to Overweight, raising the price forecast from $35 to $40. Anmuth cited robust user growth, improved monetization strategies, and the platform's resilience against search engine disruption as key drivers for this upgrade. He also highlighted potential upside in margins, supported by accelerating revenue and disciplined cost management. Further contributing to the positive sentiment, Pinterest announced a new partnership with Instacart in June. This collaboration aims to enhance shoppability and ad targeting on Pinterest. Through this deal, selected advertisers gain access to Instacart's valuable first-party retail data, allowing them to precisely target high-intent users on Pinterest. A subsequent phase of the partnership will introduce closed-loop measurement, enabling advertisers to directly link ad exposure on Pinterest with actual product sales on Instacart, providing clear insights into campaign effectiveness. This collaboration also integrates Pinterest ads directly with Instacart, empowering users to complete purchases of items like recipe ingredients or personal care products within a few clicks, bridging the gap between inspiration and immediate action. On the technical front, Pinterest has traded between a 52-week low of $23.68 and a high of $42.02. After sliding nearly 39% from its peak to early April lows, the stock rebounded more than 60% and is now up 32% year to date. It trades about 12.6% above its 50-day moving average and 19% above its 200-day moving average, reflecting strong short and long-term momentum. Price Action: PINS shares are trading higher by 2.30% to 37.97 at Monday's last check. Read Next:Image via Shutterstock Latest Ratings for PINS Date Firm Action From To Mar 2022 Benchmark Initiates Coverage On Hold Feb 2022 Credit Suisse Maintains Neutral Feb 2022 UBS Maintains Neutral View More Analyst Ratings for PINS View the Latest Analyst Ratings Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Pinterest Stock Gains Traction With Instacart Deal, Multiple Analyst Upgrades originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Solana's SOL Tops $191 After $11M in Shorts Liquidated and Fund Inflows Hit $39M
Solana (SOL) extended its bullish streak Monday, climbing to $191.56 after a wave of short liquidations and fresh capital inflows into institutional funds. The price jumped 6.55% in the past 24 hours, per CoinDesk Data, supported by multiple on-chain and off-chain signals pointing to rising investor demand. According to Solana news source SolanaFloor, more than $11 million in short positions were liquidated as SOL surged through the $190 level. The largest single liquidation occurred at $188 and totaled $1.13 million, suggesting aggressive bearish positioning was caught off guard by the move upward. Momentum also appears to be supported by institutional participation. CoinShares' latest Digital Asset Fund Flows Weekly Report, released Monday, showed Solana products attracted $39 million in inflows for the week ending July 19. Crypto trader DonAlt, posting Monday on X, said he still prefers Ethereum but acknowledged Solana's potential breakout setup, noting that 'if this resistance goes I think it'll not stop at prior ATH.' His chart suggested a bullish bias contingent on SOL maintaining momentum above current levels. Technical Analysis Highlights From July 20 09:00 UTC to July 21 08:00 UTC, SOL rose 5.01%, moving from $180.77 to $189.82, according to CoinDesk Research's technical analysis data. Trading range spanned $178.08 to $190.77, a 6.65% spread. Key support formed at $178.30 with strong buying at 22:00 UTC on July 20 as volume spiked to 2.27 million. Resistance at $183.20 was broken early July 21 with persistent volume above the 24H average (1.29M). In the final hour (July 21 07:09–08:08 UTC), SOL moved from $189.26 to $189.70, peaking at $190.77 at 07:48.V olume topped 65,000 during the 07:37–07:48 UTC rally, followed by light profit-taking into the close. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 hours ago
- Yahoo
Peter Thiel投資的加密幣交易所Bullish邁向IPO
MoneyDJ新聞 2025-07-21 13:58:27 記者 李彥瑾 報導 近期多檔個股在美掛牌後表現亮眼，讓一度備受冷落的IPO市場重拾動能。近日，知名創投資本家Peter Thiel支持的加密貨幣交易所Bullish也送件申請上市，有望延續加密貨幣產業IPO熱潮。 CNBC等外媒報導，Bullish 18日正式向美國證券交易委員會（SEC）遞件申請IPO，若送件審查順利，將以代號「 廣告 廣告 截至2025年3月底，Bullish自成立以來累計經手的交易量突破1.25兆美元。 Bullish是成立於2020年的加密貨幣交易所，創始大股東除了Thiel的創投基金Founders Fund和Thiel Capital，還有野村證券（Nomura）、知名幣圈大佬Mike Novogratz等。 Bullish於2023年收購加密貨幣新聞網站CoinDesk，擴大事業版圖。 在高利率環境下，過去三年美股IPO市場吹冷風，不過今年回溫訊號浮現，其中最熱門IPO案莫過於穩定幣巨頭Circle（ 廣告 廣告 7月18日，美國總統川普正式簽署《GENIUS法案》（GENIUS Act），明定聯邦層級監管架構，全面納管穩定幣。新法施行後，穩定幣發行商須遵守嚴格規範，包括須持有足夠的儲備資產（如美元現金、美國公債等），每發行一枚穩定幣，即有等值法幣資產存入託管銀行作擔保，透過監管讓風險降至最低。 （圖片來源：Bullish） ＊編者按：本文僅供參考之用，並不構成要約、招攬或邀請、誘使、任何不論種類或形式之申述或訂立任何建議及推薦，讀者務請運用個人獨立思考能力，自行作出投資決定，如因相關建議招致損失，概與《精實財經媒體》、編者及作者無涉。 延伸閱讀： 川普傳擬讓退休基金投資加密貨幣/黃金 比特幣嗨 對關稅麻木無感 比特幣再創新高衝破118,000美元 資料來源-MoneyDJ理財網
