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This Spinoff Rear-Ended the Used Car Market October 9, 2024 by Charles Mizrahi Banyan Edge, Economy, Investing I’d rather have a root canal without anesthesia than negotiate with a used-car salesperson. That was the challenge that two retail electronic executives wanted to tackle. In 1991, they came up with a new way to sell used cars. They wanted to create a buying experience that was pleasant and enjoyable. That’s when Richard Sharp and W. Austin Ligon came up with the idea for CarMax…
Elon Musk and OpenAI symbol Is OpenAI the Next BlackBerry? October 9, 2024 by Ian King Artificial Intelligence, Banyan Edge, Technology Elon's xAI could make OpenAI the modern version of the BlackBerry. Find out at the October 10 event what he has in store for AI.
3 Surprising Ways The Market Reacts to Elections September 30, 2024 by Matthew Clark Banyan Edge, Investing, Investment Opportunities With both campaigns now entering the final stretch, you can expect to be inundated with political advertising and mind-numbing media coverage for the next two months. So today, Matt Clark is diving into the data to share 3 surprising lessons about how your investments will handle this year's election...
Banking’s $33.5 Trillion Is in Crypto’s Crosshairs September 24, 2024 by Ian King Banyan Edge, Cryptocurrency, Investing “First they ignore you, then they laugh at you, then they fight you, then you win.” This is one of my favorite quotes. I’m not sure who said it, although it’s been incorrectly attributed to Mahatma Gandhi. To me, it describes the disruptive force of technology — incumbents ignore the upstarts, laugh at them, try to fend them off and then eventually lose to more efficient ways of doing things. This is exactly what’s happening in the world of traditional finance, as blockchains take aim at the $33.5 trillion financial sector. 
Fed’s First Rate Cut in Four Years Could Propel THIS Sector to New Heights September 18, 2024 by Charles Mizrahi Banyan Edge, Economy, Investing The Federal Reserve is set to cut interest rates for the first time in four years. And there’s one sector that is about to soar even higher. Even when interest rates were rising, this sector crushed expectations. But now, a new "Echo Boom" is set to drive these stocks even higher...

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