Articles

  • 1 week ago | fool.com | Bram Berkowitz

    It's been quite the year for Ripple, the company behind XRP (XRP 0.31%), the third-largest cryptocurrency in the world. President Donald Trump's election victory last November sent the entire crypto sector surging and few have benefited more than XRP. The token had struggled in the years leading up to the election due to the U.S. Securities and Exchange Commission's (SEC) long-standing lawsuit against Ripple for allegedly selling unregistered securities, and the subsequent appeal.

  • 1 week ago | fool.com | Bram Berkowitz

    After a rip-roaring rally yesterday, stocks resumed their sell-off today, as unrest about tariffs and U.S.-Chinese relations once again found the spotlight. The Dow Jones Industrial Average traded more than 1,100 points down in the final half-hour of trading, while the broader benchmark S&P 500 had fallen close to 3.8%. Large bank stocks also slid as the group prepared to kick off first-quarter earnings season tomorrow morning. Shares of JPMorgan Chase (JPM -3.08%) traded roughly 4% lower.

  • 2 weeks ago | fool.com | Bram Berkowitz

    After a face-melting rally yesterday that saw shares of Nvidia (NVDA -3.18%) surge over 15%, shares once again found the red today, trading about 5% lower as of 10:22 a.m. ET. Analysts at Morgan Stanley issued a new research report on the company this morning, while the broader market gave back some of its gains, with the tech-heavy Nasdaq Composite (^IXIC -2.80%) down over 3%.

  • 2 weeks ago | fool.com | Bram Berkowitz

    Ray Dalio is a legend in the investing world. He founded Bridgewater Associates in 1975, one of the largest traditional hedge funds, managing close to $172 billion in assets. As one might expect, Dalio has done quite well and now has an estimated net worth of $14 billion, according to Forbes magazine. Over the years, he has also developed what he calls an "All Weather" strategy that he believes can steer steer investors through the darkest of storms.

  • 2 weeks ago | usatoday.com | Bram Berkowitz

    Congress recently confirmed President Donald Trump's pick, Dr. Mehmet Oz, to lead the Centers for Medicare and Medicaid Services (CMS). Medicare and Medicaid provide healthcare insurance to an estimated 136 million Americans, with Medicare serving citizens 65 and older and Medicaid covering lower-income populations. The appointment comes as healthcare remains expensive and out of reach for many Americans, and as Republicans try to figure out ways to improve the country's fiscal situation.

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Bram Berkowitz
Bram Berkowitz @BramBerko
27 Jan 25

$SOFI beat all around on 4Q24 earnings but adj. EBITDA/EPS guidance (midpoint) came in below @VisibleAlpha cons. Shares down ~13% PM https://t.co/XGJ0LOXBEx

Bram Berkowitz
Bram Berkowitz @BramBerko
11 Jun 23

My hometown bank Needham Bank is going public through mutual conversion. Initial glance: -$3.7B assets -NIM 3.61% -$300M offering at midpoint (51% price/TBV) -2022 ROA/ROE: 0.96%/9.06% -2022 efficiency: 62.3% -0 NCOs but 17% of loans are construction -Very few unrealized bond Ls

Bram Berkowitz
Bram Berkowitz @BramBerko
27 Apr 23

Eastern Bank $EBC offloaded $1.9B of AFS securities during Q1 after going too heavy in bonds during pandemic. Sale resulted in $194M loss in Q. But after backing out all AFS/HTM losses TCE ratio is now 8.6%. Bank now has 107% coverage of uninsured deposits.