Investing Port RSS Feed All the latest news from Investing Port https://www.investingport.com List of Top Gainers on the Nigeria Stock Exchange for today Today, January 12, 2022, another trading session has concluded on the Nigeria stock exchange and we have the list of top-performing stocks. The top gainers are, Academy stock, up 10%, Jaizbank which is also up 10%, Unitybank is up 8.7%, and selling at N0.50 per share. Also, Sovrenins and Mbenefit are up 8.33% and 7.41 percent respectively. ]]> Wed, 12 Jan 2022 18:55:14 EST https://www.investingport.com/list-of-top-gainers-on-the-nigeria-stock-exchange-for-today/ https://www.investingport.com/list-of-top-gainers-on-the-nigeria-stock-exchange-for-today/ Top 20 stocks listed on the Nigerian stock exchange ranked by Market Capitalization These are the top 20 stocks according to the market carpitalization. The Nigerian stock exchange is growing steadily and this means that these stocks will continue to grow in market cap as the stock price continues to rise. So far, Dangote Cement is the biggest company on the Nigeria stock exchange based on market capitalizaion, Dangote Cement is worth $11.61 billion dollars, followed by MTN, Although MTN was just listed recently, it is graduly climbing to become the second most largest stocks on the Nigeria stock exhange. MTN is valued at $8.62 bilion. Then we have Airtel at $7.04 billion, Bua cement is worth $5.93 billion, then Nestle is the 5th largest in Market cat at $2.7 billion ]]> Tue, 11 Jan 2022 04:00:56 EST https://www.investingport.com/top-20-stock-listed-on-the-nigerian-stock-exchange-ranked-by-market-capitalization/ https://www.investingport.com/top-20-stock-listed-on-the-nigerian-stock-exchange-ranked-by-market-capitalization/ Nigeria stock exchange high dividends stocks These are the list of some stocks that are listed on the Nigerian Stock Exchange and they pay high dividends compared to the rest. As you can see below, UCAP, Zenith bank, and Cortville are the stocks paying the most dividends at the 13 percent range. Then we have UACN, SFSREIT paying between 11% to 12 % in dividends. Then we have Vitafoam, GTCO, and Dangsugar, these companies are paying between 8% to upper 9% in dividends. The Nigerian stock exchange is not the best in terms of stock price appreciation, however, a good stock that pays decent dividends can make the Nigeria stock exchange to be very attractive. List of top dividend-paying stocks on the NSE Exchange. ]]> Tue, 11 Jan 2022 03:48:48 EST https://www.investingport.com/nigeria-stock-exchange-high-dividends-stocks/ https://www.investingport.com/nigeria-stock-exchange-high-dividends-stocks/ Lloyd Austin, US Defense Secretary, tests positive for Covid-19, exhibiting mild symptoms. On Sunday, US Defense Secretary Lloyd Austin announced that he had tested positive for Covid-19 and was experiencing mild symptoms, but would retain all authority during a five-day quarantine at home. On Sunday, US Defense Secretary Lloyd Austin announced that he had tested positive for Covid-19 and was experiencing mild symptoms, but would retain all authority during a five-day quarantine at home.Austin stated in a statement that he requested the test earlier on Sunday after experiencing symptoms while on vacation at home. He met President Joe Biden for the last time on Tuesday, Dec. 21, more than a week before he began experiencing symptoms. Austin's positive test comes on the heels of the Pentagon tightening restrictions at its headquarters last week in response to concerns about the highly transmissible Omicron variant, which has resulted in a sharp increase in COVID-19 infections worldwide. The military faces the difficult task of maintaining military readiness for troops who are frequently confined to close quarters on ships and planes. Austin, who is fully vaccinated and received a booster shot in early October, stated in a statement that he last met President Joe Biden on Dec. 21, more than a week before exhibiting symptoms."As my doctor explained to me, my fully vaccinated status — and the booster I received in early October — have resulted in a much milder infection than would have occurred otherwise," Austin added. Austin stated that he requested the test earlier on Sunday after experiencing symptoms while on vacation at home. He was last seen Thursday at the Pentagon. Austin is one of the highest-ranking administration officials to test positive for COVID-19. Alejandro Mayorkas, Homeland Security Secretary, tested positive for the virus in October. According to a Reuters tally, authorities in the United States registered at least 346,869 new coronavirus cases on Saturday. The death toll in the United States from COVID-19 increased by at least 377 to 828,562. Austin stated that he intended to attend meetings virtually whenever possible and that he would retain complete authority over the Defense Department and military operations worldwide. Kathleen Hicks, his deputy, would represent him in certain instances, he added. "I continue to encourage everyone eligible for a booster shot to get one. This remains a readiness issue," Austin said. Approximately 98 percent of active-duty troops have received at least one dose of the COVID-19 vaccine, which is now required. Anthony Fauci, a leading infectious disease expert in the United States, warned on Sunday that there was still a risk of a hospitalization surge due to a high number of coronavirus cases, despite early evidence that the Omicron COVID-19 variant is less severe than other variants. According to data from the US Centers for Disease Control and Prevention, the Omicron variant accounted for 58.6 percent of coronavirus variants circulating in the United States as of Dec. 25. (CDC). Fauci added that the CDC will soon issue guidance on whether people with COVID-19 should test negative before leaving isolation, following last week's confusion over guidance allowing people to leave after five days without symptoms.]]> Fri, 07 Jan 2022 02:43:45 EST https://www.investingport.com/lloyd-austin-us-defense-secretary-tests-positive-for-covid-19-exhibiting-mild-symptoms/ https://www.investingport.com/lloyd-austin-us-defense-secretary-tests-positive-for-covid-19-exhibiting-mild-symptoms/ Tesla's stock soars after the company's fourth-quarter deliveries set a new record. Tesla recently released its fourth-quarter report on vehicle production and deliveries for 2021, and it easily outperformed analyst expectations. Tesla delivered 308,600 electric vehicles in the fourth quarter and 936,172 throughout the year. According to FactSet's consensus estimate, Wall Street analysts expected Tesla to deliver 267,000 vehicles in the fourth quarter and 897,000 throughout 2021. Tesla announced on Sunday that it delivered 308,600 electric vehicles in the fourth quarter of 2021, exceeding both the company's previous quarterly record and analyst expectations. During the same time period, the automaker produced a total of 305,840 fully electric vehicles. Tesla delivered 936,172 vehicles in total, an increase of 87 percent from 2020, when it reported its first annual profit on 499,647 deliveries. Tesla delivered 241,300 vehicles in the third quarter of 2021, the highest quarterly total in the company's history. According to FactSet's consensus estimate, Wall Street analysts expected Tesla to deliver 267,000 vehicles in the fourth quarter and 897,000 throughout 2021. Deliveries are the closest approximation of Elon Musk's electric car company's reported sales. Tesla combines delivery figures for its more expensive Model S and X vehicles with those for its less expensive Model 3 and Y vehicles. The company does not disclose regional sales or production figures. Tesla's flagship Model S sedan and Model X falcon wing SUV deliveries combined to account for just under 3% of total Tesla deliveries in 2021. Deliveries of Model 3 and Model Y totaled 296,850 in the fourth quarter of 2021 and 911,208 for the full year. Tesla manufactures the Model 3 and Model Y in Shanghai and Fremont, California, but only the Model X and S in Fremont. Ignoring shortages Musk lamented supply chain issues that made it difficult to obtain enough microchips and other unspecified parts at Tesla's 2021 annual shareholder meeting. Tesla was able to increase vehicle deliveries during the second year of a global coronavirus pandemic by ramping up production at its first overseas factory in Shanghai and by making technical changes to the cars it produces in Fremont, California, to eliminate certain components entirely. Notably, Tesla announced in May that it would discontinue the production of radar sensors in Model 3 and Model Y vehicles sold in North America. Tesla's driver assistance features, such as traffic-adjusted cruise control and automatic lane keeping, are now enabled by a camera-based system in those vehicles. Aiming forward Musk has stated that he intends to double Tesla's annual vehicle sales to 20 million over the next nine years. Tesla is on track to begin production of the Model Y crossover this year at its new factory in Austin, Texas. Following that, it intends to open another factory in Brandenburg, Germany. The company's headquarters were recently relocated to Texas. Tesla officially announced the plan in early December, after the CEO announced it in October. Musk wrote last month on Twitter, where he has approximately 68.4 million followers, "Giga Texas is a $10 billion+ investment that will generate at least 20k direct and 100k indirect jobs over time." Tesla intends to invest $1.6 billion in the Austin, Texas, factory's initial phase, according to public filings. Despite its progress and ambitions in Texas, Tesla has postponed plans to begin mass production of its Cybertruck, an angular pickup truck, until 2023. Additionally, the company's Semi and redesigned Roadster are still in development. Prospects for the industry The company now controls the majority of battery electric vehicle sales in the United States and much of the rest of the world. However, it is expected to lose overall market share as competitors introduce their own fully electric vehicles. Toyota, for example, recently announced a $35 billion investment to develop 30 battery-electric vehicles by 2030. Rivian recently began shipping its all-electric pickup truck and SUV. And Ford has ceased taking reservations for its electric pickup truck, the F-150 Lightning, after receiving 200,000 orders. The company does not break down sales by geography, but the United States and China are the company's largest markets, with the Model 3 and Y accounting for the majority of sales. Tesla currently manufactures the Model S, X, 3, and Y at its Fremont, California, factory, and the Model 3 and Y at its Shanghai plant. Tesla will increase production capacity in 2022 with the addition of two new factories in Austin, Texas and Berlin. Tesla's sales are expected to continue to grow in lockstep with overall electric vehicle demand, which is being fueled in part by climate regulation. In an effort to reduce air pollution caused by transportation, states including California and New York have followed the lead of several European countries and cities by setting a deadline for the sale of the majority of gas-powered vehicles. By 2030, approximately 24% of new vehicles sold worldwide are expected to be fully electric, according to Alix Partners' forecasts. Musk has promised that on Tesla's next earnings call, he will provide an update on the company's new product plans.]]> Tue, 04 Jan 2022 12:56:07 EST https://www.investingport.com/teslas-stock-soars-after-the-companys-fourth-quarter-deliveries-set-a-new-record/ https://www.investingport.com/teslas-stock-soars-after-the-companys-fourth-quarter-deliveries-set-a-new-record/ According to investors, Apple stock will continue to grow faster than the economy Apple's market capitalization will continue to rise above the $3 trillion mark briefly reached Monday, according to one chief investment officer who argued that the stock's valuation is justified. Take Away Points · According to the IMF, the US economy will expand by 5.2 percent in 2022, while the global economy will expand by 4.9 percent. · Apple became the first publicly-traded company in the United States to reach a $1 trillion valuation in August 2018, and its market capitalization has more than tripled in less than four years. · Microsoft is worth $2.5 trillion, while Amazon and its parent company Alphabet are worth $1.75 billion. According to Patrick Armstrong, chief investment officer at investment management firm Plurimi Group, Apple's (AAPL) stock price will continue to grow faster than the overall economy. According to the IMF, the US economy will expand by 5.2 percent in 2022, while the global economy will expand by 4.9 percent. “I don’t think it’s going to be a stock that’s going to double very quickly,” Armstrong told CNBC’s “Squawk Box Europe” Tuesday, but he added that it will “grow faster than the economy.” Apple became the first publicly-traded company in the United States to reach a $1 trillion valuation in August 2018, and its market capitalization has more than tripled in less than four years. “Apple is an incredibly positive company in terms of cash flow generation, earnings, market share, and profit margins. When you consider all of those metrics, it's almost ideal," Armstrong said. Microsoft is worth $2.5 trillion, while Amazon and its parent company Alphabet are worth $1.75 billion. While some analysts have questioned whether Apple is overvalued, Armstrong noted that the iPhone maker's market capitalization is not as "fantastic" as that of some other companies. “It’s an incredible company trading at a premium multiple,” he said. "I don't believe that is implausible. I believe that great companies should be valued at a premium. I don’t think you’re in the extreme lofty multiples that some of the other companies are.” Armstrong stated that he sold Apple stock in February before repurchasing during a December dip. However, not everyone is as bullish on Apple at the moment. Emma Wall, Hargreaves Lansdown's head of investment analysis and research, said Tuesday on CNBC's "Squawk Box Europe" that now is probably not the time for investors to buy Apple or Tesla stock. “If you already have exposures to them, taking some gains, but keeping those exposures in a diversified portfolio, is no bad thing,” she added.]]> Tue, 04 Jan 2022 12:18:05 EST https://www.investingport.com/according-to-investors-apple-stock-will-continue-to-grow-faster-than-the-economy/ https://www.investingport.com/according-to-investors-apple-stock-will-continue-to-grow-faster-than-the-economy/ Metaverse meaning: What Is It and How Does It Work? Silicon Valley now has a new favorite buzzword: metaverse. Ever since Mark Zuckerberg announced earlier this year that the future of Facebook would be in the metaverse, everyone has been scrambling to understand what a metaverse is. And when Facebook rebranded as Meta in October, the tech industry was gripped by metaverse fever. From Microsoft to Nvidia, every company has suddenly entered the metaverse business, and countless individuals have seemingly overnight become metaverse experts. However, what is the metaverse? Why does it matter, and who should be concerned? If the metaverse is truly "the next chapter of the internet," as Zuckerberg put it, it is critical to comprehend and define it in order to avoid being caught off guard when (or if) the metaverse wave takes hold. Here, we'll go over what Metaverse is and everything you need to know about it. We will consider the following: · What is the metaverse?· When can we expect to see it?· What are some examples of it?· Why the metaverse matters· The players· What people are saying· Why the Metaverse is Skyrocketing· How to make money on Metaverse· What’s next? What is the Metaverse? At its heart, the metaverse is an embodied internet: a social space where people can connect via personalized avatars that make them feel more present than a standard video call. It is synchronous, which simulates real-life better than today's feed-based social media. Rather than catching up on what others are doing, you'll interact with them in real-time. It will also be persistent, much like the rest of the world. When you return to a metaverse space, you will not have to start over. And, like real life, it will include a variety of activities that you may wish to do with other people: attend concerts and other events, play games, socialize, date, and, yes, work and shop. To be clear, the metaverse does not exist — at the moment. What we do have, however, are some forerunners: · Virtuoso - VR is frequently confused with the metaverse, which makes sense. If you wear a headset, having an embodied presence feels significantly more real than controlling an avatar with a keyboard or gamepad. However, while VR, augmented reality and other forms of spatial computing will be incorporated into the metaverse, it is equally critical that the metaverse work across multiple device categories. It's not something you dip into for a half-hour at a time, but something that you carry with you throughout the day: on your phone, your VR headset, and, eventually, consumer-ready augmented reality glasses. · Fortnite and Roblox - Both games have been heralded as forerunners of the metaverse, and they do tick a few boxes: Both Fortnite and Roblox are social spheres with avatars and in-world economies, and their massive live events have demonstrated that they are about much more than gaming. Both titles, however, are effectively stand-alone properties. Players cannot bring their Fortnite avatars to Microsoft Teams meetings, and good luck finding a business that accepts Robux as payment outside of Roblox. Finally, there is one significant reason why we do not yet have a metaverse: The metaverse is structured as a network. It is not a single service, but a collection of services that are loosely connected, both by companies constructing dedicated roads between their services and by individuals forging their own paths between destinations. That is also why the first generation of avatar-based services, such as Second Life, are not self-contained metaverses. Just as the mobile internet is not comprised of a single app and none of the apps on your phone would exist without the presence of numerous other apps and services, the metaverse is comprised of a multitude of interconnected services. Metaverse explained by Mark Zuckerberg. When can we expect to see it? Mark Zuckerberg, CEO of the newly renamed Meta (formerly Facebook), estimates that it will take between five and ten years for the metaverse's key features to become mainstream. However, aspects of the metaverse do exist at the moment. Ultra-fast broadband connections, virtual reality headsets, and persistent always-on online worlds are already available, though not to everyone. What are some examples of it? Here's a look at what's happening today that could pave the way for tomorrow's metaverse: · Microsoft - Microsoft is already experimenting with holograms and is developing mixed and extended reality (XR) applications using its Microsoft Mesh platform, which combine the real world with augmented and virtual reality. Microsoft demonstrated its plans earlier this month to bring mixed reality, including holograms and virtual avatars, to Microsoft Teams in 2022. Additionally, explorable 3D virtual connected spaces for retail and workplaces are being developed for next year. The United States Army is currently collaborating with Microsoft on an augmented reality Hololens 2 headset that will be used by soldiers to train, rehearse, and fight. Additionally, Xbox Live already connects millions of video game players worldwide. · Meta - The former Facebook-owned technology company has already made significant investments in virtual reality, including the acquisition of Oculus in 2014. Meta envisions a virtual world in which digital avatars interact via virtual reality headsets for work, travel, and entertainment. Zuckerberg has been an outspoken proponent of the metaverse, believing it has the potential to supplant the internet as we know it. "The next platform and medium will be an even more immersive and embodied internet in which you are part of the experience rather than just looking at it," Meta CEO Mark Zuckerberg said last month in announcing the company's rebranding. · Roblox - The platform, which was founded in 2004, hosts a plethora of user-generated games, including role-playing games such as Bloxburg and Brookhaven, in which users can construct homes, work, and role-play scenarios. Roblox is now worth more than $45 billion following its initial public offering this year. the On the day of the platform's initial public offering in March, David Baszucki, the platform's founder and CEO, tweeted a thank you to everyone who helped bring the platform "one step closer to fulfilling our vision of the #Metaverse." Since then, Roblox has partnered with skateboarding shoe company Vans to create Vans World, a virtual skateboarding park where players can dress up in new Vans gear, as well as a limited-edition Gucci Garden where players can try on and purchase clothing and accessories for their virtual selves. · Minecraft - Another popular virtual world with children, Microsoft-owned Minecraft is essentially the digital equivalent of Legos, with players creating their own digital character and constructing whatever they please. Minecraft had over 140 million monthly active users as of August. Its popularity skyrocketed during the pandemic, as children were forced to rely more heavily on virtual connections. · Epic Games - "It's no secret that Epic is invested in building the metaverse," said Tim Sweeney, CEO of the company that developed Fortnite. It has hosted concerts by Ariana Grande and Travis Scott, as well as film trailers and music debuts, as well as a "immersive" reimagining of Martin Luther King Jr.'s historic 1963 "I Have A Dream" speech. Additionally, it is developing photorealistic digital humans through its MetaHuman Creator, which may be used to customize your digital doppelganger in future open-world games. Several lesser-known businesses have established their own virtual worlds. Second Life, an online fantasy world founded in 2003, is entering its second decade as an alternate reality. Why the Metaverse matters Believe it or not, the rush to the metaverse did not begin with Zuckerberg's obsession with virtual reality. Rather than that, it is influenced by a variety of factors. People are flocking to avatar-based social gaming platforms in droves; the pandemic has compelled us all to seek out new forms of real-time interaction; and companies like Apple, Amazon, Google, and Meta are all scouting for the next big thing after the smartphone. And, while these trends are unfolding in real-time, a few critical questions remain unanswered. Who will take on the role of the new gatekeepers? The companies that develop the future AR and VR headsets are in a strong position to profit financially from the metaverse and to impose rules on it. As Zuckerberg has admitted, one reason Meta is so interested in the metaverse is that the company missed out on mobile hardware and is now forced to play by the rules of Google and Apple's app stores. How about privacy, security, and mental health? Facebook, YouTube, and other social media platforms have been scrutinized for their handling of misinformation and privacy concerns, as well as their impact on their users' mental health. All of these issues do not vanish in the metaverse, but they will almost certainly be resolved very differently. Hiring tens of thousands of moderators may not be the optimal strategy for preventing hate and harassment in real-time environments, and spatial data collected by headsets surveying people's living rooms raises a slew of new privacy concerns. Keeping these issues in mind from the start will be critical for both industry insiders and regulators. Who is going to pay for it, and how are they going to pay for it? The consumer internet of today is largely based on advertising, with a healthy froth of subscription revenues on top. Several of those models may be applicable in the metaverse. Additionally, we may see a return to transactional business models, possibly facilitated by decentralized finance. The future business models for these services will have a significant impact on the companies competing to build the metaverse, but they will also ultimately determine who has access to these new worlds, from small businesses to everyday people. The players Numerous companies are attempting to build the metaverse. The following are some of the major players in the space: · Meta has already invested $10 billion in metaverse technologies for the year 2021. The company's efforts include its VR hardware, social VR applications such as Horizon, and an investment in augmented reality wearables. · Roblox's proto-metaverse world generated $454 million in revenue in the second quarter of 2021. Additionally, the company has over 43 million daily active users, the majority of whom are children. · Epic earned more than $9 billion from Fortnite in 2018 and 2019, and the company's Unreal Engine powers a large number of augmented and virtual reality experiences. · Apple has avoided the hype surrounding the metaverse, but the company's massive investments in augmented reality hardware indicate that it wants the App Store to be a part of whatever the future brings. What people are saying "The full vision of the Metaverse is decades away. It requires extraordinary technical advancements … and perhaps regulatory involvement too. In addition, it will require overhauls in business policies and changes to consumer behavior. But the term has become so recently popular because we can feel it beginning." — Hollywood-exec-turned-metaverse-expert Matthew Ball in the foreword to his upcoming book "The Metaverse." "Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital commerce, and support jobs for millions of creators and developers." — Meta CEO Mark Zuckerberg, laying out a more ambitious timeline in Meta's founder's letter. "What the internet is for information, the metaverse is going to do for social connections. I'm no longer bound by physical distance or all these constraints in terms of who I interact with or how I represent who I am. All these things are suddenly unleashed. It's insanely disruptive." — Roblox CBO Craig Donato told Protocol last year why he thinks his company is well-positioned for the metaverse. "I would hope that the Metaverse as a future medium can be a much greater engine for economic efficiency than any of the closed systems that exist today. And that we'd ultimately get to a point where a much higher percentage of the profits go to creators than with any of these other platforms that currently exist." — Epic Games CEO Tim Sweeney on the economy of the metaverse. Why the Metaverse is Skyrocketing By any conventional metric, Upland is perplexing to many. It is more than a virtual game; it is a social experience, but why are thousands of people spending their hard-earned money on it? One reason could be that it is truly unique. Upland is a decentralized application (dApp) that enables the purchase, sale, and trading of virtual real estate that is linked to physical maps. Thus, you can visit Upland New York City to ascertain who owns the Empire State Building or the New York Stock Exchange. You can even bid for them yourself if you have the necessary in-game currency. On its own, this concept is quite clever. However, what elevates Upland above mere toy status is the game's in-game economy. To begin purchasing their first properties, players must first purchase the native token, UPX, with fiat money. As Upland becomes more popular, market values for these properties naturally increase. Virtual landlords have the option of holding or cashing out for fiat once more. Thus, while Upland properties are fictitious, they are very real investment assets. Consider the NYSE as an example. You'd imagine that, in comparison to the majority of Upland properties, the Stock Exchange could fetch a decent amount of UPX. However, would you guess it's worth the full $23,000? That is the price it sold for in December. Today, it is even more valuable. Even so, even this financial component falls short of fully capturing Upland's appeal. We interviewed one of the platform's co-founders, Dirk Lueth, for this article to get the full picture. We asked him not only how much money players can earn on his platform, but also how much they enjoy being there. He narrowed it down to five justifications: · It's enjoyable to discover properties with a special meaning, value, or emotional connection.· It's exhilarating to flip properties.· Taking pleasure in the community and making new friends· Locating like-minded individuals· Excited about the prospect of reconstructing the world and eventually making a living there Upland's development team intends to expand its universe in the coming months and years by adding 3D property development features and allowing players to run businesses in-game. They're even considering adding a feature that will allow players to import NFT artwork into their virtual properties, effectively increasing their value in the same way that physical art increases the value of physical properties. "I am extremely excited to bring more real-world brands into Upland and to finally introduce some location-based services and features that will begin to blur the line between the real world and the Upland metaverse," Lueth said. How to make money on Metaverse In the coming years, the Metaverse may alter how you earn money, shop, and perhaps even socialize. Cryptocurrency is revolutionizing the way people generate wealth worldwide. The following are some methods for earning money in the Metaverse World: Shopping Online Online shopping is extremely advantageous and thus one of the most well-known ways to earn money in the Metaverse, with companies like Amazon and Flipkart offering fast shipping and a diverse selection of brands. New concepts in digital fashion and avatar skins will emerge, paving the way for clothing companies and brands that will exist exclusively online. As people's work hours change, virtual experiments may become more critical in order to find the optimal Metaverse connection for your avatar. Travel and Tourism Due to travel restrictions last year, virtual reality tours of prehistoric Greece and Egypt gained popularity. On the other hand, the Metaverse's development teams hope to captivate visitors and reenact historical events such as the American Civil War. Thus, you will not only be able to cross borders without leaving your house but also to travel through time. Additionally, with workplaces utilizing the Metaverse for collaboration, there is a significant reduction in the need for long-distance travel, which saves money and fuel. Ownership of Online Digital Property In reality, art and land parcels have piqued investors' interest. As more people become interested in the Metaverse, at least a few people have recognized the value of 'land' in an internet world. Purchasing land is a popular method of earning money in the Metaverse. Play to Earn Games Earn by Playing Games are a well-known method of earning money in the Metaverse. Southeast Asian gamers are earning a living by playing 'play to earn' blockchain-based games, Snoop Dogg is throwing virtual parties, and artists now have a new revenue stream. In its simplest form, the Metaverse is a virtual realm in which virtually anything is possible. Players can earn between $300 and $5,000 USD per month playing games like Axie infinity. Additionally, there are other games on Metaverse that are currently fundraising in order to launch at a later date. Thus, you can earn money by playing games in the Metaverse. Online Partying and Concert Participation It's often simpler than real-world partying and is one of the most well-known ways to earn money in the Metaverse. Nevertheless, it lacks the "look and feel" of a legitimate party. The Metaverse is making an attempt to bridge that chasm. Initiatives like The Sandbox already enable users to purchase land, construct properties, and host whatever activities they desire on the Ethereum blockchain. Snoop Dogg, the rapper, has already rebuilt his mansion within the Sandbox Metaverse and is offering participants VIP tickets to his live show. Flipping Lands Inside Metaverse The simplest way to earn money in Metaverses such as SAND and MANA is to purchase land and then sell it for a profit. We've written an article about how to purchase land on Decentraland. Metaverse Architecture and Designer Due to the abundance of plots available in the Metaverse, an investor may find themselves at a loss for ideas on how to design things there. A Metaverse Architect or Metaverse designer can assist a landowner in constructing various structures on Metaverse and profiting from them. Land brokers As in the real world, you can work as a land broker in Metaverse, assisting people in buying and selling land and earning a commission on successful transactions. There may be a large number of whales that control a large portion of the plot in the Metaverse. As a Metaverse land broker, you would assist the whale in increasing the value of his plots in exchange for a commission. Renting Land in the Metaverse If you own a small, medium, or large plot of land within the Metaverse, you can rent it to creators, builders, or game developers who cannot afford to purchase the land, but can operate their business on your plot, earning you monthly rent. This would result in an increase in passive income. Establishing Businesses in the Metaverse Within Metaverse, you can establish your own business and begin selling digital goods. As mentioned previously, one of the ideas could be to perform concerts and live shows. Numerous businesses can be created on Metaverse to generate passive income. Earn Money by Developing Games If you are a game developer, you can also publish your game on Metaverses such as Sandbox and earn money from it. As your game's popularity grows, so will your revenue. While there are numerous headlines at the moment, investment in this field remains low. However, I believe that this will take off when we can truly collaborate on projects and meet people from all over the world. The Metaverse is the eagerly anticipated future! What’s next? Whether it takes a decade or a century to build the metaverse, it's clear that immersive hardware will play a critical role in popularizing it. That is why the race between Meta, Apple, Snap, and Microsoft to develop augmented reality glasses is critical. Whoever wins it will not necessarily win the metaverse, but will undoubtedly have a significant home team advantage.]]> Tue, 04 Jan 2022 08:28:28 EST https://www.investingport.com/metaverse-meaning-what-is-it-and-how-does-it-work/ https://www.investingport.com/metaverse-meaning-what-is-it-and-how-does-it-work/ The Stock Market Holidays That You Need To Remember For The Year 2022 Each year, as the holiday season approaches, two stock-market holidays are traditionally observed: Christmas Day and New Year's Day. However, owing to New York Stock Exchange Rule 7.2, investors may be startled to learn that the holiday schedule will be slightly different in 2022.When a holiday falls on a Sunday, the market closes the following Monday, according to the rule. Unless "exceptional business conditions exist, such as the end of a monthly or yearly accounting period," the market will close on the preceding Friday when a holiday falls on a Saturday. The Christmas holiday will be commemorated on Friday, December 24th, as is customary. The last day of trade for that week is December 23. New Year's Day, on the other hand, falls on a Saturday, putting the celebration in a different year if it were moved to Friday. New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Memorial Day, Good Friday, Independence Day, Labor Day, Thanksgiving Day, Christmas Eve, and Christmas Day are all stock market holidays. These holidays, as well as Columbus Day and Veterans Day, are observed by the bond market. Every holiday has its own set of closures and market hours. The following are the topics we'll be discussing in today's piece: · What Is a Stock Market Holiday?· What Are Bond Market Holidays?· What Are the Bond Market Hours?· When Does the Stock Market Open and Close?· Stock Market Holidays in 2022· Conclusion It's important to be aware of and plan for stock market holidays and hours, whether you're an investor, a professional money manager, or work in the financial media. Because the holidays and closures do not always coincide, you'll need to adapt your schedule and plan ahead of time. What Do You Mean by a Stock Market Holiday? Stock markets, such as the New York Stock Exchange (NYSE) and the NASDAQ, are closed for trading on some national holidays. The stock markets usually observe nine holidays each year, plus two half-holidays, but beginning in 2022, a tenth holiday, Juneteenth National Independence Day, will be observed. The following are the dates for the yearly stock market holidays and early closings: New Year’s DayMartin Luther King Jr DayPresidents’ DayMemorial DayGood FridayJuneteenth National Independence Day (new for 2022)Independence DayLabor DayThanksgiving DayBlack Friday (Day after Thanksgiving Day, closes early at 2:00 pm EST)Christmas Eve (closes early at 2:00 pm EST)Christmas Day What Are Bond Market Holidays and Why Do They Happen? Bond market holidays, like stock market holidays, are days when the bond market is closed for trading due to a national holiday in the United States. With two more holidays and a few extra pre-holiday days in which it closes early, the bond market follows the same holiday schedule as the stock market. The following are the dates for the yearly bond market holidays and early closings: New Year’s DayMartin Luther King Jr DayPresidents’ DayThe day before Good Friday (Close at 2 pm)Good FridayThe day before Memorial Day (Close at 2pm)Memorial DayJuneteenth Holiday (new for 2022)The day before Independence Day (Close at 2 pm)Independence DayLabor DayColumbus DayVeterans' DayThe day before Thanksgiving Day (Close at 2 pm)Thanksgiving DayBlack Friday (Day after Thanksgiving Day, closes early at 2:00 pm EST)Christmas Eve (closes early at 2:00 pm EST)Christmas Day Important: The bond market will be closed on Columbus Day and Veterans Day, but the stock market will be open. On Christmas Eve and New Year's Eve, the bond market closes early, but the stock market remains open. What Are the Bond Market Hours? The stock and bond markets do not operate at the same time. The following are the hours when the bond market is open for business: Early Trading: 4:00am EST — 8:00am ESTCore Trading: 8:00am EST — 5:00pm ESTLate Trading: 5:00pm EST — 8:00pm EST When Does the Stock Market Open and Close? The stock market typically opens at 9:30 a.m. and closes at 4:00 p.m. The stock market is open every week, Monday through Friday, with the exception of holiday closures.In 2022, there will be no stock market holidays. The stock market holidays are consistent year after year, while the calendar days are different. Some holidays fall on Saturdays or Sundays, which implies they are observed on Fridays or Mondays, respectively. The following is a list of stock market holidays for the rest of 2021 and 2022:Friday, Dec 24, 2021: Christmas Day observed(Jan 1, 2022, falls on Saturday, so, no New Year’s Day market closure)Monday, Jan 17, '22: Martin Luther King Jr DayMonday, Feb 21, '22: Presidents’ Day (Washington’s Birthday)Friday, April 15, '22: Good Friday (bond markets close at Noon)Monday, May 30, '22: Memorial DayMonday, June 20, '22: Juneteenth holiday observedMonday, July 4, '22: Independence DayMonday, Sept 5, '22: Labor DayThursday, Nov 24, '22: Thanksgiving DayFriday, Nov 25.'22: Black Friday (stock market closes early at 2:00 pm EST)Monday, Dec 26, '22: Christmas Day observed Other Events to Keep in Mind Aside from the monthly events listed above, there are a few others that you should note on your calendar. These events aren't timed and are dependent on your individual circumstances. Best Time to Get Married: Beginning of the year.Best Time to Sell a Car: March-August.Best Months to Lock in a Fixed Utilities Bill Price: Spring (March/April) and fall (September/October).Best Time to Rent a House: Winter (December–March).Best Time to Take a Vacation: Varies by off-season and shoulder season.Required Minimum Distributions Due: If turning 72 this year.37Major Spending Events (Back to School/Back to College).Major Spending Events (Graduation/Wedding/Milestone Birthday or Anniversary).Annual Event (Portfolio Rebalancing). Conclusion On weekdays, the two US stock markets - the NYSE and the Nasdaq - are open from 9:30 a.m. to 4 p.m., although individuals can trade at any time. Extended-hours trading allows investors to react quickly to news that could affect the price of a stock. Trading outside of typical business hours can be dangerous because the stock market is less liquid and volatile, but it can also be profitable.]]> Sun, 26 Dec 2021 23:39:43 EST https://www.investingport.com/the-stock-market-holidays-that-you-need-to-remember-for-the-year-2022/ https://www.investingport.com/the-stock-market-holidays-that-you-need-to-remember-for-the-year-2022/ High Covid cases and the Feds Tapering means nothing to the stock market as the Dow jumps 380 points today The Pandemic continues to rage through the country, hospitals are overwhelmed and businesses are planning to shut doors due to the new rise in covid cases, but the stock market is doing fine so far. The down jumped 380 points today, and the Nasdaq added a 2% upside rally after the FEDs released the interest rate tapering timeline. The Feds said on Wednesday, December 15th, 2021, that it would slow down its asset purchases, a process called tapering, that has been helping to ease the effect of the Coronavirus pandemic on the economy. This is supposed to be bad news for investors but since the timeline is not so near, the stock market traded up today. Also, the Feds will not stop the bonds buying completely, it would only reduce the monthly purchase to $60 billion from $90 billion. The move was put in place as the government is trying to tackle the interest rate that has been out of control since the pandemic started. The government has been pumping money into the economy to help it from crashing and as a result, the interest rate has been affected. To fix the interest hate issue, this means the Feds must stop printing cash and this will also affect the economy negatively due to the labor issues and other things. It’s going to be a lose-lose situation for investors if the feds taper its spending and the pandemic is still affecting the economy. “Now I have seen how high rates are going and how fast it’s going to happen. The uncertainty is removed from the market. From an equity perspective, now they just have to focus on earnings, margins, and growth,” said Jim Caron, a chief strategist on the global fixed income team at Morgan Stanley Investment Management. The cash printing to push funds into the United State’s economy was put in place to help the stock market to stay afloat, pulling the plug can be devastating but it's needed. More importantly, investors should pay attention to this. The S&P 500 rose 1.63% to 4,709.85Nasdaq Composite jumped 2.15% to 15,565.58.The Dow Jones Industrial Average added 383.25 points, or 1.08%, to close at 35,927.43.]]> Wed, 15 Dec 2021 18:58:36 EST https://www.investingport.com/high-covid-cases-and-the-feds-tapering-means-nothing-to-the-stock-market-as-the-dow-jumps-380-points-today/ https://www.investingport.com/high-covid-cases-and-the-feds-tapering-means-nothing-to-the-stock-market-as-the-dow-jumps-380-points-today/ Covid pandemic effect is back as Apple closes three stores due to rising daily covid cases We reported earlier that the U.K reported the highest number of daily covid cases that they have ever seen before in the pandemic began and now Apple released a statement that it will shut three stores due to rising covid cases. The shutdown didn’t seem to affect apple stock price as of today. Apple stock traded up by 2.85%, it closed at 179.30 per share. Just a few dollars short of reaching the $3 trillion valuation. · Apple temporarily shut three stores on Wednesday as the number of Covid cases rise.· The closures raise questions about the impact of the Covid pandemic on the holiday-shopping season amid concerns from public health authorities about the impact of the omicron variant.· Store employees will take Covid-19 tests before reopening, Apple said. “We regularly monitor conditions and we will adjust our health measures to support the wellbeing of customers and employees,” an Apple spokesperson said in a statement. “We remain committed to a comprehensive approach for our teams that combines regular testing with daily health checks, employee and customer masking, deep cleaning, and paid sick leave.”Apple said that store employees will take Covid-19 tests before reopening, so the closures could be delayed beyond Thursday and Friday, depending on the results. Apple’s retail employees have had access to weekly at-home tests provided by the company since earlier this year.Apple is also asking that its customers wear a facemask while shopping at its stores.]]> Wed, 15 Dec 2021 18:35:30 EST https://www.investingport.com/covid-pandemic-effect-is-back-as-apple-closes-three-stores-due-to-rising-daily-covid-cases/ https://www.investingport.com/covid-pandemic-effect-is-back-as-apple-closes-three-stores-due-to-rising-daily-covid-cases/