Corestone News and Press

April 24, 2024

Wall Street closes higher as investors digest earnings, megacap outlook

April 23 (Reuters) – U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks.

April 16, 2024

Will McDonough on the Markets

Will McDonough, Founder, Chairman and CEO at Corestone Capital, on US markets. He spoke with host Doug Krizner on “Bloomberg Daybreak Asia.”

April 07, 2024

Tesla shares have tanked 34% this year. Investors raise doubts over whether the EV maker will return to form

April 5, 2024

Why BTC’s record monthly growth streak could be in jeopardy

Though bitcoin’s price has gone up in each of the last seven months, investors looking to take advantage of profits could disrupt that streak, industry watchers note.

April 1, 2024

Ballard Power has a lot of room to grow: analyst

There will be a lot of money pumped into the system for fuel cells and other green energy, says Will McDonough, chairman and CEO of Corestone Capital. Ballard has a lot of room to grow, but the stock could be volatile if a new U.S. government cancels its tax credit, says McDonough.

Mar 11, 2024

MicroStrategy Soars After Buying More Bitcoin

MicroStrategy’s bet on Bitcoin is paying off handsomely as its stock soared Monday, fueled by the token hitting record highs around $72,000.

Mar 6, 2024

Reddit’s power users can buy into its IPO through a directed share program. Here’s how DSPs work.

Companies with upcoming IPOs can offer directed share programs to qualifying groups of retail investors to buy IPO stock.

February 28, 2024

Macy’s Downsizing Reflects Larger Retail Trends

The retail industry is amid a rightsizing of physical storefronts. The closure of underperforming stores such as those announced this week by Macy’s presents an opportunity for strategic master planning of properties for the next generation.

Feb 21, 2024

I don’t believe Rivian can compete long term: Will McDonough
Rivian went public prematurely and might not be able to compete with the big EV players, that’s according to Will McDonough, chairman and CEO of Corestone Capital. He joins BNN Bloomberg to discuss Rivian’s outlook ahead of it’s Q4 earnings.

February 3, 2024

Fortune, ‘At what point do you decide Tesla is bigger than Musk?’ The time may be right for Elon Musk to step down as CEO, suggest experts

January 26, 2024

Yahoo! Finance, Tesla is ‘not immune’ to conventional auto challenges: Panel

Tesla (SLA) shares move on into the green Friday morning after dropping off earlier in the week. The EV maker reported a fourth-quarter earnings miss on the top and bottom lines, pushing CEO Elon Musk to warn about slowing electric vehicle productions in 2024 on the company’s earnings call.

January 25, 2024

BNN Bloomberg, Tesla doesn’t care about quarter over quarter: analyst

Tesla is not building its business for Wall Street’s eyes, says Will McDonough, chairman and CEO of Corestone Capital. Tesla is making decisions for the long term, and making sure it has the most efficient car on the road, says McDonough. McDonough has a buy rating on Tesla with a PT of US$250.

January 18, 2024

Benzinga, Road to Wealth in 2024

January 13, 2024

MarketWatch, Bitcoin ETFs are live. Watch for the next most popular crypto to go the same route

After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether ETFs.

January 11, 2024

Family Capital, From lithium futures to cannabis cocktails – inside Will McDonough’s family office

Will McDonough is the chairman and CEO of Corestone Capital, a family office he founded following the…

January 9, 2024

Bitcoin ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered

As the market awaits a decision from the U.S. Securities and Exchange Commission over spot exchange-traded fund filings, analysts are predicting that bitcoin ETFs may see well over $1 billion in inflows over the next three months, and potentially more than $100 billion by the end of the year.

Jan. 3, 2024

Should you cancel Netflix, Disney+, Costco or Spotify? Ask yourself this one question.
A recent viral Reddit thread asks which monthly subscriptions are worth every penny. Here’s how to decide which ones to keep or cut, and tips for saving money on the ones you want.

December 28, 2023

Food-Related Spending Dominates Holiday Shopping

US consumers preferred restaurants and grocery stores to jewelry and electronics as they spent money during the holiday season. according to preliminary insights from Mastercard SpendingPulse, U.S. retail sales.

December 22, 2023

Kitco, Believe the hype: a Bitcoin ETF will usher in a new era for cryptos – Will McDonough

(Kitco News) – Optimism is high that 2024 will be a breakout year for cryptocurrencies as an asset class as the anticipated launch of the first spot Bitcoin (BTC) exchange-traded fund (ETF) is expected to open the floodgates that have been keeping trillions of dollars in institutional money out of digital assets.

Dec 18, 2023

Market wrap: U.S CPI, Oracle, Occidental

Will McDonough, chairman and founder of Corestone Capital, joins BNN Bloomberg to discuss the latest on the markets.

Aug 8, 2023

Who do you call when your Rivian breaks down: EMG Advisors

Will McDonough, founder and lead portfolio manager at EMG Advisors, joins BNN Bloomberg to discuss Rivian’s Q2 2023 earnings report. The company beat revenue expectations this quarter, however McDonough says he would steer clear from owning the stock as it faces stiff competition in the EV war.

June 19, 2023

Bloomberg Markets Full Show (06/19/2023)

Will McDonough joins Bloomberg in a discussion regarding the current state of the stock market as it relates to commodities and the green energy future.

May 10, 2023

Looking to invest in the electric vehicle sector? Here are three stocks to consider

Speaking with BNN Bloomberg’s Amber Kanwar on Wednesday, Will McDonough, founder and lead portfolio manager at EMG Advisors, said automakers who already have a large share of the auto sector will be the most competitive players in the electric vehicle transition as they have the most resources.

May 3, 2023

Analyst Breaks Down Market as Fed Raises Rates

Will McDonough, founder and CEO of EMG Advisors, joined Cheddar News to discuss Wednesday’s trading session after the Federal Reserve raised rates by 0.25% as tighter credit conditions continue to affect small- and medium-sized businesses.

April 18, 2023

Stock market closes flat after release of key earnings reports

EMG Advisors CEO and lead portfolio manager Will McDonough spoke with CBS News’ Lana Zak and Lilia Luciano about how investors are reacting to earnings reports from Goldman Sachs and some other major companies.

January 25th, 2023

Will McDonough as seen on Bloomberg Surveillance

Will explores Tesla & other money market trends

Carbon Neutral Future: CHRG ETF

July 14, 2019

5 Household Brands Actually Innovating with Blockchain

June 26, 2019

What Facebook’s Actions Tell Us About The Future Of Blockchain

Apr 17, 2020

Forbes: How ‘Stay At Home’ Has Changed Habits And Created Opportunity For Tech

Jan 7, 2020

How Digital Asset Companies Have Created Their Own Regulatory Glass Ceilings

Bitcoin’s Rally Feels Like 2017, But It’s Not Quite the Same

AUG 5 2018

Tom Brady, Gary Cohn, and Marc Lasry have all bet on Will McDonough.

Oct 29, 2018

What Facebook’s Actions Tell Us About The Future Of Blockchain

At Goldman, He’s David Solomon. At the Club, He’s D.J. D-Sol.

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