Bitcoin’s (CRYPTO: BTC) drop to $62,000 resembles previous crypto winter bottoms rather than a structural breakdown in the asset class, according to Bitwise Chief Investment Officer Matt Hougan. ETF Selling In a podcast interview with Scott Melker on June 5, Hougan highlighted that Bitcoin ETFs have seen roughly $4 billion in outflows across 12 consecutive […]
Donald Trump & Bernie Sanders Find Common Ground on Government-Owned Stocks
Noted short-seller Jim Chanos recently expressed his bewilderment over the shared viewpoint of President Donald Trump and Sen. Bernie Sanders (I-Vt.), a staunch critic of Trump and his policies. Chanos took to X on Tuesday to pose the question, “What do you call it when both Donald Trump AND Bernie Sanders advocate government (“public”) ownership of corporate equity…?!” Read Also: […]
Apple’s AI Future, Stock Surge, Nvidia CEO’s New Role and More: This Week In Appleverse
As the week comes to a close, let’s take a look at the top stories that shaped the week, from Apple‘s (NASDAQ:AAPL) AI-driven future to the surge in its stock and Nvidia Corp.‘s (NASDAQ:NVDA) CEO joining an elite advisory board in China. Apple’s AI Future: Agentic AI As The Next Valuation Driver? Apple has been […]
Fed’s Schmid Warns Inflation Is ‘Too Hot,’ Energy Shock May Not Be Temporary
The President of the Federal Reserve Bank of Kansas City, Jeffrey Schmid, has raised concerns that the ongoing energy shock may not be as short-lived as expected, considering the existing high inflation rates. During a conference in Iceland on Friday, Schmid expressed, “My primary concern is inflation, which is too hot and has been above target for too long.” He further emphasized his […]
Taiwan Semiconductor Stock Hits 52-Week High – Here’s Why
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) climbed in Wednesday premarket trading as investors continued piling into AI-linked semiconductor stocks following fresh demand signals tied to Taiwan’s expanding role in the global AI infrastructure buildout. NVIDIA Highlights Taiwan’s Growing Role In AI Infrastructure Taiwan Semiconductor stock rose in premarket trading after NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen […]
Cathie Woods’ 21Shares Has A New ETF—And It’s In Big Demand
21Shares’ new Hyperliquid ETF pulled more than $5 million in inflows within days of launch and generated $8 million in trading volume Thursday alone. Strong Early Demand Signals Appetite For Always-On Trading Eli Ndinga, global head of research at 21Shares, explained that Hyperliquid’s appeal comes from letting traders access crypto, oil, silver, and gold markets […]
This Analyst Is ‘Wholeheartedly’ Buying NVIDIA Into Earnings
NVIDIA Corporation (NASDAQ:NVDA) remained at the center of investor attention Monday as Wall Street analysts focused on China-related developments, upcoming earnings, artificial intelligence demand strength and the chipmaker’s dominant position in the global semiconductor ecosystem. Cantor Fitzgerald Remains Bullish On NVIDIA Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating and a $350 price forecast […]
What’s Going on with Nokia Stock on Friday?
Nokia Corporation (NYSE:NOK) shares are down Friday, trading lower by more than 5% as the company faces a legal setback following a ruling in the UK regarding patent licensing disputes. This decline comes after a British appeals court sided with Taiwanese electronics makers Acer and Asus, halting ongoing litigation over fair patent licensing terms, a […]
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Elon Musk Reacts After EV Enthusiasts Take Cybertruck Driving From Florida To Arctic Ocean: ‘Cool’
September 4, 2024
Four Tesla Inc enthusiasts made it to the Arctic Ocean in their Cybertrucks on Tuesday from Florida to much applause from the company and its billionaire CEO Elon Musk. What Happened: Justin Demaree, Rafael Santoni, Nancy, and Gary Mark on Tuesday made it to the Arctic Ocean in two Cybertrucks covering 5500 miles on the […]
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