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Search found 18 matches
- Mon Jan 15, 2024 9:26 am
- Forum: Crypto
- Topic: SEC at long last approves spot bitcoin ETFs
- Replies: 0
- Views: 75334
SEC at long last approves spot bitcoin ETFs
The U.S. Securities and Exchange Commission approved 11 spot bitcoin exchange-traded products on Wednesday after years of rejecting ETF applications. "Importantly, today's Commission action is cabined to ETPs holding one non-security commodity, bitcoin (BTC-USD). It should in no way signal the ...
- Wed Sep 20, 2023 7:31 am
- Forum: Stocks
- Topic: The red-hot chipmaker is still the best-in-breed play on the booming AI market.
- Replies: 2
- Views: 5268
The red-hot chipmaker is still the best-in-breed play on the booming AI market.
Nvidia's (NVDA -1.01%) stock has more than tripled since the beginning of the year. That rally was driven by the explosive growth of the artificial intelligence (AI) market, since its data center GPUs are widely used to process advanced AI tasks. However, investors might be reluctant to invest in ...
- Wed May 31, 2023 10:06 am
- Forum: Stocks
- Topic: Nvidia is now worth almost as much as Amazon, and that puts gamers in a tough spot
- Replies: 0
- Views: 4026
Nvidia is now worth almost as much as Amazon, and that puts gamers in a tough spot
Nvidia is now one of only six companies worth more than $1 trillion. It joins the list among Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon, marking a significant milestone as Nvidia rides a wave of generative AI brought on by ChatGPT.
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- Thu Apr 06, 2023 2:08 pm
- Forum: Forex
- Topic: Unemployment Insurance Weekly Claims
- Replies: 0
- Views: 3364
Unemployment Insurance Weekly Claims
In the week ending April 1, the advance figure for seasonally adjusted initial claims was 228,000, a decrease of 18,000 from the previous week's revised level. The previous week's level was revised up by 48,000 from 198,000 to 246,000. The 4-week moving average was 237,750, a decrease of 4,250 from ...
- Tue Dec 27, 2022 9:17 am
- Forum: Crypto
- Topic: 10 Predictions for the Future of Crypto in 2023
- Replies: 0
- Views: 3929
10 Predictions for the Future of Crypto in 2023
What does the next year hold for crypto? We’ve rounded up predictions from smart people in the space – from the bullish to the skeptical. Think back to one year ago. Bitcoin traded at around $50,000, you couldn’t watch sports without seeing a crypto advertisement, and you could get rich – or at leas ...
- Tue Dec 27, 2022 9:07 am
- Forum: Forex
- Topic: FX Outlook 2023: The dollar’s high wire act
- Replies: 0
- Views: 4080
FX Outlook 2023: The dollar’s high wire act
The dollar is tumbling from multi-decade highs. Calling the FX market in 2023 requires taking a view on the Federal Reserve, the war in Ukraine, China, and the overall investment environment. We suspect that the dollar can stay stronger for a little longer. But the main message in our 2023 FX ...
- Tue Dec 27, 2022 9:02 am
- Forum: Stocks
- Topic: What Did You Learn This Year?
- Replies: 0
- Views: 3498
What Did You Learn This Year?
We’re a few weeks away from closing the book on 2022. Wow, what a rollercoaster year for the financial markets. New participants received a valuable education on how inflationary forces can alter asset relationships. Growth equity investors severely underperformed, as higher rates proved to be too m ...
- Mon Oct 31, 2022 8:20 am
- Forum: Stocks
- Topic: Twitter Loses its Most Active Users and Struggles to Keep Others: Report
- Replies: 0
- Views: 5503
Twitter Loses its Most Active Users and Struggles to Keep Others: Report
In Brief The 10% of "most active" users represent 90% of Twitter activity Twitter's internal report (seen by Reuters) says they know about the situation but don't want to make it public Months ago, Elon Musk said that the social network "was dying." Twitter is struggling to maintain its strongest ...
- Mon Oct 31, 2022 8:13 am
- Forum: Crypto
- Topic: 3 Biggest Crypto Predictions for November 2022
- Replies: 0
- Views: 3694
3 Biggest Crypto Predictions for November 2022
In Brief Crypto market sudden gains opened the doors for bullish speculations going into the month of November. BTC price breaking above the $23,900 mark in November could aid the uptrend to the $30,000 resistance level. The altcoin market cap seemed to be charting a recovery from the lower $900 ...
- Fri Oct 07, 2022 7:08 am
- Forum: Stocks
- Topic: Tesla Is Not Stomping But We Do Have A Bullish Number (Technical Analysis)
- Replies: 0
- Views: 8276
Tesla Is Not Stomping But We Do Have A Bullish Number (Technical Analysis)
Summary
- Tesla was in a bearish wave pattern before its stock split in August.
- With this, the popular equity now in a potential bullish wave structure.
- We will look at both how to gain a future price reading while identifying a number for a bullish case for Tesla.