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Archives by Year:
ETH Explodes On Rumours Of SEC Reconsidering Spot Ethereum ETF
Image Source: Unsplash Ethereum (ETH) has surged to new heights on the back of rumors suggesting that the U.S. Securities and Exchange Commission (SEC) may be reconsidering its stance on approving a spot Ethereum exchange-traded fund (ETF).At press time ETH was trading above $3,500 after a 15% surge. ETH/USDT price chartThis surge in ETH price, coupled with […]
Dow Dips Below 40,000
It was perhaps a little premature to pop the champagne on the Dow break of 40,000, but it looks like it will be a few more days before the psychological 40K level in the rearview mirror. Today’s losses were not excessive and didn’t reverse the breakout, but there is the potential for a longer move […]
Forget Nvidia And SMCI, These Utility Stocks Can Be The Next Big Winners
Image Source: Pixabay Nvidia and Supermicro have been all the rage in financial markets this year.But if neither of the two are suitable for the limited capital you have to invest or if you think it’s already too late to build a position in them, here are the top three utility stocks that could be the next big […]
Mapped: The Top Export In Each EU Country
The European Union (EU) exports over $6 trillion in products annually. The bloc boasts a diversified economy that encompasses fuel and mineral industries, cars, vaccines, and technology.In this map, we display European Union countries’ top exports as of 2022. Data for the map was sourced from The Observatory of Economic Complexity. Cars and Petroleum Dominate EU Exports Belgium, […]
How Wall Street Priced You Out Of A Home
Image Source: UnsplashVideo Length: 00:04:24 Rent is skyrocketing and home buying is out of reach for millions. One big reason why? Wall Street.Hedge funds and private equity firms have been buying up hundreds of thousands of homes that would otherwise be purchased by people. Wall Street’s appetite for housing ramped up after the 2008 financial crisis. As you’ll recall, the Street’s excessive greed […]
How Biden’s New Tariffs On China Could Impact The U.S. Auto Industry
Image Source: Unsplash The Biden administration announced significant tariff increases on China last week, targeting roughly $18 billion in strategic industries, with a sharp focus on electric vehicles (EVs). These tariffs, which quadruple to 100% on Chinese-made EVs, are designed to counter China’s unfair trade practices and overcapacity while boosting U.S. industries. The move also aims […]
Bitcoin punches above $70K, on brink of second breakout in months
Bitcoin has once again breached the $70,000 mark, reaching $70,225 per coin for the first time in over a month, marking its highest level since April 12.The 6% surge in 24 hours, as reported by CoinGecko, highlights a strong bullish sentiment from investors flooding newly approved spot Bitcoin exchange-traded funds (ETFs) with capital. The recent […]
Palo Alto Networks Reports 15% Growth In Q3 Revenue: Stock Is Still Losing
Image Source: Unsplash Palo Alto Networks Inc (Nasdaq: PANW) is trading down in extended hours on Monday even though it came in ahead of Street estimates for its third financial quarter. Palo Alto Networks stock down in muted guidance Investors are concerned because PANW issued somewhat of a muted guidance for the future. The cybersecurity company forecasts its […]
Nasdaq Scores Record Close As Tech Stocks Soar
The Nasdaq held onto its midday triple-digit lead, closing at a new record high thanks to a resurgent tech sector. The S&P 500 logged a modest win of its own — and closed two-hundredths of a point (0.02) from a record close — while the Dow lagged the broader market with a 196-point loss. Against this […]
ETFs To Bet On Analysts’ Bullish Forecast For S&P 500
Image Source: Pixabay The S&P 500 Index topped the 5,300 milestone last week for the first time ever, underscoring strong confidence. The latest rally is driven by new bets for rate cuts as soon as September after April inflation data cools for the first time in six months. Traders now see a 68% chance of the […]
