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Crypto Restaking: A complete guide for beginners

Crypto Restaking: A complete guide for beginners

What is restaking in crypto?Restaking is a way to make your crypto work harder for you. Here’s what you need to know: It starts with regular staking, where you lock up your crypto to help secure a blockchain network. With restaking, you take those already staked coins and use them again. But here’s the cool […]
Dow Up Over 450 Points As Big Tech Stocks Bounce

Dow Up Over 450 Points As Big Tech Stocks Bounce

Stocks are higher as the market rebounds from a staggering global selloff. The Dow Jones Industrial Average (DJI) is up more than 450 points at last glance, while the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) boast solid gains of their own. Big Tech stocks are in recovery mode after Japan’s Nikkei bounced from its worst day […]
U.S. Isn’t In Recession Now, But Downturn Risk May Be Rising

U.S. Isn’t In Recession Now, But Downturn Risk May Be Rising

Judging by the current numbers, the US expansion almost certainly endures. There are well-founded concerns that the tide may be turning, but that’s still a speculative call. By comparison, published numbers to date, overall, speak clearly: growth still has the upper hand. That’s not written in stone, of course, but for this specific point in […]
Credit Conditions In Q2 Improved

Credit Conditions In Q2 Improved

The Senior Loan Officer Survey, the premier quarterly measure of the loose- or tight-ness of bank lending, was published yesterday for Q2. And since lending conditions are a long leading indicator for the economy, and several of the metrics contained in this release have a good and lengthy track record, let’s take a look.And to […]
Stocks To Watch Today: Palantir, Nvidia, And UBER

Stocks To Watch Today: Palantir, Nvidia, And UBER

Image courtesy of 123rf.com In a volatile market, three tech giants are making waves on Wall Street today: Palantir Technologies (NYSE: PLTR), NVIDIA Corporation (Nasdaq: NVDA), and Uber Technologies (NYSE: UBER). Each company has seen significant stock movement following recent announcements, analyst upgrades, or earnings reports. As of 10:51 AM EDT, all three stocks were trading […]
Diego Oliva resigns as CEO of Starknet Foundation

Diego Oliva resigns as CEO of Starknet Foundation

Key Takeaways Diego Oliva has resigned as CEO of Starknet Foundation, having led significant growth and project initiations. James Strudwick, with a strong background in Web3, takes over as the new CEO. Diego Oliva has stepped down from his role as CEO of the Starknet Foundation after one year and a half of dedicated service, […]
Elliott Wave Technical Analysis: Natural Gas – Tuesday, Aug. 6

Elliott Wave Technical Analysis: Natural Gas – Tuesday, Aug. 6

Photo by American Public Power Association on Unsplash  Natural Gas Elliott Wave AnalysisNatural gas continues to show signs of a persistent bearish trend, having declined by about 40% in 2024 alone. This downtrend is expected to deepen in the coming weeks. After a strong recovery from the February 2024 low, natural gas has retraced more than two-thirds of those […]
Meta Unveils Long Term AI Use Case Potential

Meta Unveils Long Term AI Use Case Potential

Photo Credit: Marco Paköeningrat/Flickr.com  Meta (Nasdaq: META), formerly Facebook, announced its quarterly results last week that outpaced market expectations. The market is also buoyed by the longer term vision for AI that Meta shared across its product portfolio.  Meta’s FinancialsMeta’s Q2 revenues grew 22% to $39.07 billion, ahead of the Street’s expected $38.31 billion. This was […]
S&P 500 Earnings Dashboard 24Q2 – Tuesday, Aug. 6

S&P 500 Earnings Dashboard 24Q2 – Tuesday, Aug. 6

Image Source: Pexels  S&P 500 Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 13.7%. Excluding the energy sector, the Y/Y earnings estimate is 14.6%. Of the 404 companies in the S&P 500 that have reported earnings to date for 24Q2, 79.5% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q2 Y/Y blended revenue growth estimate is 5.5%. If the energy sector is […]
Solana Price: Is The Recent Intraday Recovery A Positive Sign Or A Red Flag?

Solana Price: Is The Recent Intraday Recovery A Positive Sign Or A Red Flag?

Image Source: Freepik  On August 5th, 2024, the price of Solana (SOL) experienced an intraday swing of 21%, marked by a significant drop followed by a strong recovery.While this ‘dump and pump’ scenario might seem encouraging, the ongoing ‘volatility window’ suggests caution.Despite Solana closing above the crucial $122 mark, this alone does not provide sufficient assurance […]