December 2024 - Page 43 of 147 -

Potential Shift To AI Sends Bitcoin Miner’s Stock Up 10%

Dec 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Shares of Riot Platforms (Nasdaq: RIOT) were moving higher Friday after the news broke that the Bitcoin mining firm could be expanding operations into AI data centers.The Wall Street Journal reported Friday that Starboard Value, an activist investor, had recently taken a significant stake in Riot Platforms, the largest U.S. Bitcoin miner in the U.S. by number […]

The Market Is Breaking Bad

Dec 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash It’s not looking great for the bulls – not that I’m complaining. Divergence continues to grow – weekly gains for the Nasdaq, losses for the Dow 30 and S&P 500.The advance/decline line of what’s going up versus what’s going down continues to decline. The usual suspects in the Magnificent Seven were dead today […]

Solana Price On The Rise: Key Resistance At $235 Could Spark Major Breakout

Dec 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Over the past week, the Solana price has reflected broader market trends, experiencing a slight decline of 1.3% in the last 24 hours. This decrease has led SOL to retest a crucial support level at $226. Despite this recent dip, experts believe that a successful breach of the $235 resistance could signal a […]

24 Information Technology Companies With Strong Value Fundamentals

Dec 13, 2024 Jeremy Parkinson Finance, No picture 0

Information TechnologyToday’s video on Information Technology companies is another in the continuing series of videos where we are looking for value in each of the 10 major sectors as reported by Standard & Poor’s. This particular video is going to be on the Technology Sector. We are looking for value in Information Technology companies because […]

Fed Interest Rate Cuts Are Hurting Long-Term Bonds And Mortgage Rates

Dec 13, 2024 Jeremy Parkinson Finance 0

Data from US Treasury, Chart by MishYields through December 12 are end-of-day from the US Treasury. December 13 is a current real-time quote.Today, the yield on the 10-year note is up 8 basis points (0.08 percentage points). The yield on the 30-year long bond is up 7 basis points, and the yield on the 3-month […]

Dow, S&P 500 Fall For The Week; Nasdaq Rides Broadcom Wave

Dec 13, 2024 Jeremy Parkinson Finance 0

Stocks were a mixed bag Friday. The Dow logged its seventh consecutive daily loss and a weekly drop, while the S&P 500 snapped a three-week winning streak. Elsewhere, the Nasdaq finished the week higher, the only index to do so thanks to Broadcom (AVGO) crossing the $1 trillion market cap.With inflation data in the rearview mirror, Wall […]

A “Spectacular Implosion” In Stocks Is Due Once The Euphoria Ends

Dec 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels As we prepare to enter a new year, there’s a revived optimism on Wall Street.Excited in part by the pro-business policies of the incoming Trump administration, stocks are back to trading at record highs and investor and business confidence is rising.But that said, the average American household is still struggling under a high […]

BTC Report: Institutional Interest Grows As Bitcoin Hits Yearly High Amid Market Shifts

Dec 13, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Bitcoin (BTC), the leading cryptocurrency, continues to capture the attention of investors and analysts alike as its price hovers around the $100,000 mark. Recent market movements have shown steady but cautious optimism, with Bitcoin’s price experiencing a slight increase to $100,305.48. Despite the ongoing fluctuations, the cryptocurrency has reached new heights this […]

Trump’s Economic Policies: The Good, The Bad, And The Uncertain

Dec 13, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay The US economy is ultimately driven by millions of people working hard to create and trade goods and services, but the US federal government can impact the economy in three main ways: 2) fiscal and regulatory policy: impacts production and who benefits and loses; 2) foreign policy and war: impacts production, life, and […]

Nasdaq expected to announce MicroStrategy’s inclusion in Nasdaq-100 today

Dec 13, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways MicroStrategy is likely to be included in the Nasdaq-100 index, pending its classification as a technology company. ETFs tracking the Nasdaq-100 may need to buy MicroStrategy shares if included, impacting its stock trading. Share this article Nasdaq is expected to announce its annual reconstitution of the Nasdaq-100 index today, which could result in […]