Author Archive: Jeremy Parkinson
Cloud Stocks: Veeva Accelerates AI Initiatives
Image Source: Pixabay Veeva’s (NYSE: VEEV) recently announced quarterly results continue to impress the market. Veeva is adding AI capabilities to several of its offerings as it continues to successfully migrate its customers over to Vault CRM. Veeva’s Financials Veeva’s second quarter revenues grew 13% to $699.2 million, ahead of the Street’s forecast of $684.4 million. […]
BTC Report: Market Cap Remains Strong At $1.9 Trillion Amid Price Volatility
Image courtesy of 123rf.com Bitcoin (BTC) continues to navigate the complexities of the financial markets, with the flagship cryptocurrency facing price fluctuations and being intertwined with various global economic and political events. This article delves into the latest market movements and noteworthy news shaping the landscape of Bitcoin and its related technologies. Bitcoin’s Market Cap. Stands […]
Why Quantum Computing Will Dominate 2025 Markets
You’re going to be hearing a LOT about quantum computing in 2025.Quantum computing is a type of computing based on quantum mechanics. Experts believe it to be the next generation in computing. It is highly complicated and capable of handling problems that traditional computers cannot. And by the look of things, it’s going to be the […]
Efficient Market?
Shares of Alphabet (GOOGL) are trading up over 4% this morning, and outside of an earnings report, it would be the largest upside gap for the stock since March. This morning’s gap higher is also poised to take out short-term resistance from the post-election highs, putting the stock at its highest level since mid-July. So […]
Italy’s government to drop plans to implement a 42% tax on crypto trading: report
Key Takeaways Italy plans to reduce the proposed crypto capital gains tax from 42% due to industry pushback and political disagreement. An amendment has been proposed to limit the tax increase to 28% instead of the initially planned 42%. Share this article The Italian government will drop plans to increase the tax on crypto capital […]
FTSE In The Red As Copper Price Pressure Miners
The FTSE 100 index in the UK declined on Tuesday as mining stocks dropped, and Ashtead’s shares fell after the company cautioned about lower-than-anticipated annual profits and announced plans to shift its primary listing from London to New York. The blue-chip FTSE 100 decreased by 0.5%, while the midcap FTSE 250 is also in the […]
Small Business Optimism Shows Biggest Monthly Increase In Its 38 Year History
National Federation of Independent Business (NFIB) small business optimism soared in November, hitting 101.7 (street was expecting 94.7). The index has risen for a 3rd consecutive month, and 7 out of the last 8 months. A reading of 101.7 is the highest in 41 months, and marks the first time since December 2021 that the […]
Microsoft shareholders reject proposal to add Bitcoin to balance sheet
Key Takeaways Microsoft shareholders rejected a proposal to add Bitcoin to its balance sheet. The proposal was declined due to concerns about Bitcoin’s volatility. Share this article Microsoft shareholders voted against a proposal to explore adding Bitcoin to the company’s balance sheet during its annual meeting. The proposal, introduced by the National Center for Public […]
Chinese Central Bank Resumes (Official) Gold Purchases China Likely Has More Gold Than Reported
After a six-month pause, China’s central bank officially resumed gold purchases in November. According to data released by the People’s Bank of China, it added about five tons of gold to its reserves in November. China was the biggest central bank gold buyer in 2023, but it stopped announcing increases to its reserves in May. Even with the […]
Unlocking ASX Trading Success: Amcor Plc
AMCOR PLC – AMC Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with AMCOR PLC – AMC. We see ASX:AMC possibly pushing a little lower in the short term, then possibly starting to push higher with a 3-grey wave.AMCOR PLC – AMC 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Intermediate degree)Mode: […]
