Category Archive: Finance, No picture
Shopify Stock Jumps 25% To Hit Yearly High – Here’s What Drove The Surge
Image Source: Unsplash Shares of Shopify (SHOP) soared more than 25% on Tuesday, marking their best trading day in a year after the e-commerce giant reported a robust third-quarter revenue increase.Shopify posted revenue of $2.16 billion, a 26% year-over-year increase, surpassing the FactSet consensus estimate of $2.1 billion.This marks the sixth consecutive quarter in which Shopify’s […]
Euphoric? Don’t Forget Money Management
Image Source: Unsplash Mish and Geoff cover profit taking tips dissecting ARKK fund.Video Length: 00:33:10More By This Author:Bonds Like Fed FOMC Days, But The Joy Fades Quickly Leader Led, Laggards Fell, Is Momentum The Tell? Double Bottom Leaders
Dressing For Success: Why Apparel Stocks Could Be A Holiday Season Winner
Image Source: Unsplash As the holiday season approaches, investors may want to consider adding apparel and clothing retailer stocks to their portfolios. This sector often sees a boost during the holiday shopping season, as consumers seek out festive attire and gifts for loved ones. Let’s delve into three potential investment opportunities within this space: American Eagle Outfitters (AEO), […]
The Greatest Crypto Bull Market Has Just Begun
Image Source: Unsplash Crypto is about to enter its “iTunes” phase.All technological revolutions follow two phases: The initial breakthrough phase, which occurs before social/legal frameworks are in place. The “normalization” phase during which social/legal frameworks are implemented giving the technology a societal and financial legitimacy. If you need a real-world example of this, think of the […]
Canary Capital files S-1 for Hedera HBAR spot ETF
Key Takeaways Canary Capital filed an S-1 registration for a new ETF providing regulated HBAR exposure. Security measures for the HBAR ETF include cold storage with 24/7 monitoring and multi-authentication. Share this article Canary Capital has filed an S-1 registration statement for a new HBAR ETF, aiming to provide investors with exposure to Hedera’s HBAR […]
Amazon steps up AI chip development to cut dependence on Nvidia
Key Takeaways Amazon is developing Trainium 2 AI chips to reduce reliance on Nvidia. Amazon’s capital spending is expected to rise from $48.4 billion to $75 billion in 2024. Share this article Amazon is developing new artificial intelligence chips to boost returns on its semiconductor investments and reduce dependency on Nvidia, as reported by the […]
Space, Tesla, And Tech: Key Picks In The Trump Trade Era To Watch Now
In a volatile trading environment post-Trump election, the market landscape has been characterized by strong uptrends in specific sectors, notably technology and cryptocurrency. Over the past few days, we’ve seen extraordinary movement in key stocks, with Tesla and Bitcoin emerging as focal points. However, today brings a notable pullback, hinting that recent gains may take […]
Weekly Precious Metals Update – Gold Got Trumped
As expected, Donald Trump’s victory in the recent U.S. presidential election has triggered a rally in equities, Bitcoin, and the U.S. dollar, creating significant headwinds for gold and silver prices. Gold has dropped over 4% since Trump’s election, while silver has fallen USD $3 per ounce, or 9%. This reaction from the metals market should come […]
Unlocking ASX Trading Success: QBE Insurance Group Limited
ASX: QBE Insurance Group Limited – QBE Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with QBE Insurance Group Limited – QBE. We see QBE continuing to rise with wave (iii)-orange, and then continuing with wave (v)-orange.ASX: QBE Insurance Group Limited – QBE 1D Chart (Semilog Scale) AnalysisFunction: […]
What a US Strategic Bitcoin Reserve could look like under Trump’s presidency
Key Takeaways Trump’s campaign promise of a US Bitcoin reserve raises questions on its potential impact and implementation. Senator Cynthia Lummis’s Bitcoin Act proposes a strategic reserve, outlining an ambitious plan for the government to acquire up to 1 million BTC over five years. Share this article With Donald Trump’s recent election as President of […]
