Category Archive: Finance, No picture
The Weekender: US Equity Markets Shine As Shoppers Steal The Spotlight
Image Source: UnsplashMARKETSOn Friday, the S&P 500 and Nasdaq Composite soared to new intraday highs, buoyed by November jobs data that struck a perfect balance—strong enough to signal a healthy economy but not too robust to sway the Federal Reserve from its anticipated rate cut later this month.The latest jobs report landed near economists’ predictions, suggesting […]
Sector Defections Leave The Markets At A Crossroads
Image Source: Unsplash This is a weird market – and not funny “weird”, It’s like a really impressively tall house of cards with a super-shaky foundation.Traders are clearly bullish about AI (what else is new?), the possibility of rate cuts, and earnings.But we’ve been hitting these all-time highs on the back of some of the most […]
Bitcoin Breaks New All Time High Over $100,000
Image Source: Unsplash Bitcoin has reached a brand new all-time high, surpassing the $100,000 mark for the first time.The world’s leading cryptocurrency saw its value surge amid optimism that US President-elect Donald Trump might introduce crypto-friendly policies.This historic achievement came just hours after Trump announced his plan to nominate former SEC commissioner Paul Atkins to lead the […]
Yellen calls for stronger crypto oversight in final financial report before Trump takes office
Key Takeaways Yellen calls for stronger crypto oversight in FSOC’s final report before Trump’s term. Trump’s pro-crypto appointments, including David Sacks as “Crypto Czar” and Scott Bessent as Treasury Secretary, signal a potential shift toward lighter regulation. Share this article Treasury Secretary Janet Yellen has called for stronger oversight of crypto and stablecoins in the […]
Ripple’s stablecoin launch delayed but still possible by year-end
Key Takeaways Ripple’s stablecoin, RLUSD, is set to debut by the end of the year despite potential delays. Ripple’s XRP retraces 15% this week, but Trump’s inauguration could set the stage for 2025 growth. Share this article Ripple’s long-anticipated stablecoin, Ripple USD (RLUSD), may face delays but could still launch before the end of 2024, […]
As Bitcoin Trades Above $100K – Analysts Reveal What Could Be Next
Image Source: Unsplash Bitcoin has achieved a major milestone, trading at six-figure levels for the first time since its inception. On Thursday, the cryptocurrency reached a new all-time high of $103,679, marking a year-to-date surge of over 140% and pushing its market capitalization above $2 trillion.This achievement has reignited enthusiasm within the investor community, solidifying Bitcoin’s position as […]
Consolidated Edison, Inc. (ED) Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of Consolidated Edison, Inc. (ED). Below are some highlights from the above linked analysis:Company Description: Consolidated Edison, Inc. is an electric and gas utility holding company that serves parts of New York, New Jersey, and Pennsylvania.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along […]
Similarweb – Data Analytics Expert
Image Source: Unsplash Summary Similarweb shows strong technical buy signals, with a 41.81% gain since 11/7 and a 163.18% gain in the last year. The company offers comprehensive digital intelligence solutions across various sectors, including retail, finance, and media, with significant revenue and earnings growth expected. Analysts provide strong buy ratings with a consensus price target […]
Ethereum hits 4K as weekly ETF inflows exceed $1 billion
Key Takeaways Ethereum surged past $4,000 with over $1 billion in ETF inflows during the past week. Ethereum’s latest surge prompts $11M in liquidations amid renewed market activity. Share this article Ethereum, the second-largest crypto by market capitalization, has surged past the $4,000 mark, a level it last reached in May 2024, driven by strong […]
Daily Stock Picks: Holistic Insights For Smart Trades Today
Image Source: Unsplash As the markets gear up for another trading session, the spotlight remains on key stock performances and macroeconomic trends. Today’s pre-market analysis revealed a strong risk-on sentiment fueled by tax deferral strategies and robust earnings reports. Watch the full pre-market prep video here. Below, we summarize the macro landscape and dive into the […]
