Category Archive: Finance, No picture
FTSE Heads For A Hat-Trick Of Monthly Gains
Image Source: Pexels London stocks saw a slight increase on Friday, heading for a third consecutive month of gains as investors digested inflation reports from Europe and the U.S., the FTSE 100 index, a blue-chip, rose by 0.3%. Despite experiencing a third week of declines, the index is still 1.4% higher for the month of May, […]
Large Caps Versus Small Caps: What Should You Trade?
Image Source: Unsplash Should you trade large-cap or small-cap stocks in the stock market? I’ll explore the unique characteristics, advantages, and risks associated with each category and how the stock market treats each.What You’ll Learn: – Key differences between large-cap and small-cap stocks – Liquidity, volatility, and growth potential of each category – Market cycles and how […]
21.co debuts Wrapped Bitcoin on Solana, targeting $1 trillion in idle Bitcoin funds
Crypto services provider 21.co has announced its Wrapped Bitcoin token on the Solana, called 21BTC. This move is set to bridge Bitcoin with Solana’s smart contract capabilities, enhancing liquidity and utility across networks. The announcement adds that tokens “will play a crucial role in the digital transformation of capital markets,” but the on-chain interoperability is […]
Futureproof Yourself: Enter the World of Cutting-Edge Tech with XERAPRO
The digital age is hurtling forward at breakneck speed. New technologies are emerging seemingly every day, transforming industries and reshaping the global landscape. In this dynamic environment, staying ahead of the curve is paramount. So, how do you navigate the evolving technological terrain and equip yourself with the skills and knowledge to succeed?This is where […]
Vitalik Buterin reflects on Bitcoin’s block size debate and its impact to Ethereum
Vitalik Buterin, co-founder of Ethereum, has shared his reflections on the Bitcoin block size war, a heated debate that took place within the Bitcoin community between 2015 to 2017.The conflict centered on whether to increase the block size limit to accommodate more transactions, thereby reducing fees and enhancing Bitcoin’s utility as a payment system. Buterin […]
S&P 500 Earnings Dashboard 24Q1 – Friday, May 31
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 11.1%. If the energy sector is excluded, the growth rate for the index is 11.2%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. […]
Europol shuts down malware dropper ring linked to at least $75M in stolen crypto
In a coordinated effort spanning multiple countries, Europol has carried out Operation Endgame, a large-scale crackdown on the malware dropper ecosystem. The operation, led by France, Germany, and the Netherlands, was conducted between May 27 and 29, 2024, and targeted various malware droppers, including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee, and Trickbot.Investigations revealed that one of […]
Elliott Wave Technical Analysis: Meta Platforms Inc. – Friday, May 31
Image Source: Unsplash META Elliott Wave Analysis Trading Lounge Daily Chart,Meta Platforms Inc., (META) Daily ChartMETA Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 2. DIRECTION: Upside in 3 of (5).DETAILS: Looking for a bottom in place in wave (4), looking to start trading above TL5 at 500$.META Elliott Wave Analysis Trading Lounge 4Hr Chart,Meta Platforms Inc., (META) 4Hr […]
Italian GDP Growth Confirmed As Demand Breakdown Adds Upside Risks For 2024
Image Source: Pexels The demand breakdown shows that inventory changes heavily dragged on domestic demand in Italy in the first quarter. Normalization on this front would add upside risks to our projected growth profile The revised release of Italian GDP data for the first quarter of 2024, which now includes the demand breakdown, helps shed some light on […]
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: CSL Limited
Image Source: Unsplash ASX: CSL LIMITED – CSL Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with CSL LIMITED – CSL. We’ve identified that wave ((ii))-navy has recently bottomed out, and wave ((iii))-navy is now unfolding to push significantly higher.ASX: CSL LIMITED – CSL Elliott Wave Technical Analysis ASX: CSL […]
