Cryptocurrency markets continue to bleed, with the FOMC meeting and poor ETF performances in the U.S. and Hong Kong weighing heavy on the markets. What Happened: Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) started…
Elon Musk‘s longtime supporter, Cathie Wood, founder of Ark Investment Management, doubled down on her praise for the Tesla, Inc. (NASDAQ:TSLA) CEO. This time, she lauded the company’s decision to ramp up investment in artificial intelligence. What Happened: “At a time when many companies are…
As the “meme coin supercycle” chugs on, several traders have chipped in with lofty price predictions about which meme coins could net traders massive gains. What Happened: Pseudonymous cryptocurrency influencer Crash, who famously turned $15,000 into over $5 million with…
On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended selling Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR). “I like PBR the beer more than I like PBR the oil company,” he added. Cramer recommended buying Enterprise Products Partners L.P. (NYSE:EPD). On…
Wall Street appears to be shrugging off rate worries as major stock index futures were moderately higher in early pre-market trading on Monday in the hopes of getting some respite from Big Tech earnings. Oversold conditions could be attracting bargain hunters…
Shares of Netflix, Inc. (NASDAQ:NFLX) fell sharply in after-hours trading on Thursday following its first-quarter earnings release. Fund manager Gary Black and tech venture capitalist Gene Munster weighed in with their takes on the report. The company reported first-quarter earnings, revenue, and subscriber numbers that all beat estimates. However,…
Netherlands-based critical chipmaking firm ASML Holding NV (NASDAQ: ASML) reported a fiscal first-quarter 2024 net sales of €5.29 billion, down 21.6% year-on-year. In USD, sales of $5.75 billion missed the consensus of $6.13 billion. Net bookings for the first quarter were €3.61 billion, compared…
Wedbush Securities analyst Daniel Ives predicts a seismic shift in IT spending towards AI and related technologies. He estimates that such purchases will account for 8%-10% of IT budgets in 2024, a big jump from less than 1% in 2023.…
Prominent cryptocurrency analyst Willy Woo suggests a potential Bitcoin (CRYPTO: BTC) could take the apex crypto to between $71,000 and $75,000 due to short liquidations. What Happened: According to Woo, Bitcoin is currently teetering on a critical support level at…
Cryptocurrency exchange OKX has announced the listing of two popular Solana (CRYPTO: SOL) meme coins, Dogwifhat (CRYPTO: WIF) and Cat in a Dog’s World (CRYPTO: MEW). What Happened: This move comes as meme coins continue to surge in popularity, with…
