Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector’s future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open…
Almost every day, we hear about economic data, financial news, a policy move, a geopolitical event, or some other development that presents a new headwind to the stock market. Rising inflation, higher interest rates, natural disasters, tariffs, war breaking out between our trading…
NIO Inc. (NYSE:NIO) shares are trading higher in the premarket session on Friday. The company announced a breakthrough in aluminum alloy technology, in which it has developed a self-hardening aluminum alloy for high-pressure die casting, already used in the body-in-white…
Advanced Micro Devices Inc (NASDAQ:AMD) is at the center of the AI-fueled semiconductor boom, and traders now have fresh tools to ride—or short—the wave. Direxion has launched two new single-stock leveraged and inverse ETFs: Direxion Daily AMD Bull 2X Shares…
The AI server boom that once had investors piling into U.S.-branded server stocks is losing steam, and Wall Street isn't thrilled. JPMorgan analyst Samik Chatterjee sees mounting near-term challenges for Dell Technologies Inc (NYSE:DELL) and Hewlett Packard Enterprise Co (NYSE:HPE),…
Despite massive token burns, Bonk (CRYPTO: BONK) is down 30% over the past week. CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendBonk (CRYPTO: BONK)$0.00001755 $1.35 billion-0.3% -32% Floki (CRYPTO: FLOKI) $0.00009063$871 million-2% -31.1%Dogwifhat (CRYPTO: WIF) $0.7421$741.4 million-5% -39.8% Trader Notes: Crypto trader Nebraskangooner notes that Bonk's chart forming a "squiggly line"…
Electronic Arts Inc (NASDAQ:EA) shares are trading higher premarket on Wednesday after the company reported third-quarter revenue of $1.883 billion, beating the consensus of $1.654 billion. Net bookings reached $2.215 billion, missed the consensus estimate of $2.325 billion. Read: Electronic Arts Set To…
AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading higher premarket on Friday. On Thursday, the company received Special Temporary Authority (STA) from the Federal Communications Commission (FCC) to conduct testing in the U.S. This approval allows AST SpaceMobile’s first five commercial…
International Business Machines Corp (NYSE:IBM) will be reporting its fourth-quarter earnings on Wednesday. Wall Street expects $3.75 in EPS and $17.54 billion in revenues as the company reports after market hours. The stock is up 20.58% over the past year,…
Nucor Corporation (NYSE:NUE) will release its fourth-quarter financial results, after the closing bell, on Monday, Jan. 27, 2025. Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 63 cents per share, down from $3.16 per share in…
