As former President Donald Trump prepares to speak this week at the Bitcoin 2024 conference in Nashville, the big event is creating the most excitement in the crypto community. Bitcoin USD (BTC) has surged more than 9% over the past month and nearly 58% year-to-date, crossing the $66,500 mark and nearing its all-time high set ..read more

CrowdStrike Holdings, Inc. (CRWD) experienced a steep decline in its stock price last Friday following a software update that triggered widespread technical outages. This mishap couldn't have come at a worse time for the company, as it is about to close its fiscal quarter at the end of this month, a period when software companies ..read more

The expected record spending on infrastructure by cloud computing leaders such as Microsoft Corporation (MSFT) and Amazon.com, Inc. (AMZN) this year highlights the escalating investments in artificial intelligence (AI) data centers, a trend likely to benefit chipmakers significantly. Bank of America (BofA) analysts forecast that cloud service provider capital expenditures will reach $121 billion in ..read more

Since April, oil has continued to trade at its highest levels, supported by robust energy demand and tight supplies. WTI crude oil futures inched up $82 per barrel yesterday, following the EIA report indicating a larger-than-expected drop in US crude stockpiles. US crude oil inventories decreased by 3.444 million barrels, surpassing the projected decline of ..read more

Artificial intelligence (AI) has transformed major industries, including healthcare, finance, retail, automobile, and manufacturing. Nvidia Corporation (NVDA) has been at the forefront of advancing AI through its graphics processing units (GPUs). These GPUs are crucial for training large language models (LLMs) such as OpenAI’s ChatGPT, leading to outstanding growth in the company’s revenue and earnings ..read more

After finishing last week at record highs, stocks mostly closed higher on July 8, with the S&P 500 and the Nasdaq Composite reaching new record closes, as investors look ahead to Federal Reserve Chair Jerome Powell’s congressional testimony and fresh inflation data due Thursday. Let’s examine the top-performing and worst-performing stocks of the week and ..read more

With a market capitalization of $2.08 trillion, Amazon.com, Inc. (AMZN) is one of the most valuable companies on the Nasdaq. The e-commerce giant commands a premium valuation due to its consistent sales growth. However, it often appears significantly overvalued when analyzed through traditionally earnings-based valuation methods. AMZN’s strategy has long been characterized by its aggressive ..read more

The shocking incident earlier this year involving the Boeing 737 Max has placed The Boeing Company (BA) in the spotlight for all the wrong reasons. On January 5, the door plug of a commercial Boeing 737 Max 9 for Alaska Airlines blew off mid-air, revealing serious lapses in Boeing’s quality control and safety protocols. This ..read more

The recent presidential debate between President Joe Biden and former President Donald Trump has stirred significant movements in the equity markets, especially within the energy sector. Biden’s shaky performance drove sentiment around Trump’s odds of securing a second term in the White House, propelling stocks of private prisons, credit card companies, and health insurance firms ..read more

Tesla, Inc. (TSLA) is set to release its second-quarter delivery update in early July, which is expected to show a decline for the second straight quarter. Analysts have adjusted their estimates for TSLA deliveries downward due to concerns over consumer demand and intense competition in China. In January, the company cautioned that delivery growth in ..read more