The recent regulatory filings have shed light on major hedge funds ditching leading artificial intelligence stocks in 2024. This shift indicates a significant change in sentiment among big investors regarding the future prospects of companies like Nvidia, Alphabet, and Meta Platforms. The selling spree came ahead of a third-quarter sell-off, signaling concerns over the sustainability
Platforms
The crypto markets have been lackluster recently, with Polkadot price facing a 3% drop in the past 24 hours to $4.45. This comes as risk sentiment remains vulnerable ahead of the release of the U.S. inflation report for July. Despite this dip, the altcoin has managed to stay up roughly 6% in the past week,
In recent years, the cryptocurrency exchange industry has seen a significant rise in popularity, with platforms like Bybit leading the way. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the implementation of a new listing and delisting framework aimed at enhancing user protection and promoting market integrity. This move highlights the growing
Morgan Stanley’s focus on defensive quality stocks has become more pronounced in recent months, according to its chief U.S. equity strategist, Michael Wilson. Despite the ongoing surge of major U.S. indexes to record highs, the firm continues to emphasize the importance of defensive positioning in investor portfolios. Wilson believes that amidst increasing market volatility, investors
Decentrawood, a prominent player in the metaverse and blockchain sector, has recently revealed the listing of its DEOD token on the renowned crypto exchange MEXC. This development is set to occur on August 12th, 2024, at 10 AM UTC, marking a significant milestone for the Decentrawood ecosystem. Decentrawood serves as a decentralized platform that aims
Meta Platforms (META) has been stagnant since early February, oscillating within a long trading range characterized by a rectangle pattern. Despite breakout and breakdown attempts over the past six months, META has failed to show any significant follow-through in either direction. This lack of decisive movement suggests uncertainty in the market regarding the stock’s future
Disney recently announced that it will be raising prices on its streaming platforms, including Disney+, Hulu, and ESPN+. The price increases are set to take effect in mid-October, with most plans seeing a $1 to $2 increase per month. The most expensive plans for Hulu, which include live TV, will see a $6 increase per
The buzz surrounding the Summer Olympics in Paris has not only been about the athletes and their performances but also about the unexpected presence of Snoop Dogg in the coverage. With a total audience delivery average of 34 million viewers, NBCUniversal has been leveraging the star power of Snoop Dogg to enhance the viewer experience
In a week filled with market volatility and economic uncertainty, a few stocks have managed to stand out as potential winners. Despite the Dow Jones Industrial Average’s steep drop of nearly 500 points and fears of a looming recession, there are some gems hidden among the sell-off. While the S & P 500 and the
On July 31, 2024, Bybit, the world’s second-largest cryptocurrency exchange, will host a livestream event featuring Web3 experts discussing the topic of “Blinks, AI, Ignition: Bridging Web3 and Web2.” The event aims to shed light on new crypto innovations that integrate blockchain applications into traditional digital platforms like Facebook and Twitter, enabling new crypto payment