With the upcoming change in administration in 2025, traders and investors are left wondering about the impact on the markets and economy. The stark differences in policy platforms between the two parties raise concerns about the future. A hypothetical handbook titled “What to Expect When You’re Electing” could provide insights into the potential economic prospects
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The recent trends in the Nasdaq-100 index have indicated significant profit taking from many investors who have chosen to reduce their exposure to what is known as the “Magnificent Seven.” This includes tech giants such as Nvidia, Meta Platforms, and Alphabet, among others. As we continue to digest the earnings reports of these companies, there
The cryptocurrency market experienced significant growth in premarket trading, with Bitcoin leading the way. Bitcoin, the world’s largest digital asset, surged over 4.7% in the past 24 hours, reaching a price of $67,346.0 as of 09:49 GMT. This upward trend helped Bitcoin recover some of its recent losses, with investors closely watching the market as
Ford Motor recently reported its second-quarter earnings, falling short of Wall Street’s expectations on earnings per share while exceeding revenue estimates. The automaker faced challenges due to warranty costs that have been an ongoing issue for several years. Despite beating revenue projections, Ford’s stock took a hit, dropping about 11% after the markets closed. The
The recent tech sell-off has sparked concern among investors and hedge fund manager Dan Niles. Niles believes that the market’s response to Google parent Alphabet’s quarterly results serves as a wake-up call for investors. The significant drop in shares on Wednesday, by as much as 5%, indicates that there may be growing impatience among investors
In a world where social media platforms dominate our online interactions, SoMon has emerged as a game-changer in the Web3 space. With a decentralized forum that prioritizes user-owned content and connections, SoMon has quickly become the most active and fastest-growing social app in the Web3 ecosystem. Since its launch on Base, SoMon has experienced over
Artificial Intelligence (AI) has been a hot topic in the stock market, with leading AI chipmaker Nvidia soaring by nearly 155% this year. While semiconductor stocks and technology giants like Amazon have reaped the benefits of the AI trend, RBC Capital Markets is highlighting some alternative ways to play the theme. RBC Capital Markets views
Recent data from Santiment has revealed a significant increase in the number of wallets holding 10,000 Bitcoin (BTC) or more. This accumulation has reached its highest point in the last six years, with these substantial wallets now containing over 3.19 million coins. This milestone was last achieved back in November 2018, indicating a notable trend
In a move that has garnered significant attention in the cryptocurrency community, Pandiana, a solana meme infused play-to-earn gaming project, has officially launched its presale for $PNDA tokens. This announcement comes hot on the heels of a successful pre-seed raise of $500,000 by the project team. Pandiana sets itself apart by intertwining captivating gameplay elements
Ethereum has taken the lead in fee income over the past year, surpassing Bitcoin by an impressive 100%, as reported by Lookonchain. The Ethereum network has generated a staggering $2.73 billion in fee income, solidifying its position as the top earner in the industry. This significant increase in fee income showcases the growing popularity and