Market Analysis
Bitcoin (BTC) Crosses $47,000 as “Year of the Dragon” Starts
The stars seem to be aligning for Bitcoin in 2024 - the upcoming Chinese "Year of the Dragon" is predicted to fuel major gains.
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Market Analysis
Expedia (EXPE) Stumbles on Bookings Despite Earnings Beat, Drags Down Travel Stocks
Expedia Group's shares fell in extended trading despite posting a beat on adjusted EPS, as gross bookings and operating income fell short of some analyst forecasts.
Market Analysis
Oil Prices Rise Amid Conflicts in the Middle East, Brent Crude at $80
As Brent crude oil breaks the $80 mark, a complex blend of geopolitical tensions and supply dynamics sends shockwaves through the global energy market.
Market Analysis
Snap’s Stock Tumbles as Growth Slows and Revenue Misses Expectations
Snap Inc. faced a significant setback as its stock price dropped 30.13% following a quarterly revenue report that revealed a slowdown in user growth to 10%.
Market Analysis
Premarket: Roblox Soars After Earnings, NYCB Downgrade and Bounce Back
Gaming powerhouse Roblox soared on blowout earnings while embattled bank NYCB seesawed following a credit downgrade.
Market Analysis
Top European Fund Manager Warns of US Tech Bubble 2.0
Despite stellar earnings and unflagging hype around AI and tech this year, Vincent Mortier believes investors have become irrationally exuberant.
Market Analysis
Palantir (PLTR) Shares Surge on Q4 Results and AI Demand, Eyes S&P 500 Inclusion
Palantir's Q4 shows profitability and a 20% revenue increase to $608.4 million, driven by AI demand.
Best Stocks
AMD vs Nvidia in 2024: Which AI Stock Makes More Sense for Your Portfolio
Nvidia has cornered the market, but AMD could yet take a chunk of it.
Best Stocks
Amazon Stock (AMZN) Nears 52-Week High and is Likely to Surge Past It
Amazon's recent quarterly earnings have catapulted its stock to near 52-week highs, thanks to standout performances in cloud computing and advertising sectors.
Best Stocks
Nvidia Shares Rise Premarket After Goldman Sachs Raises PT to $800
Goldman Sachs upped NVIDIA's financial forecast, setting a $800 price target as AI demand skyrockets.
Best Stocks
Magnificent Seven Post Earnings: Who’s Leading the Race?
Calling something "magnificent" raises investor expectations. Meta and Amazon lead the stock charge while Microsoft wins the valuation battle.
Market Analysis
NFP Data Shows 353k US Jobs Added in January, 185k Expected
The US economy added 353,000 jobs in January, smashing the 185,000 projected by economists.
Market Analysis
Shanghai Composite Index Records Worst Week Since 2018, Down 6.2%
Shanghai Composite Index plummeted 6.2% this week, marking its worst performance since 2018.