Market Analysis
Bitcoin Retreats from Record High as Long-term Holders Take Profits, Can Drop to $80k
Bitcoin retreated over 6% to $91,912 on Tuesday as long-term holders took profits near record highs.
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Market Analysis
Trump’s 25% Tariff on Mexico and Canada Hits General Motors Stock Hard
President-elect Donald Trump's announcement of potential tariffs on imports from Mexico, Canada, and China has caused a significant drop in General Motors' stock price.
Market Analysis
Warren Buffett Reduces Tech Stakes; 4 Stocks Make 64% of Berkshire Portfolio
Warren Buffett's Berkshire Hathaway reduced its Apple stake by 25% and trimmed other major tech holdings in Q3 2024.
Market Analysis
ASML Projects Up to €60 Billion in Sales by 2030 Amid Semiconductor Boom
ASML Holding NV has reaffirmed its long-term revenue outlook with projected sales of €44 billion to €60 billion by 2030.
Market Analysis
Intuitive Machines (LUNR) Projects 311.4% Revenue Surge in Q3 2024
Intuitive Machines is poised to announce a significant 311.4% increase in third-quarter 2024 revenues amidst strategic lunar mission contracts and technological advancements.
Crypto
Bitcoin Starts the Week with New ATH: 3 Factors Why the Rally Can Continue
Bitcoin soared to a new all-time high on Monday, driven by Trump's pro-crypto election victory, recent rate cuts, and growing institutional investment through ETFs.
Market Analysis
Costco’s Stock Hits Record $948, Up 45% YTD: Factors Driving the Surge
Costco's stock price has surged to a record high due to strong financial performance, strategic growth initiatives, and a resilient business model.
Market Analysis
BofA Boosts Tesla PT to $350 on Regulatory Hopes Under a Trump Administration
Bank of America has raised Tesla's stock price target from $265 to $350 following Donald Trump's election victory.
Market Analysis
Palantir’s Revenue Jumps 30% in Q3, Boosting Stock by Over 22%
Palantir Technologies Inc. exceeded Wall Street's expectations with a 30% revenue increase in Q3, driven by strong demand for its AI solutions, particularly in the U.S.
Market Analysis
Boeing Stock Climbs as Union Deal Appears Within Reach
Boeing's stock rose 3.43% Friday as the aerospace giant's 33,000 striking workers prepare to vote Monday on an enhanced contract.
Market Analysis
Uber’s Q3 Results Beat Expectations, But Shares Drop on Growth Concerns
Uber exceeded Wall Street expectations but slower gross bookings growth puts pressure on stock price.
Market Analysis
DJT Stock Continues to Soar as 5 Trading Halts Rock Tuesday Morning
Trump Media & Technology Group's stock (DJT) has seen dramatic price swings and trading halts amid a pre-election rally, tripling in value over the past month.
Market Analysis
Stocks to Watch Today: TSLA, IBM, MOH
Tesla and Molina Healthcare soared on strong earnings beats while IBM tumbled after missing revenue targets.