Numapennywell
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As the U.S. presidential election approaches, Republican candidate Donald Trump, who is pro-cryptocurrency, has recently seen a surge in his support. This has sparked a significant rally in the cryptocurrency market. $Bitcoin (BTC.CC)$, in particular, has surged by approximately 10% over the past week, outperforming major global asset classes. It has surpassed its 200-day moving average and, on October 20th, climbed ba...
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Numapennywell
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The global semiconductor industry, valued at $530 billion, is undergoing a transformative shift driven by the rapid rise of AI. Companies that have embraced AI are thriving, while those that have missed this wave are struggling. Based on recent analyses, this divide is only expected to grow wider.
The AI Wave: Driving the Industry Split
AI is fundamentally reshaping the semiconductor landscape. Tech giants like $Microsoft (MSFT.US)$, ...
The AI Wave: Driving the Industry Split
AI is fundamentally reshaping the semiconductor landscape. Tech giants like $Microsoft (MSFT.US)$, ...
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Numapennywell
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We want YOU to tune in live on November 5th, U.S. election day, for a special moomoo news and community event. Come watch the vote counts roll in with our local news team and a party of guests! Follow along with our moomoo analysis of how the election will affect the market, and watch for the results as AP News begins calling the election state by state.
The live stream will start Nov 5th at 6:30 PM ET - and run late into the night. Subscribe to join the live discussi...
The live stream will start Nov 5th at 6:30 PM ET - and run late into the night. Subscribe to join the live discussi...
Election Night Watch Event
Nov 6 07:30
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Numapennywell
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The Global Paper Trading Challenge has been underway for a week now, and we're thrilled to have over 75,000 participants from around the globe!
In the U.S. region, more than 85 participants have achieved weekly virtual gains exceeding 10%. The most popular stock traded in our Challenge last week? $Bright Minds Biosciences (DRUG.US)$, a pharmaceutical company that just received FDA approval for its new drug. This week, $GRI Bio (GRI.US)$ is curren...
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Numapennywell
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Warren Buffett's $Berkshire Hathaway-B (BRK.B.US)$ slashed its stake in $Apple (AAPL.US)$ by 49.9% in Q2, valued at approximately $75.5 billion. Despite the sell-off, Apple remains Berkshire's largest holding.
Previously, Berkshire trimmed its Apple stake by 13% in Q1, citing tax reasons during its annual meeting in May.
However, the scale of the recent sale suggests the move may go beyond tax considerations.
Why Sell?
Since Warren...
Previously, Berkshire trimmed its Apple stake by 13% in Q1, citing tax reasons during its annual meeting in May.
However, the scale of the recent sale suggests the move may go beyond tax considerations.
Why Sell?
Since Warren...
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Numapennywell
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Morning Movers
Gapping up
$Paramount Global-B (PARA.US)$ 's shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance.
$Dave & Buster's Entertainment (PLAY.US)$ 's shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue.
$Cal-Maine Foods (CALM.US)$ shares climb...
Gapping up
$Paramount Global-B (PARA.US)$ 's shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance.
$Dave & Buster's Entertainment (PLAY.US)$ 's shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue.
$Cal-Maine Foods (CALM.US)$ shares climb...
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