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U.S. exchange traded funds now hold 1.14 million in $Bitcoin (BTC.CC)$, surpassing the stake of the cryptocurrency's creator Satoshi Nakamoto and fueling the rise in options trading tied to the asset, according to a Bloomberg Intelligence report.
The 11 spot Bitcoin ETFs launched in January now hold $106 billion in total assets, just $17 billion below those backed by gold, Eric Balchunas, an analyst at Bloomberg Inte...
The 11 spot Bitcoin ETFs launched in January now hold $106 billion in total assets, just $17 billion below those backed by gold, Eric Balchunas, an analyst at Bloomberg Inte...
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Generative AI has permeated nearly every industry, manifesting in diverse applications. It has reshaped computing by integrating into web searches, chatbots, and the daily consumption of media. The surging demand for generative AI has particularly benefited a select group of semiconductor companies, such as NVIDIA and Broadcom, whose stocks have experienced significant rallies. In 2024, $NVIDIA (NVDA.US)$ and $Broadcom (AVGO.US)$...
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Today, $Bitcoin (BTC.CC)$ continued its strong upward momentum, successfully breaking through the $99,000 mark, with the $100,000 milestone now within reach.
It's worth noting that Bitcoin has already increased nearly five-fold over the past two years, with its price surging over 130% year-to-date.
With the continuous stream of positive news in the cryptocurrency space, Wall Street generally expects Bitcoin to reach $200,000 ...
It's worth noting that Bitcoin has already increased nearly five-fold over the past two years, with its price surging over 130% year-to-date.
With the continuous stream of positive news in the cryptocurrency space, Wall Street generally expects Bitcoin to reach $200,000 ...
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Thursday marked a significant milestone for the US stock market, with the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ reaching new all-time highs. This surge in the stock market continues as part of the post-election rally, further fueled by the Federal Reserve's decision to cut rates by 25 basis points, aligning with expectations.
Analysts at Evercore ISI Research suggest that this stock-market rally is far from over. ...
Analysts at Evercore ISI Research suggest that this stock-market rally is far from over. ...
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$Strategy (MSTR.US)$ saw millions of dollars in bearish option positions at a time when the stock was climbing to a record.
The biggest of those bearish positions was posted at 10:22:27 a.m. Friday. An active seller collected a $37.8 million premium for call options that give the holders the right to buy 1.674 million MicroStrategy shares by close of trading today, exchange data tracked by moomoo showed...
The biggest of those bearish positions was posted at 10:22:27 a.m. Friday. An active seller collected a $37.8 million premium for call options that give the holders the right to buy 1.674 million MicroStrategy shares by close of trading today, exchange data tracked by moomoo showed...
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$NVIDIA (NVDA.US)$ is set to report its second-quarter earnings for fiscal 2025 on Wednesday, Aug. 28. Analysts anticipate that both revenue and net income will more than double compared to the same period last year, with revenue projected at $28.64 billion and EPS at $0.6.
Nvidia, a leading supplier of AI chips and computer systems for data centers, has achieved four consecutive quarters of triple-digit percentage growth in sales and e...
Nvidia, a leading supplier of AI chips and computer systems for data centers, has achieved four consecutive quarters of triple-digit percentage growth in sales and e...
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$NVIDIA (NVDA.US)$'s stock fell by 7% to $103.73, significantly outpacing the $Nasdaq Composite Index (.IXIC.US)$'s 1.3% decline, marking its lowest closing share price since May 23. The stock is now down 26% from its June peak of over $140 per share.
Apple to Train AI Models with Google Chips Instead of Nvidia
Apple announced that its AI models, part of its Apple Intelligence system, were pretrained using Google's Tensor P...
Apple to Train AI Models with Google Chips Instead of Nvidia
Apple announced that its AI models, part of its Apple Intelligence system, were pretrained using Google's Tensor P...
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