Bitcoin prices hit $97,000 for the first time, advancing further towards $100,000 on Thursday. Meanwhile, crypto-related stocks have been soaring along with the bitcoin price. $MicroStrategy (MSTR.US)$ surged 10% on Wednesday, while Bitcoin miner $MARA Holdings (MARA.US)$ soared nearly 14%. MicroStrategy continued to soar over 10% during the pre-market trading session.
Trading volumes for MSTR stocks and options skyrocketed
On ...
Trading volumes for MSTR stocks and options skyrocketed
On ...
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Fueled by robust performance, prominent U.S. AI advertising and marketing firm AppLovin saw its stock price surge over 100% following the release of its Q3 results, with an impressive year-to-date growth exceeding 700%. Financial disclosures highlight that the company's AI recommendation engine, AXON, significantly enhanced the AppDiscovery advertising platform, leading to a rise in software platform revenues to $835 million...
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The S&P 500 has climbed more than 24% year-to-date, with Wall Street maintaining a bullish stance on U.S. stocks. Analysts predict the benchmark could hit approximately 6,500 points by 2025, suggesting a 10% upside from Tuesday's close at 5,917.
Morgan Stanley: Earnings to Drive S&P 500 to 6,500 by 2025
Morgan Stanley's Chief Investment Officer Mike Wilson, known for his bearish stance, has ...
Morgan Stanley: Earnings to Drive S&P 500 to 6,500 by 2025
Morgan Stanley's Chief Investment Officer Mike Wilson, known for his bearish stance, has ...
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Trading for options on BlackRock's Bitcoin spot ETFs commenced on Nasdaq this Tuesday, marking a new approach to engaging with Bitcoin's market movements. In the opening hour of trading, the volume of options contracts reached 73,000, placing IBIT among the top 20 most traded non-index options, as reported by Nasdaq. The options achieved an unprecedented notional exposure of $1.9 billion. Bloomberg's ETF analysts h...
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Gold prices have dropped nearly 6% from their late October peak of $2,790 to $2,630. Last week marked gold’s steepest weekly decline in over three years, as market jitters over President Donald Trump’s tariff policies potentially stoking inflation could prompt the Federal Reserve to ease its rate-cutting pace.
Gold rebounded on Monday, snapping a six-day losing streak, driven by a pause in the dollar’s rise and renewed safe-haven dem...
Gold rebounded on Monday, snapping a six-day losing streak, driven by a pause in the dollar’s rise and renewed safe-haven dem...
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$PDD Holdings (PDD.US)$ is set to report third quarter 2024 financial results on November 21, 2024 before markets open. It is hard to get excited after looking at PDD's recent performance, when its stock has declined 22% so far this year.
Consensus Estimates
● The company is projected to achieve a revenue of 103.70 billion CNY, representing a year-over-year increase of 50.64%.
● Earnings per share are expected to be 19.77 CNY, up 86.47% from th...
Consensus Estimates
● The company is projected to achieve a revenue of 103.70 billion CNY, representing a year-over-year increase of 50.64%.
● Earnings per share are expected to be 19.77 CNY, up 86.47% from th...
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Last week, Warren Buffett once again made headlines for his "wholesale" stock sell-offs. The latest quarterly report revealed that Berkshire Hathaway continued to reduce its stock holdings, with its cash reserves reaching a record high of $325.2 billion, up 17.4% from $276.9 billion at the end of the second quarter.
Measured against the company's total assets, Berkshire now holds approximately 28% in cash, the highest proportion in many y...
Measured against the company's total assets, Berkshire now holds approximately 28% in cash, the highest proportion in many y...
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AI-linked stocks APP, PLTR, INOD, SHOP, and DUOL experienced robust growth in their Q3 earnings, sparking a rally in their share prices as investors hone in on AI sector opportunities.
AppLovin: AI Advertising
$Applovin (APP.US)$, renowned for its AI-driven advertising solutions, continues to exceed forecasts. Its AI-powered ad targeting and monetization strategies have proven effective.
On Nov. 6, 2024, AppLovin post...
AppLovin: AI Advertising
$Applovin (APP.US)$, renowned for its AI-driven advertising solutions, continues to exceed forecasts. Its AI-powered ad targeting and monetization strategies have proven effective.
On Nov. 6, 2024, AppLovin post...
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$NVIDIA (NVDA.US)$ is set to announce its Q3 2024 earnings on November 20 after market close. Investors will look at the company’s full-year forecast alongside positive sentiments surrounding the next-generation Blackwell chips.
Consensus Estimates
● The analyst consensus has Nvidia reporting revenue of $33.03 billion, up 82% year-over-year. The world's most valuable company’s stock has nearly tripled in 2024 driven by demand for the company’...
Consensus Estimates
● The analyst consensus has Nvidia reporting revenue of $33.03 billion, up 82% year-over-year. The world's most valuable company’s stock has nearly tripled in 2024 driven by demand for the company’...
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Shares of $United Airlines (UAL.US)$, $Delta Air Lines (DAL.US)$, and $American Airlines (AAL.US)$ soared following Donald Trump's election win, gaining 9.4%, 6.9%, and 6.1%, respectively. Investors are optimistic that Trump's presidency could boost demand and relax regulations in the airline sector.
Airline stocks have rallied since late August, with United Airlines (UAL) surging over 115% in the last 60 trading days. Delta Air Lines (DAL) and $Alaska Air (ALK.US)$ both gain...
Airline stocks have rallied since late August, with United Airlines (UAL) surging over 115% in the last 60 trading days. Delta Air Lines (DAL) and $Alaska Air (ALK.US)$ both gain...
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