On December 13th, Broadcom's stock price surged by over 24%, closing at $224.8 per share. The company's market capitalization surpassed the $1 trillion mark for the first time, making it the 12th company globally and the 9th in the United States to achieve a market value of $1 trillion. It also became the third semiconductor company to break the $1 trillion market cap barrier, following NVIDIA and TSMC.
ASIC has eclipsed GPU's glory recently
B...

Throughout 2024, the robust growth of the S&P 500 has consistently surprised speculators amidst numerous volatile events. Wall Street remains divided: on one side, Jim Rogers foresees a recession and Warren Buffet is maintaining all-time high cash holdings. On the other, BlackRock projects that the AI narrative could drive further growth in U.S. stocks. As 2025 approaches, the contrasting perspectives cast a shadow of uncertainty ov...

The fintech sector saw remarkable gains this week, driven by standout earnings results from companies like Upstart, Affirm, SoFi, and Bill Holdings, which surpassed market expectations. President Trump's financial deregulation plans, combined with the interest rate cut cycle, have created a positive sentiment for fintech companies, prompting investment banks to raise their ratings for these firms. The strong performance of these stoc...

The Walt Disney Company's stock price surged over 16% last week, fueled by a better-than-expected fiscal fourth-quarter earnings report released last Thursday. This impressive rally highlights the market's optimistic response to Disney's financial results and its future growth plans, aiding a significant recovery in its market capitalization from prior lows. The question now is: can this momentum sustain? Let's dive into Disney's fund...

The latest Global Fund Manager Survey from BofA, released on November 12, shows that global fund managers anticipate an increased probability of the U.S. not landing, but also an increase of inflation risks. Additionally, fund managers have developed a stronger preference for high-yield bonds and U.S. stocks, especially small-cap stocks. The Bull & Bear Indicator has risen but has not reached a state of extreme optimism....

After Donald Trump won the 2024 U.S. presidential election, the price of Bitcoin quickly surged past $76,000, setting a new all-time high. This price increase was a direct market reaction and a response to Trump's promises to support the crypto industry. BlackRock's Bitcoin exchange-traded fund saw over $1 billion in trading volume within the first 20 minutes of trading, marking a historic milestone for the crypto market.
During his campaign, Tru...

Bitcoin broke above $70,000, briefly touching $71,000 with a 24-hour gain of more than 4%. This rally also lifted Ethereum climbing back above $2,600.
Some investors might notice that Bitcoin's recent rise happened alongside gold's increase. In March, both reached their peak at nearly the same time. Since November 2022, Bitcoin and gold have often moved in the same direction, showing a growing connection between them.
One major catalyst is the upcoming U...

As Meta is set to release its Q3 2024 earnings on October 30, investors are watching for sustained growth and profitability amid rising expenses and high expectations in AI and Reality Labs.
Meta's CFO Susan Li projects that the company's revenue for Q3 2024 will range between $38.5 billion and $41.0 billion, representing year-over-year growth of 12-20%. Analysts' consensus stands at $40.30 billion. Meta has shown impressive performance th...