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$Super Micro Computer (SMCI.US)$ saw heavy trading in call options as the stock jumped 17% after the company reported that it's shipping more than 100,000 graphic processing units (GPUs) a quarter.
The GPUs were deployed for some of the largest artificial intelligence (AI) factories ever built, and other chip scale packages, the company said in a press release posted on its website Monday. The company also said more than 2...
The GPUs were deployed for some of the largest artificial intelligence (AI) factories ever built, and other chip scale packages, the company said in a press release posted on its website Monday. The company also said more than 2...
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Bitcoin surged to a one-month high on Monday, extending its rally after last week's significant Federal Reserve rate cut. FXTM Senior Market Analyst Lukman Otunuga highlighted that looser financial conditions could signal a favorable outlook for bitcoin bulls, driving increased demand for digital assets.
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...
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On September 24, China announced its largest economic stimulus package since pandemic, triggering a frenzy in AH shares and US-listed Chinese stocks. Chinese stocks listed in the US soared on Tuesday, with the $NASDAQ Golden Dragon China (.HXC.US)$ closing up more than 9%, marking the biggest gain since 2022. Among the popular stocks, $Kanzhun (BZ.US)$ surged over 19%, $Bilibili (BILI.US)$ rose by 17%, $JD.com (JD.US)$ by ...
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Our new column is designed to bring you valuable insights and practical tips for successful trading.
$Costco (COST.US)$, the largest membership-only warehouse club in the U.S., has shown remarkable stock performance (+240% within 5 yrs), rivaling even tech stocks.
Since August, Costco's stock price has hit new all-t...
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The Federal Reserve cut its benchmark interest rate by half a percentage point to a range of 4.75% to 5%, signaling the start of an easing cycle aimed at pre-empting economic and labor market weakening. This is the first rate cut in over four years and the first significant reduction since the pandemic. Fed Chair Jay Powell emphasized the move aims to maintain economic strength and manage inflation. The decision saw immediate mar...
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