Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
Trump or Harris? Analysts are hotly debating the impact of the election results on various sectors of the US stock market.
①Over the past 8 years, the Trump administration and the Biden-Harris administration have fully demonstrated their policy orientations; ②Overall, industries such as finance and technology that are under the focus of regulation by the Biden administration are more likely to benefit from the rollback policies of the Trump administration, while the bullish impact on other industries is relatively less pronounced.
Bitcoin breaks through $66,000! Harris promises to support the regulatory framework for digital currency.
USA presidential candidate and current Vice President Harris has pledged to support the regulatory framework for digital currencies, boosting the trend of digital currencies on Monday. In addition, the bankrupt Mt. Gox crypto exchange postponed the deadline for repaying the remaining assets to creditors by one year last week, alleviating concerns of oversupply that may arise from creditors selling back Bitcoin. Bitcoin and Ether both surged at least 6%.
The CEO is bullish, but Wall Street is bearish? There is a significant divergence in earnings expectations for the US stock market this earnings season.
Analysts expect that the s&p 500 constituent companies will see a year-on-year profit growth of 4.2% in the third quarter, while these companies' own guidance predicts a growth of 16%. This difference implies that corporate performance is likely to exceed Wall Street expectations.
12 Information Technology Stocks Moving In Monday's After-Market Session
Nvidia All-Time High Right Before the Bell on Record Day | Wall Street Today
Historical new high in four months! nvidia rose more than 10% this month, reigniting investors' passion at Blackwell.
At the beginning of this month, Huang Renxun claimed that Blackwell chips have been fully put into production, and the demand is "crazy"; Morgan Stanley reported last week that Blackwell chips will be sold out in the next 12 months, bullish on the prospect of the chip's long-term demand boosted by the release of OpenAI's reasoning model o1; Nvidia's chip customer OpenAI completed a huge $6.6 billion financing at the beginning of the month, with the foundry partner Taiwan Semiconductor's sales exceeding expectations, all becoming good news for Nvidia; Last week, a wave of call options buying showed that investors are betting Nvidia's price in March next year could be up to 40% higher than the closing price last Friday.