Why are Tech stocks falling today? 3 reasons are…
The stock market dropped again on Monday. The fall was led by the IT stocks. The Nifty IT lost 2.56% to 39,504.85 level, declining most among the sectoral index. The IT stocks were sitting as the major losers in the Nifty 50. Wipro lost the most, falling 3.5% intraday.
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Read More2025 likely to be the 'great pivot' to Chinese tech stocks from US ones: Investment strategist
Richard Harris, founder and CEO of Port Shelter Investment Management, discusses the resilience of Asian auto makers amid US tariffs and the revival of China’s tech sector, where he expects investors to pivot as they move away from US tech plays.
Read MoreChicago Sky Swing Big Trading 2025 WNBA Draft Pick to Mystics for Ariel Atkins
At first glance the Chicago Sky trading away the No. 3 pick in the upcoming 2025 WNBA Draft as part of a win now move could seem desperate. Which is likely going to be the initial reaction from many to the deal that saw the Sky acquire 2x All-Star Ariel Atkins from the Washington Mystics.
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Read MoreBiogen Options Trading: A Deep Dive into Market Sentiment
Among these notable options, 3 are puts, totaling $154,362, and 8 are calls, amounting to $325,022. What’s The Price Target? Based on the trading activity, it appears that the significant …
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Read MoreApple unveils historic $500B investment in US manufacturing, innovation: 'Bullish on the future'
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Bank of America Securities senior IT hardware analyst Wamsi Mohan reiterates the buy rating on Apple and $256 price objective on ‘The Claman Countdown.’
Apple is committing $500 billion to the U.S. economy in a historic initiative, the company announced on Monday,
Read MoreThe Burst
What Price Exactly Should Palantir Trade At?
Palantir Technologies (NYSE:PLTR) has successfully ridden the AI wave of the last two years to produce outstanding shareholder returns.
The stock traded at less than $7 as recently as the beginning of 2023 but has since risen by over 6x. This sudden spike in prices begs the question of whether the market is valuing Palantir appropriately today.
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Read MoreThe Ivy
Is Your Favorite Pharmacy About To Go Belly Up?
Walgreens Boots Alliance stands at a critical juncture in the company’s 170-year history with revenues of $147 billion but a market capitalization of just $7 billion.
A heavily burdened balance sheet has been the prime culprit of the stock’s downfall but, under new CEO Tim Wentworth, management is undertaking an ambitious realignment aimed at stabilizing the core pharmacy business while taking the chop to some of its healthcare investments.
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Read MoreThe Spotlight
Will Bitcoin Rise 16.1x?
In November 2012, the first bitcoin halving cycle was recorded, and the event reduced the reward for mining new Bitcoin blocks by half. Every four years or so 210,000 blocks are mined and the rate at which new bitcoin is mined is cut by 50%.
The supply limit and increased difficulty have been instrumental in the thesis that bitcoin’s price can only rise in time to offset the inflationary effects of fiat currency.