S&P 500: Tech Stocks Rally as Nvidia Recovers and Bitcoin Hits $98K
Bitcoin surged past $98,000 for the first time late Wednesday, boosting sentiment across cryptocurrency-related equities. Factors driving the rally included heightened expectations for crypto-friendly regulatory policies under a potential second Trump presidency and short liquidations exceeding $88 million overnight.
Crypto-related stocks followed suit.
» Read more about: S&P 500: Tech Stocks Rally as Nvidia Recovers and Bitcoin Hits $98K »
Read MoreGeorgia Broker-Dealer Learns Costly Lesson From FINRA On ETNs Vs. ETFs: A Discussion On ETF Construction And Effects On Risk And Taxes
ValuEngine.com (VE) is a stock valuation and forecasting service founded by Ivy League finance academics.
Stock market today: Wall Street drifts as Nvidia and bitcoin rise while Alphabet sinks
NEW YORK (AP) — U.S. stock indexes are drifting up and down Thursday after market superstar Nvidia and another round of companies said they’re making fatter profits than expected.
The S&P 500 was 0.2% lower, as of 10:45 a.m. Eastern time, after flipping between modest gains and losses.
Read MoreNSE Investments to sell up to 20.3% stake in Protean eGov via OFS
The OFS will consist of a base issue of 10.16% equity, with a green shoe option for an additional 10.16% equity.
» Read more about: NSE Investments to sell up to 20.3% stake in Protean eGov via OFS »
Read MoreKS Republicans back Trump’s tariff proposal. Why experts fear trade war could hurt farmers
One of President-elect Donald Trump’s biggest campaign promises — asserting sweeping tariffs on imports coming to the U.S., with higher sanctions on goods from China — could have unintended consequences for Kansas’ economy, experts say.
The escalating trade war that could result from the tariffs would likely spell economic uncertainty in the years to come,
Read MoreThe Burst
Is This Heavily Shorted Stock Set To Squeeze Bears?
Despite succeeding in the rough and tumble world of HR management, one particular firm has also become one of the most heavily shorted stocks in the market.
Yet beneath the surface, there are signals that the stock could be on the verge of a sharp rebound—perhaps even a short squeeze that will catch many off guard.
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Read MoreThe Ivy
Is Shopify a Slam Dunk Buy on the Dip?
Recently, an under-the-radar tech company has captured the interest of top-tier investment funds. Hedge funds have quietly been acquiring significant shares that displays a conviction in this company’s potential to redefine its market.
So, what’s the stock is it a buy on the dip?
Key Points
- Shopify’s shift beyond subscriptions to financial services,
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Read MoreThe Spotlight
Will This AI Stock Be the Ultimate Comeback Story?
SportRadar first came to the attention of most investors when the firm debuted on the public markets amid much fanfare a few years ago.
Then the hype surrounding the company was rooted in SportRadar’s role as a leader in sports data intelligence, which is key to the sports betting industry.
The company had formed a series of partnerships with major sports leagues and provided data to sportsbooks.
» Read more about: Will This AI Stock Be the Ultimate Comeback Story? »