After a blistering rally over roughly the past month-and-a-half period, Bitcoin (CCC:BTC-USD) crossed over the all-important $50,000 level. Both a technical line of support and a key psychological threshold — we humans like round numbers — breaking past 50K set up a clear target to $60,000. From there, who knows what could happen to BTC
Through their policymaking, central banks played a key role in manufacturing the 2008 financial crisis. One of the responses to that crisis was Bitcoin (BTCUSD). With its dentralized system and peer-to-peer technology, Bitcoin has the potential to dismantle a banking system in which a central authority is responsible for decisions that affect the economic fortunes
After a solid showing in the second quarter, ChargePoint Holdings (NYSE:CHPT) stock has witnessed a healthy increase. Source: Michael Vi / Shutterstock.com The charging network provider saw its shares surge 8.3% on the day after it released its earnings report. Even with this recent pop, the valuation divide between its fundamentals and market capitalization is
In this article COIN People watch as the logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase has received notice of a possible enforcement action from the Securities and Exchange Commission related
People walk past the New York Stock Exchange on Wall Street on May 10, 2021 in New York City. Angela Weiss | AFP | Getty Images Every morning, when I arrive downtown a little before 7 a.m., there’s a group of people who live in the neighborhood walking their dogs in front of the New
In this article TSLA COIN CTXS PYPL NIO COUP Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Robert Nickelsberg | Getty Images Check out the companies making headlines before the bell. Coinbase — Shares of Coinbase fell 3.2% in early
Vaxart (NASDAQ:VXRT) stock is a high-risk Covid-19 vaccine play. But unlike some other small-cap long-shots, like Ocugen (NASDAQ:OCGN), it has a lot more going for it. Source: Photo courtesy of Vaxart, Inc. For starters, developing its candidate itself, unlike Ocugen, this clinical-stage biotech company has more avenues to find success even if it fails to
This has been a tough year for EV stocks and SPACs. Add to that list the problems facing Canoo (NASDAQ:GOEV) stock. Source: shutterstock.com/rafapress GOEV stock is down 45% so far in 2021, falling to less than $8 per share. The company’s most recent quarterly report showed its losses mounting. And Canoo in May announced it was
On today’s show, Preston and Stig talk to X-Prize Founder and Chairman, Peter Diamandis. He is accompanied by Best Selling author, Steven Kotler, and they talk about the technology boom that’s going to happen in the next ten years. IN THIS EPISODE, YOU’LL LEARN: – Which major industries will be disrupted most over the next
Most people on TV have an agenda to some degree. For example, if someone on TV says a stock is going to tank, they may be looking for their audience to sell the stock so they can purchase it at a lower price. They need a large group of people to change their persuasion in
These five ETFs are the best performers in the bull market that turned ten years old. First Trust Dow Jones Internet Index Fund: https://www.zacks.com/funds/etf/FDN/profile?cid=CS-YOUTUBE-FT-VID Invesco NASDAQ Internet ETF: https://www.zacks.com/funds/etf/PNQI/profile?cid=CS-YOUTUBE-FT-VID Invesco S&P 500 Pure Value ETF: https://www.zacks.com/funds/etf/RPV/profile?cid=CS-YOUTUBE-FT-VID First Trust NYSE Arca Biotechnology Index Fund: https://www.zacks.com/funds/etf/FBT/profile?cid=CS-YOUTUBE-FT-VID IShares U.S. Aerospace & Defense ETF: https://www.zacks.com/funds/etf/ITA/profile?cid=CS-YOUTUBE-FT-VID Boeing: https://www.zacks.com/stock/quote/BA?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID
On the front-facing side of things, you might not find a better no-brainer (albeit highly speculative) narrative than Zomedica (NYSEAMERICAN:ZOM), the veterinary care specialist focusing on diagnostics platforms. Previously driven by intense meme pressure, ZOM stock found itself providing blistering returns before it all went sour. Source: Postmodern Studio / Shutterstock.com Unlike other meme trades
The CEO of the investment firm running the world’s biggest bitcoin fund sounded off on comments made by Securities and Exchange Commission chair Gary Gensler about the likely approval path for the first U.S. bitcoin ETF. Michael Sonnenshein, CEO of Grayscale Investments, warned on Tuesday that the SEC would be making a mistake if it
In this article PPG MRK SPOT MTCH Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Spotify — The streaming company saw shares rise 2.8% after KeyBanc upgraded Spotify to overweight from sector weight. The firm said in a note to clients that the company was
Prior to the meme-trading phenomenon, I supported the contrarian bullish case for cineplex operator AMC Entertainment (NYSE:AMC). In the many years leading up to the Covid-19 pandemic, streaming companies like Netflix (NASDAQ:NFLX) had been siphoning market share from the box office. Naturally, this dynamic put intense pressure on AMC stock. Source: QualityHD / Shutterstock.com Nevertheless,
Skillz (NYSE:SKLZ) stock appears to have climbed recently due to takeover speculation and a boost from Reddit traders. Source: NYCStock / Shutterstock.com But I believe that the takeover speculation is likely unwarranted, while SKLZ stock remains extremely overvalued. An Unrealistic Takeover Rumor A publication called CTFN suggested that a casino could look to buy Skillz
If you’re one of the more than 44 million Americans who rent their homes, you likely have a landlord to call when things go wrong. Unfortunately, some landlords are more attentive than others in addressing their tenants’ problems, sometimes leading to uncomfortable, or even dangerous, living situations. If your landlord fails to make necessary repairs
In late June, online financial technology company SoFi Technologies (NASDAQ:SOFI) became the meme stock de jour. As the most discussed stock on Reddit, trading volume in SOFI stock spiked, but shares began to slide shortly thereafter. Source: rafapress / Shutterstock.com No doubt some investors view SOFI stock as just the latest in a string of
In this article SPOT 9618-HK MRNA BA Check out the companies making headlines before the bell. JD.com (JD) — Shares of JD.com gained 1.4% in early morning trading after the Chinese e-commerce giant appointed a new president. The company’s founder and CEO Richard Liu is stepping back from day-to-day operations, while Xu Lei, previously CEO
Cloud services company Cloudflare (NYSE:NET) has rewarded its shareholders handsomely since its September 2019 initial public offering. NET stock is up a dumbfounding 625% since it went public at $18 a share. In the past three months alone, shares gained more than 50% as NET stock made new high after new high. Source: Sundry Photography /