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Stocks

“Super Micro shares soar 36% to record on uplifting preliminary results”

January 23, 2024

“Super Micro Computer, one of the best-performing tech stocks of the past few years, soared 36% on Friday to a record, after the maker of data center hardware issued preliminary financial results that exceeded estimates… The uplifting numbers follow a… Continue Reading…

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Cryptocurrencies, Stocks

“The SEC just approved spot bitcoin ETFs. Here’s what investors should know.”

January 19, 2024

“…ETFs are pooled investments, like a mutual fund, but that trade on stock exchanges like a stock or bond and that track a specific index, sector or asset class. A spot bitcoin ETF allows investors to gain direct exposure to… Continue Reading…

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Stocks

“Why UiPath Jumped 25.7% in December”

January 18, 2024

“…For the third quarter, UiPath grew revenue by 24% to $324 million, with adjusted (non-GAAP) earnings per share of $0.12, both figures beating out analyst expectations. The enterprise software-as-a-service sector has gone into a bit of a slowdown since the inflationary surge… Continue Reading…

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Stocks

“1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Grows 2,139%, According to Cathie Wood’s Ark Invest”

January 18, 2024

“…Zoom Video Communications (NASDAQ: ZM) has built out several AI features to help remote workers — everyone from salespeople to software engineers — use their time more effectively. And Ark Invest thinks Zoom’s AI-related products and services could provide a massive boost… Continue Reading…

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Cryptocurrencies, Stocks

“SEC ends crypto drama by giving the green light to 11 bitcoin ETFs” [Jan 10th 20224]

January 18, 2024

“…Regulators on Wednesday gave money managers the green light to launch 11 spot bitcoin exchange-traded funds, allowing everyday investors to get exposure to the world’s largest cryptocurrency without having to own it. The ETFs, which begin trading Thursday, could make… Continue Reading…

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Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

January 16, 2024

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…

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Economy, Stocks

“The rich now own a record share of stocks”

January 16, 2024

“About 93% of U.S. households’ stock market wealth is held by the top 10%… Details: While it’s true that a record high 58% of American households do own stocks via mutual funds or as individual shares, in the aggregate the amount of stock… Continue Reading…

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Stocks

“Ambrx Holders Who Bought for Pennies See 6,700% Gain on J&J Bid”

January 16, 2024

“Longtime believers in Ambrx Biopharma Inc. are being rewarded with juicy returns as Johnson & Johnson’s buyout offer values the biotech stock at more than 6,700% of its all-time low. Johnson & Johnson agreed to acquire Ambrx for $28 per… Continue Reading…

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Stocks

“Nintendo Shares Hit Record, Helping Lift Japanese Stocks to Another Multidecade High”

January 12, 2024

“…Nintendo shares hit a record closing high of 7,823 yen Wednesday, or about $54.14. The videogame company’s shares have gained ground since late last year, reflecting solid earnings and expectations over the potential launch of a new console to succeed the current… Continue Reading…

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Stocks

“TG Therapeutics Reverses Its 225% Winning Streak On Lackluster Guidance”

January 12, 2024

“…After rising in premarket trading, TGTX stock toppled 15.4% to 17.77 after the stock market opened… TGTX stock has been on an upswing after hitting a recent low at 6.46 in October. From that low point, TGTX stock has bounded 225% as… Continue Reading…

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