Sunday, May 5, 2024
Cryptocurrencies Have Another Huge Week; Tesla Drives Adoption Wave

Another Huge Week for Cryptocurrencies as Tesla, Mastercard, Twitter Fuel Adoption Wave

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Cryptocurrencies had another huge week as companies like Tesla and Mastercard continue to push digital assets into the mainstream. Bitcoin (BTCUSD) broke out to new highs on Monday after Tesla (TSLA) announced a $1.5 billion...

Growth Stocks Regain the Lead as Investors Embrace a Dovish Fed

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Most of 2021 has focused on value stocks as the economy reopening from coronavirus, but last week investors returned to growth. The S&P 500 rose 0.4 percent between Friday, June 4, and Friday, June 11....
Twitter Leads the S&P 500 on Signs of Major Advertising Gains

Twitter Steals the Show This Week on Signs of Advertising Breakthroughs

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Twitter is having its best week in six years as its advertising business finally starts to gain traction. Twitter (TWTR) is up 27 percent since Friday, February 5. That makes it the best-performing member of...

Cloud-Computing vs Crude Oil: Lessons in a Dramatic Chart

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One of the biggest events in the history of the Dow Jones Industrial Average happened last August when Salesforce.com replaced Exxon Mobil as an index member. A 21-year software company elbowed out a transnational...

Market Pulse: Apple’s Next IPhone Cycle Could Be Starting

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Apple introduced the iPhone 12 two months ago. Now it may be starting to pay off. Japanese news service Nikkei reported early today that AAPL wants to increase iPhone production by almost 30 percent in...

Toast and Freshworks: Two New Disruptors Pull Back After Scorching IPOs

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Initial public offerings (IPOs) have been going strong as a series of disruptive technology firms hit the market. Two prominent names have pulled back sharply following big rallies last week: Toast (TOST) and Freshworks...

Bullish News Continues for Housing, Despite Higher Interest Rates. Here Are Key Stocks to...

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Bullish news continues for the U.S. housing sector, even with interest rates spiking to pre-coronavirus levels. Home prices rose 10.4 percent in December, according to S&P CoreLogic Case-Shiller yesterday. It was the biggest in seven...

Industrial Stocks Are Breaking Out as the Economy Roars Back from Coronavirus

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Industrial stocks are breaking out as the strengthening economy draws capital away from large technology stocks like Apple and Amazon.com. The SPDR Industrial ETF (XLI) set a new all-time closing high on Friday, while the...

Is This Stock the Next Tesla or Nio? Check Out This Technical Analysis

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Electric cars have been one of the most explosive industry groups in recent memory, and now traders may have another name to focus on: smart-vehicle maker XPeng. Several patterns stand out on the Guangzhou-based company’s...

Options Alert: Another Mega Call Roll as Ford Motor Challenges the Historic $20 Level

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Options traders are sticking with the same upside strategy as Ford Motor challenges multidecade highs. Here's the activity yesterday: Roughly 30,000 December 21.50 calls were sold for $0.10 against open interest of 10,601 contracts.A matching number...
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