Market News

Crypto Market Update: Strategy Closes in on 1 Million BTC with New US$1 Billion Haul

Here’s a quick recap of the crypto landscape for Monday (April 13) as of 12 noon UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$70,942.32, up by 0.9 percent over …

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Palantir Billionaire Peter Thiel Sells 2 Trillion-Dollar AI Stocks, but Wall Street Says It’s Time to Buy

Key Points Billionaire Peter Thiel, best known as a co-founder of Palantir Technologies, runs a hedge fund that sold its stakes in Tesla and Microsoft in the fourth quarter. Tesla has major opportunities in autonomous driving and humanoid robots, but the core electric vehicle business …

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Why Turning Point Brands Stock Was on Fire Today

Key Points A new marketing deal with a suitable business partner lit a hot flame under Turning Point Brands (NYSE: TPB) stock on the second-to-last trading day of the week. The tobacco products specialist’s equity rocketed more than 10% higher that day, indicating widespread shareholder …

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Rate Hike Odds Top 50% – And That’s Not the Only Warning

Markets flip to rate-hike odds for the first time this cycle… OpenAI kills Sora as AI monetization wobbles… private credit investors race for the exits… and why it’s all the same story Last Friday, futures markets flashed a warning that would have seemed almost unthinkable …

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Is It Worth Investing in Alphabet (GOOG) Based on Wall Street’s Bullish Views?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Let’s take …

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Can Ford Justify Record CEO Compensation After Record Recalls?

Key Points The automaker’s recalls have set industry records, remained elevated, and dinged earnings in the past. While internal metrics point to progress on quality, third-party evidence is less conclusive. CEO Jim Farley’s compensation isn’t an outlier compared to rivals, but it’s fair for investors …

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Why Alibaba Stock Plummeted by Almost 13% Last Month

Key Points One was the U.S. government, which was apparently mulling limits on exports of cutting-edge AI chips. Another was the company’s own performance, as third-quarter results missed analyst estimates. 10 stocks we like better than Alibaba Group › Massive Chinese tech company Alibaba (NYSE: …

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Crypto Market Update: Bitcoin, Digital Assets Following Macro Signals

Here’s a quick recap of the crypto landscape for Friday (April 10) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$73,170.23, up by 1.5 percent over …

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Is It Too Late to Buy Tesla Stock?

Since hitting a peak in 2021, Tesla (NASDAQ: TSLA) has struggled to build much, if any, momentum. Once trading at more than $400 per share, the stock has been beaten up for the last three years and currently sits at around $185. While those who …

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Could Investing $10,000 in SCHB Make You a Millionaire?

Key Points Recent stock market volatility and worries about an artificial intelligence (AI) bubble are driving many investors to diversify. If you want an easy, low-cost way to own a broadly diversified portfolio of stocks, the Schwab U.S. Broad Market ETF (NYSEMKT: SCHB) could be …

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