Trump Media, the parent company of the Truth Social app, is in “advanced talks” to acquire cryptocurrency trading firm Bakkt, according to a report by the Financial Times. The news has caused both companies’ stock prices to skyrocket. Trump Media’s shares surged by more than 16%, reflecting growing investor interest in its potential cryptocurrency ventures. […]
Super Micro Computer (SMCI) saw a sharp rally this week following its announcement of a compliance plan submitted to the SEC to prevent delisting from the Nasdaq. Shares surged 16% during regular trading on Monday and an additional 25% in after-hours trading after the filing. This positive momentum reflects renewed investor confidence in the company’s […]
In the rapidly evolving landscape of cryptocurrency trading, GAINTOMO AI emerges as a revolutionary solution, combining advanced artificial intelligence with user-friendly trading functionalities. As more individuals seek opportunities in the digital asset market, GAINTOMO AI provides both novice and experienced investors the tools they need to navigate the complexities of trading seamlessly. This article explores […]
Nvidia as poised to become the first $4 trillion company, driven by its AI dominance. As the AI chipmaker prepares to report fiscal Q3 earnings, expectations are high for another standout performance. Analysts anticipate a $2 billion revenue beat and robust forward guidance, which could further solidify investor confidence. Wedbush highlights Nvidia’s leadership in AI […]
Apple (NASDAQ) has proposed a $100 million investment in Indonesia to establish a manufacturing plant for accessories and components, according to the country’s industry ministry. The move follows a ban on sales of Apple’s iPhone 16 due to the company’s failure to meet Indonesia’s local content requirement, which mandates that 40% of smartphone components sold […]
NVIDIA Corporation (NASDAQ: NVDA) reported strong fiscal Q3 results that exceeded Wall Street estimates but provided Q4 guidance that fell short of heightened investor expectations. Shares dropped approximately 3% in premarket trading following the announcement. For Q3, NVIDIA posted earnings per share (EPS) of $0.81 on revenue of $35.1 billion, surpassing analyst expectations of $0.75 […]
Starbucks Corporation (NASDAQ: SBUX) is exploring strategic partnerships for its Chinese operations amid declining demand in major markets, including the U.S. and China. The company confirmed on Thursday that it is assessing options, following a Bloomberg report suggesting Starbucks might sell a stake in its Chinese business to local investors, such as private equity firms. […]
Overall Analysis Bitcoin’s sharp rally towards the $88,398 level has sent the crypto market sky-high after the US election results. Ethereum surged by +5.91% on November 11th, currently testing a resistance level. Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView) On the November 11th, 2024, trading session, Bitcoin marked another all-time high of $88,398. The […]
Overall Analysis Oil tanked more then -1.98% on Friday’s trading session, broke major supporting trendline and sustained below it. Natural Gas down by almost -1%, breaking the supporting trendline, currently at major level. Breakdowns may trigger massive selling. Oil Chart Analysis Oil/USD- 15 min time frame On the 8th November 2024 trading session, oil tanked […]
Overall Analysis The Dollar Index continues its rally to the upside, with price action showing weakness on the daily and hourly time frames. Chart Analysis USD 15-Minute Time Frame On November 11, 2024, the Dollar Index increased by 0.50%, currently trending upwards within a channel. The price might face strong rejection at the 105.77 level, […]