Nvidia Corp (NASDAQ:NVDA) has been a standout performer among semiconductor companies and the Magnificent Seven stocks. However, can it maintain its leadership position through the second half of 2024? Ed Egilinsky, Managing Director at Direxion, shares his insights, shedding light…
Three months after the fourth Bitcoin halving, Bitcoin's mining difficulty has dropped to lows last seen in late 2022. What Happened: Bitcoin's mining difficulty dropped by 7.8% over the weekend, a reduction reminiscent of the decline seen after the FTX…
Investors and tech enthusiasts alike are closely watching Apple Inc. (NASDAQ:AAPL), with the upcoming iPhone 16 and its AI-driven features generating significant buzz. Wedbush analyst Daniel Ives sees Apple on the “path to $4 trillion” and recently addressed the catalysts…
There are only a few guarantees in the stock market. One is that it is always trending. It is either going up, down, or sideways. Another guarantee is that sooner or later the trend will change. Shares of Baidu may…
Meta Platforms Inc (NASDAQ:META) launched Threads a year ago as Mark Zuckerberg’s strategic move to capitalize on Elon Musk’s struggles with X, formerly Twitter. The long-standing feud between these tech giants has transformed into a direct business rivalry, poised to…
The soaring investor interest in artificial intelligence has propelled a rally in U.S. stock markets, but it has also fueled concerns about a potential AI-bubble burst akin to the dotcom-bubble eruption of the late 1990s. The excitement over AI in…
Plug Power Inc (NASDAQ:PLUG) plans to leverage the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) in its upcoming quarterly financial reports. The development positions Plug Power among the first U.S. clean hydrogen producers…
Crypto exchange Coinbase (NASDAQ:COIN) has filed lawsuits against the Securities and Exchange Commission and the Federal Deposit Insurance Corporation for failing to comply with Freedom of Information Act requests. What Happened: The company is seeking a court order to compel…
Earlier this month, Diversified Energy Company PLC (NYSE:DEC) completed the acquisition of certain assets of Oaktree Capital Management. The stock price represents "an attractive entry point," given the company's high free cash flow yield, fixed dividend, and upcoming addition to…
Goldman Sachs analyst Will Nance assumed PayPal Holdings (NASDAQ:PYPL) with a Neutral rating and a price target of $69. PayPal shares are near their lowest level since 2017, as the market has increasingly become worried about PayPal's competitive positioning in online…