A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are āhopium.ā Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows.In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that Bitcoin… More
Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed. Bloomberg Intelligence senior strategist Mike McGlone is bullish on Bitcoin (BTC) as he believes that āsomething unexpected needs to happen for Bitcoin’s price to stop doing what it’s been doing for most… More
Expectations for Nvidia Corp. (NVDA) couldnāt have been higher going into its fiscal second-quarter 2021 results, and now the stock may feel the effect of the hangover. The stockās price nearly tripled off the March lows, as investorsā attention turned to companies likely to capture market share during the pandemic. As a result, the equity… More
getty Markets were well into the green this morning as Apple Inc AAPL hit the $2 trillion market cap mark in just 2 years after hitting the first trillion. Incredible to think as it took Apple 42 years to hit the first milestone, and most of the second trillion came in the last 21 weeks… More
TOPLINE The S&P 500 is officially out of its 2020 bear market after hitting a new record high on Tuesday, and the massive rebound has been led by energy, homebuilding and retail companies whose shares have more than doubled over the last five months, according to Bloomberg data. Whirlpool’s logo on the front of a… More
getty Be careful with conventional āwisdomāāespecially when it comes to dividend investing. Some investors are so scared of a payout cut that they chase too-popular yields and watch their money grind sideways for years on end. This safety trap is especially tempting in 2020, with dividend cuts happening left and right. Weāve had 639 publicly… More
TOPLINE Apple hit a new milestone on Wednesday, becoming the first publicly traded U.S. company to reach a market capitalization of over $2 trillion and doubling in valuation over the last two years. Apple CEO Tim Cook. Taylor Hill/WireImage KEY FACTS The iPhone makerās stock is up almost 55% so far in 2020, and shares… More
getty The S&P 500 was continuing its march upwards as it hit new all-time highs this morning after earnings from Target TGT came across the tape. The company shares jumped over 10% as digital sales increased by 197% over the same time last year, helping the entire sector get a lift this morning. Lowe’s also… More
A screen shows the share price of Alibaba Group during the company’s listing ceremony at the Hong … [+] Kong Stock Exchange on Tuesday, Nov. 26, 2019. (AP Photo/Kin Cheung) ASSOCIATED PRESS Two hundred!? Youāre kidding me, right? Nope. And unless foreign companies are compliant with the Sarbanes Oxley Act (SOX), they might even be… More
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