The S&P 500 has officially entered correction territory, experiencing a 10% drop from its all-time high, and another decline of 10% would indicate a bear Market. Despite this, history shows that corrections of this nature are common, as seen during past economic events like the 2008 financial crisis and the Covid-19 pandemic. Bitcoin, which started ...
Financial markets are showing mixed signals amid rising uncertainty. The US debt ceiling was recently raised from $36.1 trillion to $40.1 trillion, leading to a drop in the 10-year Treasury yield from 4.4% to 4.29%. While this typically signals stability, both stocks and cryptocurrencies are declining, with the S&P 500 down 3% and Bitcoin plunging ...
The excitement around artificial intelligence (AI) continues in the U.S., even with challenges from China’s DeepSeek initiatives. Four major tech companies are planning to invest $325 billion in AI infrastructure by 2025, representing a substantial rise in capital spending. This investment is expected to transform various industries, including robotics and healthcare, over the next five ...
In 2024, Palantir Technologies (NASDAQ: PLTR) emerged as a leading performer in the S&P 500, significantly outpacing Bitcoin with an impressive one-year price increase of over 409%. This growth is attributed to strong demand for its data analytics and AI-driven software solutions, which have captured investor interest. After announcing better-than-expected earnings, analysts have shown increasing ...
Amid growing acceptance of cryptocurrencies in mainstream finance, their value has surged, with 401k plans now offering crypto investment options to employees. Meanwhile, GameStop’s stock rose nearly 10% after speculation about the retailer’s potential interest in bitcoin, following a social media post by CEO Ryan Cohen alongside a prominent bitcoin investor. In other news, President ...
Stellantis, the automaker behind brands like Ram and Jeep, is gearing up for a significant comeback after facing a steep decline in its stock value since March 2024. With a low price-to-earnings ratio and various challenges ahead, including potential tariffs and rebuilding dealership relationships, investors are closely watching the company’s plans for 2025. Stellantis aims ...
In a recent interview with Quartz, Christopher McMahon, CEO of Aquinas Wealth Advisors, shared insights on investing in cryptocurrencies as part of their “Smart Investing” video series. Right before Donald Trump’s inauguration, he announced a new cryptocurrency venture, showcasing the growing intersection of politics and digital finance. Stocks have shown mixed reactions, with notable movements ...
MicroStrategy’s stock has taken a significant hit, dropping to $302.96 and falling further to $293.59 after hours, marking a 46% decline from its November peak of $543. This drop followed news of a proposal to increase stock shares, raising investor concerns about the company’s aggressive strategy of acquiring Bitcoin, now totaling 446,400 BTC. While the ...
KULR Technology Group, Inc. has made headlines by investing $21 million in Bitcoin as part of its new treasury strategy. The company purchased 217.18 Bitcoin at an average price of $96,556.53 per BTC, following a plan to allocate up to 90% of its surplus cash to cryptocurrency. This investment marks the beginning of ongoing BTC ...
MicroStrategy’s stock has surged nearly 500% this year, making it a strong contender for inclusion in the Nasdaq 100 index, which will be reshuffled soon. The company, primarily known for its software, has shifted its focus to Bitcoin, holding approximately 400,000 bitcoins valued around $42 billion. This shift came as its software revenue declined, and ...
