Category: News
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Donald Trump’s Win Coupled With Macro Factors Sets Stage For ‘Accelerated Cycle’ In Crypto Markets, Analyst Predicts
in NewsFollowing Donald Trump’s recent election win, crypto analyst Miles Deutscher foresees bullish momentum for the crypto market, fueled by favorable macroeconomic conditions. What Happened: In a podcast update, Deutscher shared his belief that with the Republican Party in control, crypto-friendly legislation could advance more easily, benefiting the sector. He expressed that Trump’s triumph, along with…
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Bond Market Fear Gauge Soars To 1-Year High Ahead Of US Election Results: ‘Bond Vigilantes Have Been Voting Early’
in NewsA widely watched gauge of bond market volatility has surged to its highest level in over a year as American voters cast their ballots in one of the closest presidential races in recent history. The ICE BofAML U.S. Bond Market Option Volatility Estimate Index, or “MOVE” index, closed at 136 on Monday, reaching levels last…
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An Obscure Stock Sends A Warning To Apple – And The Stock Market
in NewsIn the days leading up to Apple Inc’s (NASDAQ:AAPL) highly-anticipated earnings report, a lesser-known stock sent a warning signal to investors regarding the iPhone maker. Qorvo Inc (NASDAQ:QRVO), which provides parts for smartphones, reported lower-than-expected as part of its earnings report, raising concerns about Apple’s iPhone sales. What Does Qorvo Do? Qorvo is a key…
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Trump Vs. Musk: DJT Stock Worth More Than Latest X Valuation Thanks To 2024 Election Run-Up
in NewsA media company co-founded by former President Donald Trump is now worth more than Elon Musk‘s X. What Happened: Trump Media & Technology Group (NASDAQ:DJT) currently boasts a market capitalization of roughly $10.3 billion. According to the latest valuation metric from Fidelity, X is worth $9.4 billion. That’s a significant decline from its $44 billion…
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Apple Set To Adapt Oregon Trail Video Game Into Movie With Musical Numbers — But Hopefully No Dysentery
in NewsOne of the most beloved children’s computer video games is getting a movie adaptation. “The Oregon Trail” is sparking an action-comedy movie featuring songs, adding to the lineup of game adaptations in the works by big studios and streaming companies. What Happened: The 1970s educational computer game “The Oregon Trail” is being adapted into a…
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Bitcoin Vs. Gold: Experts’ Price Predictions See The Apex Crypto Catching Up Soon
in NewsBitcoin‘s (CRYPTO: BTC) potential to reach new all-time highs could be linked to the movements of gold, according to experts, who draw parallels between the two assets based on historical trends. What Happened: As gold continues its upward trajectory, some analysts are looking to the yellow metal’s performance as a potential indicator of when Bitcoin…
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AI Meme Coin GOAT Keeps Showing Dogecoin, Shiba Inu How It’s Done, Hits All-Time High After 56% Gain And Exchange Listing
in NewsGoatseus Maximus (CRYPTO: GOAT), an AI-created meme coin, has been gaining significant momentum, with a 160% week-over-week gain and a listing on centralized exchange ByBit. What Happened: ByBit on Wednesday stated that it had listed a GOAT perpetual contract for trading with up to 12.5x leverage. Trader XO highlighted a bullish pattern that has played…
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AMD To Benefit From AI ‘Competitive Arms Race’: Goldman Sachs
in NewsAnalysts from Goldman Sachs highlighted sustained growth in AI infrastructure spending across industries as a key factor in the firm’s Buy rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) in a note released Monday. The Details: Goldman Sachs analyst Toshiya Hari maintained a Buy rating and $175 price target on AMD shares and pointed to increased…
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This Coin Is The ‘Middle Child Of Crypto’ And Will Make A Strong Comeback In 2025 As ‘Contrarian Play,’ Says Bitwise CIO
in NewsA leading industry expert predicts a resurgence for Ethereum (CRYPTO: ETH) in 2025, as does Bitwise Chief Investment Officer Matt Hougan, who sees the second-biggest crypto as a “contrarian play.” What Happened: In a recent interview on Altcoin Daily, Hougan expressed his confidence in Ethereum, calling it the “middle child” of crypto—not as groundbreaking as…
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Elon Musk, Tesla Accused Of Stealing Ideas From ‘I, Robot’ Movie For Cybercab, Robovan: ‘Can I Have My Designs Back Please?’
in NewsA movie director and the public are noticing similarities between the Tesla Inc (NASDAQ:TSLA) robotaxi, now known as Cybercab, the company’s Robovan, and the Optimus bot, and the technology featured in the 2004 film “I, Robot.” What Happened: When it comes to vehicle design inspiration, Tesla CEO Elon Musk is known to look to some of his…