Category: News
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Why Is Micron Stock Surging On Wednesday?
in NewsMicron Technology Inc (NASDAQ:MU) shares surged during Wednesday’s premarket session. This follows a 4.5% gain on Tuesday. Investors are positioning themselves before the company’s fiscal second-quarter results. The report drops after the closing bell on Wednesday. Analysts Expect Massive Year-Over-Year Growth Wall Street expects a significant jump in financial performance. According to Benzinga Pro data,…
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What’s Going On With AT&T Stock Tuesday?
in NewsOn Monday, AT&T Inc. (NYSE:T) reaffirmed its guidance ahead of its Morgan Stanley Technology, Media & Telecom Conference. Lumen Acquisition The company closed its acquisition of Lumen’s Mass Markets fiber business, a move that was finalized ahead of schedule on February 2. This strategic acquisition is set to enhance AT&T’s fiber and fixed wireless internet…
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Elon Musk’s Moon City Runs On AI — And These Chip Stocks Power It
in NewsElon Musk‘s moon-first pivot isn’t just a space story — it’s an industrial and chip story that investors can actually own today. While headlines focus on rockets, the real build-out sits in silicon: high-performance computing, power-efficient chips, and satellite networking that make SpaceX‘s vision operational. Musk says SpaceX can launch to the moon every 10…
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From AI Darlings To Old Economy? Why Investors Flee Software And Chase Value Stocks Again
in NewsSoftware stocks are unraveling fast as investors rethink AI winners, pushing capital out of high-growth tech and back into value stocks and cyclical corners of the market. Over the past week alone, the sector — tracked by the iShares Tech-Expanded Software Sector ETF (NYSE:IGV) — has fallen nearly 20%, extending losses to more than 30% from…
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AI Killed Software, Now It’s Killing Jobs: January Sees Most Cuts Since 2009
in NewsWhile Wall Street remains fixated on the selloff in software stocks—sparked by fears that artificial intelligence is commoditizing complex code and reducing the need for outsourced SaaS—another warning sign is flashing in the labor market. U.S. employers slashed over 100,000 jobs in January — the worst start to a year since 2009. According to a…
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K-Shaped Economy Fuels Luxury Boom: 10 Stocks To Watch Now
in NewsA K-shaped U.S. economy—where wealth continues to concentrate at the top while the bottom half struggles—is leaving its mark on American businesses, with luxury and high-end discretionary spending rebounding even as mass-market consumption weakens and consumer sentiment plummets to recessionary levels. According to Bank of America card data, U.S. luxury spending rose 4% year-over-year in…
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Bitcoin, Ethereum At Historic Highs But Could Go Higher, Bitwise’s Matt Hougan Predicts
in NewsThe cryptocurrency market is riding near-record levels for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), but Bitwise Chief Investment Officer Matt Hougan believes several overlooked factors could still drive prices sharply higher. What Happened: In a note to clients on Wednesday, Hougan pointed to improving regulatory clarity, growing stablecoin adoption, increased corporate treasury purchases, and…
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Bitcoin To Hit $200,000 By Year-End, Bitwise’s Matt Hougan Maintains
in NewsBitwise Chief Investment Officer Matt Hougan has laid out a compelling bullish thesis for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), citing a powerful demand shock as the catalyst for explosive upside over the next 18 months. What Happened: In a podcast with Scott Melker, Hougan predicts Bitcoin will reach $200,000 by the end of…
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Bitcoin Slips Below $117,000 On Whale Selling, Ethereum, XRP Hold Steady
in NewsThe cryptocurrency market is seeing a modest pullback on Friday, with Bitcoin breaking below the $117,000 level, caused by an uptick in whale selloffs. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $116,634.79 Ethereum (CRYPTO: ETH) $3,730.88 Solana (CRYPTO: SOL) $181.14 XRP (CRYPTO: XRP) $3.13 Dogecoin (CRYPTO: DOGE) $0.2325 Shiba Inu (CRYPTO: SHIB) $0.00001369 Notable Statistics: IntoTheBlock…
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Bitcoin, Ethereum, XRP, Dogecoin Surge As Traders Expect ‘Final Major Leg Higher’
in NewsCryptocurrency markets are trading higher on Thursday morning, with Bitcoin consolidating below its new all-time high at $112,000. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $111,184.73 Ethereum (CRYPTO: ETH) $2,781.84 Solana (CRYPTO: SOL) $157.46 XRP (CRYPTO: XRP) $2.44 Dogecoin (CRYPTO: DOGE) $0.1808 Shiba Inu (CRYPTO: SHIB) $0.00001251 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large…