Salesforce stock surges as revenue beats estimates and excitement builds for its new AI tools
Wall Street analysts were mostly bullish after the results, with several raising price targets for the stock on the excitement for the firm's AI tools.
With Fraud Allegations Cleared, Is Super Micro Computer Stock (SMCI) a Buy?
Super Micro Computer’s stock (SMCI) has been at the center of controversy in recent months due to accounting fraud allegations from a short-selling firm, which caused its stock to plunge. While the long-awaited verdict on the case came out in Super Micro’s favor, leading to a rebound in the stock, there are still concerns connected to its growth story that prompt me to maintain a neutral stance for now. Although the stock’s valuations remain attractive, even after the recent rebound, this articl
Trump taps crypto ally Paul Atkins for SEC chair, but critics worry about investor protection
Critics of Atkins, a proponent of lax crypto regulation, warn of risks to retail investors in another market crash.
Alex Cooper’s Trump Call; Influencer Marketing M&A
Alex Cooper reveals a call with the podcasting-friendly Trump campaign. Plus, more influencer marketing M&A.
Could This Be the Day Bitcoin Cracks $100,000?
Financial professionals like to talk of "psychologically important" price levels for securities. Before we discuss that, let's do a little tour of recent Bitcoin history. If we cast our imaginations back to the long-ago, dark days of December 2023, Bitcoin was sailing along at about the low $40,000s.
Dow Closes Above 45,000 for First Time; S&P 500, Nasdaq Reach Fresh Records
The Dow Jones Industrial Average closed above 45,000 for the first time Wednesday, while the S&P 500
Five Below Tops Third-Quarter Views, Names CEO; Stock Jumps After Hours
Five Below (FIVE) late Wednesday reported a surprise increase in fiscal third-quarter earnings as re
Marvell Technology Stock Jumps on Optimism Driven by ‘Custom AI’
Marvell Technology shares led Nasdaq 100 stocks higher in the wake of strong fiscal third-quarter results released after the bell Tuesday.
Oil slips ahead of OPEC+ decision on production cuts
NEW YORK (Reuters) -Oil futures fell nearly 2% on Wednesday as investors awaited an imminent OPEC+ decision on production cuts, while a larger-than-expected draw in U.S. crude stockpiles last week lent some support to prices. U.S. West Texas Intermediate crude futures fell $1.40, or 2%, to $68.54. The market was on tenterhooks, with investors focused on the upcoming OPEC+ meeting, analysts said.
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.