As a form of value exchange, many cryptocurrencies and blockchain-based digital assets provide value. Smart contracts paved the way for a whole range of decentralized applications, which provide value to millions of users each and every day. While investors may easily support certain conceptual growth features of blockchain technology and the cryptocurrencies that arose out
Several growth stocks have rebounded this year on improved investor sentiment, even as macro uncertainty continues to impact businesses. While many experts anticipate the Federal Reserve holding on to interest rates at current levels, based on data revealed by recent economic releases, it is worth noting that inflation still remains above the Fed’s target of
Preston interviews Alex Gladstein about the humanitarian impact that Bitcoin is having on self-sovereignty all over the world. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:19 – Alex Gladstein’s book Check Your Financial Privilege and current world events 0:12:14 – Recently the Senate is directing the State Department to investigate the economic impact Bitcoin
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The Tesla logo is seen on a charging station in Virginia, Aug. 16, 2023. Celal Gunes | Anadolu Agency | Getty Images Check out the companies making the biggest moves midday. Roku — Shares popped 3% after the streaming company announced it would lay off 10% of its staff, consolidate office space and look to
Here’s a billion-dollar question for you. Why hasn’t PayPal (NASDAQ:PYPL) stock participated in the massive tech-stock rally of 2023 so far? A main reason is the market’s feelings of reluctance and uncertainty about PayPal during this transitional period for the company. So, if you’re willing to take on some risk, you might have a chance
In past coverage of QuantumScape (NYSE:QS), I have laid out the bear case for QS stock. Here it is in a nutshell: QS will continue to drop in price, for one of two reasons. Either the electric vehicle battery technology company won’t move from developing solid state batteries for EVs, to producing them on a
In 2023, Archer Aviation (NYSE:ACHR) stock surged over 250%, drawing the attention of short sellers, with 24.58 million shares shorted as of Aug. 15, up from 14.1% on July 31. With ACHR stock’s average daily trading volume, it would take 3.2 days to cover the short positions, considered moderately high. Thus, this is a company
A man passes by a GameStop location on 6th Avenue in New York, March 23, 2021. View Press | Corbis News | Getty Images Check out the companies making headlines in extended trading. GameStop — The video game retailer surged 5% after posting an increase in sales for its latest quarter. GameStop reported revenue of
As a rule of thumb, investors ought to consider securities with strong volume and chart mobility as opposed to sleeper stocks. It’s like baseball. Some teams may thrive on “chaos” that may work out during the playoffs. However, their inconsistency during the regular season prevents them from doing their thing. So it is with sleeper
Heading into autumn, traders are looking for the next big short-squeeze stock. A common fallacy is that we should turn to former meme and short-squeeze stocks in hopes that lightning will strike twice. But the magic is long gone for these former high-flying entities. These three stocks’ best days are already behind them. Here’s my
This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here. Nvidia’s (NASDAQ:NVDA) second-quarter results on Aug. 23 should have been a triumph for AI enthusiasts. The Silicon Valley chipmaker beat revenue estimates by 20.3% and net profits by 29.5%. These stunning figures would ordinarily
Two more stocks for your aggressive growth radar screen.
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Occidental Petroleum, Halliburton, EOG Resources — Shares of oil and gas companies were higher Tuesday after Saudi Arabia earlier extended its one million barrel per day voluntary crude oil production cut
JOBY Aviation (NYSE:JOBY) is a key player in the emerging air mobility sector, showing promise despite recent gains. Its expertise in electric vertical takeoff and landing aircraft space makes JOBY as a leader in innovative urban transportation solutions. This flying car stock offers potential for cautious long-term growth investors looking to tap into the air
Some financial traders are curious about EVgo (NASDAQ:EVGO) stock because they envision a strong future for the electric vehicle charging market. That’s understandable, but EVGO stock only earns a “D” grade because EVgo’s bottom-line results are highly problematic. This doesn’t mean that EVgo is completely hopeless. We’re not assigning the shares an “F” grade, as
People celebrate the GitLab initial public offering at the Nasdaq, Oct. 14, 2021. Source: Nasdaq Check out the companies making headlines in after-hours trading. Zscaler — The cloud security stock slipped 1% even after a better-than-expected report for its fiscal fourth quarter and strong current-quarter guidance. Zscaler reported adjusted earnings of 64 cents per share
The United States economy added 187,000 new jobs last month, and this is accompanied by an unexpected rise in the unemployment rate to 3.8% . This in turn raises the odds for the soft landing that the Federal Reserve wanted. In addition, labor force participation increased and earnings growth slowed. This shows a positive outlook
Predicting the trajectory of bank stocks in 2023 has been incredibly challenging. The unnerving sight of bank runs just a few months ago was a stark reminder of the unpredictable waters this sector is treading. Though high bond yields have cast shadows over stock markets globally, the financial sector has been hit the hardest, prompting
On today’s show, Preston Pysh sits down with two of the biggest names in Bitcoin, Dr. Adam Back and Plan B. They talk about the current market conditions, and much of what’s happening in the derivatives market. IN THIS EPISODE, YOU’LL LEARN: – Adam and Plan B’s opinions on the current market conditions – What