EtherNurphoto / Getty Images The success of bitcoin and ether has led to an onslaught of new cryptocurrency coins and protocols.There are more than 16,000 crypto tokens that have a collective market cap of about $2 trillion.Here’s why these four potential “Ethereum killers” could disrupt ether, according to JPMorgan.Sign up here for our daily newsletter,… Continue reading Here’s why these 4 cryptocurrencies are considered potential ‘Ethereum killers,’ according to JPMorgan
Rivian stock is still a top EV play despite its big sell-off this week, Morgan Stanley says: ‘You can’t have the reward without the pain’
RivianRivian Rivian investors should brace for near-term pain as the EV-maker may face a “gauntlet of fires,” said Morgan Stanley. But the company is still a good long-term buy, despite the recent share slump wrote analyst Adam Jonas. Jonas said investors should use the dip in the stock price as a buying opportunity. Sign up… Continue reading Rivian stock is still a top EV play despite its big sell-off this week, Morgan Stanley says: ‘You can’t have the reward without the pain’
These are the 5 best performing cryptocurrencies over the past week amid bitcoin bear market
A visual representation of the digital cryptocurrenciesS3studio/Getty Images While bitcoin and ethereum dominate the headlines, there are more than 16,000 other crypto coins.With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time.These are the five best performing cryptocurrencies over the past week, according… Continue reading These are the 5 best performing cryptocurrencies over the past week amid bitcoin bear market
GameStop surges 20% on report it’s planning a NFT marketplace – with WallStreetBets eyeing a repeat of last year’s meme mania
Keith Gill was one of the main forces behind the surge in “meme stock” GameStop in January 2021.SOPA Images/Getty Images GameStop surged 20% in premarket trading after a report said its planning an NFT marketplace. The Wall Street Journal also reported that GME is close to signing two crypto partnerships. Reddit forum WallStreetBets rejoiced and… Continue reading GameStop surges 20% on report it’s planning a NFT marketplace – with WallStreetBets eyeing a repeat of last year’s meme mania
Uranium and oil prices have spiked as Kazakhstan’s political upheaval spurs fears about reduced production and supply chain disruptions
The mayor of Almaty’s office seen ablaze in Almaty, Kazakhstan, on January 5, 2022.Valery SharifulinTASS via Getty Images Kazakhstan’s government resigned after a week of social unrest, but turmoil in the country has intensified. Uranium and crude oil prices have spiked in the wake of the country’s political upheaval. Oil-rich Kazakhstan produces 40% of the… Continue reading Uranium and oil prices have spiked as Kazakhstan’s political upheaval spurs fears about reduced production and supply chain disruptions
Tesla leads 10 most-traded retail stocks on the Nasdaq in 2021
Associated Press The Nasdaq Retail Trading Activity Tracker ranked the top 10 stocks among day traders in 2021. Tesla leads the group, thanks in part to retail traders’ love of Elon Musk and EV makers. Popular exchange-traded funds like Invesco’s QQQ also made the list. Sign up here for our daily newsletter, 10 Things Before… Continue reading Tesla leads 10 most-traded retail stocks on the Nasdaq in 2021
US stocks fall as investors struggle to stage a recovery from Fed-induced sell-off
Andrew Burton/Getty Images US stocks extended losses Thursday, ending a see-saw session following the market’s rout the previous day. The Nasdaq Composite had edged higher in the session but failed stage a recovery from its 3.3% slide. Next up for investors is Friday’s US jobs report. US stocks lost more ground Thursday, with the Dow’s… Continue reading US stocks fall as investors struggle to stage a recovery from Fed-induced sell-off
Investor sentiment is split as tech-driven rout puts the S&P 500 just 2% off record high
Photo by Spencer Platt/Getty Images Investor sentiment is split amid a steep sell-off in tech stocks that has driven the market lower.Recent sentiment readings from CNN’s Fear & Greed Index and AAII’s Investor Sentiment show a 50/50 split between bulls and bears.While the S&P 500 is just 2% below its record highs, some high-flying tech… Continue reading Investor sentiment is split as tech-driven rout puts the S&P 500 just 2% off record high