FedEx shares took a huge hit, sinking over 8% after the parcel delivery behemoth cut its full-year guidance. The company pinned this change on “persistent weakness and uncertainty” in the U.S. industrial economy. The announcement caused shockwaves in the market, sending the entire market tumbling as investor mood turned sour....
The stock market has had a rough couple of weeks, characterized by painful swings up and down and widespread investor fear. Added to recent market whiplash, caused by remarks such as those from former President Donald Trump, it has left investors scratching their heads. Financial advisors are increasingly playing an...
As March 21 came and went, the entire cryptocurrency market was largely shaken by the recent collapse. Traders were quick to take profits after Bitcoin retraced from the $87,000 area. The overall capitalization of the market dipped 2.5%, falling to just under $2.75 trillion. The outcome of the Digital Asset...
Bitcoin (BTC) hit two-week highs. This surge was largely fueled by speculation that the US government was preparing to rollout a comprehensive pro-crypto framework. The market's positive reaction stemmed from signals that policymakers are considering two rate cuts by the end of 2025. Bitcoin continued to ride the wave from...
Bitcoin’s price increased more than $31,000 today. This rise was caused by some factors that demonstrate a restored faith in the cryptocurrency market. Long-term holders are obviously in an accumulation phase. To keep that positive momentum going, the Federal Reserve has signaled that interest rate cuts could come as soon...
Bitcoin price unlikely to breach $77k threshold anytime soon. Now, analysts are seeing a pronounced shift in market sentiment as they forecast the end of quantitative tightening (QT). Comments from the Federal Reserve signaling a potential slowdown in QT have sparked a wave of optimism in the crypto market. The...
Solana (SOL) is experiencing a significant price increase today, trading at approximately $134, marking a more than 6% rise in the last 24 hours. This surge is attributed to the overall recovery of the cryptocurrency market and growing anticipation surrounding potential spot Solana ETFs. The altcoin has pumped over 20%...
As of last week, the S&P 500—the most important single benchmark for the U.S. stock market—officially entered a correction. It fell 10% from its recent peak in February. This decline mirrors investor uncertainty among an erratic and inconsistent policy landscape from the Trump administration, especially on tariffs. The S&P 500...
The crypto currency market is nutso! Over only the past day, total market capitalization has risen by about 3.2%, reaching an all-time high of over $2.8 trillion on March 20. Bitcoin (BTC) and Ether (ETH) have ranked up right along with them, up approximately 3% and 4% in the same...
This "bucket approach" is an investment strategy for retirement that aims to shelter retirees’ portfolios from the risk of a stock market crash. This strategy follows the idea of splitting a portfolio into clearly-defined buckets, with each going to work on something different. Amy Arnott, a portfolio strategist with Morningstar...
Since that initial effort, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has been pretty busy adding 80 organizations to its “entity list.” Over half of these folks are based in China. This move prevents US firms from shipping technologies to these groups without government licenses. The...
Ether is on track to have its worst Q1 since 2018. This bearish move has sent XEN to its lowest ETH/BTC ratio since May 2020. The overall cryptocurrency market was in a downtrend since the beginning of the year. Even with this bear market, many cryptocurrency observers are bullish on...
Ellen Pompeo, star of the long-running medical drama "Grey's Anatomy," revealed the pivotal role Shonda Rhimes played in securing her $20 million-a-year contract. Pompeo discussed her journey to achieving financial independence and advocating for other women in a recent appearance on the "Call Her Daddy" podcast. The actress emphasized the...
23andMe, the California-based personal genomics company, has today made a formal Chapter 11 bankruptcy protection filing. This decision deepens uncertainty about the long-term fate of its extensive genetic database. The company has faced recent and unprecedented scrutiny by the public for its data privacy practices. Now, as part of the...
Bitcoin now stands at a historic crossroads. This price is right around the cost basis for short-term whales and hyperactive addresses. When looking at Bitcoin’s position locally/historically, there are high odds at a major rally. Stay tuned for more thrilling news in the next few months! Notable levels like this...
This company, GameStop, has in part chosen to park some of their corporate cash reserves into Bitcoin. This decision is made all the more surprising given the company recently announced a staggering net income of $131.3 million for their fourth quarter. The board’s vote of unanimous confidence authorized the entire...
GameStop announced its board of directors has unanimously approved a plan to purchase bitcoin using the company's corporate cash reserves. This move, similar to MicroStrategy's well-known bitcoin investment strategy, comes as investors celebrate GameStop's positive fourth-quarter results. The announcement triggered a rapid spike in the company’s stock. It surged over...
Additionally, fellow Ethereum competitor Cardano (ADA) has been making gains to recover footing above $1. Its success depends on a complex and fluid approach. The Cardano Foundation's stewardship of network governance, coupled with strategic support for use cases aligned with Cardano's core tenets of scalability and decentralization, are critical factors....