What is going on at Super Micro Computer (NASDAQ: SMCI)? Shares of the once high-flying artificial intelligence (AI) server company have collapsed after a growing scandal has enveloped the business.…
Cryptocurrency News
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Cryptocurrency News
‘Roaring 20s’ on Wall Street could extend into the 2030s after likely Republican sweep, market veteran says
by skolnesSince the U.S. economy began rebounding from the pandemic, market veteran Ed Yardeni has been banging the drum that a new “Roaring 20s” will drive Wall Street. Now, with Donald…
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This Magnificent Artificial Intelligence (AI) Stock Could Hit a $2 Trillion Valuation in the Next 3 Years
by skolnesArtificial intelligence (AI) has turned out to be a tremendous catalyst for many companies, thanks to its growing adoption in multiple industries ranging from cloud computing to factory automation to…
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(Bloomberg) — US inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward the Federal Reserve’s target. Most Read…
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(Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from…
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Cryptocurrency News
Is Li Auto Stock’s (LI) Selloff Justified as Trump Vows to Raise Tariffs?
by skolnesLi Auto (LI) stock is down more than 7% in Friday’s trading session. The selloff appeared to be a direct reaction to the U.S. election result, with president-elect Donald Trump…
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(Bloomberg) — FTX filed a lawsuit against Anthony Scaramucci and his hedge fund SkyBridge Capital as part of a broader effort to claw back money for creditors of the bankrupt…
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Cryptocurrency News
2 Magnificent S&P 500 Dividend Stocks Down Year to Date to Buy and Hold Forever
by skolnesThe S&P 500 (SNPINDEX: ^GSPC) has a lot of winners in its ranks, which is why the famous stock market barometer is up more than 31% since the start of…
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Cryptocurrency News
Do the Prospects for Dividend Favorite Realty Income Look Strong, or Is Trouble Brewing?
by skolnesRealty Income (NYSE: O) has long been a favorite of income-oriented investors given its monthly dividend payment, robust yield, and history of increasing its dividend. Meanwhile, the real estate investment…
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Nuclear energy stocks have become a favorite of Wall Street this year as the artificial intelligence boom spreads and Big Tech searches for ways to meet its growing power demand.…