Bitcoin (BTC-USD) and other cryptocurrencies such as Ethereum (ETH-USD) and Solana (SOL-USD) are dropping this morning after bitcoin reached another all-time high this week. The move is dragging on crypto-related stocks, including Coinbase (COIN), MicroStrategy (MSTR), and CleanSpark (CLSK). Overall, it's been a busy week for Wall Street, with everything from inflation data to key earnings from Oracle (ORCL), Dick's (DKS), and Adobe (ADBE). Yahoo Finance trending tickers include Microsoft (MSFT), Ulta Beauty (ULTA), and Rivian (RIVN). Key guests include:9:15 a.m. ET - Susan Anderson, Canaccord Genuity Managing Director9:40 a.m. ET - Kate McShane, Goldman Sachs Equity Analyst and Managing Director10:40 a.m. ET - Todd McKinnon, Okta CEO11:30 a.m. ET - Christopher Newhouse Cumberland Labs DeFi Analyst...
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Continue Reading“It’s no coincidence that some of the nation’s most notorious tax dodgers also pay their executives too much,” a report finds...
Continue ReadingSMCI has deteriorating margins and is overvalued compared to Nvidia. Find out why investors should sell SMCI stock and buy Nvidia, if they are bullish on AI...
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Continue ReadingSuper Micro Computer Inc's inclusion in S&P 500 boosts institutional interest, bolstered by solid fundamentals and growth plans. Explore more details here...
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Continue ReadingThere's a case to be made that Tesla no longer qualifies as a "must-own" stock along with its six other big tech peers...
Continue ReadingRivian stock is rebounding, but the company has its work cut out for it...
Continue ReadingWith next week's Federal Reserve meeting up close and personal - once a hot favourite date for a first rate cut - this is not the outcome the bond market bargained for at the turn of the year. A second U.S. inflation disappointment in the space of a week, the biggest annual oil price gains since 2022 and a very real chance the Bank of Japan ends its long-standing negative interest rate policy as soon as Tuesday all took a toll on Treasuries over the past 24 hours. With futures now doubting a rate cut will come at all in the first half of the year - and more than 50 basis points lopped off expectations for the whole easing cycle since January - Treasury yields surged again on Thursday...
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