Analyst Adam Jonas points to xAI investment, Full Self-Driving rollout, and chip ambitions as drivers of the next phase...
Continue ReadingHe bought Nvidia at $101, rode the AI wave to solid gains, and then dumped everything. In a post on the Stocks subreddit, a 25-year-old investor said he sold his entire portfolio—including top performers like Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), and Alphabet (NASDAQ:GOOG, GOOGL)) —because he's convinced the market is sitting on a ticking time bomb. "I have SOLD IT ALL because I fear that it might crash because of all the uncertainty and overvaluation," he wrote. Despite gaining around 1...
Continue Reading“Rich Dad Poor Dad” author Robert Kiyosaki is doubling down on his message that being an entrepreneur is the safest path in today's unstable economy. Layoffs Surge In a recent post on X, Kiyosaki reacted to news that executive outplacement firm Challenger, Gray & Christmas expects 153,000 American workers to be laid off. “Breaks my heart,” he wrote. “Few events in anyone's life are more painful than being fired.” But Kiyosaki then contrasted that pain with his own path. “I've never been fired be...
Continue ReadingThe Nasdaq Composite’s early gain didn’t last long. The tech-heavy index was down 0.3% after opening higher. The S&P 500 was up just 0.1%. The Dow was up 400 points, or 0.8%. Riskier stocks were still rebounding, but some of the S&P and Nasdaq’s heaviest hitters were mixed...
Continue ReadingCoinbase plans to leave Delaware and reincorporate in Texas after a group of shareholders with a majority of voting power voted to approve the move...
Continue ReadingInvestors knew the fourth quarter would be tough for electric vehicle makers like Tesla They might not have known how tough—or how Tesla stock would react. In October, Tesla sales fell 23% year over year in four markets, North America, Europe, China, and South Korea, according to industry data tracked by Wells Fargo analyst Colin Langan...
Continue ReadingInvestors awaited a key House vote that could end the longest government shutdown in US history...
Continue ReadingTesla (NASDAQ:TSLA) CEO Elon Musk has sent the price of a Solana memecoin surging with an X post rekindling a 2021 Dogecoin promise. “It’s time,” Musk said on Nov. 3 on X, referring to a 2021 promise “to put a literal Dogecoin on the literal moon” with a SpaceX mission aptly named DOGE-1. While the post in previous years would have sent DOGE soaring, the memecoin failed to react. Instead, it fell by as much as 10%, from about $0.19 to $0.16, amid a broad market crash. Don't Miss: Missed Nvidia a...
Continue Reading(Reuters) -Cryptocurrency exchange Coinbase (COIN) is reincorporating in the new business hub of Texas and will leave Delaware, the company said in a filing with the U.S. securities regulator on Wednesday...
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