Quantitative asset manager IDX Digital Assets has sold all of its bitcoin holdings. IDX Chief Investment Officer Ben McMillan discusses why, citing news from China, global regulatory actions, and BTC's speculative nature. Plus, his take on bitcoin's volatility being increasingly resilient to China's crypto crackdowns, levels to watch to get back into bitcoin, Ethereum, and DeFi.
This is what could happen next to Nvidia shares.
The 7% sell rule is one of the tools nimble individual investors have that larger funds which hold large positions among a wide range of stocks may not.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. saw April sales jump 60% to NT$236 billion ($7.3 billion) as sustained artificial intelligence demand was helped by the beginnings of a recovery in consumer electronics.Most Read from BloombergBiden Set to Impose Tariffs on China EVs, Strategic SectorsApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TV‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatThe world’s la
Nvidia shares surged following its fourth-quarter report, and investors are hoping for an encore on May 22.
Americans can improve their net worth through prudent budgeting and smart investments.
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
This year started with a bang, saw a fizzle in April – but now appears to be regaining its stride. As we saw last year, the gains continue to be dominated by the ‘Magnificent 7’ tech stocks. This group of mega-cap companies collectively experienced a 48% year-over-year earnings increase in the recent first-quarter 2024 releases, in contrast to a 2% collective decline across the other S&P companies. Going forward, however, expectations are that the remaining 493 companies on the S&P will close th
Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cash this quarter, and shrugged off dollar worries.
(Bloomberg) -- Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week. Most Read from BloombergBiden Set to Impose Tariffs on China EVs, Strategic SectorsApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TV‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatThe Stoxx 600 ad
These supercharged energy income stocks -- with an average yield of 9.87% -- can really fatten your pocketbook.