Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies. The growth was largely driven by renewed optimism stemming from numerous positive developments, which include a pause in interest rate hikes, cooling inflation, overall strength in the technology sector – particularly when it comes to…
Former hedge fund manager, current media personality, energetic host of CNBC’s “Mad Money,” and generally a well-known figure in the world of investing and finance, Jim Cramer has accrued a wide array of fans and critics over the years. Throughout his career, Cramer has made many predictions on what the stock market might do and…
The cryptocurrency space witnessed a momentous week, highlighted by the historic launch of the first-ever Bitcoin exchange-traded fund (ETF) in the United States. This development is expected to have a generally bullish impact on the sector. Following this product launch, the overall market experienced short-term price fluctuations primarily led by Bitcoin (BTC). While Bitcoin captures…
In the first 10 days of 2024, the stock of the semiconductor giant Nvidia (NASDAQ: NVDA) has been shooting up. The price movements come after a year of strong performance – both on the business and the stock market side – and in the climate of continued industry dominance, including for the chips for the…
The 2023 slowdown in the electric vehicle (EV) market seemingly failed to halt the growth of Elon Musk’s Tesla (NASDAQ: TSLA). While the firm was forced to lower prices to offset low demand, its efforts, unlike those of its competitor Lucid (NASDAQ: LCID), were largely successful. Throughout the year, Tesla managed to set a new…
In 1970, the American singer-songwriter Edwin Starr released a song titled “War,” in which he concluded that is, in fact, good for absolutely nothing. Despite this popular stance, the five decades since have seemingly proven that war is, in fact, quite good for several things, including the market performance of the so-called “war stocks.” Despite…
On December 21, 2023, Representative Nancy Pelosi made public her investment of between $1- $5 million in Nvidia (NASDAQ: NVDA) call options with a strike price of $120. At the time of the trade on November 22, the semiconductor giant’s stock was worth approximately $488. At the stock market’s close on Monday, January 9, 2024,…
Given its many functions and importance – as a lucrative commodity, a crucial resource for daily life, and a critical tool in the national security arsenal, just to name a few – it is, perhaps, alarming that oil has had an interesting 2023 with 2024 shaping up to be just as eventful. While the price…
Between the artificial intelligence (AI) boom, a pause in interest rate hikes, and successes in the fight against inflation, 2023 remains notable as a year of recovery both for the stock market and numerous cryptocurrencies. Despite the overall positive trend and the optimistic expectations for 2024, the first days of the New Year have brought…
The semiconductor giant Nvidia (NASDAQ: NVDA) offered a very strong performance throughout 2023, with its stock rising more than 200% in the 52-week period. This success was largely driven by the artificial intelligence (AI) boom, as well as technological developments such as the unveiling of a new high-end chip – the H200. The company, however,…