Various artificial intelligence (AI) – in the colloquial sense – chatbots have been considered to have passed the Turing test for more than a decade. Perhaps the most famous of these – Eugene Goostman – was developed by a Russian-Ukrainian team in Saint Petersburg, Russia, already in 2001. Despite this long history, few platforms made…
In the short term, the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) created a massive downturn for the world’s foremost cryptocurrency and for the crypto market as a whole, as it wiped $100 billion in less than a week. Additionally, the shares of MicroStrategy (NASDAQ: MSTR), a company that tied its fate to that…
The last sixty-odd weeks have been tough for the electric vehicle (EV) industry and a slowdown in demand – and pivot hybrid models – forced manufacturers to lower prices and saw their shares decline significantly in the stock market. Perhaps the most alarming developments stemming from the trend have been analyst predictions that Tesla (NASDAQ:…
Despite starting the year with electric optimism at the heels of a major rally, the crypto market has spent the first month of 2024 on a downtrend. Even the highly-anticipated approval of a list of spot Bitcoin (BTC) exchange-traded funds (BTC ETFs) only deepened in the subsequent weeks. Despite this, the year remains exciting for…
Michael Burry made a name for himself by making a bet of a lifetime after successfully foreseeing the 2008 financial crisis and became a household name after the release of ‘The Big Short’ film depicting the events. After successfully shorting the housing market a decade and a half ago, Burry has been an intermittently active…
The world of crypto has always held a dual promise for the world – a revolution in how global financial systems operate thanks to the development of blockchain ecosystems and a way to gain significant returns by investing in promising cryptocurrencies and Web3 projects. The former promise is still in the future as dozens of…
A significant number of U.S. politicians have gained the reputation for being either Buffett-like stock market prodigies or serial insider traders – depending on whom you ask – and many of them have managed to significantly beat the market on numerous occasions. Their propensity for perfectly-timed stock purchases and sales is, perhaps, most visible when…
With a cooling inflation rate and despite persistent recession fears, 2023 brought numerous opportunities for investors to make it big both on the stock and the crypto market. Multiple rather unknown small-cap companies achieved stunning results, growing by thousands of percent. Still, the year was also marked by blue-chip firms giving significant returns. Perhaps most…
After more than a year of slumber, maybe even ‘crypto winter’ hibernation, the crypto market is again abuzz following a string of victories in late 2023 and early 2024 and in the leadup to major developments scheduled to happen later this year. In the final quarter of last year, Bitcoin (BTC) started rallying and quickly…
While the Chinese stock market – both mainland and Hong Kong – has been struggling for years, as it saw more than $6 trillion wiped since 2021, it fully grabbed international attention with the onset of 2024. A string of attempted government interventions with lukewarm reception, a near-continuous downtrend across the board, a massive sell-off,…