Category: Stock Market

Intel Stock INTC Breaks Key Resistance on Strategic Apple Partnerships, $51 Next Target

Posted on by Skerdian Meta

With renewed speculation, legislative support, and technological advancements boosting confidence in its long-term turnaround story, Intel is once again at the center of market attention.
Continue reading “Intel Stock INTC Breaks Key Resistance on Strategic Apple Partnerships, $51 Next Target” →

Forex Signals Dec 2: CrowdStrike, BHP, Okta, Manceshter United Earnings in Spotlight

Posted on by Skerdian Meta

As investors evaluate sector progress toward year-end, a new round of earnings from tech, mining, finance, and sports companies including Man United, BHP, Crowdstrike, etc. will help set market tone.
Continue reading “Forex Signals Dec 2: CrowdStrike, BHP, Okta, Manceshter United Earnings in Spotlight” →

Vanguard’s Epic U-Turn: XRP ETFs Unlocked for $11 Trillion – Retirement Funds Incoming?

Posted on by Olumide Adesina

Bitwise’s XRP exchange-traded fund is now available for Vanguard clients, according to a recent social media post by chief executive officer Hunter Horsley.

Vanguard, the world’s second-largest asset manager with over $11 trillion in assets under management, has long been a conservative powerhouse in traditional investing. It has completely prohibited cryptocurrency-related products on its platform for many years. It even blocked access to spot Bitcoin ETFs when they launched in January 2024.

Over 50 million Vanguard clients will be able to begin trading specific cryptocurrency ETFs and mutual funds that contain cryptocurrency assets. In late September, rumors surfaced that Vanguard would completely reverse its stance on cryptocurrency.

Hence, it did not come as a complete surprise, which explains a rather muted crypto rally. The $10 trillion behemoth still has no intention of following rival Blac despite the significant reversal.

 

Tharisa Earnings Signal Strength Despite Dividend Cut, JSE: THA Share Price Rebounds Off Support Level

Posted on by Skerdian Meta

Despite a lower dividend and fluctuating production trends, Tharisa achieved a consistent set of full-year results that reassured investors. Continue reading “Tharisa Earnings Signal Strength Despite Dividend Cut, JSE: THA Share Price Rebounds Off Support Level” →

APLD Stock Breaks Above Key Level After Deep Selloff Exposed Overvalued Industry

Posted on by Skerdian Meta

The market is starting to wonder if the rapid expansion of computer infrastructure can continue unchecked, as evidenced by Applied Digital’s abrupt ascent, sharp decline, and timid rebound.
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Broadcom’s Momentum Stalls, AVGO Stock Slips on Tech Fatigue, Valuation Risks

Posted on by Skerdian Meta
Even though Broadcom’s stock reached all-time highs last week, concerns about how much longer the rally can realistically last are reflected in today’s decline.

Continue reading “Broadcom’s Momentum Stalls, AVGO Stock Slips on Tech Fatigue, Valuation Risks” →

Investors Step In, Buying Oversold MSTR Stock After BTC Weakness, Target $700

Posted on by Skerdian Meta

The MSTR stock started the week substantially lower due to persistent weakness in Bitcoin and the wider cryptocurrency complex, hence MicroStrategy’s attempt to recover last week was short-lived. Continue reading “Investors Step In, Buying Oversold MSTR Stock After BTC Weakness, Target $700” →