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Oct 25 2024FINANCE

Bitcoin Drops Below $65K: Is Crypto's Boom Over?

Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that

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Oct 25 2024BUSINESS

Pfizer's Potential: How Pressure from Investors Could Reshape its Future

Pfizer, a pharmaceutical giant, has been in the spotlight lately. Investors have been discussing the company's future under CEO Dr. Albert Bourla. Recently, an activist investor named Starboard Value shared some thoughts on Pfizer. They pointed out issues but also emphasized the company's potential.

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Oct 24 2024FINANCE

Stock Market Movers: What’s Hot and What’s Not on Thursday?

Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy.

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Oct 24 2024BUSINESS

Teslas Face Scrutiny Over Autopilot Crashes

Ever heard of a car that drives itself? Well, Tesla's trying, but their autopilot feature is hitting a few bumps. The National Highway Transportation Safety Administration is digging into some serious incidents. We're talking crashes, one even fatal, involving Teslas with Full Self-Driving tech. Thi

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Oct 24 2024BUSINESS

Is Tesla's (TSLA) Stock Wave Rising?

Ever heard of Stock Waves? It's a team led by Zac Mannes and Garrett Patten, with Lyn Alden Schwartzer as a contributor. They focus on real-time technical analysis using the Elliott Wave method. One investor, Nicole, shared her experience, saying she had some big wins, like 7-10 times her investment

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Oct 24 2024BUSINESS

IBM's Q3 2024 Revenue: Lower than Expected

IBM's stock took a dip in after-hours trading on Wednesday, slipping around 3%. The reason? The tech giant didn't quite meet Wall Street's expectations for quarterly revenue. Let's dive into the details. IBM reported earnings per share of $2. 30, just a touch higher than the $2. 23 analysts had pre

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Oct 23 2024FINANCE

Why Bitcoin and Trump Media Stocks Are Skyrocketing

Lately, bitcoin prices have been soaring, reaching over $68, 000. This rise is partly due to former President Trump's newfound support for cryptocurrency and Vice President Harris' recognition of digital asset regulations. Meanwhile, Trump Media's stock price jumped by over 15% in a single day, addi

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Oct 22 2024FINANCE

Stock Movers to Watch: Big Names Make Headlines

Here's what happened with some big stock players today before the market opened. First up, The Cheesecake Factory saw its shares jump over 3% after an activist investor stepped in. This investor thinks the company should spin off three of its brands. On the other hand, General Motors' shares dipped

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Oct 22 2024FINANCE

Shares Drop in Asia, Wall Street Hits the Brakes

Asian markets, excluding China, took a dip on Tuesday as investors waited for earnings reports. Japan's Nikkei slid 1. 1%, Australia's S&P/ASX 200 fell 1. 6%, and South Korea's Kospi dipped nearly 1%. Meanwhile, Hong Kong's Hang Seng and Shanghai Composite rose slightly after China's interest rate c

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Oct 22 2024BUSINESS

Perplexity AI's New Tool: Making Stock Market Research Fun and Easy

Meet Perplexity Finance, an exciting new tool from the fast-growing AI company Perplexity AI. It’s all about simplifying stock market research for beginners. The platform offers a bunch of handy features like real-time stock prices, historical earnings data, and industry comparisons. But how does it

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