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Month: November 2022

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Gamers Are Fleeing Twitter for Hive. Can It Handle the Swarm?

Twitter, both as a company and as a functioning service, is hurtling toward the unknown. In the weeks since Elon Musk took control, users have been fleeing to whatever platforms they can…

Bitcoin Price Clears $17K, Why Dips Turn Attractive In Short-Term

Bitcoin price was able to clear the $17,000 resistance. BTC is consolidating gains and might remain supported above the $16,750 level. Bitcoin gained pace and cleared the $16,800 and $17,000…

After Elon Musk’s Tirade, Mark Zuckerberg Slams Apple Over App Store Rules: ‘Don’t Think That’s Sustainable’ – Meta Platforms (NASDAQ:META)

Meta Platforms Inc META CEO Mark Zuckerberg unleashed an attack on Apple Inc AAPL at the New York Times DealBook summit on Wednesday. What Happened: Zuckerberg said Apple has “singled themselves out as the only company that is…

El-Erian Says Market Reaction To Powell’s Remarks Shows Fed’s Communication Challenge: ‘The More The Chair Tilts His Remarks Dovish…’ – Vanguard Total Bond Market ETF (NASDAQ:BND), SPDR S&P 500 (ARCA:SPY)

Allianz chief economic adviser and noted economist Mohamed El-Erian has expressed concern over the market’s reaction to Federal Reserve Chair Jerome Powell’s speech on Wednesday where he said the central…

Apple Won’t Let Staff Work Remotely to Escape Texas Abortion Limits

Rebecca was getting ready to start her work day at Apple this June when she heard that the US Supreme Court had overturned Roe v. Wade. The decision would trigger laws banning…

Alibaba, Nio Stocks Surge Over 7%: Hang Seng Index Today – Alibaba Group Holding (NYSE:BABA)

Hong Kong stocks soared on Thursday with the benchmark Hang Seng opening 2.47% higher following Federal Reserve Chair Jerome Powell’s speech that indicated the central bank may slow the pace…

Ethereum Gains Eclipse Bitcoin, Dogecoin In Broader Risk Rally: Analyst Says Charts Signal Powell’s Speech Is ‘So Far’ Bullish – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Major coins rallied Wednesday night as the global cryptocurrency market cap rose 3.9% to $866.2 billion at 7:07 p.m. EST. Price Performance Of Major Coins Coin…

7 Key Takeaways From Sam Bankman-Fried’s DealBook Summit Interview: ‘I Don’t Know What My Far Future Is’

Sam Bankman-Fried, co-founder and former CEO of the now-bankrupt FTX, was interviewed Wednesday at the New York Times’s DealBook Summit. The interview was live and virtual with Bankman-Fried doing his humble best…

Elon Musk Says ‘Resolved Misunderstanding’ With Apple’s Tim Cook Over Twitter’s Presence On App Store – Apple (NASDAQ:AAPL)

Twitter CEO Elon Musk was all praise for Apple Inc’s AAPL “beautiful” headquarters on Wednesday and said that he had “resolved the misunderstanding” with the tech giant in a meeting…

Tesla, Amazon, Snowflake, Xpeng, Salesforce: Why These 5 Stocks Are Drawing Investors’ Attention Today – Tesla (NASDAQ:TSLA), Amazon.com (NASDAQ:AMZN)

Major Wall Street indices soared on Wednesday after Federal Reserve Chair Jerome Powell said the central bank may slow the pace of rate hikes as soon as December while also…

Litecoin Whale Withdraws $65.5M In LTC From Binance, Bullish Sign?

Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin.…

Bitcoin Recaptures $17,000 After Jerome Powell Signals Rate Hikes Could Ease: What’s Happening? – Bitcoin (BTC/USD)

Bitcoin BTC/USD was spiking up over 3.8% higher on Wednesday, crossing above the $17,000 mark after Fed Chair Jerome Powell began to speak at the Brookings Institution. Powell suggested the…

Fed Officials Hint At More Hikes, And ‘Buy Now, Pay Later’ Platforms Are Booming: What Consumers Should Know – PayPal Holdings (NASDAQ:PYPL), Sezzle (OTC:SEZNL), Affirm Holdings (NASDAQ:AFRM)

As Fed officials propose new hikes in interest rates, consumers have taken to “Buy Now, Pay Later” lending platforms. Are these platforms a haven or a burden on the tightening…

Google Moves to Block Invasive Spanish Spyware Framework

The commercial spyware industry has increasingly come under fire for selling powerful surveillance tools to anyone who can pay, from governments to criminals around the world. Across the European Union,…

Why Five Below Shares Are Heating Up After Hours – Five Below (NASDAQ:FIVE)

Five Below Inc FIVE shares are up nearly 9% in Wednesday’s after-hours session after the company reported strong third-quarter results and issued guidance above analyst expectations. Five Below said third-quarter revenue…

Balenciaga Dropped Kanye West … Now His Ex-Wife Kim Kardashian May Also Sever Ties With The Fashion Giant – Kering (OTC:PPRUY)

Weeks ago Balenciaga and Ye, also known as Kanye West, cut ties after he made several antisemitic comments on various media platforms. But, just weeks later, the fashion giant finds…

Sam Bankman-Fried Refuses To Confirm Whether He Knew Customer Funds Were Stolen

Sam Bankman-Fried joined New York Times reporter Andrew Ross Sorkin at the DealBook Summit on Wednesday to discuss the demise of the platform. Bankman-Fried co-founded FTX, one of the biggest…

Legal Cannabis In Colorado Turns Ten: Still Lots To Learn But Sky Hasn’t Fallen, Positive Results Abound

Legal recreational cannabis in Colorado turned 10 in November, making history in the U.S. and abroad.  Researchers have since been studying its impact on health, public safety and the economy.…

Micron Technology Unusual Options Activity For November 30 – Micron Technology (NASDAQ:MU)

Someone with a lot of money to spend has taken a bullish stance on Micron Technology MU. And retail traders should know. We noticed this today when the big position…

Carnival Unusual Options Activity For November 30 – Carnival (NYSE:CCL)

A whale with a lot of money to spend has taken a noticeably bearish stance on Carnival. Looking at options history for Carnival CCL we detected 12 strange trades. If…

This Is What Whales Are Betting On Wells Fargo – Wells Fargo (NYSE:WFC)

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo WFC we detected 14 strange…

What Does Home Depot’s Debt Look Like? – Home Depot (NYSE:HD)

Over the past three months, shares of Home Depot Inc. HD increased by 11.22%. When understanding a companies price change over a time period like 3 months, it could be…

Why Snowflake Stock Is Falling After Hours – Snowflake (NYSE:SNOW)

Snowflake Inc SNOW shares are trading lower in Wednesday’s after-hours session after the company reported third-quarter results. What Happened: Snowflake said third-quarter revenue jumped 67% year-over-year to $557 million. The…

San Francisco’s Killer Police Robots Threaten the City’s Most Vulnerable

One effect of AB 481 is to add local oversight to hardware like the kind obtained through a US Department of Defense program that sends billions of dollars of military equipment…

Feeling Bullish On Newmont, Barrick Gold And Franco-Nevada? This ETF Offers 2X Leverage – Direxion Daily Gold Miners Index Bull 2XShares (ARCA:NUGT)

Direxion Daily Gold Miners Index Bull 2X Shares NUGT gapped up 3% to start Wednesday’s trading session and after some early session volatility, the ETF surged an additional 3% from…