XRP Faces Drawdown After Surpassing Goldman Sachs in Market Cap XRP in the Crypto Market XRP, one of the top digital currencies in the crypto market, has recently faced a nearly 5% decrease in value over the last 24 hours. This decline has led the cryptocurrency to retest the $3 mark, indicating a potential drawdown…
Important Information for Monolithic Power Systems, Inc. (MPWR) Stockholders: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline Rosen Law Firm, a renowned investor rights law firm, is reminding purchasers of Monolithic Power Systems, Inc. (MPWR) common stock between February 8, 2024, and November 8, 2024, both dates inclusive (the “Class Period”), of…
Bloomberg’s senior commodity strategist Mike McGlone discusses Bitcoin and gold Is Bitcoin losing momentum to gold? In a recent analysis, Bloomberg’s senior commodity strategist Mike McGlone suggested that Bitcoin may be losing momentum to gold as market volatility declines. He pointed out that the VIX (Chicago Board Options Exchange Volatility Index) is falling, indicating reduced…
Stock Market Takes a Nose Dive: A Disappointing Monday for Investors The stock market experienced a rollercoaster ride on Monday, with major indices taking a significant hit towards the end of the trading day. The sell-off was triggered by President Trump’s unexpected announcement regarding tariffs with Canada and Mexico. The Dow Jones Industrial Average (^DJI)…
SoFi’s Lending Business Surges in 2024 A Closer Look at SoFi’s Impressive Growth In 2024, SoFi’s lending business experienced unprecedented growth, surpassing all expectations. The financial technology company, known for its innovative approach to personal finance, saw a 4.01% increase in its lending business, signaling a major milestone for the company. What Contributed to SoFi’s…
Welcome to the Wacky World of Mining Acquisitions! So, picture this: Matachewan Consolidated Mines, Limited, affectionately known as Matachewan, just made a move that has tongues wagging and heads turning in the mining world. On November 13, 2024, Matachewan proudly announced that it acquired a hefty chunk of units from Taranis Resources Inc., a TSX-V…
The Nasdaq Composite Index: A Tech-Centric Haven for Artificial Intelligence Leaders The Nasdaq Composite Index (^IXIC -4.00%), a prominent stock market index representing over 3,000 companies listed on the Nasdaq Stock Exchange, has been a breeding ground for innovation and growth, particularly in the technology sector. Among these companies, many are pioneers in Artificial Intelligence…
The Tumultuous Year for Semiconductor Stocks: A Rough Ride for Nvidia, AMD, and TSMC After an exhilarating bull run that saw semiconductor stocks soar to new heights in the previous years, 2025 has brought a stark reversal of fortune for some of the sector’s biggest names. The market turbulence has left investors reeling, with shares…
