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The tech-centric index has had a wild ride this year, but technology stocks have a long runway ahead, according to Wall Street.

2 Nasdaq Stocks to Buy Before They Soar as Much as 102%, According to Select Wall Street Analysts

Are you ready to harness the potential of the crypto market as it prepares for a rebound? With the current lull, there lies a fertile ground for acquiring assets that could multiply in value. Whether you’re expanding your portfolio or stepping in for the first time, this might be the moment you’ve been waiting for.

Best cryptos to consider now before prices jump: High ROIs expected

Cardano’s price surged by more than 4% in the last 24 hours. In case of a breakout, ADA might first reach $0.45. Cardano [ADA] investors were having a good time as the token gained bullish momentum. In fact, things can get even better in the coming days because of a pattern that emerged on the token’s chart.

Will Cardano rally 100% soon? Yes, if THIS condition is met!

MATIC rallies 27%, but 90% of long-term holders are at a loss, signaling potential selling pressure soon. Active MATIC traders see profits while TD Sequential warns of an imminent correction that could impact short-term gains. Polygon [MATIC] has experienced notable price growth over the past week, rising by 27.37%. MATIC...

MATIC rises 27%, but here’s why long-term holders might sell soon

Fed Chair Powell signals policy adjustments are needed, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new highs. Markets are pricing in a 34.5% chance of a 50 bps cut and 65.5% of a 25 bps cut...

Markets Weekly Outlook – Powell Delivers with Nvidia Earnings, PCE Data Next

24/7 Wall St.

Global markets experienced a dramatic $6.5 trillion decline, dubbed the “Great Unwind,” due to a sudden shift in financial and geopolitical priorities. The Dow Jones plunged over 1,000 points amid fears of economic turmoil but later recovered slightly. Uncertainty remains about whether this stability will persist. August’s market volatility, often linked to lower trading volumes […]
The post Market Crash 2024: These Are 3 “Protection” Stocks You’ll Want to Own appeared first on 24/7 Wall St..

Market Crash 2024: These Are 3 “Protection” Stocks You’ll Want to Own

A Federal judge has denied the SEC’s bid to expedite Tron’s securities case. Tron’s defense challenged the SEC’s understanding of Howey Test elements. In the midst of the legal clash between the Tron Foundation and the U.S. Securities and Exchange Commission (SEC), a notable development has emerged.

Tron Foundation scores ‘legal victory’ – Judge rejects SEC’s request

Reuters

NEW YORK (Reuters) - A handful of institutional investors bought large positions in former President Donald Trump’s media company in the second quarter ahead of the company's inclusion in two Russell indexes, regulatory filings released on Wednesday showed.

BlackRock, Vanguard big purchasers of Trump Media shares in Q2, filings show

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Chicago, IL

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Foodie in Chicago

(CHICAGO) In July, Democratic National Convention (DNC) officials predicted 50,000 visitors to Chicago and a $150 million boost to the economy. But are restaurants feeling the bump in business thanks to the convention?

DNC in Chicago: Some Restaurants Left Hungry for Expected Business Boom

Florida State

Lakeland, FL

Akeena

If you’ve been keeping an eye on the local grocery scene in Florida, you might have heard the buzz: some Winn-Dixie stores are making the switch to Aldi. This transition is happening as Aldi snaps up 400 Winn-Dixie locations, including several in Florida cities like Panama City and Lakeland.

A Major Grocery Store Has Closed and Laid Off 48 Employees in Florida

BNB broke out of a key resistance at press time with a 6.33% gain in the last 24 hours. Metrics signal a continued bullish run. Binance Coin [BNB] is making waves in the crypto market. Over the past 24 hours, the coin witnessed an increase of 6.33%, pushing its weekly gains to 9.08% at press time.

BNB’s next target: Is $580 the key level to trigger bigger gains?

An analyst has predicted that FLOKI could gain up to 180%. Rising Open Interest signaled growing investor confidence, but fluctuating active addresses raised concerns about sustained momentum. Floki Inu [FLOKI], a popular memecoin in the cryptocurrency space, has been experiencing a steady increase in its price over the past week.

Floki Inu gains momentum: Is a 180% price explosion next?

Stocks closed sharply higher Friday after Federal Reserve Chair Jerome Powell confirmed that the central bank could soon deliver long-awaited interest rate cuts. The S&P 500 and Dow Jones Industrial Average added 1.2% and 1.1%, respectively, while the Nasdaq Composite gained 1.5%. The major indexes, which fell on Thursday ahead of Powell's eagerly anticipated appearance at the Fed's Jackson Hole Economic Policy Symposium, finished with weekly gains for the second consecutive week.

Markets News, August 23, 2024: S&P 500, Dow Close Near Record Highs as Fed Chair Powell Indicates Rate Cuts are Coming

Markets Insider

Don't expect the stock market's seemingly unstoppable rally to continue through the end of the year, says Stifel's Barry Bannister.

Why the S&P 500 could drop by 10% by the end of 2024 — and 4 trades to cash in on the turbulence

These companies have been in top form on the market and are likely to sustain their impressive rally thanks to a key catalyst.

2 Red-Hot Growth Stocks to Buy in 2024 and Beyond

The stock market allows investors to build wealth by tying their savings to the growth of the best businesses in the world. Shopify and Coupang are two leaders in online shopping, going after a massive global e-commerce market. Both companies have been growing their revenues at over 20% annually, which...

2 Growth Stocks That Could Double By 2030

The technology sector is a dynamic area of the stock market. It features companies involved in the development, production, and distribution of technology and related services. These companies range from giants like Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) to startups focusing on next-generation technologies. Investing in tech stocks often appeals to those seeking growth. As the sector frequently outpaces the overall market in terms of revenue and earnings growth due to continuous innovation.

2 Tech Stocks To Watch In Late August 2024

After a smooth first half of 2024, the stock market is undergoing volatility. That could be a buying opportunity, and Datadog is one stock to consider, especially for its growing artificial intelligence (AI) business. Wall Street is bullish on the stock, and it's currently trading at a discount to its...

Nasdaq Sell-Off: 1 Unstoppable Stock Down 39% to Buy on the Dip, According to Wall Street

Business Times

As Nvidia Corp. approaches its next earnings report, investor focus is sharply centered on the company's current Hopper chip family and the much-anticipated Blackwell lineup. The looming question on Wall Street isn't just whether Nvidia will meet or exceed expectations for the quarter but also how supply constraints on its Hopper platforms might impact its performance. Rosenblatt Securities analyst Hans Mosesmann has flagged this as the "wildcard" factor that could sway investor sentiment.

Nvidia’s Stock Hype Under Threat: Can Earnings and New Chip Rollout Live Up to Sky-High Expectations?

NewsBreak

Will MATIC skyrocket 450%? Yes, say analysts, but not before…

MATIC has surged 12.5% at press time, with analysts predicting a potential 450% rally. Despite growing investor interest, MATIC’s overbought RSI suggested possible short-term risks. Polygon...

Will MATIC skyrocket 450%? Yes, say analysts, but not before…

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