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Lisa Su, CEO of AMD gets the billionaire title
Originally from Tainan, Taiwan, Su isn’t as famous as some other tech big shots, but her leadership at Advanced Micro Devices (AMD) has brought her into the spotlight. As CEO of AMD, a company in Santa Clara that makes powerful chips used in artificial intelligence (AI) applications, Su has made it onto Forbes’ list of ... Read more
Google Play Store Removes Indian Government’s $2 Billion App Portfolio Over Quality Concerns
In a shocking turn of events, the Indian government’s ambitious $2 billion app development initiative has hit a major roadblock as Google Play Store, the primary platform for distributing Android apps, has decided to remove the entire portfolio of government-developed applications citing concerns over low quality. The initiative, which aimed to bolster India’s digital infrastructure ... Read more
Top 10 Cryptocurrencies with 100x Potential in 2024: Buckle Up for the Crypto Rollercoaster!
The thrill of the chase – that’s what keeps many crypto investors glued to their screens. While established players like Bitcoin and Ethereum offer stability, there’s a constant itch for the next big thing, the hidden gem that could soar 100x (10,000%) in value by year’s end. Predicting these future superstars is no easy feat, ... Read more
Trump’s truth social (DJT) is more valueable than Reddit IPO
In a stunning turn of events, Donald Trump’s business empire witnessed a historic moment as part of it went public after almost three decades. Trump Media & Technology Group, the parent company of the struggling social media platform Truth Social, debuted on the stock market under the ticker symbol “DJT.” The initial trading frenzy saw ... Read more
Bitcoin Ekes Out 1 Week’s Gain, Now Under $69,000
Bitcoin managed to hold onto a modest gain this week, but the world’s largest cryptocurrency remains below the psychologically important level of $69,000. As of today, March 15, 2024, Bitcoin is trading at around $68,800, which is a slight increase from its price a week ago. However, the cryptocurrency is still down significantly from its ... Read more
Michael Burry lost big in SOXX Semi conductor bet.
In a significant turn of events, the iShares Semiconductor ETF (SOXX) has experienced a notable surge, climbing from $470 to $550 within the span of just one month. This unexpected upswing has resulted in substantial losses for renowned investor Michael Burry, who had previously taken a bearish stance on semiconductor stocks. Recent data reveals that ... Read more
Disney lost market cap after’s Elon’s F**k you to Disney’s Bob iger in interview
In a recent event that sent shockwaves across the tech and business spheres, Elon Musk, the outspoken entrepreneur behind Tesla and SpaceX, unleashed a profanity-laced tirade against advertisers abandoning the platform formerly known as Twitter, X. Musk’s impassioned outburst, laden with expletives, served as a stark warning, indicating potential peril for the social media giant ... Read more
Nvda crush earnings again. But stock is down. Why?
Nvidia (NVDA) unveiled its third-quarter earnings post-market on Tuesday, surpassing Wall Street’s projections and maintaining the spotlight on artificial intelligence as a prime focus for investors. Earnings stood at $4.02 per share with revenue hitting $18.12 billion, outperforming analyst forecasts. Bloomberg data had anticipated earnings at $3.36 per share with revenue around $16.1 billion. Projections ... Read more
Michael Burry’s new bet against the Semi conductor industry
In the last quarter, Michael Burry shifted his investment strategy by exiting his positions against the S&P 500 and Nasdaq 100, only to initiate a new play targeting semiconductor stocks, as per his latest portfolio update released on Tuesday. During the second quarter, Burry’s Scion Asset Management had acquired bearish put options on the SPDR ... Read more
Micheal Burry’s in deep loss after market’s U turn
Michael Burry’s notable bearish bet against the stock market, which first made headlines in August, has been a rollercoaster for investors. At the beginning, his position was met with skepticism during the AI-driven summer market rally. However, it gained credibility as the S&P 500 experienced a sharp decline in late October. Recent developments, particularly the ... Read more
Ripple (XRP) PLUMMETS 6.92% – Will It Recover Or Crash Further?
In the tumultuous world of cryptocurrencies, Ripple (XRP) is currently facing a bearish onslaught, shedding 6.92% of its value and now trading at a precarious $0.6462. The digital currency has taken a dive below the critical $0.67328 mark, sending shockwaves through the crypto community. This article will delve into the technical indicators, recent developments, and ... Read more
JasmyCoin Rockets 50% Amid Bitcoin Boom! Is It The Next Big Altcoin To Watch?
In a thrilling turn of events, the JasmyCoin price has surged to new heights, reaching $0.005595 on Friday, marking its highest point since June of this year. The cryptocurrency has experienced a remarkable 50% surge from its lowest point in 2023, riding the coattails of a resurgent Bitcoin and a broader altcoin rally. Bitcoin Ignites ... Read more
Bitcoin Soars Past $37,900 In 2023 High – Will An ETF Approval Ignite A Bull Run?
In a thrilling turn of events, Bitcoin has catapulted to a new high for 2023, breaching the $37,900 mark on Thursday. The crypto space is buzzing with excitement as optimism about a potential Bitcoin ETF approval intensifies. Bitcoin, the flagship cryptocurrency, surged by over 3.5%, marking its highest point since May 2022. But that’s not ... Read more
XRP Price Skyrockets to $0.70 Amidst Crypto Market SURGE – $100M Floods into Futures Contracts! Is $1 on the Horizon?
In the fast-paced world of cryptocurrency, Ripple (XRP) has taken center stage as it trades around the $0.70 mark, marking its second consecutive month of rallying. Investors are buzzing with excitement as on-chain and technical analytics hint at the possibility of another significant surge. XRP Futures Contracts Soar with $100M Influx In a surprising turn ... Read more
AMC’s $350 Million Stock Splash! What You Need To Know About Their Bold Move
In a surprising move, AMC Entertainment Holdings Inc. (NYSE: AMC) has just announced a game-changing equity distribution agreement, revealing plans to raise up to a staggering $350 million through the sale of its Class A common stock. The company has enlisted the support of major financial players, including Citigroup Global Markets Inc., Barclays Capital Inc., ... Read more
Omegle SHUTDOWN After 14 Years Amidst Controversy: Find Out Why?
In a shocking turn of events, Omegle, the once-popular online chat platform, has officially shut down after over 14 years in operation. The founder, Leif K-Brooks, cited the growing misuse of the platform, including involvement in “unspeakably heinous crimes,” as the primary reason for its closure. Launched in 2009 by an 18-year-old programmer and high ... Read more
Upstart (NASDAQ: UPST) Stock PLUMMETS 20% After Weak Q3 Results – Find Out Why?
In a dramatic turn of events, shares of Upstart, the AI lending platform listed on the NASDAQ under the symbol UPST, took a nosedive of 20.2% during the morning session following the release of their third-quarter results. This shocking decline was driven by the company’s failure to meet analysts’ revenue and EPS estimates. But does ... Read more
Why AMD (NASDAQ:AMD) Could Surpass Nvidia (NASDAQ:NVDA) in the AI Race
In the fast-paced world of tech stocks, where hype and innovation drive investments, two giants, Nvidia (NVDA) and AMD (AMD), have been vying for the attention of investors. Both companies are well-known for their semiconductor products, but recently, the balance seems to be shifting in favor of AMD. In this article, we’ll explore why AMD ... Read more
The RealReal Shares JUMPS 6.7% After Beating Estimates – Why?
Shares of secondhand luxury marketplace The RealReal (NASDAQ: REAL) jumped 6.7% in the pre-market session after the company reported third quarter results that exceeded analysts’ expectations. The company’s GMV (Gross Merchandise Value) and revenue both came in above analysts’ estimates, driven by higher-than-expected Average Order Values (Active Buyers and Number of Orders missed). Adjusted EBITDA ... Read more
Rivian (RIVN) SHATTERS EXPECTATIONS – Stock SOARS 7% Pre-Market! Find Out What’s Behind Their GAME-CHANGING EV Move!
In a market grappling with inflationary pressures and price cuts by industry leader Tesla, Rivian Automotive has defied the odds, raising its full-year production forecast by 2,000 vehicles to a total of 54,000 units. This remarkable news has not only fueled Rivian’s shares, which soared by 4% in after-hours trading but has also created a ... Read more
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