Ray Wang, Constellation Research Principal Analyst, believes that due to market changes FAANG should be replaced with MATANA in stock ranking.
Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake.
The traditional firm could dominate the US digital asset space for a long time to come.
Several Wall Street Banks, including Goldman Sachs, have cut their outlook on growth in China as the economy struggles.
Coinbase is still enjoying a relatively healthy market sentiment as its stock price and target seem unperturbed by the SEC’s lawsuit.
Among other items on his itinerary, Bill Gates visited Xi Jinping in Beijing. However, specific details about their discussions is unknown.
Adobe is making a significant leap forward by integrating generative AI features into its product offerings.
On Wednesday, Toyota stock solidified a nearly 15% gain for its best week in 14 years on news of new leadership, EVs, and next-gen batteries.
The SEC has received an official application from BlackRock for a spot Bitcoin ETF to help investors benefit from BTC without direct access.
Following the Fed interest rate pause announcement, the price of BTC broke major price support, raising concerns about a continued decline.
The US central bank chairman Jerome Powell has stated that there would be two more rate hikes in 2023. Bank of America expects these hikes to come in July and September.
With a total of 111 million outstanding shares, Cava’s valuations stand at $2.45 billion at a price of $22 per share.
Oracle stock market has rallied about 50 percent YTD to trade around $122.22 during Wednesday’s after-hours.
Data has shown that the US Treasury yields fell as the traders and investors expect the Fed to either increase or postpone a rate hike.
As inflation slows, the European Central Bank (ECB) may halt future rate hikes, with the upcoming staff projections and rate decision playing a crucial role in determining the bank’s approach.