Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=ub2dBuDwcRU VIDEO TRANSCRIPT Okay, hello everyone, and welcome back. My name is Greg Firman, and this is the Vantage Point AI ...
Bitcoin's recent swings underscore how political influence can disrupt market expectations and drive price volatility.
Bitcoin's role as an alternative asset class looks different as investors seek stability during global economic uncertainty.
The billionaire venture capitalist is still bullish on Bitcoin.
According to Foresight News, the United States Securities and Exchange Commission (SEC) has filed charges against NovaTech Ltd. and its leaders, Cynthia and Eddy Petion, for orchestrating a cryptocurrency fraud scheme. The SEC alleges that the scheme deceived over 200,000 investors worldwide, including a significant number of Haitian Americans.The SEC's complaint outlines that under the leadership of the Petions, NovaTech was promoted as a multi-level marketing (MLM) and cryptocurrency asset investment program. The charges indicate that the company misled investors about the nature and potential returns of their investments, leading to substantial financial losses for many involved.This case highlights the ongoing regulatory scrutiny and legal actions taken by the SEC to protect investors from fraudulent schemes in the rapidly evolving cryptocurrency market. The SEC continues to emphasize the importance of due diligence and caution for investors considering involvement in cryptocurrency and MLM investment opportunities.
Bitcoin's millionaire-making abilities might just be getting started.
US equities (^DJI, ^IXIC, ^GSPC) closed out this week with major gains, reversing from the prior week's sell-offs, to put a pin in the best trading week of 2024. Yahoo Finance markets and data editor Jared Blikre explores this week's biggest trading and market themes alongside Julie Hyman, highlighting the tech rally that propelled the tech-heavy market averages higher this week, the mix of consumer and inflation data and bond market activity (^TYX, ^TNX, ^FVX), and the pricing on precious metal commodities such as gold (GC=F) and copper (HG=F). For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
Today on Yahoo Finance's Good Buy or Goodbye, host Julie Hyman is joined by Great Hill Capital Chairman and Managing Member Tom Hayes to discuss his top stock picks and avoidances in the logistics and utilities sectors. Hayes recommends GXO Logistics (GXO) as a buy, highlighting chairman Brad Jacobs' "Midas touch" and track record of creating shareholder value. He notes the company's transition from a destocking to a restocking cycle, forecasting EBITDA growth to nearly double by 2027. Hayes predicts this will drive multiple expansion and boost the stock price in coming years. On the flip side, Hayes advises investors to avoid the entire utilities sector (XLU). He argues that the sector's recent rally, driven by AI narratives and anticipated Federal Reserve rate cuts, is a classic "buy the rumor, maybe sell the news" situation. Hayes emphasizes that utilities are a defensive sector, stating, "I don't think you want to be overly defensive right now" given current market conditions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Bitcoin, the world's biggest and best-known cryptocurrency, rose 5.17% to $59,609 at 2013 GMT on Friday. Bitcoin, the world's biggest and best-known cryptocurrency, is up 54.8% from the year's low of $38,505 on January 23.
Equity markets (^DJI, ^IXIC, ^GSPC) are rebounding, with the technology sector (XLK) at the forefront. CFRA Research Senior Equity Analyst Angelo Zino joins Catalysts to share his outlook on the tech market. Zino notes that while tech has "led the way" in the market recovery, it remains "the worst performing sector" since July's market peak. Semiconductors experienced the most severe sell-off but have since shown the strongest gains and recovery. Looking ahead, Zino predicts "more choppy action" following this surge, expecting market volatility to persist for the next 2-3 months and through the election period. He notes that earnings drive tech stocks and highlights two potential catalysts: Nvidia's (NVDA) upcoming Blackwell launch and the likely Apple (AAPL) iPhone 16 release. "Those are the two product launches that we think could potentially see more upside to consensus estimates," Zino states. However, he cautions investors not to "expect anything too extreme here, at least in the immediate near term" from the tech sector. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith