Intel Tanks on Big Q2 Earnings Miss: ETFs in Focus
Intel (INTC) reported lackluster second-quarter 2024 results. It missed estimates on both earnings and revenues and guided a loss for the third quarter.
Intel (INTC) reported lackluster second-quarter 2024 results. It missed estimates on both earnings and revenues and guided a loss for the third quarter.
The Aussie initially rallied a bit in the early hours of Friday, but then pulled back to show signs of “risk off” behavior in general. This is a market that will continue to be noisy but non-directional from what I see.
Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
The U.S.'s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90% of the global market.
It's not just worries over jobs, the Federal Reserve and tech earnings. As if that wasn't enough, the Bank of Japan has helped spoil the party in the stock market—and not just in Tokyo. Japanese stocks plunged for two days after the country’s central bank took an unexpectedly hawkish turn on Wednesday.
For OG Bitcoiners, the Mt. Gox distro signifies more than a possible market catalyst. It's the closing of one of crypto’s darkest chapters when Bitcoin’s future was at its most vulnerable. This influx of Bitcoin, valued at over $9 billion at current prices, represents a significant injection of liquidity into the market and has sparked intense speculation about its possible impact on Bitcoin's price and the broader cryptocurrency market.
Bitcoin is poised for a major run in 2024. But it might only be a sign of things to come.
NodeMonkes NFT collection tops daily sales, Ethereum blockchain sees a dip in transactions.
The Fed said it's focused on the job market. Well, things just got a lot worse.