Vice President Kamala Harris is making a strategic pivot towards the cryptocurrency sector, even as prediction markets show her facing an uphill battle in the 2024 presidential race. What Happened: According to prediction market platform Polymarket, Harris currently holds a 43% chance of winning the presidency, trailing behind Donald Trump’s 55% odds. This recalibration of her stance on digital assets comes at a crucial juncture, as her campaign seeks to galvanize support from Silicon Valley’s i
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is pleased to announce that, effective on or about August 13, 2024, the Defiance Quantum ETF (NYSE Arca: QTUM) and the Defiance Connective Technologies ETF (NYSE Arca: SIXG) will cease trading on the NYSE Arca and will commence trading on the Nasdaq Stock Exchange. For more detailed information about these funds, including investment strategies and portfolio compositions, please visit Defiance ETFs. The Funds’ investment objectives, risks
The chip sector reverses course from gains seen earlier this week. Will this trend continue or will chip stocks rebound even higher? Harvest Portfolio Management Co-CIO Paul Meeks joins Catalysts to discuss his outlook on tech amid this earnings season. Meeks describes the current earnings season as "weird and squirrelly," stating he is refraining from buying tech names until the season concludes. He notes that while some companies are posting strong results, "their stocks go down the next day," leading him to characterize it as "too difficult of a market." Regarding tech names, Meeks observes that this earnings season, "The only thing that was not controversial at all is how much... money they're going to spend on AI CapEx [capital expenditures]." He believes this "bodes incredibly well" for companies like Nvidia (NVDA), saying the semiconductor giant will "have a hold on this market as far as the eye can see." 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
MicroStrategy reported second-quarter earnings on Thursday.
Bit Digital CEO Sam Tabar highlights the transformations taking place in the bitcoin mining industry amid the AI boom