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2024 Crypto Rally Ends With A Whimper As Trading Volume Falls 64%, Michael Saylor Says 'Take A Break'
Sunday, December 29, 2024 - 4:45pm | 597The 2024 crypto rally has come to an abrupt halt. Trading volumes have taken a nosedive, falling by 64% to reach seven-week lows. This downturn has occurred despite the ongoing accumulation by large investors, commonly referred to as whales. What Happened: The crypto market has been a roller...
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Musk To Arnault: Here's A Look At 2024's Billionaire Boom and Bust, Who Gained and Who Lost
Sunday, December 29, 2024 - 3:15pm | 611The year 2024 marked a significant increase in the net worth of the world’s wealthiest individuals, particularly those in the tech sector. What Happened: 2024 wasn’t a year of financial prosperity for all, with some billionaires in the luxury retail sector experiencing substantial...
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Tech Titans Triumph: The Top 10 Billionaires Who Made Big Gains In 2024
Sunday, December 22, 2024 - 12:00pm | 748America's wealthiest billionaires have witnessed an extraordinary year in 2024, with their fortunes far outpacing the 3% growth of the U.S. economy. What Happened: Surging markets, fueled by advancements in technology and artificial intelligence, have propelled their wealth to unprecedented levels...
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Shiba Inu's 208% Surge This Year Sparks Predictions Of Top 10 Crypto Ranking In 2025
Saturday, December 7, 2024 - 4:30pm | 411Dog-themed meme coin Shiba Inu (CRYPTO: SHIB) has surged by 208% so far in 2024, catapulting its market capitalization to $18.28 billion. What Happened: Currently positioned at number 12, Shiba Inu’s consistent rally since the beginning of Q4 2024 has led crypto analysts to forecast...
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AI Revolutionizes Black Friday Shopping As Online Sales Reach New Heights
Sunday, December 1, 2024 - 2:45pm | 465Black Friday in the U.S. saw unprecedented online sales this year, with generative AI chatbots being a key driver in boosting retail website traffic. What Happened: The online expenditure during the shopping festival hit $10.8 billion, a 10.2% jump from 2023. According to a report by Barron...
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US Consumers Plan To Spend $1,000 or More on Holiday Gifts This Year
Sunday, December 1, 2024 - 11:00am | 456A recent Gallup poll found that U.S. consumers plan to spend upwards of $1,000 each on holiday gifts this year, signaling a potentially fruitful season for retailers. What Happened: According to the poll, which was released on Wednesday, the average spending estimate for the holiday season has...
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As Goes Ohio, So Goes The Nation? Though Still A Loss, Democrats Outperform Expectations By 20 Points In Special Election
Wednesday, June 12, 2024 - 2:30pm | 630Ohio is often seen as a key predictor of electoral success for U.S. presidential elections: the state has voted for the winning candidate in 14 out of the last 15 contests, with 2020 as the exception. A recent special election held in the state could indicate the direction of the 2024 U.S. election...
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Hedge Funds Tweak Portfolios In Q1: Marvell, TD Synnex, AES Get More Love As Focus Shifts To AI
Friday, May 24, 2024 - 12:19pm | 1720Hedge funds made strategic adjustments to their portfolios throughout the first quarter of 2024. Firms are looking for high-return opportunities beyond the mega-cap tech giants preferring to focus on cyclical sectors and artificial intelligence (AI)-related infrastructure stocks. Except for Apple...
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Global Gasoline Demand Growth To Halve By 2024 Amid Rising EV Demand In China, US
Monday, May 6, 2024 - 1:46am | 615The global gasoline demand growth is projected to halve by 2024 due to the surge in electric vehicles (EVs) in China and the United States. This shift is anticipated to put a squeeze on second-half refinery margins. What Happened: Analytics firm Wood Mackenzie (WoodMac) forecasts that demand will...
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Redditors Identify 'Best Undervalued Stocks' For 2024
Monday, April 1, 2024 - 3:53pm | 667In the bustling world of online forums, investors often gather to share insights and strategies. Reddit’s forums stands as one such hub of collective wisdom. On Reddit’s r/stocks, user comoestas969696 initiated a discussion seeking the community’s input on undervalued stocks....
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Once A Trump Critic, Billionaire Investor Nelson Peltz Chooses Ex-President In 2024, Citing Biden's 'Scary' Mental Condition: 'I'm Not Happy About That'
Tuesday, March 19, 2024 - 7:45am | 678In a surprising turn of events, billionaire investor Nelson Peltz has announced his intention to vote for former President Donald Trump in the upcoming 2024 elections. Peltz, who had previously expressed regret for supporting Trump, has now cited concerns about President Joe Biden‘s mental...
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From Red Carpet To Gift Bags: Breaking Down The Oscars' Lavish $56.9 Million Cost
Sunday, March 10, 2024 - 4:40pm | 421The Oscars, Hollywood's most glamorous event, is not just a showcase of cinematic excellence but also a lavish affair with a staggering cost. This year's Academy Awards ceremony is set to cost $56.9 million.The expenses range from extravagant outfits worn by A-list celebrities to the iconic...
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The Skinny On Novo Nordisk: Weight-Loss Meds Make Big Pharma A Big Foe For Food Industry
Thursday, February 8, 2024 - 10:58am | 772The introduction of Novo Nordisk A/S‘s (NYSE:NVO) groundbreaking weight-loss treatments Wegovy and Ozempic are sending ripples through the food industry. CEOs from across industries are seeking insights from Novo Nordisk, indicating a widespread concern about the potential shifts in consumer...
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Nvidia Will Lead 2024 Double-Digit Semiconductor Stock Rally, Analysts Say
Tuesday, January 23, 2024 - 2:04pm | 924A Cantor Fitzgerald initiating coverage report on the semiconductors and semiconductor equipment industry highlighted their top picks for 2024. On average, Cantor sees 14% upside in 2024 for the 18 stocks it included under its coverage. 2024 Top Stock Picks Their top stock picks, as highlighted in...
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Rescheduling, Delta-8, Credit Cards To Buy Weed - And More Cannabis Industry Predictions For 2024
Monday, January 22, 2024 - 1:52pm | 992This article was originally published on Cannabis.net and appears here with permission. A lot went down this year for the cannabis industry. It was the year the world finally bloomed into a post-pandemic era, benefiting all kinds of industries including that of the cannabis industry. For the...