Strong gains for the crypto asset, which doesn’t really have fundamentals, the outfit that’s been synonymous with retail activity, and the stocks retail traders like the most are key signals that risk appetite…
Category: Business
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Ethereum climbs to highest point since end of January
“We should probably view the current ETH price gains with caution,” said Jim Hwang, COO of investment company Firinne Capital.
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Vertiv’s dominance in data center cooling earns it an “outperform”
Roughly 80% of Vertiv’s sales are tied to data centers, BNP says.
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Report: SpaceX’s satellite internet business is propping up its rocket and AI businesses
Starlink is responsible for most of SpaceX’s revenue and more than all its profits.
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Sandisk initiated at “outperform” by Evercore ISI, with target of $1,200
“We see further upside,” analysts said.
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Will a resolve to reduce screen time see a revival of landline telephones?
For parents trying to limit their kids’ exposure to smartphones, the answer could be yesterday’s tech.
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Lucid surges on new CEO and announcement of expanded robotaxi partnership with Uber
Lucid shares climbed more than 12% in premarket trading.
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Bitcoin flirts with key $75,000 level on hopes of an Iran deal
Several analysts argue that for bitcoin to have truly turned a corner and break from the tight range it’s been stuck in, a sustained rally above the $75,000 level is needed.
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CarMax sinks following Q4 earnings report
CarMax reported its fourth-quarter earnings before the bell on Tuesday.
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JPMorgan drops after cutting full-year net interest income outlook
The bank had just upped its guidance for net interest income in late February.
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HSBC CEO: All-in cost of oil has hit as much as $286 per barrel during the war
That’s nearly triple where headline futures are at.
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American Airlines jumps on potential merger talks with United
The potential tie-up would combine two of the largest US carriers as the industry faces rising jet fuel costs and antitrust scrutiny.
