Daily Trade

Since its inception, Tesla (NASDAQ:TSLA) has been defying norms and pushing boundaries. Its ambitious mission to “accelerate the world’s transition to sustainable energy” has propelled it to the forefront of the global EV industry. However, the TSLA stock narrative extends beyond its prowess in EV manufacturing. Its foray into areas such as autonomous driving technology,
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Several crypto-related stocks and funds have staged a spectacular rally this year, outperforming major cryptocurrencies, despite U.S. regulators’ ongoing scrutiny of the industry.   Crypto exchange Coinbase COIN, -0.91% shares rallied over 190% so far this year, and MicroStrategy MSTR, -0.91%, which holds more than $4 billion bitcoin on its balance sheet, saw its shares up
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Funds associated with Cathie Wood’s ARK Investment continued to cull shares of Coinbase Global Inc. and Tesla Inc. on Monday, according to recent trade disclosures. The ARK Fintech Innovation ETF ARKF, +1.58% dumped 76,788 Coinbase shares COIN, +0.23% on the day, while the ARK Innovation ETF ARKK, +2.29% sold 127,266 and the ARK Next Generation
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A handful of large-scale financial traders reduced or eliminated their positions in SoFi Technologies (NASDAQ:SOFI) stock. Should this be a deal-breaker for prospective investors? Not necessarily, as a high-court ruling could have a major, positive impact on SoFi Technologies and its stakeholders. It’s been fascinating to watch the market dislike SoFi Technologies for a while, and
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Verizon Communications Inc.’s stock has been under pressure in the wake of recent reporting on legacy lead-sheathed cables used within the telecommunications industry, and one analyst worries the stock could stay in the penalty box. Edward Jones analyst David Heger downgraded Verizon shares VZ, -7.50% to hold from buy Monday, writing of his concerns after
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China’s central bank on Monday injected liquidity into the nation’s financial system via its monetary instruments at unchanged interest rates, signaling a hold on benchmark lending rates this month after June’s cuts. The People’s Bank of China injected 103 billion yuan ($14.42 billion) of liquidity via the one-year medium-term lending facility at an interest rate
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Why would the experts on Wall Street be so bullish on Advanced Micro Devices (NASDAQ:AMD) stock now? Probably, a major consideration is the company’s ambitious development of hardware to support artificial intelligence applications. But before you take a share position in AMD, consider whether you’re getting in at the best possible time. After all, the
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A leading global health body has declared that the artificial sweetener aspartame, commonly used as an ingredient in diet soda, chewing gum and vitamins, may cause cancer. But the World Health Organization’s report late Thursday also noted that people would have to be exposed to extreme amounts of aspartame — whether through diet, occupational exposure
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The stock market has seen a strong rally in 2023, with the Nasdaq Composite up nearly 30% year-to-date. This has led to overvaluation in many growth stocks. It’s important for investors, even long-term ones, to periodically review their portfolios and identify overvalued stocks. Despite corporate America’s efforts to spin the narrative, here are three stocks
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Shares of Chinese cybersecurity companies were sharply higher on Friday, boosted by Beijing’s latest artificial-intelligence regulations that emphasized cybersecurity and data safety. Data protection solutions provider Zhongfu Information Inc. 300659, +19.98% jumped 20%, network security company Shenzhen GuoHua Network Security Tech Co. 000004, +10.02% surged 10% and Beijing Bohui Science & Technology Co. 688004, +7.98%
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