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Microsoft’s stock hit an all-time high of $378.81 on Nov. 20 on the back of a tumultuous weekend for the artificial intelligence (AI) sector involving the ousting of OpenAI CEO and co-founder Sam Altman. Not to be outdone, Nvidia’s stock also reached an all-time high of $499.60, continuing a trend
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A new study reveals that more French investors own crypto than stocks and ETFs. The latest findings from a comprehensive survey shed light on the evolving investment habits of French individuals, highlighting a significant shift towards digital assets and alternative investment methods, particularly among the younger demographic. A notable trend is the
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BTC climbed above $36,000 for the first time in around 18 months during Asian trading hours on Thursday, and the bullish momentum fed through to U.S. publicly-traded firms with crypto exposure, such as the Coinbase (COIN) exchange, software developer MicroStrategy (MSTR) – which owns a large number of bitcoin, trading
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Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder and analyst Jaran Mellerud.The key metric backing Mellerud's claim is enterprise value-to-sales ratio — measuring a company's value to its sales revenue. The higher the ratio,
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The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day. Bitcoin (BTC) mining stocks enjoyed significant gains on Thursday as the price of the coin hovers around $35,000, its highest level in over 17 months. Bitcoin Mining Stocks’ Strong Performance According to reports, US-listed mining companies such
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Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets. Source
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Bitcoin (BTC) will “reassert” itself to deliver over 100% annual BTC price gains, says one of the crypto industry’s major proponents.In an interview with CNBC airing Oct. 5 and published Oct. 31, Dan Morehead, CEO of hedge fund Pantera Capital, predicted continued crypto expansion.Morehead: "We could easily see" 40% stocks
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The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the potential impact on Bitcoin (BTC)
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The crypto market’s largest assets have noted significant increases even as giant Magnificent Seven tech stocks plunged yestereday. Stocks of tech companies called the “Magnificent Seven” fell significantly after several companies published earnings reports that provoked concerns about a recession in the tech space. On Wednesday, October 25, the Magnificent Seven
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