Bitcoin short sellers are out $161M as Bitcoin surprises with 11% rally – Cointelegraph
Bitcoin short sellers are facing millions of dollars in losses after Bitcoin (BTC) soared nearly 11%, briefly hitting a year-to-date high of $57,000. according to data Crypto data platform CoinGlass has liquidated over $161 million in BTC shorts in the past 24 hours. Traders looking to gain short-term exposure to Ether (ETH) fared less well, […]
Stocks could see dismal returns for the next 12 years as the FOMO-fueled rally looks like it's nearing a peak, Wall Street legend says – Yahoo Finance
Traders work on the floor of the New York Stock Exchange on November 25, 2008 in New York.Lucas Jackson/Reuters Market veteran John Hussman has warned that stocks could see disastrous returns over the next 12 years. The legendary investor pointed out signs that the stock is significantly overvalued due to investor FOMO. In a recent […]
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein – CoinDesk
ether (Ethereum)the world’s second-largest cryptocurrency has surpassed its larger rival Bitcoin (Bitcoin), up 33% year-to-date. This rally is Possibility of approval In a research note on Monday, broker Bernstein said of spot exchange-traded fund (ETF) investment amounts. First, Ether supply is deflationary and has not increased since the advent of the Ethereum blockchain. shift The […]
Japan's Nikkei 225 extends rally to hit new high; China stocks higher – CNBC
1 hour ago Negotiations to sever relations with China have gone too far, Asian Development Bank says China remains an important trading partner for many countries around the world, and the common narrative of a superpower being cut off from the global economy goes too far, the Asian Development Bank says. “China remains probably the […]
Analysts love these Warren Buffett-owned stocks, including one expected to rally more than 20% – CNBC
Stock prices are trending lower so far in 2024, but if legendary investor Warren Buffett’s portfolio is any indication, certain stocks could rise even further. On Thursday, the S&P 500 and Nasdaq Composite both hit one-year highs, with the indexes up 2.1% and 3.0%, respectively. And on Friday, the 500-stock Broad Market Index closed at […]
East Village locals rally together over closing of dog café Boris & Horton
When New York City’s first dog cafe, Boris & Horton, announced it would close its East Village and Williamsburg locations on Monday, February 26th, owner Logan Mikley said he was at a loss. “It’s been a roller coaster. I don’t think I’ve ever been more depressed or disappointed in myself when they announced we were […]
Nvidia races to $2T mark as AI mania sparks Wall Street tech rally
Nvidia soared to a market cap of $2 trillion on Thursday after a surge in demand for AI chips once again exceeded Wall Street’s sky-high expectations and reignited a global rally in tech stocks. The company’s stock price rose 15%, or more than $100, to a record high of $780.85, making it the third most […]
Trump’s ‘Empire’? As Donald teases MSG rally, analysts suggest NY race ‘tightening’
After the former president trump Analysts held a Madison Square Garden rally at City Hall with Fox News’ Laura Ingraham and halted campaigning in the Democratic-heavy South Bronx, a move that until recently was thought impossible. In other words, Mr. Trump won New York state. “I think we have a chance to win New York,” […]
Americans rally for border security, media spins false narratives
The Reclaim Our Borders Convoy, a multi-state convoy of Americans known as “God’s Army,” arrived at the Cornerstone Children’s Ranch in Quemado, Texas, on February 2nd. The media was also present to welcome the convoy. Judging by the previous week’s headlines, the media seemed to be expecting violence, perhaps the beginning of a new civil […]
Goldman Lifts S&P 500 Target With Profit Optimism to Drive Rally – Yahoo Finance
(Bloomberg) — Just months after setting a 2024 target for the S&P 500, Goldman Sachs Group Inc. strategists raise their forecasts for a second time, reflecting Wall Street’s optimistic earnings outlook. Ta. Most Read Articles on Bloomberg “Increased earnings expectations are the driving force behind the revision,” David Kostin and his team said in a […]