Carvana’s stock price surged 40% after a strong first-quarter earnings report. This jump added to the woes of short sellers, who have lost $3.9 billion betting against the company. Carvana’s stock is still far from its all-time high in 2021, but it has rebounded more than 1,500% in the past year. Analysts are mixed on… Continue reading Is Carvana the new Gamestop? Short-Sellers Losses Total $3.9 Billion.
Annovis Bio is a clinical-stage drug platform company founded in 2008. They focus on developing treatments for neurodegenerative diseases, such as Alzheimer’s disease (AD) and Parkinson’s disease (PD). Their approach targets the underlying causes of neurodegeneration by reducing toxic proteins and improving communication between nerve cells. However, things may not be going according to plan… Continue reading Annovis Bio stock plummets 50% amid stage 2 drug results.
Games Workshop, the British miniature wargaming company, is facing a double-headed storm. The company’s recent announcement of a lore retcon – a revision of its established fictional universe – has angered a significant portion of its fanbase. Simultaneously, the company’s stock price has become mysteriously absent from several financial reporting websites. The lore retcon, details… Continue reading Games Workshop’s Lore Retcon Sparks Fan Outrage and Stock Secrecy
The cryptocurrency market’s recent downturn has cast a long shadow, with some dismissing it as a blip and others fearing a full-blown bubble burst. Experts are particularly worried about the echoes of the AI bubble. Both sectors experienced explosive growth fueled by speculation and fervent belief in their transformative potential. Now, as the AI sector… Continue reading Crypto Slump: Correction or Echo of a Burst Bubble?
Artificial intelligence (AI) is the talk of the town. From self-driving cars to market-beating algorithms, it seems AI can do it all. This excitement has certainly translated to the stock market, with companies like NVIDIA hitting record highs. But with whispers of caution from some experts, investors are left wondering: is now the right time… Continue reading AI on the Rise, But Hold Your Horses on Investment?
Gold vs. Bitcoin: A Comparative Analysis In the realm of investments and store of value, gold and Bitcoin represent two vastly different eras. Gold, a tangible asset, has been valued for millennia, while Bitcoin, a digital currency, emerged only a little over a decade ago. This article aims to compare these two assets in terms… Continue reading Gold vs. Bitcoin: A Comparative Analysis
With a technical recession already confirmed and crypto currencies breaking all support levels, Used cars cost more than new ones and home values have soared along with interest rates making it nearly impossible for first time home buyers to buy into the American dream. How will the next few months play out? We have had… Continue reading Has the Market hit bottom?
Depending on what side of the Crypto Coin you’re on, Crypto legislation may be good or bad for business. Purists believe it should stay as originally intended… Decentralized. While many others feel that without guaranties from governments and Banks backing it, it may backslide into the abyss. I for one feel that crypto can never… Continue reading Crypto Legislation Begins
The president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who has made some prescient predictions on crypto (not to mention equities). He said the so-called winter for bitcoin BTCUSD is over for now, with a forecast for the No. 1 cryptocurrency to reach $100,000 by later 2023, in a run higher that could last… Continue reading Analyst says $100,000 Bitcoin by next year
A stablecoin is a type of cryptocurrency with a value pegged to other assets, usually fiat currencies such as the U.S. dollar. They are designed to maintain a stable price, which makes them popular when it comes to facilitating trading, lending and borrowing of other digital assets. Some stablecoins, such as USDT USDTUSD, 0.12% and USDC USDCUSD, 0.00%, are backed by… Continue reading Stable Coin Crypto-Crash