On March 7, Trump followed through with another executive order establishing a Bitcoin-specific strategic reserve, capitalizing it with approximately 200,000 BTC already held by the U.S. government from criminal forfeitures. This move was a focal point at a White House “Crypto Summit” on March 6-7, where Trump hosted industry leaders […]
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NVDA published its quarterly earnings report. Revenue: $39.3 billion, surpassing analyst expectations of $38.04 billion to $38.2 billion (depending on the source). Earnings Per Share (EPS): $0.89 (adjusted), beating estimates of $0.84 to $0.85. Year-over-Year Growth: Revenue increased 78% from the same quarter a year ago, while EPS rose 71%
Is favorite market stock NVDA ready for a new swing higher? Read More »
Companies like NVIDIA and Microsoft, which are heavily weighted in QQQ, benefit from the AI boom. This has been a positive catalyst for the ETF. Top Holdings: Apple, Microsoft, Amazon, NVIDIA, and Alphabet (Google) comprise a significant portion of QQQ. Sector Exposure: QQQ is heavily weighted toward technology, but also
QQQ is reaching the top of the long-term uptrend channel Read More »
Inflation concerns and Federal Reserve policies have influenced the NASDAQ’s performance. The January CPI report showed a 0.5% monthly increase, raising concerns about potential rate hikes. Fed Chair Jerome Powell emphasized the need to maintain restrictive monetary policy until inflation stabilizes closer to the 2% target. NASDAQ is breaking above
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Fourth Quarter Financial Results: Amazon reported a 10% increase in net sales for Q4 2024, reaching $187.8 billion, up from $170.0 billion in Q4 2023. Excluding the impact of foreign exchange rates, net sales rose by 11%. AMZN has recently been rejected from the 242 high 4 and is pulling
AMZN is reaching the medium-term top? Read More »
