stocktrader
ETH vs ETHA vs ETHV vs FETH: Best Ethereum ETF to buy?
Tuesday will be a big day for the crypto industry as the Securities and Exchange Commission (SEC) has finally approved spot Ethereum ETFs. These funds are expected to start trading, a move that could see substantial sums of money flowing to Ethereum. The ETFs that will go live are the Grayscale Ethereum Mini Trust (ETH),… Continue reading ETH vs ETHA vs ETHV vs FETH: Best Ethereum ETF to buy?
Biden’s withdrawal from 2024 presidential race: What it means for Lockheed Martin
In a significant political development, President Joe Biden’s resignation from the 2024 presidential race has spurred discussions about its potential impact on major defense contractors like Lockheed Martin Corp (NYSE: LMT). Despite the political upheaval, Lockheed Martin remains steadfast in its mission, emphasizing that its strategic objectives will persist irrespective of electoral outcomes. Lockheed Martin’s… Continue reading Biden’s withdrawal from 2024 presidential race: What it means for Lockheed Martin
Elon Musk delays Tesla humanoid robots to 2025: Should investors be concerned?
Elon Musk has announced that Tesla’s highly anticipated humanoid robots will now be launched in 2025, a delay from the previously promised 2024. This postponement follows a similar delay for Tesla’s Robotaxi, which was pushed back by two months from its original August launch date. Both delays have sparked concerns among investors about the company’s… Continue reading Elon Musk delays Tesla humanoid robots to 2025: Should investors be concerned?
CrowdStrike faces double downgrade amid IT outage fallout as Cathie Wood seizes the opportunity
CrowdStrike, the cybersecurity firm recently thrust into the spotlight due to a global IT outage, is experiencing a significant decline in its stock value. The company’s shares have dropped by 13.5% today, continuing the downward trend that began after the faulty security update triggered widespread computer crashes across the globe. The full impact and financial… Continue reading CrowdStrike faces double downgrade amid IT outage fallout as Cathie Wood seizes the opportunity
Microsoft blames 2009 EU agreement for massive IT outage after security update
On Friday, the largest IT outage to date disrupted approximately 8.5 million computers, primarily due to a faulty security update from cybersecurity firm CrowdStrike. Microsoft has attributed the issue to a 2009 European Commission agreement that it says prevented the company from implementing security changes that could have blocked the problematic update. Faulty update sparks… Continue reading Microsoft blames 2009 EU agreement for massive IT outage after security update
Turkish tourists flock to Greece amid skyrocketing inflation at home
In recent months, Türkiye has experienced a dramatic surge in inflation, reaching an alarming 75.4% in May. This steep rise, primarily driven by soaring costs in hotels, cafes, and restaurants, has made domestic travel increasingly unaffordable for many Turkish citizens. As a result, an increasing number of Turkish tourists are now opting for international travel,… Continue reading Turkish tourists flock to Greece amid skyrocketing inflation at home
Alphabet’s Q2 earnings preview: Revenue set to surge nearly 14% driven by AI and ad market revival
As we move into the second half of 2024, all eyes are on Google-parent Alphabet (NASDAQ: GOOGL) as it prepares to announce its second-quarter earnings. Expected to show a nearly 14% increase in revenue, this will be Alphabet’s fourth straight quarter of double-digit growth. This impressive performance is largely driven by steady demand for its… Continue reading Alphabet’s Q2 earnings preview: Revenue set to surge nearly 14% driven by AI and ad market revival
Can activist investor Elliott turn the tide for Starbucks amidst struggling sales?
Starbucks (Nasdaq: SBUX) is experiencing a significant stock slide on Monday, erasing gains from the recent news that activist investor Elliott Investment Management has taken a stake in the company. This development comes at a critical time as Starbucks faces declining sales and questions about its management. Starbucks faces declining sales and stock value Over… Continue reading Can activist investor Elliott turn the tide for Starbucks amidst struggling sales?