Fundstrat’s Tom Lee thinks 2027 and 2028 could represent a one-in-a-lifetime time period for stock gains. Lee says in a new interview with CNBC that stocks could witness challenges between now and December and encourages investors to remain “vigilant but generally bullish.” He notes that three potential major initial public offerings and midterm election seasonality […]
The post Fundstrat’s Tom Lee Says 2027 and 2028 Could Witness the ‘Biggest Gains in the Stock Market in Our Lifetime’ – Here’s Why appeared first on The Daily Hodl.
With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’
A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is walking back those ideas after failing to make money from ads and erotic chatbots.
Meanwhile, rivals are storming ahead with plans to expand and go public on the stock market, in what is widely expected to be a season of record-setting initial public offerings (IPOs).
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Bitmine is now holding more than 5.4 million Ether tokens, a stockpile worth over $10.5 billion, and that puts the company about 90% of the way toward its goal of controlling 5% of Ethereum’s circulating supply. The latest purchase landed at a time when ETH has been stuck near $2,000 and has failed to match […]
The president of Yardeni Research is dismissing fears that three major artificial intelligence (AI) companies going public – SpaceX, Anthropic and OpenAI – will cause a stock market liquidity drain. In a new blog post, veteran strategist Ed Yardeni says that “we aren’t as concerned” as other analysts that the so-called “AI-3” are going to […]
The post Ed Yardeni Pushes Back on Fears That SpaceX, Anthropic and OpenAI Will ‘Suck the Oxygen Out’ of the Stock Market – Here’s Why appeared first on The Daily Hodl.
Over $7 million in potential losses has now been stopped across two back-to-back operations after Singapore’s Anti-Scam Centre and Cyber Investigation Branch joined forces with some of the world’s biggest crypto exchanges to intercept scams before victims lost their funds. Related Reading: $52M Ethereum Bet Comes As Tom Lee Says ETH Isn’t Reflecting Its Potential […]
Fundstrat technical strategist Mark Newton says the US stock market is poised to broaden beyond semiconductors and memory stocks, warning that tech has gotten “over its skis” after an 18% rally in eight weeks and is likely to consolidate through the summer. Speaking in a recent interview, Newton identified financials, industrials, consumer discretionary, and healthcare […]
The post US Stock Market Could Broaden As Tech Sector Looks Primed To Consolidate This Summer: Fundstrat’s Mark Newton appeared first on The Daily Hodl.
Bitmine is aiming to hold 5% of the total circulating supply of 120.6 million Ether tokens and is about 90% of the way to its target after its latest purchase.
Bitmine Immersion Technologies added 26,497 ETH last week, lifting its total ethereum holdings to 5,416,901 coins valued at roughly $10.85 billion and bringing the company within striking distance of owning 5% of ethereum’s entire circulating supply. A Deliberate Slowdown, Not a Retreat The purchase, worth approximately $53 million at roughly $2,003 per ETH, marks a […]
