September 15, 2024 at 02:30 AM GST updated: September 15, 2024 at 12:33 AM 2 mins read News Bittensor (TAO) soars 31%, now 41st in market cap at $2.51B following Nvidia’s surge. Nvidia’s 13.5% stock increase pushes TAO up 8.87% in just 24 hours. Analysts predict TAO could hit $3,000-$5,000, buoyed by AI sector growth…
The US stock markets had a fabulous run in 2024, as all the top three indexes surged in value. The S&P 500 and Nasdaq Composite shot up 15%, while the Dow Jones Industrial Average surged 8% year-to-date. Investors who entered the index funds this year made profits as leading stocks spiked in value. The stocks…
September 7, 2024 at 09:40 PM GST updated: September 7, 2024 at 09:02 PM 3 mins read News Nvidia stock dropped 14% in a week, impacting tech and crypto markets, with Bitcoin falling 9% and AI coins down 15%. Fundstrat’s Tom Lee sees Nvidia’s correction as a potential buying opportunity, with a projected target of…
September 4, 2024 at 09:01 AM GST updated: September 4, 2024 at 09:07 AM 2 mins read News Nvidia’s stock dropped 9.5%, erasing $279 billion in market cap amid a Justice Department antitrust investigation. The Nasdaq and S&P 500 fell over 3% and 2% respectively, triggered by Nvidia’s sharp decline. Bitcoin fell to $56,000 as…
September 2, 2024 at 10:19 AM GST updated: September 2, 2024 at 10:01 AM 2 mins read News PlayOutlanders’ $LAND token joins NVIDIA Developer and Inception Programs, enhancing AI and 3D tech capabilities. $LAND’s market cap remains under $500,000, with rising trading volumes indicating growing investor interest. NVIDIA’s support provides $LAND access to advanced AI…
August 31, 2024 at 06:18 PM GST updated: August 31, 2024 at 10:49 AM 2 mins read News Apple and Nvidia eye OpenAI, potentially boosting its value beyond $100B as they compete to dominate the AI landscape. Apple’s rare startup investment in OpenAI underscores its strategic push to lead in the competitive AI market. Nvidia’s…
August 30, 2024 at 01:06 AM GST 2 mins read News Nvidia stock fell 6.9% post-earnings, the steepest drop since February 2022.  Nvidia forecasts fiscal Q3 margins at 75%, potentially declining further in Q4.  With the stock market closed, Bitcoin could reflect broader market sentiment shifts. Nvidia’s stock fell 6.9% during the extended trading session…
August 29, 2024 at 09:20 AM GST updated: August 29, 2024 at 08:49 AM 2 mins read News The NVIDIA earnings report comes out positive with over $30 billion in revenue. One analyst predicted this outcome and admits to the report exceeding expectations. Analysts expect the bullish sentiment to slowly seep into stocks and crypto….
The Render Network saw a remarkable performance last month after the finalization of its token rebrand. Its bullish rally was halted in August due to the market retraces, which made the cryptocurrency’s price tumble below the $4 mark. However, its most recent performance skyrocketed the price by over 33% in the past week. Some analysts…
The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief argues that the Ninth Circuit’s approach to pleading standards under the Private Securities Litigation Reform Act (PSLRA) could severely impact emerging technology sectors, especially cryptocurrency….