Nvidia Corp (NASDAQ:NVDA) is eying robotics as its next growth catalyst as it battles intense rivalry in its artificial intelligence chipmaking business from Advanced Micro Devices, Inc (NASDAQ:AMD). Also, core Big Tech giants, including Amazon.Com Inc. (NASDAQ:AMZN), are competing in a space that aims to reduce their dependence on the chip designer by producing their […]
Anusuya Lahiri | December 30, 2024
Novo Nordisk A/S (NYSE:NVO) shares rose by nearly 5% in pre-market trading on Monday, as per Benzinga Pro. This follows a significant 17.8% drop on Friday, which was triggered by disappointing results from a Phase III trial of its weight-loss drug, CagriSema. What Happened: The Danish pharmaceutical company experienced a €90 billion reduction in market value after the REDEFINE […]
Pooja Rajkumari | December 23, 2024
As 2025 approaches, Bitcoin (CRYPTO: BTC) finds itself navigating a shifting macroeconomic landscape, with fading tailwinds raising concerns about sustained momentum, according to a report. What Happened: The Federal Reserve’s hawkish stance, coupled with broader macroeconomic headwinds, suggests a year of heightened caution for traders and investors, 10x Research report on Friday stated. “Some indicators […]
Murtuza Merchant | December 20, 2024
The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a […]
Avi Kapoor | December 18, 2024
Ripple Labs CTO David Schwartz has issued a warning to investors about potential price volatility as Ripple‘s RLUSD stablecoin goes live. What Happened: “As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes,” Schwartz said on Sunday on X. He pointed out that while someone might pay […]
Murtuza Merchant | December 16, 2024
June 10, 2024