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Mizuho says Nvidia stock is set to hit $170 in Q1 2025. Here's why
Mizuho (NYSE:MFG)'s analyst Jordan Klein sees a bullish outlook for NVIDIA's stock, predicting that the company's management will present a very optimistic view during investor meetings at the upcoming CES in early January.
Investing.com
Dec 12, 2024
Whales buy Bitcoin and XRP dip as bull cycle shows resilience
Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000.
Bitcoin
XRP
Cardano
Solana
Cryptopolitan
Dec 12, 2024
Adobe weaker revenue guidance for current quarter offsets Q4 results beat
Investing.com -- Adobe reported Wednesday fiscal fourth-quarter results that beat estimates, but softer revenue guidance for the current quarter weighed on the stock in afterhours trading.
Investing.com
Dec 12, 2024
NZD/USD posts modest gains to near 0.5800 as Trump trade risks loom
The NZD/USD pair trades with mild gains around 0.5790 during the early Asian session on Thursday. Trump trade risks continue to undermine the China-proxy New Zealand Dollar (NZD).
NZD/USD
Fxstreet
Dec 12, 2024
Microsoft flags $0.8M writedown on stake in GM-backed Cruise
Investing.com -- Microsoft Corporation (NASDAQ:MSFT) said Wednesday it would take a $800 million writedown in Q2 on its stake in General Motors-backed robotaxi firm Cruise just a day after the automaker announced it would halt funding for robotaxi production.
Investing.com
Dec 12, 2024
Ripple's XRP eyes massive rally after posting bullish flag, high profit-taking poses threat
Ripple's XRP continued its rally on Wednesday as it looks to test the upper boundary of a key flag channel. Following the recent price rise, investors booked profits worth nearly $800 million while options traders bet on the remittance-based token hitting the $5 mark.
XRP
Bitcoin
Ethereum
Fxstreet
Dec 12, 2024
Chinese policymakers are considering a weaker Yuan as Trump trade risks loom
On Wednesday, China’s top leaders and policymakers are considering letting the Chinese Yuan fall to weather what is likely to be a sharp hike in tariffs, per Reuters.
USD/CNH
USD/HKD
AUD/USD
Fxstreet
Dec 12, 2024
Bitcoin Price Forecast: BTC faces setback from Microsoft’s rejection
Rising institutional inflows, Ray Dalio’s endorsement of BTC, and Mara Digital and Riot Platforms’ increased Bitcoin holdings provide some support.
Bitcoin
Fxstreet
Dec 11, 2024
Crude Oil rebounds amidst Middle East flare-up
Oil prices are gaining some momentum with the heightened tensions in the Middle East.
Brent
Fxstreet
Dec 11, 2024
MicroStrategy expected to join Nasdaq 100 this month, S&P 500 eligibility by 2025
MicroStrategy is likely to enter the Nasdaq 100 index on December 23, with the announcement expected as early as December 13.
Bitcoin
Cryptopolitan
Dec 11, 2024
US Dollar keeps gains ahead of US CPI data, key for determining Fed outcome
The US Dollar edges up slightly ahead of the US CPI report for November.
US Dollar Index
Fxstreet
Dec 11, 2024
OpenAI CFO Sarah Friar calls Trump the ‘president of this AI generation’
Sarah Friar, Chief Financial Officer of OpenAI, said President-elect Donald Trump could be “president of this AI generation” as he will take over office just when the key foundation for artificial general intelligence is being laid. Sarah Friar joined OpenAI as the company’s first CFO six months a
Cryptopolitan
Dec 11, 2024
BoC set to cut interest rate again as inflation steadies and growth slows
The Bank of Canada (BoC) will announce its decision on monetary policy on Wednesday.
USD/CAD
Fxstreet
Dec 11, 2024
Forex Today: US CPI data and BoC rate decision to lift market volatility
Here is what you need to know on Wednesday, December 11: The US Dollar (USD) stays resilient against its major rivals early Wednesday, with the USD Index holding comfortably above 106.00.
Fxstreet
Dec 11, 2024
WTI continue to rise toward $69.00 due to improved demand outlook in China
West Texas Intermediate (WTI) Oil price extends its gains for the third successive session, trading around $68.80 per barrel during Asian hours on Wednesday.
Brent
WTI
Fxstreet
Dec 11, 2024
EUR/USD stays below 1.0550 as traders exercise caution ahead of the US CPI
EUR/USD remains subdued for the fourth consecutive day, trading around 1.0530 during the Asian session on Wednesday.
EUR/USD
Fxstreet
Dec 11, 2024
Google pushes to break Microsoft’s exclusive hold on OpenAI
Google asked the FTC to end Microsoft’s sole right to host OpenAI ’s technology only on Microsoft’s own servers.
Cryptopolitan
Dec 11, 2024
What to expect from China’s CEWC amid increased stimulus talk
China is set to kick off a two-day annual meeting of Communist Party leaders from Wednesday, with the conference expected to provide more cues on the country’s plans for stimulus.
Investing.com
Dec 11, 2024
Gold price retreats from over two-week top; bulls turn cautious ahead of US CPI
Gold price (XAU/USD) prolongs its weekly uptrend for the third consecutive day on Wednesday and climbs to a two-and-half-week high during the Asian session.
Gold
Fxstreet
Dec 11, 2024
US CPI inflation set to rebound slightly in November, core to remain high
The US Consumer Price Index (CPI) report for November, a key measure of inflation, will be unveiled on Wednesday at 13:30 GMT by the Bureau of Labor Statistics (BLS).
US Dollar Index
Bitcoin
Gold
USD/JPY
Fxstreet
Dec 11, 2024
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