The chip maker is showing “real” revenue from AI, shrugging off sustainability concerns and leading to an upbeat forecast.
Rising
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Crypto Currency
CryptoQuant CEO Calls Rising Bitcoin Hashrate ‘Indirect Bullish Signal’ from Institutions
Bitcoin’s rising hashrate represents an “indirect bullish signal” from institutional investors that are backing several public Bitcoin miners, according to analytics platform CryptoQuant’s founder and CEO, Ki Young Ju. “Higher…
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Stocks
Stocks keep shrugging off rising Treasury yields. Here’s the level that could finally trigger a selloff.
The yield on the 10-year Treasury yield continues to climb, but our call of the day from Strategas says that ascent will be much higher before stocks start to hurt.
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The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of doing business. Companies responded…
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Mortgage applications suffered another setback last week as rising interest rates dragged down demand for home loans, according to the Mortgage Bankers Association. For the week ending on July 10, MBA’s Market…
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By Peter Reagan Retirement planning has a cruel little habit: The expenses that are hardest to predict are often the ones we have the least power to avoid. A vacation…
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Fertilizer disruption from the Strait of Hormuz, a Russian diesel export ban, droughts, and a Super El Nino are converging to raise the risk of a global food crisis. Investorideas.com…
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Editor’s Note: This story originally appeared on The Penny Hoarder. Health insurance is becoming harder and harder for the average American to afford. Health insurance premiums are rising because the…
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The housing market is finally showing signs of the seasonal vitality we’ve been waiting for. After a stubborn climb through much of March, mortgage rates pivoted in April, dipping to…
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Stocks
Broadcom’s stock is rising. Here’s why its new Google and Anthropic deals are so significant.
Expanded chip agreements “put the spotlight back on Broadcom as a major winner” and could pave the way for earnings upside, analysts say.
