This Bitcoin Miner Just Became Wall Street’s Favorite Overachiever (And It’s Not Even Trying That Hard)
Remember that kid in school who somehow aced every test without breaking a sweat? Meet IREN (NASDAQ:IREN), the Bitcoin miner that's casually sitting on a 268% gain this year while everyone else is still figuring out what blockchain actually means.
Here's the thing about IREN – it started life as Iris Energy, mining Bitcoin like it was going out of style. But somewhere along the way, someone in their boardroom had a lightbulb moment: "Hey, what if we also built some ...
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The Fed’s About to Drop Rates (And Why That’s Actually a Big Deal)
So here we are again, folks – another week, another Federal Reserve meeting that could shake up your portfolio faster than you can say "Jerome Powell."
Last week was all about those inflation reports, and honestly? They were about as clear as mud. The Producer Price Index showed wholesale prices taking a nosedive (good news!), but the Consumer Price Index decided to run a little hot (not so good news). The markets basically shrugged and said "whatever" – ending the week ...
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The Fed’s Having a Moment (And Not the Good Kind)
So here we are again, folks. The Federal Reserve is about to make another "important" decision, and Wall Street is basically sitting there like that friend who's pretending everything is fine while their house burns down behind them.
The numbers tell the story: S&P 500 futures are up a measly 0.13%, which in market speak means "we're cautiously optimistic but also terrified." Meanwhile, the VIX (aka the fear gauge) jumped 6.3% because apparently someone remembered that uncertainty exists.
What's Really Going On
Everyone ...
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Even the Nvidia Haters Are Throwing in the Towel Now
You know that friend who's been stubbornly insisting that your favorite restaurant is overrated, only to finally try it and admit they were wrong? Well, that's basically what just happened with Nvidia and one of Wall Street's biggest skeptics.
DA Davidson, who's been about as enthusiastic about Nvidia as a cat is about bath time, just did a complete 180. They upgraded the stock from "neutral" to "buy" and bumped their price target from $195 to $210 per share. That's an ...
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Tesla’s Wild Ride: How Elon’s Billion-Dollar Shopping Spree Sent TSLA to the Moon (Again)
Remember when Tesla stock was having a worse year than a crypto influencer's portfolio? Well, buckle up buttercup, because TSLA just pulled off one of those classic "hold my beer" moments that makes the stock market feel like a casino run by caffeinated day traders.
The Rollercoaster Nobody Asked For
Let's rewind to December when Tesla was riding high at $490 per share – basically the stock market equivalent of that friend who peaked in high school. Thanks to Elon's bromance with ...
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America’s AI Gold Rush: Why Big Tech Is Betting Half a Trillion on Home Turf
Remember when everyone was freaking out about China eating our lunch in tech? Well, plot twist: America just decided to cook at home instead.
While the world's busy doom-scrolling through war headlines and inflation fears, the biggest tech companies are quietly making some absolutely bonkers bets on U.S. soil. We're talking half a trillion dollars in AI infrastructure investments. That's not a typo – that's more money than most countries' entire GDP.
Nvidia's $500 Billion "Hold My Beer" Moment
Nvidia just announced they're ...
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IonQ Just Hit $50 and Everyone’s Losing Their Minds (Here’s the Real Deal)
So IonQ stock just blasted past $50 today, and the quantum computing crowd is basically doing victory laps around their keyboards. Why? Because the company got the green light from the UK to buy Oxford Ionics, which sounds fancy but is basically like getting permission to add another shiny toy to their quantum collection.
Here's what actually happened: IonQ has been on this acquisition spree lately, gobbling up quantum companies like they're collecting Pokemon cards. The market loves this strategy because, ...
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Goldman Sachs Just Threw Cold Water on the Stock Market Party (And They Might Be Right)
So here we are, living in what feels like stock market paradise. The S&P 500 is hitting records like it's going out of style, everyone's feeling pretty good about their portfolios, and the Fed is about to start cutting rates like they're handing out free samples at Costco.
But leave it to Goldman Sachs to be that friend who points out the spinach in your teeth right before the big photo. In a note that's basically the financial equivalent of "well, ...
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