Investing

In a striking turn of events, Treasury Secretary Scott Bessent attributed the recent stock market turmoil primarily to the reckless performance of major technology stocks rather than the ongoing trade policies initiated by the Trump administration. This assertion, made during his appearance on Bloomberg TV, signals a troubling trend that suggests we are often quick
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In a daring maneuver that highlights both innovation and risk, GameStop has announced its decision to invest in Bitcoin using corporate cash. This ambitious strategy has echoes of MicroStrategy’s earlier ventures into cryptocurrency, a shift that fundamentally altered how corporations view digital assets. By pursuing an investment model traditionally reserved for tech giants, GameStop aims
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Viasat Inc.’s stock witnessed a remarkable surge, escalating over 13% in a single afternoon trading session, following a crucial upgrade from Deutsche Bank analyst Edison Yu. This endorsement transformed the narrative around Viasat from one of cautious optimism to a resounding battle cry for investors. By moving the stock rating from “hold” to “buy,” Yu
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Quantum computing has long been the mesmerizing subject that has intrigued both scientists and tech enthusiasts alike. However, the expectations set forth regarding its timeline for practical application have often proven to be a double-edged sword. Jensen Huang, CEO of Nvidia, recently attempted to recalibrate the conversation surrounding quantum computing at his company’s inaugural “Quantum
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In an era marked by financial tightening and budgetary constraints, the recent plummet of Accenture’s shares serves as a telling barometer of the impending turbulence in the consulting industry. The firm, renowned for its expansive consulting services, reported a staggering 7.3% decrease in stock value following the revelation that its Federal Services sector is grappling
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