10 Best Performing Cryptocurrencies in January 2023

The cryptocurrency market was off to a great start this year, with Bitcoin, the world’s largest digital currency by market value, gaining more than 40% last month. Ether, the world’s second-largest digital currency, also gained about 40% in January. Other cryptocurrencies showed impressive gains as well, with the broader cryptocurrency market gaining over 35% last month. Let’s take a look […]

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Market euphoria to face reality check this earnings season

After a bruising 12 months, investors have started this year on a high. The ASX 200 reversed all of last year’s ugly losses in January alone, and it is hard to ignore the signs the economic backdrop may be less bleak than feared. China is reopening to the world. The supply chain crunch is easing. Inflation – which played havoc […]

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Earnings Preview: Can NXP Semiconductors Extend Its Streak of EPS Beats?

In mid-morning trading Friday, the Dow Jones industrials traded down 0.22% and the S&P 500 was down 0.22%, while the Nasdaq was up 0.07%. A decent start at the opening bell evaporated, and stocks were struggling to stay in the green. After U.S. markets closed Thursday, Intel reported missed estimates on both adjusted earnings per share and revenue. Even worse, […]

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Treasuries Close Lower Following Volatile Session

After ending the previous session roughly flat, treasuries saw considerable volatility over the course of the trading day on Thursday. Bond prices fluctuated as the day progressed before closing in negative territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.1 basis points to 3.493 percent. The lower close by treasuries came […]

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Tuesday’s Top Analyst Upgrades and Downgrades: AMD, Apple, CrowdStrike, Lucid, Netflix, Qualcomm, Shopify, Tesla, Wayfair, Workday and More

The futures traded lower after a big risk-off Monday to start the trading week. All the major indexes closed higher, as the financial media cited a string of positives, including slowing inflation, a less aggressive Federal Reserve and an improving supply chain. Yet, fourth-quarter results are coming in much worse than expected, and so far only 67% of companies that […]

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LiDAR Maker Hesai Aims Laser Beams Moonward With $100 Million IPO

Investors who see autonomous driving going to the moon have a new initial public offering (IPO) ahead of the Lunar New Year.  LiDAR company Hesai may light the way for Chinese IPOs in 2023, filing for the deal just days ahead of the country’s traditional annual holiday festival. The Shanghai-based firm filed with the Securities and Exchange Commission (SEC) on […]

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The Number of DAO Members Increased 130x in 2021 to 1.6 Million: Report

The World Economic Forum (WEF) delivered its latest January report on the decentralized autonomous organization (DAO) landscape in the last couple of years. In 2021, DAO participants increased by a factor of 130x. However, with DAO maturity come legal challenges. The Decentralized Autonomous Organization Toolkit The World Economic Forum’s latest January 2023 insight is titled “Decentralized Autonomous Organization Toolkit.” The […]

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