Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its lowest level this month. It remains in a local bear market after falling by 20% from its highest point this year. So, will it rebound and retest its all-time high? Broadcom expands
Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may take longer than expected to become a meaningful growth driver. The downgrade came despite Salesforce’s strong position in enterprise software and follows the company’s better-than-expected fiscal first-quarter results reported in late May.
The Schwab US Dividend Equity ETF (SCHD) has moved sideways in the past few days. It has remained inside the key support and resistance levels of $31.60 and $32.90 since May. Despite the consolidation, SCHD is having a strong year, with inflows rising by over $13 billion and its assets nearing the $100 billion mark.
Kresus, a self-custody cryptocurrency wallet provider, has announced the launch of Kresus Inheritance, a service that allows users to create a succession plan for their digital asset holdings. According to the company, the service does not require users to share private keys or use complex recovery procedures. While self-custody gives users direct control over their
MARA Holdings (MARA) shares are ripping higher on Thursday after the company announced a major acquisition that meaningfully accelerates its pivot into the AI and data center infrastructure space. Before the market opened on July 9th, MARA said it has agreed to acquire a “1,200-acre” powered land site in Matagorda County from HIF USA. This
Zcash (ZEC) is back in focus after recovering from a sharp sell-off that followed the disclosure of a security issue in its shielded transaction system. The privacy-focused cryptocurrency has stabilised near $465 after briefly reclaiming the $500 mark, with focus now on whether the latest technical setup and improving fundamentals can support another move higher.
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Founders Fund-backed Layer 1 blockchain N1 has agreed to acquire decentralized derivatives platform 01 Exchange, bringing one of the largest applications built on its network under direct ownership as it prepares for the rollout of its next-generation blockchain infrastructure. The transaction is expected to close within the next six months and will be structured entirely
Nexo, a digital assets wealth platform, has launched the Nexo Card in Argentina alongside the appointment of Andres Ondarra as General Manager for Nexo Argentina. The company said the two developments mark the next phase of its expansion in a market with high levels of digital asset adoption. The Nexo Card allows users to spend
The race to challenge Nvidia’s dominance in artificial intelligence chips is entering a new chapter, with startups attracting billions of dollars in funding, Big Tech accelerating in-house chip development, and investors betting that the next phase of AI computing may not belong exclusively to graphics processing units. While Nvidia continues to dominate the market for