Rafael Enrique | Lightrocket | Getty ImagesMacroeconomic uncertainty and potential policy changes under the administration of President-elect Donald Trump have driven the stock market to new heights the past four weeks. But investors stand to benefit if they ignore short-term noise to focus instead on companies that can navigate challenges...
Category: Investing
Top Wall Street analysts are upbeat on these stocks for the long haul
The postelection rally has hit some turbulence in recent days, giving investors a bumpy ride in the near term. However, these choppy markets can harbor plenty of opportunities — for those who know where to look.Investors shouldn't focus too much on short-term volatility as they position their portfolios. Recommendations from...
Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
Mustafa Ciftci | Anadolu | Getty ImagesRumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency.Shares rose nearly 4% in extended trading."We believe that the...
Data centers powering artificial intelligence could use more electricity than entire cities
An Amazon Web Services data center in Ashburn, Virginia, US, on Sunday, July 28, 2024.Nathan Howard | Bloomberg | Getty ImagesThe power needs of artificial intelligence and cloud computing are growing so large that individual data center campuses could soon use more electricity than some cities, and even entire U.S....
Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook
Thomas Trutschel | Photothek | Getty ImagesThe board of Acurx Pharmaceuticals on Wednesday approved the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset.Shares of the company were last lower by more than 6% after spiking about 8% in premarket trading."As demand for bitcoin grows, and...