This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The weight of high expectations is often a heavy burden to carry. In life, if you are a top performer at work, it’s expected that you will show up to be a top
The cryptocurrency market is full of opportunities and value asymmetry that sharp observers can benefit from. On that aspect, market capitalization is a powerful benchmark to trace comparisons between competing projects for a fundamental analysis. In particular, the currently $3 billion Monero (XMR) stands out with strong fundamentals, hinting at an undervalued capitalization. Monero is
Nvidia (NVDA) stock fell more than 6% to close at $118.11 per share on Monday as investors rotated out of the hottest AI play of the year. The session marked the third consecutive day of losses for shares of the chip heavyweight. The stock has declined more than 12% from its all-time closing high of
Nvidia (NVDA) stock fell as much as 5% on Monday as investors rotated out of the hottest AI play of the year. The session marked the third consecutive day of losses for shares of the chip heavyweight as they slipped into correction territory. The stock declined more than 11% from its all time closing high
AI crypto tokens rally after Nvidia posts record gains. (Chiang Ying-ying, Associated Press) AI-related cryptocurrency tokens have rallied in the past 24 hours, outperforming major digital assets, such as bitcoin (BTC-USD) and ether (ETH-USD). The artificial intelligence token market cap has increased by over 14%, to now stand at $29.9bn (£23.55bn), according to Coingecko data.
Nvidia stock has continued its stunning rally this year, sending the AI chip leader’s valuation past $3 trillion and making it an even bigger presence in the S&P 500. In fact, 34.5% of the S&P 500’s market cap gains so far this year can be attributed to Nvidia alone, according to Apollo Chief Economist Torsten
Option2Trade Dubai, UAE, April 03, 2024 (GLOBE NEWSWIRE) — As the crypto universe stands on the cusp of the much-anticipated Bitcoin (BTC) halving event, a question looms large over the digital asset landscape: Who will emerge as the dominant force controlling the majority market cap? This question is not just a matter of speculation but