November 11, 20240 Comments

Tesla shares rise premarket, pointing to extension in post-election rally By Investing.com

Investing.com – Shares in Tesla (NASDAQ:) jumped by more than 6% in premarket US trading on Monday (NASDAQ:), pointing to an extension in a post-election rally in the electric vehicle giant. The stock spiked by 8.2% on Friday, pushing Tesla’s market valuation above $1 trillion, fueled by wagers that the company and its Chief Executive Elon Musk would be major beneficiaries of Trump’s second four-year term in the White House. Musk

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November 11, 20240 Comments

Bitcoin could be one upgrade away from overtaking Ethereum DeFi

A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a suite of new functionality that could potentially see the Bitcoin network rival Ethereum in terms of decentralized finance (DeFi) activity.  The upgrade is called “OP_CAT” (short for operation code concatenate) and refers to a few simple lines of code originally introduced by Satoshi Nakamoto. This code was part of Bitcoin’s initial scripting system and

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November 11, 20240 Comments

Investing for 6% income in a declining interest rate world

Breadcrumb Trail Links Investor A top-rate GIC today pays 4.05% for one year locked in, 3.8% for two years locked in and 3.55% for three years locked in Published Nov 11, 2024  •  Last updated 1 hour ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Interest rates rates in the range of 3.55 per cent to 4.05

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November 11, 20240 Comments

1 “Magnificent Seven” Stock That’s a Screaming Bargain Right Now

The “Magnificent Seven” group of stocks is a phrase coined by CNBC’s Jim Cramer to describe the group of stocks that has led the market in recent years. It is made up of: Nvidia (NASDAQ: NVDA) Apple (NASDAQ: AAPL) Microsoft (NASDAQ: MSFT) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META) Tesla (NASDAQ: TSLA) If you invested in this group of stocks a couple of years ago,

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November 11, 20240 Comments

Canadians and Mexicans nervously watch the US election

Getty Images The Peace Bridge between Port Erie, Ontario, and Buffalo, New York, carries more than one million trucks, and more than five million cars, every year As Americans prepare to vote for their next president, Canadians and Mexicans are watching on nervously. For some Canadians living next to the US border, politics isn’t a topic often discussed. “You don’t talk politics and you don’t talk religion,” says 85-year-old Ernie,

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November 11, 20240 Comments

Where the Demand Comes From as the Bitcoin (BTC) Price Breaks Tops $82K: Van Straten

Zooming out over the past three years, it’s apparent that when Coinbase CVD spikes, it tends to be near local highs and lows. In March, one of the highest CVD levels occurred as bitcoin broke its then-record high above $73,000. There were also high levels near cycle lows around the Luna and FTX collapse in 2022, which shows smart money buying near the bottom and others buying near the top.

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