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A Look at the Most Active Stocks on the Market Today
The stocks with high activity in the market are important to be aware of because they can have a significant impact on the overall direction of the market. For example, if a large number of shares of a particular stock are traded in a short period of time, it can...
Avoiding Cryptocurrency scams
The rise in popularity of cryptocurrencies has also increased the opportunities for unscrupulous actors to take advantage of the crypto space's flaws and defraud innocent consumers. Fraudsters stole over $7.8 billion worth of bitcoin in 2020, and this number...
What Is The Development Trend Of Bitcoin In 2022?
2021 has been a turbulent but fruitful year for cryptocurrencies. The market cap of cryptocurrencies has grown from less than $800 billion to around $2.2 trillion now, with some assets enjoying considerable returns in terms of price and users. For example, according...
Solid earnings, low interest rates pushed global stocks to record in 2021
Image Source: https://unsplash.com/photos/dAmHWsRYP9c A confluence of positive factors continued to favor global stocks last year, pushing most major indices to new all-time highs. It’s the second consecutive year of strong gains, as hard assets outperform cash by...
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Denny’s rival dining chain files for Chapter 11 bankruptcy
Asani Restaurant Group LLC, owner of Buttermilk Eatery, filed for Chapter 11 bankruptcy protection in Florida on August 31, listing over $75,000 in assets and over $407,000 in debts.
Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell Technologies shares rose 9% after reporting fiscal second-quarter results and raising full-year guidance, driven by strong demand for AI servers and data center hardware.
Palo Alto Networks beats quarterly estimates on AI demand, continues acquisition spree
Palo Alto Networks exceeded quarterly expectations as rising artificial intelligence threats drive customer demand for cybersecurity solutions. The company announced continued acquisition activity to expand its AI security capabilities.
Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation
Xpeng shares fell over 9% in Hong Kong after the EV maker issued weaker-than-expected third-quarter delivery guidance, though its robotics unit secured a $6.3 billion valuation.
Nvidia adds more than $400 billion in value after blowout earnings boost AI confidence
Nvidia shares surged nearly 9% after the chip company projected strong artificial intelligence demand and 70% revenue growth for fiscal 2028, adding over $440 billion to its market capitalization.
Marvell’s (MRVL) Data Center Machine Keeps Rewriting Its Own Forecast
Marvell reported record second-quarter revenue of $2.739 billion and raised full-year fiscal 2027 guidance to approximately $12 billion, driven by data center sales growth of 46% year over year.
Factory activity bounced in August as AI fuelled Asian expansion
Global factory activity expanded in August as AI hardware demand boosted Asian production while European manufacturing reached its fastest pace in over four years.
TD’s (TD) Record Quarter Comes With A Regulatory Asterisk
Toronto-Dominion Bank reported adjusted net income of $4.7 billion, up 21% year over year, with adjusted diluted EPS jumping 26% to $2.77, though regulatory challenges persist.
Affirm’s (AFRM) Next Chapter Bets Big On The Card
Affirm Holdings reported its most profitable quarter ever, yet shares fell 4.26%. The company is betting on its Affirm Card to drive future growth, with card attach rates at 19% of active users.
Phibro’s (PAHC) Big Acquisition Bet Just Cleared Its First Full Year
Phibro Animal Health reported fiscal 2026 net sales of $1.5 billion and adjusted EBITDA growth of 39%, marking the first full year since acquiring a major medicated feed additive portfolio.
TORM’s (TRMD) Record Quarter Rides A Fragile Geopolitical Wave
TORM reported record second-quarter earnings of $338 million, driven primarily by geopolitical disruptions around the Strait of Hormuz that rerouted tanker traffic and increased shipping rates.
UP Fintech’s (TIGR) Record Quarter Comes With A Bigger Bill
UP Fintech reported record quarterly revenue of $182.3 million and swung to $39.4 million in net income, driven by strong growth in Singapore and Hong Kong markets.