When it comes to must-own tech stocks, Broadcom is one of the top contenders. According to Melius Research analyst Ben Reitzes, Broadcom is a “must-own” AI stock with a buy rating. Despite facing tough competition from companies like Nvidia, Broadcom stands out as a strong player in the industry. With its recent acquisition of VMware
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The recent unexpected election results in India have brought about a degree of political uncertainty that could potentially impact market sentiment in the short term. This development has raised concerns among investors and analysts, leading to a more cautious approach towards the market outlook. Despite these uncertainties, Citi Research has maintained its macroeconomic forecasts for
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The aftermath of the Covid-19 pandemic has not only exposed the vulnerabilities in the American economy but has also highlighted the resilience within certain sectors. Child care, in particular, has taken center stage as daycares closed, schools shifted to remote learning, and parents struggled to balance work and childcare responsibilities. While employment in the child
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The news of an $85 million shortfall between what partner banks of Synapse are holding and what depositors are owed has sent shockwaves throughout the fintech sector. Customers who trusted fintech firms that utilized Synapse to connect with banks are now facing the harsh reality that their balances may not be as secure as they
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The Food and Drug Administration has recently extended its approval of GSK’s respiratory syncytial virus vaccine to include adults between the ages of 50 to 59 who are at higher risk of contracting severe illness from the virus. This vaccine, called Arexvy, is the first of its kind to be authorized by the FDA for
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Bitcoin bears could be facing trouble as a recent analysis shows that open interest on the shorts’ side is slowly increasing, aligning with the spot buying volume. This situation often leads to short squeezes, potentially pushing the price of Bitcoin towards $100,000. One key indicator to watch is the Spot Cumulative Volume Delta (CVD). This
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