hxdbzxy/iStock via Getty Images The S&P 500 communication services sector has witnessed strong growth this year, driven by positive earnings and enthusiasm over the promise of artificial intelligence. Communication services (SP500-50) emerged as the second-best performing segment among the 11 S&P 500 sectors, gaining 26% in the first half ofContinue Reading
U.Today – In a significant milestone on the cryptocurrency market, the number of addresses holding more than one BTC has surpassed one million. According to a recent report by IntoTheBlock, there are currently 1,010,777 such addresses, marking a notable achievement in the Bitcoin ecosystem. IntoTheBlock, a blockchain analytics platform, highlightedContinue Reading
U.Today – The ongoing sell-off in the crypto ecosystem might be taking a breather as the price of (BTC) has finally formed support at the $61,100 mark. At the time of writing, the combined crypto market cap is down 0.55% to $2.56 trillion, and Bitcoin has pared off its losses.Continue Reading
AdrianHancu Morgan Stanley thinks Tesla (NASDAQ:TSLA) will be an even more important player in the U.S. energy market due to power needs from the AI boom. The firm’s analysis indicates that U.S. data center power usage may be equivalent to the power used by 150 million electric cars by 2030.Continue Reading
U.Today – MicroStrategy chairman and cofounder Michael Saylor has sparked excitement within the crypto community by launching a poll, asking, “How fast do you expect BTC to appreciate annually in USD over the next ten years?” The results reveal strong bullish sentiment among respondents, suggesting a significant price boom aheadContinue Reading
