Some analysts believe a pullback in tech stocks is inevitable… and soon On Friday 2nd July 2020, the Nasdaq closed at an all time high of 14639 – up 121% since the Covid 19 low of 23rd March 2020. The broader S&P 500 and Dow have also closed at fresh record highs benefiting from bigRead More →
Hashrate drops More than 54% of bitcoin’s hashrate, which is the collective computing power of miners worldwide, has dropped off the network since its peak in May. The Bitcoin code has re-calibrated to make it approximately 28% less difficult to mine. Miners who are still plugged into the network standRead More →
It has been reported that as many as 200 U.S. companies have been hit by a ransomware attack, according to a cyber security specialist. It was a ‘collossal’ hit! It was reported by Huntress Labs that the hack targeted Florida based IT company Kaseya before spreading through corporate networks that useRead More →
Microsoft reached a valuation on Thursday 24th June 2021 of $2 trillion, becoming only the second U.S. company to do so, Apple being the first Achievement Microsoft became only the second U.S. company to close a trading day with a valuation above $2 trillion, joining Apple in an exclusive club.Read More →
The only way is… up? The Nasdaq reached a record high on Monday 14th June 2021 as investors were tempted back into growth stocks ahead of a Federal Reserve two day meeting due to start on Tuesday 15th June 2021 Nasdaq The Nasdaq tech loaded index climbed 0.7% to anRead More →
Nasdaq back in favour after falling 11% since recent high! On Tuesday, 9th March 2021, the Nasdaq climbed nearly 4% to enjoy its best day since November 2020. Investors poured back into popular growth stocks after a recent pullback. Will the risk on revival continue? Tesla surged 20% after falling asRead More →
Bitcoin’s value briefly surpassed $1 trillion again on Tuesday 9th March 2021, as the price of the cryptocurrency jumped The digital coin’s price rose on Tuesday and its market capitalization went above $1 trillion in overnight trade. It is only the second time that Bitcoin has surpassed $1 trillion afterRead More →
Tesla share value plummets as tech shares take a hit Since Tesla’s share peak in January 2021, the company has seen its share price plummet by some 33% – and that’s even after buying £1.5 billion Bitcoin to add to the balance sheet. Maybe this is partly why? Irony? There’sRead More →
U.S. stocks closed down on Tuesday 2nd March 2021, as the fight between bulls and bears continued after Monday’s hike S&P 500 range bound? The S&P 500 is trapped in a range between 3,800 and 3,900 – a close above or below these levels will be important for the futureRead More →
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