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We recently looked at Goldman Sachs’ 42 stocks with the highest consensus returns, or the highest consensus ROE. In this article, we’ll take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) ranks on the list.As the fourth quarter of 2024 begins to settle down, the narrative around stocks on Wall Street is starting to change. This is not surprising since the start of the Federal Reserve’s interest rate cycle will change America’s economic landscape. These will naturally have an impact on companies, and along with financials, the outlook for cyclical stocks should also improve.For example, consider two reports by…
Asset management giant BlackRock is reportedly in talks with a number of crypto exchange platforms to use its proprietary token BUIDL as collateral for derivative contracts. According to a new report from Bloomberg, the world’s largest asset manager uses BUIDL, the crypto asset associated with its tokenized mutual fund, as collateral for derivative contract transactions, according to anonymous people familiar with the matter. He said he is considering the idea of doing so. Founded in March of this year, BUIDL stands for BlackRock USD Institutional Digital Liquidity Fund and aims to offer stable value of $1 per token built on…
Stablecoin giants like USDT and USDC continue to tighten their grip on the market, increasing their dominance and market share. But a new competitor, PayPal’s PYUSD, is making waves. Although still relatively small, recent data shows that this emerging stablecoin is gaining momentum and indicates potential change. Stablecoin power shift? The market power of stablecoins increased by 3% in the third quarter of 2024, according to a report from the research team at asset management firm Hashdex. USDT and USDC, the major fiat-backed dollar stablecoins, both increased their market share by 1% to 5% each. PayPal’s PYUSD, while still smaller…
LTC, TRX, and ZEC have recently attracted the attention of investors. According to popular exchange platform ChangeNOW, the trading volume of these coins is increasing. This platform is preferred by experienced investors, known as whales, who prioritize safety. The increase in transactions indicates a potential accumulation phase and suggests that these coins could grow soon. Litecoin rises over 13% in one week: bulls could take the lead Litecoin (LTC) price recently rose between $62 and $67, marking an impressive weekly increase of over 13%. The Relative Strength Index (RSI) is hovering around 56, suggesting bullish momentum is building. As the…
BlackRock, the world’s largest asset manager, is aiming to expand its foray into the digital asset industry following the successful launch of its Spot Bitcoin and Ethereum ETF in 2024. US asset management companies are trying to promote the use of their own money as a new business. Market token BUIDL as a collateral asset in the virtual currency derivatives market. BlackRock’s BUIDL functions as derivative collateral: report BlackRock has started selling BUIDL as collateral in the crypto derivatives market, Bloomberg reported on Friday. For context, BUIDL (short for BlackRock USD Institutional Digital Liquidity Fund) is a tokenized fund issued…
Musk’s political activities in support of Donald Trump had a positive impact on Dogecoin’s price, which rose by 11.68% in 24 hours and recorded a significant increase in trading volume. Mr. Musk’s support for Dogecoin has a history of influencing its price, often promoting the meme coin on X, leading to both legal challenges and active support. Elon Musk, the world’s richest man, sparked a Dogecoin frenzy after he made comments about the Department of Government Efficiency (DOGE) during an interview at a town hall rally in Folsom, Pennsylvania. During public questions, someone asked about his position on the Department…
advertisement XRP continued to trade in a tight consolidation pattern on Saturday, hovering around $0.54. For the past three weeks, XRP has been range-bound, trading primarily between support at $0.52 and resistance near $0.56. Looking at the long-term chart, XRP is in a period of relative stability after the significant price spike and subsequent correction seen in early 2021. Volume is moderate, suggesting a balance between buyers and sellers as the market awaits potential catalysts. Movement in the next direction. However, CoinMarketCap data shows that community sentiment has increased recently, with 85% bullish, indicating growing optimism among XRP holders. This…
advertisement Solana co-founder Anatoly Yakovenko highlighted the major differences between the network’s ecosystem and Ethereum. He pointed out that once the world’s resources become saturated with solana, it will not lead to appropriate price discovery. Crypto users have joined the discussion on Ethereum and Solana, along with other blockchain features. Solana Executive Tips Network Scalability Solana co-founder shares his views with the cryptocurrency community on the scalability differences between blockchain and its rival Ethereum. In a recent post on X (formerly Twitter), Anatoly wrote that price discovery is not the best thing for Solana when global resources are saturated. Blockchains…
I would replace dividend cutters with companies that pay more sustainable dividends. I enjoy investing in dividend stocks. I like seeing the income flow into my portfolio. You’ll have more money to reinvest in income-producing investments. It increases my passive income stream towards the end goal of eventually reaching a level where it can offset my regular expenses. I’ve had several setbacks in achieving this goal over the years as companies I’ve owned have cut their dividends. One disappointing investment is 3M (MMM -0.40%). The industrial giant cut its payout earlier this year, ending a streak of more than 60…
Flows into Spot Bitcoin exchange-traded funds surged more than 580% this week as one analyst noted that whales were piling into Bitcoin on pace for 2020’s stock rally. Last week, inflows into the 12 Bitcoin spot ETFs reached $2.13 billion, marking the sixth consecutive day of positive inflows. Weekly inflows into Bitcoin ETFs exceeded $2 billion for the first time since March 2024. Net inflows across Bitcoin ETFs reached a record high of $20.94 billion. According to Bloomberg’s Eric Balciunas, this is a milestone that has taken years for gold ETFs to achieve. The Bitcoin product took less than a…