Eightco Holdings’ 3,000% Rally Sparks “Market Madness” Warnings Shares of Eightco Holdings (OCTO) exploded from $1.45 to $45.08 on Monday, a staggering 3,009% surge, after announcing a $250 million investment in Sam Altman’s cryptocurrency Worldcoin. The move also saw Wedbush tech analyst Dan Ives named chairman, while BitMine (BMNR) —...
Goldman Sachs: AI Trade Unwind Poses Biggest Risk to Markets Markets wobbled after Friday’s weak jobs report, but the S&P 500 held near record highs. Investors are betting the Fed’s rate cuts will offset slowing growth and keep the economy out of recession. Goldman Sachs, led by David Kostin, now...
Wall Street May Be Missing Nvidia’s Data-Center Potential, Analyst Warns Nvidia narrowly avoided a sixth straight decline on Thursday, but its stock is still 7% below recent highs. Tech analyst and I/O Fund CEO Beth Kindig argues investors are missing the bigger picture. While second-quarter results looked soft, Kindig highlights...
Banks Push Commodities as Fed Drama Stirs Inflation Risks The Federal Reserve’s independence is under pressure, and markets are bracing for the fallout. Trump’s pick for Fed governor, Stephen Miran, heads to a Senate hearing Thursday, while a judge may soon decide whether Governor Lisa Cook can keep her seat...
Broadcom may find it difficult to top its bold forecast of 60% AI revenue growth next year, but Melius Research sees any post-earnings pullback as a buying opportunity. Analysts describe the company as operating “in rarified air,” alongside Nvidia. The bar is high: Nvidia and Marvell both saw stock declines...
Gold may not generate income or fuel industry, but that’s exactly why it belongs in a portfolio. According to DE Shaw, an allocation of up to 9% makes sense — because gold doesn’t zig when stocks and bonds zag. As September opens with financial turbulence, gold is setting records while...
