Zcash (ZEC) has returned to the spotlight after posting another strong move alongside the broader cryptocurrency market. The privacy-focused cryptocurrency climbed 1.5% over the past 24 hours to trade at $541.07, extending its monthly gain to nearly 20% while remaining one of the strongest-performing large-cap digital assets over the past year. While the latest recovery
Alphabet Inc. (GOOGL) will report second-quarter earnings on Wednesday after the closing bell, with investors closely watching whether the Google parent can justify its growing investments in artificial intelligence amid delays to a key AI model and intensifying competition. As the first of the “Magnificent Seven” technology companies to report earnings this season, Alphabet’s results
Jito’s latest product launch has put fresh attention on the JTO token at a time when sentiment across the cryptocurrency market is improving. The protocol has introduced JTX, a self-custodial trading platform built for Solana assets and tokenised real-world assets, adding a new business line beyond its well-known liquid staking and MEV infrastructure. https://twitter.com/jtx_trade/status/2079586859529777388?s=20 Following
Tesla (TSLA) shares are inching higher ahead of the company’s second-quarter earnings scheduled to be released after market close on Wednesday, July 22nd. Consensus is for the EV specialist to post a nearly 15% year-on-year increase in earnings per share (EPS) to $0.31 on revenue of at least $25.7 billion – which would represent a
Micron Technology Inc. (MU) shares surged 12% on Tuesday after Bank of America argued that the rapid emergence of low-cost, open-source Chinese artificial intelligence models could increase, rather than reduce, demand for memory chips. The rally came ahead of a key week for the technology sector, with investors awaiting earnings from Alphabet and other major
Palo Alto Networks Inc. (PANW) is emerging as one of Wall Street’s preferred cybersecurity plays as concerns over increasingly powerful artificial intelligence models drive demand for security products and services. The view follows comments from International Business Machines (IBM), which said last week that enterprise customers are placing greater emphasis on cybersecurity as more advanced
US stocks closed sharply higher on Tuesday, led by a strong rebound in semiconductor shares as investors looked past geopolitical tensions in the Middle East and focused on the upcoming wave of Big Tech earnings reports. The Dow Jones Industrial Average rose 384.46 points, or 0.74%, to close at 52,223.72. The S&P 500 gained 0.86%
IREN Ltd (IREN) shares are ripping higher this morning following a significant operational update that alleviate capital expenditure concerns and boosts the firm’s long-term financial outlook. The Australian vertically integrated data center and artificial intelligence (AI) cloud company says it has signed $2.8 billion in total contract value across new multi-year cloud services contracts. Despite
ServiceNow stock has dropped and underperformed the market this year as demand for software companies waned. NOW has dropped by 32% this year and 46% in the last 12 months, erasing billions of dollars in value. Investors are now focusing on its earnings for more cues on how it is adapting to the artificial intelligence
SpaceX (SPCX) shares continued their decline on Monday, falling about 1.25% to around $122. The stock remained well below its $135 initial public offering price. The latest decline follows a sharp selloff over recent trading sessions. Shares fell 5.4% on Friday, leaving the company with a market capitalization of about $1.60 trillion, down from approximately