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  • Aug 16, 2024

Tech Rally Propels Emerging Stocks to Best Week in Four Months

(Bloomberg) -- Emerging-market stocks rallied as traders grew optimistic that the US economy will be able to avoid a recession while expecting the Federal Reserve to start cutting interest rates next month, which should provide a fresh boost to risk assets.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for So

  • Aug 16, 2024

Nvidia Stock (NASDAQ:NVDA): The AI Boom Isn’t Over Yet

Nvidia (NVDA) has been a top-performing stock for several years, but the AI boom put this chip stock into the spotlight in 2023. Triple-digit year-over-year revenue growth became a regular occurrence each quarter and remains that way today. Some investors may be nervous about a bubble since Nvidia has gained so much, but I remain bullish on this stock and the AI opportunity. That’s because Nvidia is outpacing its competition, capitalizing on the industry’s explosive growth, and continuously inno

  • Aug 16, 2024

Bitcoin rises 5.17% to $59,609

Bitcoin, the world's biggest and best-known cryptocurrency, rose 5.17% to $59,609 at 2013 GMT on Friday. Bitcoin, the world's biggest and best-known cryptocurrency, is up 54.8% from the year's low of $38,505 on January 23.

  • Aug 16, 2024

Emergent Leads Mpox-Tied Stock Gains as Investors Await Approval

(Bloomberg) -- Emergent BioSolutions Inc. led an advance in the stocks of companies working on vaccines and antiviral products this week as investors await word from US regulators on if its smallpox vaccine can also be used for the fast-spreading mpox virus. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for

  • Aug 16, 2024

Big Tech Rout Turns to Dip-Buyer Bounty as Stocks Surge Back

(Bloomberg) -- It looked like a reckoning was arriving on August 5, when the Nasdaq 100 tumbled over 5% in the seconds after the opening bell, validating fears that a tech bubble was about to burst. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publi

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