By Luc Cohen NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty...
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(This Dec. 23 story has been corrected to fix the spelling of 'Jonah Crane' in paragraphs 15 and 18) By Hannah Lang (Reuters) - The cryptocurrency industry is pushing...
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U.Today - Adam Back, a big figure in the world of cryptography and blockchain, recently shared something interesting: He did not own any Bitcoin (BTC) until 2013. Famous for...
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Meme coins, once dismissed as internet jokes, turned out to be some of the biggest winners of the 2024/2025 bull run, fundamentally changing how digital assets are valued and...
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Broke out of the sharp downtrend. Seasonality is at our side, too. Buy now or after another confirmation at your discretion. Place Stop wisely... Peace!
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Technical Analysis: ================ A series of higher highs and higher lows in Weekly Timeframe: NVIDIA has found support at $132, which previously acted as a resistance area during June, July, and August 24. If the stock continues to rise from this level, we could see another higher high (yellow cap) around $165. Alternatively, a deeper correction toward $104 could still be on the table if the support fails. Fundamental Analysis: ================== 1) If NVIDIA struggles, it would suggest AI's momentum is waning—which is clearly not the case. This downtrend might simply reflect profit-taking by large traders. 2) The "Santa Rally" is in play, and NVIDIA appears to be on the "nice" list, signaling potential upward momentum. 3) NVIDIA's Blackwell product line is expected to contribute significantly to profits in the next quarterly earnings, potentially providing a substantial boost to the stock. I bought NVIDIA stock at $145 and plan to hold sell at $160.
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Target: 129 Run: ATH Trade compound: $85 - $76 Info; Nestled in the heart of the semiconductor industry, Micron Technology Inc. has carved out a discerning path marked by innovation and resilience. Founded in 1978, Micron has methodically grown its footprint to become a leading producer of memory and storage solutions. It primarily manufactures DRAM, NAND, and NOR memory, vital components in a multitude of digital devices and data centers that fuel the modern economy. These components are essential for everything from personal computing and smartphones to the vast expanses of cloud infrastructure, making Micron an integral player in technological advancement. The company's steady march forward is buoyed by its deep investments in research and development, enabling it to stay at the forefront of industry trends and consumer demands. The mechanics of Micron's business are predicated on its ability to efficiently produce and distribute these high-precision memory solutions across global markets. The company earns its revenue by providing these components to a diverse array of end markets, including automotive, mobile, and enterprise sectors. This diversity acts as a buffer against volatility in any single market segment, illustrating a strategy that echoes the prudent philosophies of economic moats and competitive advantages. Micron’s operational prowess is also characterized by its strategic partnerships and alliances, which bolster its supply chain and technological capabilities. As data becomes the new oil, Micron's role in supporting advanced computing applications, artificial intelligence, and increasingly data-centric industries places it on a promising trajectory in the digital age. Micron Technology Inc. maintains several unique competitive advantages that distinguish it from its rivals in the semiconductor industry: Intellectual Property and Technological Innovation: Micron is known for its strong portfolio of patents and consistent innovation in memory and storage solutions. They have a robust R&D program that allows them to frequently bring advanced technologies to market. Vertical Integration: Micron benefits from vertical integration, allowing them to control various stages of production, from design to manufacturing. This integration helps optimize costs, enhance quality control, and ensure a steady supply of key components. Product Portfolio Diversity: Micron offers a diverse range of products, including DRAM, NAND, and NOR memory technologies. This variety helps cater to different market needs and provides resilience against market fluctuations in specific product lines. Advanced Manufacturing Facilities: Micron has state-of-the-art manufacturing facilities often coupled with strategic partnerships, which enable them to produce cutting-edge technology efficiently. This also facilitates rapid scaling of production to meet demand. Strategic Partnerships and Collaborations: Through alliances with other technology companies and research institutions, Micron accelerates innovation and gains access to new technologies and markets. These collaborations can provide competitive access to emerging trends and pathways. Strong Customer Relationships: With extensive experience and expertise, Micron has built strong relationships with leading technology firms across various sectors such as consumer electronics, automotive, data centers, and mobile devices. These partnerships provide stable revenue streams and insights into market needs. Fundamentals: The intrinsic value of one MU stock under the Base Case scenario is 129.52 USD. Compared to the current market price of 86.36 USD, Micron Technology Inc is Undervalued by 33%. Wall Street Target: $133.61 Estimates Growth: 23% in 2025 Operating Income Forcase: From 1B to 12B in 2025 Net Income: 2025 estimated 10B Solvency Score: 70/100 Current shareholder yield for MU is -1.02%. During the last 12 months Micron Technology Inc insiders have not bought any shares, and sold 46m USD worth of shares. The last transaction was made on Dec 20, 2024 by Arnzen April S , who sold 416.7k USD worth of MU shares. Technicals: Weekly: Overall negative (short-term positive) Daily: Strongly positive 4h: slightly positive 30min: Bullish
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Dubai, United Arab Emirates, January 2nd, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of the...
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U.Today - The Shiba Inu community has made another successful effort at burning SHIB meme coins, pushing the burn rate up significantly. In the meantime, the price of the second...
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Whole team wins on another steady uptrend 🙌 RGTI There's nothing better than everyone getting in on the action and profit Keep those Santa gifts coming all month long 🎅🎁
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U.Today - Robert Kiyosaki, the renowned financial guru and the author of the best-selling book on funds management “Rich Dad Poor Dad,” has published a tweet about...
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Wilmington, USA, January 2nd, 2025, Chainwire Silencio Network, the world’s largest noise intelligence platform, has set a historic benchmark for the Web3 and Decentralized...
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U.Today - Since its peak in November, Bitcoin's trading volume has drastically decreased with current volume levels falling by about 97%. Bitcoin has seen a slight increase in...
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-- The Bitcoin market appears poised for a surge in 2025, with H.C. Wainwright projected the cryptocurrency’s price to reach an astonishing $225,000 per coin by the...
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Dubai, United Arab Emirates, January 2nd, 2025, Chainwire Pump AI aims to be a major driving force for adopting Meteora via its advanced AI-powered token generation ecosystem. The...
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