Category: Markets

Two Ethereum (CRYPTO: ETH) whale investors, inactive for six years, were suspected of booking hundreds of millions in profits by selling the second-largest cryptocurrency just before the big market crash on Sunday. What Happened: The two wallets deposited 135,548 ETH, worth $399 million, to cryptocurrency exchange Bitfinex eight hours before the overnight crash, according to on-chain tracker…

January was a month of significant development in the cryptocurrency space. A meme coin directly linked to the president of the U.S. was launched and quickly became a big talking point worldwide, running into billions of dollars in capitalization on the way. However, despite the frenzy and impressive returns, the Official Trump coin was not…

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better…

U.S. stocks settled lower, as the S&P 500 recorded losses after hitting fresh records on Friday. All three major indices recorded their second consecutive positive week, with the S&P 500 and Nasdaq each gaining around 1.7% last week, while the Dow gained 2.2%. Wall Street analysts make new stock picks on a daily basis. Unfortunately…

Intuitive Surgical Inc (NASDAQ:ISRG) reported better-than-expected financial results for the fourth quarter after the market close on Thursday. Intuitive Surgical reported fourth-quarter revenue of $2.41 billion, beating the consensus estimate of $2.25 billion. The robotic-assisted surgery company reported fourth-quarter adjusted earnings of $2.21 per share, beating analyst estimates of $1.79 per share, according to Benzinga…

General Motors Company (NYSE:GM) will release its fourth-quarter financial results, after the closing bell, on Tuesday, Jan. 28, 2025. Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 billion, compared to $42.98 billion a…

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. B of A Securities raised the price target for Netflix, Inc. (NASDAQ:NFLX) from $1,000 to $1,175. B of A Securities analyst Jessica Reif Ehrlich maintained…

President-elect Donald Trump’s official meme coin plunged sharply Sunday evening, coinciding with the launch of another token launched by Melania Trump. What happened: The OFFICIAL TRUMP token crashed nearly 36% from $73 to $46 late Sunday evening, wiping out nearly $5 billion worth of market capitalization, according to data from DEX Screener. The dump followed…

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through…