Tag: Finance (Page 1 of 6)

Google and Bitcoin: How the Company is Adopting Crypto?

how is Google adopting crypto?

The giant search engine Google has always entered all the significant areas. From starting social media with Orkut to entering even the live sciences field many more, it has targeted every industry the company finds fruitful.

Google has a few companies with Alphabet as its parent organization. They are estimated to acquire one company a week.

With these companies, the giant search engines make their presence felt everywhere. So is the case with the Bitcoin and crypto world, which keeps growing faster.

Now, if you look at the company, its CEO – Sundar Pichai, has claimed that they are currently exploring the domain of Bitcoin and the technology supporting the same, which includes Blockchain.

So, it is fair to claim that the company is now making inroads in the digital money domain. They have announced their investment place with increasing revenue coming up with a market capitalization of 2 trillion USD.

Pichai claimed they are now looking for Blockchain as it remains a powerful technology in the market, giving broader applications.

In addition, This URL serves the best trading experience for beginner and professional Bitcoin traders.

The Google Investment 

The announcement of Pichai worked on the way Google can help in adding value to the current technologies like the current web three innovations, which offer Blockchain solutions that they intend to support with the best solutions. The company also helps in making Blockchain based business apps only to help in their cloud computing services.

All these are now helping people to develop NFT in the market with their web platform and then play a vital role in understanding the payment option of crypto in the market. Now, Google is planning to help many more Blockchain-based businesses gain good market revenue.

The technology giants need to follow in the footsteps of many more Silicon Valley-based companies in the market that can embrace web 3 with more significant efforts to work in the leading roles for the crypto sector. Also, the invitation to leverage Blockchain technology in its way.

It may be seen going slow at the moment. But these are now working with the embraced web3 in the market with the leaders of the crypto-based domain. Also, you can find some slow initiatives in Blockchain technology that give the market a quick flow. 

We now see the company is planning to take up a couple of technology conferences, and soon they will have one in the African Arab country known as Morocco. They have started their company, which is called the bleeding edge working smoothly on the Blockchain revolution. When you were seen in the market, they came along with Satoshi Nakamoto, who went with the Blochcian-based group known as the Digital Assets Team.

The announcement came quickly, and we had their reports in the market with the group DailyFX. You can even allow much more critical traction with the competitive domain.

They said that they are now affirming the very presence of the arrival of many more regulatory systems that can give decent growth in the market. Also, the company is joined by many other groups like Microsoft, IBM, Facebook, Amazon and Goldman Sachs.

Google and Crypto 

As per reports, Google Cloud can now explore different opportunities that tend to remain in touch with customers and allow them to make crypto payments.

They have been using the bullish signal for the crypto world in the market, including BTC and ETH.

The general statement from Google is now adding a presence in the market with Google Cloud and then enjoying the complete blockchain transaction history to come along with other cryptos in the market.

These include Doge, Bitcoin, Ethereum and Bitcoin, to name a few. They have also invested in other popular crypto-based tokens.

The maker is now bouncing up, with the Bitcoin going quickly at a 4.5% rise in the market.

Similarly, ETH soared by 12.3 % in the earlier months.

The market reacted as per the bounce rate. Earlier in Jan, the giant company claimed that the crypto intention was in the market.

They get the chance to enjoy crypto transactions with proper care and professionalism.

Together they can evolve many more people in this regard. 

Wrapping up

This way, you can determine how Google plans and moves inside the crypto world.

As it moves ahead, we can expect something with their investment in the market. 

Related: How to Invest in Crypto for Beginners


Did AMC Stock Just Bottom Out?

Has AMC stock hit the bottom? Market news, stock updates + more.
Has AMC stock hit the bottom? Market news, stock updates + more.

AMC stock surged to $4.92 closing up +21.18% on Wednesday.

No major catalyst moved the stock, though trading volume did exceed almost twice its average volume of 26 million.

The movie theatre chain stock demonstrated strong bullish price action today, did AMC stock just bottom out?

Analysts at TipRanks gave AMC Entertainment stock a price forecast of $4.50 at its highest on a 12-month period but AMC blew those estimates fairly quickly.

The stock is having a bounce after it’s hit the $3.80 levels for the past few weeks.

Technical analysis shows us a break above $4.96 will take AMC stock up to retest $5.30.

#AMCSTRONG and #AMCtothemoon are trending on Twitter as shareholders rejoice from the bullish price action.

Will the movie theatre chain company be able to maintain this momentum?

Let’s discuss it.

Why is AMC Stock Going Up?

Why is AMC stock going up? Stock news, stock updates + more.
Why is AMC stock going up? Stock news, stock updates + more.

It’s very likely AMC has bottomed out and is beginning to bounce back up.

All this means is we’ve identified a key level of resistance for the movie theatre stock around $3.80-$4.00 levels.

There’s another strong demand zone around $5-$6 levels, the same ones we saw in 2021 before massive buying pressure took share prices up to $9 then $14 per share.

Analysts fail to familiarize themselves with the events, catalysts, and community that was able to drive big volume into AMC stock.

AMC stock was never meant to be a fundamental trade for the majority of retail investors, another key point that analysts fail to recognize.

Massive buying volume and the closing of short positions is all a stock needs to skyrocket to unprecedented numbers.

Of course, short interest must be high enough to fuel additional buying power.

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AMC Stock At A Glance

Out of nearly 4,000 market participants, 93% said they are or will still be holding AMC Entertainment stock in 2023.

Majority of shareholders might be down significantly, but investors continue to buy company shares that are heavily shorted.

How many retail investors are still holding AMC stock in 2023?
How many retail investors are still holding AMC stock in 2023?

AMC’s current short interest is now at 22%, per Fintel.

Heavy buying pressure took AMC’s share price from $5 to $9 and then to $14 before getting out of hand for short sellers.

Around the same time, AMC’s short interest was also at 22%.

As share prices rose to $72 per share, we saw AMC’s short interest deflate to 14% before slowly climbing back up again.

Is history about to repeat itself?

The recipe for a short squeeze is certainly there.

But investors must be warned to never invest more than they’re willing to lose.

And while shareholders are anticipating a new all-time high during the next run, it’s also important to consider creating a ‘take profit’ exit strategy.

Seeing massive gains and then letting those profits turn into losses is a hard pill to swallow for most investors.

Always have a plan.

Related: How to Buy AMC Stock (2023 Guide)

Is Now the Time to Buy AMC Stock Again?

Stock Market News by Franknez.com | Is now the time to buy AMC stock again?
Stock Market News by Franknez.com | Is AMC ready to bounce?

All signs are pointing out to an AMC bottom and shareholders aren’t leaving.

If we continue to see a bounce continuation, it could signify the movie theatre stock is making way for the next leg up.

Value investors could take advantage of any major price action that may come of it in the short term.

Otherwise, holding out for a potentially large short squeeze could prove to be rewarding in the long run.

But I’m curious to know what you think.

Is AMC on the verge of squeezing short sellers from their positions soon?

Leave your thoughts in the comment section of the blog down below.

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What is Happening with Tesla Stock Right Now?

What is happening with Tesla stock
Market News: What is happening with Tesla stock?

Tesla stock is currently trading at $112.77.

Shares are down approximately -22.66% in the past 5 trading days and -77% in the past year-to-date.

Trading volume remains healthy despite its yearly downtrend.

Majority of companies have been affected drastically by our current bear market, and Tesla shares have been no exception.

Shareholders want to know, when will Tesla stock rise again?

Let’s discuss what is happening with Tesla as a company first and then assess its probabilities.

Here are the latest Tesla news and updates.

Tesla is Currently Headed Towards its Worst Year

Tesla (TSLA) is currently headed towards its worst month, quarter, and year on record.

Investors continued to sell shares on Tuesday as we saw a drop of more than -8%.

But much of Tesla’s drop in production is out of the company’s control.

The latest drop comes after the Wall Street Journal reported that Tesla will continue a week-long production halt at its Shanghai facility, facing a fresh onslaught of Covid cases within its Chinese workforce.

Tesla Stock Price Today | Latest Tesla news and updates.
Tesla Stock Price Today | Latest Tesla news and updates.

Tesla shares have fallen over 70% from their record high in November 2021.

The stock is down over 68% in 2022, roughly double the decline in the Nasdaq.

Among major car makers, Ford is down 45% and General Motors has fallen 43%.

Last week, Tesla expanded discounts in North America for buyers of Model 3 and Model Y electric vehicles.

Those discounts came after the automaker offered incentives in mainland China for December auto sales earlier this month.

Elon Musk Sells Tesla Stock

Business News: Elon Musk Sells Tesla Stock.
Business News: Elon Musk Sells Tesla Stock.

Elon Musk’s newly acquired company Twitter has been losing money after several companies paused or suspended advertising on the social media platform.

In this SEC filing, we see the Tesla CEO has sold approximately 22 million shares equivalent to around $3.6 billion.

After the massive selloff, Elon said during a Twitter space call that he will not sell any Tesla shares for about two years.

The Tesla CEO said that he foresees a serious recession in 2023 and needed to prepare for a worst-case scenario.

But Elon Musk isn’t the only one predicting a recession going into the new year.

Both Bank of America and Wells Fargo CEOs are predicting a recession to hit the United States by the first quarter of 2023.

Based on these predictions, there’s a strong probability we will not be seeing shares of Tesla rise again until we enter another bull market or see signs of a bear market coming to an end.

But I’m curious to know your thoughts on what is happening with Tesla stock.

Leave your thoughts below.

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Why Aren’t Our Finances Where We Want Them to Be?

financial crisis, financial setback

We’re starting a clean slate for the new year, and our finances are not where we thought they would be.

This applies to TWO kinds of people.

Maybe you slacked off, could have tried harder, or faced a year of nonstop setbacks which affected your finances deeply.

Or perhaps you had a great year but aren’t satisfied with your results due to your ambitious characteristics.

In this article, I want to zoom out and bring into perspective what is holding us back from reaching our financial goals.

And how sometimes these financial setbacks are actually part of a big financial setup for a financial breakthrough.

Let’s get started.

What to Do If Your Income Decreased?

If your income decreased, you need to first identify why it decreased.

Did your job cut hours? Lose a job? Did your business revenue drop?

Or did you take more days off this year? Were you distracted by things that took your time away from being productive?

These are all very real scenarios that we as human beings experience in life.

The incredible thing is that no matter what you identified as being the problem, there’s an actual solution to it.

For example:

If your job cut your hours or let you go, what could you have done outside your comfort zone to fill in those hours or get back in the game?

Could you perhaps have started a side hustle or looked for a part-time?

Absolutely.

If your business revenue dropped, identify why it dropped with full accountability.

Did demand drop? If so, what new systems can you put in place to offset any uncontrolled losses?

Or were you distracted? Which distractions took valuable time away from you?

We Failed to Step Outside Our Comfort Zone

Often times when we aren’t living the lives we hope to live, it’s because we continuously fail to step outside of our comfort zone.

Stepping outside our comfort zone, while painful and even challenging in most cases, forces us to do things differently.

It forces us to push forward when it gets tough.

And it helps us build the required discipline to excel to higher heights.

But what if you did step outside your comfort zone and you lost a lot of money?

The answer to this question has to do with risk management.

At some point in life, we will be forced to face the consequences of lacking a proper risk management system.

Whether you invested a lot of money in the stock market, real estate, in a business, or in self-developing skills, proper risk management is what will save you from going to $0.

See, whether you lost a lot of money, went to $0, or even negative doesn’t matter.

It’s what you learn from these experiences that matters.

Unfortunately, we don’t have mentors that teach us this about life and finances; it’s really all just a learning game.

Why Your Financial Setback is Actually a Financial Setup

financial setback
Why aren’t our finances where we want them to be?

You could have had a great financial year and still view it as a setback compared to previous years.

How we view a financial setback is completely tailored to each individual.

Someone’s setback might be someone’s dream or goal.

Perhaps your setback is setting you up to start somewhere new, or something new.

A setback isn’t the end of the world, but rather the beginning of a new one.

And if you’re able to fearlessly conquer adversity every time it shows, each setback, even as you feel you’re falling, will only be a step back in a much higher staircase than you once previously were.

You will look back and see how much you’ve grown; despite what new adversity you face today.

The only solution to move forward and to move beyond the pain, is yours to discover.

Also Read: 5 Easy Ways You Can Earn Leveraged Income

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What a Reverse Stock Split Usually Signifies About a Company

what does a reverse stock split signify about a company

What does a reverse stock split usually signify about a company?

According to Investopedia, a reverse stock split may signify a company is in distress since it raises the value of otherwise low-priced shares.

A reverse stock split is a strategy corporations may take in order to stay relevant and avoid being delisted.

It does not directly impact the value of the company, only its stock price.

Depending on market developments and situations, companies can take several actions at the corporate level that may impact their capital structure.

One of these is a reverse stock split, where existing shares of corporate stock merge to create a smaller number of proportionally more valuable shares.

Since companies don’t create any value by decreasing the number of shares, the price per share increases proportionally.

Despite the strategy having a negative connotation, there are a few advantages behind a reverse stock split.

Prevents Major Stock Exchange Removal

When a company’s stock tumbles extremely low, they face the consequence of being delisted.

A reverse stock split puts a company in a ‘safe zone’ by raising its share price through the merge of various shares without necessarily increasing its value.

An exchange typically specifies a minimum bid price for a stock to be listed.

If the stock falls below this bid price and remains lower than that threshold level over a certain period, it risks being delisted from the exchange.

This strategy buys company’s time to pivot as they assess what areas need to be worked on.

A Reverse Stock Split May Attract Bigger Investors

One of the positives of a reverse stock split is that it may attract big investors who wouldn’t otherwise invest in ‘penny stocks’.

A penny stock refers to a small company’s stock that typically trades for less than $5 per share.

Some institutions have policies that prohibit them from taking positions in company’s whose price is below a specific value.

Generally, a reverse stock split is not perceived positively by market participants.

It indicates that the stock price has gone to the bottom and that the company management is attempting to inflate the prices artificially.

Additionally, the liquidity of the stock may also take a toll with the number of shares getting reduced in the open market.

While a reverse stock split may increase a company’s share price, market participants may experience drawdown due to lack of liquidity and demand at higher share prices.

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Related: What an AMC 1-for-10 Reverse Stock Split Means for Shareholders


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