Nestlé S.A. is evaluated among the top cookies and crackers stocks as the global market, valued at $100.2 billion in 2023, is projected to grow to $122.45 billion by 2030, driven by North America and rapid expansion in Asia Pacific. Despite economic pressures, snacking remains a resilient category, with consumers maintaining spending habits. Meanwhile, Mondelēz International's potential acquisition of Hershey could reshape the confectionery landscape, competing with Mars' upcoming merger with Kellanova.
Investors who avoided the stock market in 2024 faced significant losses, as evidenced by three hypothetical portfolios. While the S&P 500's forward P/E ratio reached 22.2, indicating potential corrections ahead, a balanced investment strategy is crucial. Investors should focus on valuations and consider a slower investment pace to capitalize on future market corrections.
The reelection of Donald Trump in 2024 has sparked discussions about establishing a strategic Bitcoin reserve in the U.S. CryptoQuant CEO Ki Young Ju suggests that acquiring 1 million BTC by 2050 could reduce domestic debt by 36%. While challenges exist, this move could enhance Bitcoin's legitimacy as a national asset.
Dogecoin (DOGE) has seen a significant decline of over 30% from its yearly high of $0.48, with bearish signals indicating a potential drop below $0.20. The formation of a "Death Cross" on the DOGE/USD chart and bearish readings from the Super Trend Indicator suggest ongoing downward momentum. Currently trading below $0.33, DOGE faces critical support levels at $0.28 and $0.23, with a risk of slipping to $0.17 if selling pressure continues.
Solana (SOL) has experienced a significant decline, dropping below $200 for the first time in over a month, currently trading around $180 after a 6% drop in 24 hours and nearly 17% over the week. Despite the bearish trend, analyst Ali Martinez suggests a potential rebound, noting that SOL is testing a key support zone between $188 and $179, which previously served as resistance. Indicators like the Relative Strength Index (RSI) and stochastic RSI indicate oversold conditions, hinting at a possible price reversal.
Solana (SOL) has experienced a significant decline, falling below $200 for the first time in over a month, currently trading around $180. Despite this downturn, analyst Ali Martinez suggests a potential rebound, noting that the price is testing a key support zone between $188 and $179, which has historically acted as a significant resistance level. Additionally, indicators like the Relative Strength Index (RSI) and stochastic RSI are signaling oversold conditions, hinting at a possible reversal in price trends.
Hong Kong is solidifying its status as a global crypto hub, with a remarkable 85.6% increase in transaction volumes year-over-year, despite retail adoption remaining at 24%. The Securities and Futures Commission (SFC) has accelerated licensing for virtual asset trading platforms (VATPs), now totaling seven, while the Hong Kong Monetary Authority (HKMA) is spearheading initiatives like Project Ensemble to integrate digital assets into traditional finance. These efforts aim to enhance investor protection and foster a stable yet innovative digital asset ecosystem.
Bitcoin's price has sharply declined from a recent high of over $108,000, dropping to around $92,000 before recovering slightly to just under $96,000. This downturn has significantly impacted altcoins, with major losses reported for SOL, DOGE, ADA, and others, contributing to a $100 billion drop in the total crypto market cap, now at $3.460 trillion.
Crypto.com has extended its partnership with Formula 1 until 2030, enhancing its role as the official crypto and NFT partner. This collaboration includes sponsorship of the Miami Grand Prix and aims to promote blockchain visibility and crypto adoption among F1's global audience of 750 million fans. The partnership reflects a strategic alignment with the sport's growth and Crypto.com's commitment to integrating blockchain technology into the F1 ecosystem.
Amid a turbulent crypto market, Solana (SOL) demonstrates resilience, despite a recent 17.13% drop. Key indicators, including a moderate MVRV ratio and impressive daily net flows of $776 million, suggest strong investor confidence and potential for future growth. With a remarkable 2,143% recovery since November 2022, Solana remains a strategic opportunity, though caution is advised as it navigates a volatile landscape.
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