{ }
Symbol AAPL
Name Apple Inc.
Currency USD
Sector Information Technology
IndustryGroup Technology Hardware & Equipment
Industry Electronic Equipment, Instruments & Components
Market NASDAQ Global Select
Country United States
State CA
City Cupertino
Zipcode 95014
Website http://www.apple.com
Shares dipped 0.7% early Tuesday, with Nvidia and Tesla making headlines. Nvidia fell 1.8% in premarket trading after hitting a sell signal, while Tesla surged 2.6% following an upgrade from Mizuho, reaching new highs.The Dow Jones futures dropped 0.5% as retail sales exceeded expectations, and the Federal Reserve's policy meeting began, with a high probability of a rate cut. Notable stocks to watch include BlackRock, IBM, and Manhattan Associates, with IBM nearing a buy point.
The Income Tax Appellate Tribunal in Jodhpur has ruled that profits from crypto sales before April 1, 2022, are to be classified as long-term capital gains, allowing for lower tax rates and deductions. This decision clarifies the tax treatment of digital assets, aligning it with international standards and providing a precedent for taxpayers. The ruling emphasizes that cryptocurrencies are considered property under the Income Tax Act, benefiting early adopters who faced ambiguity in tax obligations.
The stock market currently presents a complex contradiction, raising questions about its trajectory into 2025. Investors are advised to stay informed about key developments that could impact market dynamics in the near future.
Wall Street is experiencing a widening divergence between growth and value stocks, with the Nasdaq 100 hitting a record high while the Dow Jones faces its eighth consecutive loss. As the Federal Reserve meeting approaches, market participants are cautious, anticipating a potential 'hawkish cut' that could influence future rate adjustments amid ongoing inflation concerns.Sector performance indicates a strong preference for growth stocks, highlighted by significant gains in tech giants like Alphabet, Tesla, and Broadcom, while the S&P 500 remains in a near-term range. The ratio of value to growth stocks is at its lowest since January 2022, reflecting this trend.
IG
Fintopio is revolutionizing Web3 adoption by merging centralized and decentralized finance through its versatile wallet and payment platform. With the upcoming HOLD token, users gain fee reductions, governance rights, and access to gamified engagement, fostering an inclusive financial ecosystem. The platform's multi-channel accessibility, including Telegram, iOS, Android, and web, ensures that users from all backgrounds can easily navigate the digital finance landscape.
Market analyst Javon Marks predicts a significant bullish cycle for Dogecoin, targeting a surge of 653% to $3, following its recent struggles to break the $0.42 resistance. Despite a recent correction to $0.36537, analysts remain optimistic, with some speculating potential highs of $7.20 and $15. Currently, Dogecoin trades at $0.398, down 2.6% over the past week.
5.8 billion dormant Dogecoin (DOGE) tokens have reactivated, coinciding with a significant increase in the Age Consumed metric, indicating a surge in long-inactive coins being transferred. This spike in activity, which saw daily circulation jump from 1.67 billion to 5.8 billion tokens, may signal whale profit-taking or market anticipation.Historically, such reactivations have preceded notable price movements, suggesting a potential rally for DOGE as Bitcoin stabilizes after reaching around $107,800. Analysts predict a bullish trajectory for DOGE, with targets ranging from $0.48 to $3 in the near future.
Donald Trump has announced a bold plan to eliminate 10 regulations for every new one introduced, aiming to stimulate job growth and economic innovation. His administration is set to create a more crypto-friendly environment, with key appointments like Paul Atkins as SEC Chair and a focus on establishing a strategic bitcoin reserve. Additionally, Trump has appointed Elon Musk and Vivek Ramaswamy to lead the newly formed Department of Government Efficiency, tasked with cutting regulations and reducing federal spending.
Market analyst Crypto Bitlord has set an ambitious price target of $589 for XRP, arguing that current predictions of $6 are too conservative. While XRP has surged significantly in the ongoing bull market, some analysts, like Tony Edwards, dismiss the $589 target as unrealistic, suggesting a more conservative range of $5 to $8. XRP has notably outperformed other cryptocurrencies, rising 370% since Donald Trump's election victory.
Stock futures are flat following the Dow's longest losing streak since 2018, dipping 60 points or 0.1%. The Dow fell for the eighth consecutive day, while the Nasdaq Composite reached a new intraday high. Traders are anticipating a 95% chance of a quarter-point rate cut from the Federal Reserve at its upcoming meeting, with concerns about potential tariffs under the new administration looming as a significant worry for 2025.
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