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Stocks Settle Higher on Expectations for US Apr CPI to Moderate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. US stock indexes on Tuesday settled moderately higher, with the S&P 500 posting a...

Stocks Settle Higher on Expectations for US Apr CPI to Moderate 2024/05/14 18:15

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How much is Bitcoin worth today?

Bitcoin is worth around $43,850 today, with its price consolidating ahead of the key spot ETF decision in the U.S.

Bitcoin's (BTC) price has been intensely scrutinized as investors and analysts watch for signs of its next major move.

As of Jan. 5, BTC's price was stabilizing around $43,850 after a 4.75% drop from its local high, suggesting a cautious market awaiting decisive moves.

The drop appeared amid rumors of U.S. regulators rejecting a round of spot exchange-traded fund (ETF) applications, which have been a critical point of focus for the crypto community.

Read more


How much is Bitcoin worth today? 2024/01/05 07:46

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Stocks Settle Higher on Expectations for US Apr CPI to Moderate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. US stock indexes on Tuesday settled moderately higher, with the S&P 500 posting a...

Stocks Settle Higher on Expectations for US Apr CPI to Moderate 2024/05/14 18:15

AFLAC Named Top Dividend Stock With Insider Buying and 2.33% Yield (AFL)

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of

AFLAC Named Top Dividend Stock With Insider Buying and 2.33% Yield (AFL) 2024/05/14 17:27

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Apple Releases IOS 17.5 With New Features

(RTTNews) - Apple Inc. (AAPL) has rolled out the latest version of its iOS operating system, iOS 17.5, bringing a host of new features for iPhone users, with a focus on improvements for users in the European Union.

Apple Releases IOS 17.5 With New Features 2024/05/14 15:31

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3 Growth Stocks Under $200 to Buy and Hold Forever

Even a small investment in the right stocks can result in significant wealth over time.

3 Growth Stocks Under $200 to Buy and Hold Forever 2024/05/14 16:45

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See Which Of The Latest 13F Filers Holds Ford Motor

At Holdings Channel, we have reviewed the latest batch of the 53 most recent 13F filings for the 03/31/2024 reporting period, and noticed that Ford Motor Co. (Symbol: F) was held by 18 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good ide

See Which Of The Latest 13F Filers Holds Ford Motor 2024/05/14 09:44

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Stocks Settle Higher on Expectations for US Apr CPI to Moderate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. US stock indexes on Tuesday settled moderately higher, with the S&P 500 posting a...

Stocks Settle Higher on Expectations for US Apr CPI to Moderate 2024/05/14 18:15

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Netflix (NFLX) Releases the Trailer of Its Latest Japanese Film

Netflix NFLX recently released the trailer of its upcoming Japanese movie, Drawing Closer. The newly released trailer delves deep into the story of Akito and Haruna. The protagonists suffer from terminal illness. With just a year

Netflix (NFLX) Releases the Trailer of Its Latest Japanese Film 2024/05/14 11:53

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OpenAI Unveils GPT-4o and New Features at Spring Update Event

OpenAI hosted its highly anticipated Spring Update event on Monday (May 13), with Chief Technology Officer Mira Murati showcasing “magical” updates to the company’s artificial intelligence (AI) technology, including a new ChatGPT desktop app for MacOS and a new simplified user interface on the desktop version.However, the main event was the launch of GPT-4o, OpenAI’s newest and most human-like model, featuring improved personalized responsiveness and contextual awareness. “GPT-4o provides GPT-4 intelligence, but it is much faster, and it improves on its capabilities across text, vision and audio,” said Murati during the live webcast.“For the past couple of years, we have been very focused on improving the intelligence of this model, and they have gotten pretty good. But this is the first time that we are really making a huge step forward when it comes to ease of use. This is incredibly important because we are looking at the future of interaction between ourselves and the machines," she continued. “We think that GPT-4o is really shifting the paradigm into the future of collaboration."During the event, Murati was joined on stage by OpenAI research leaders Mark Chen and Barret Zoph, who presented the latest features and improvements for ChatGPT. One key advancement was in real-time conversational speech, an improvement over Voice Mode. This new feature allows users to interrupt the model during conversations. Additionally, the response time of the model is now significantly faster, and the researchers demonstrated its ability to detect emotions in speech and generate a broader range of emotional responses. This was achieved by asking ChatGPT to tell a story to the audience while periodically interrupting it to ask for a change in tone.The demonstration also showcased ChatGPT’s vision capabilities, allowing users to interact with the model in real-time video conversation. The team demonstrated how ChatGPT can help users learn how to solve linear equations by “looking” at a live image of a simple math problem and walking them through how to solve it. The crew then upped the ante by sharing some code with ChatGPT’s Voice Mode via the desktop app. While ChatGPT wasn’t able to “see” the code, it could interpret what the code was requesting. The researchers then ran the code and “showed” ChatGPT the results using its vision capabilities and asked it to describe what it saw. ChatGPT was able to give precise information regarding weather patterns displayed on a graph and answered specific questions such as which months were the hottest and whether the temperature was shown in degrees Celsius or Fahrenheit. To wrap up, the team demonstrated some of ChatGPT’s most advanced skills, namely the ability to detect emotions by “looking” at a user's facial expressions and translating an English/Italian conversation in real time. The Spring Update event demonstrates OpenAI’s continued progress in creating cutting-edge AI technology and the immense potential of human-machine collaboration. GPT-4o will be incrementally integrated into OpenAI’s existing products over the next few weeks. The features demonstrated have already been made available, and users can expect more to come as the rollout progresses.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

OpenAI Unveils GPT-4o and New Features at Spring Update Event 2024/05/13 15:25

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Top 10 Cryptocurrencies in 2024

Cryptocurrencies have become an appealing opportunity for investors with medium to high risk tolerance. They are largely speculative, but emerging markets and new use cases are helping to realize their full utility.The crypto market is no stranger to intense volatility, making it a risky investment that can work for or against your portfolio. However, you can minimize risk by sticking to the top cryptocurrencies that have earned their place.There are over 9,800 cryptocurrencies, and a good starting point is those with the highest market caps. In fact, research from Statista shows that the top 20 cryptocurrencies make up approximately 90 percent of the sector's total market cap.The list below offers a look at the top 10 cryptocurrencies by market cap as of May 6, 2024, using data from CoinMarketCap.com. You’ll learn why they’re appealing, the important people associated with them and when they were created. For reference, market cap is a better statistic to focus on than price when it comes to cryptocurrencies because each coin has different mechanics behind it. Bitcoin, for example, has a maximum amount of 21 million coins that will ever exist, while Ethereum has no maximum amount. 1. Bitcoin Market cap: US$1.25 billionBitcoin is the original cryptocurrency that launched the entire asset class. The anonymous creator, Satoshi Nakamoto, made the software open source, allowing others to create new cryptocurrencies without reinventing the wheel.The Bitcoin price has gone from near zero at its inception to an all-time high of more than US$73,000 in March.Created: 2008Important people: Satoshi Nakamoto, the unknown and anonymous founder who stepped away from the project in its early years, is the prominent name behind Bitcoin. The Bitcoin Foundation now guides development alongside an open-source community of developers.Why it’s popular: The core innovation behind Bitcoin is the ability to conduct transactions without a trusted third party, such as a bank or central entity. Since then, it’s exploded in popularity as a store of value and a means of transacting in a peer-to-peer nature.Maximum supply: 21 million 2. Ethereum Market cap: US$369.7 billionEthereum was announced in 2013 and became publicly available in 2014. Ethereum introduced the new concept of "smart contracts," which allow programs to be deployed on the blockchain and executed when certain conditions are met. This innovation catalyzed a series of other new cryptocurrencies and use cases.A theorized point called "the flippening" describes when Ethereum will overtake Bitcoin in market cap and become the top crypto coin. This change has yet to happen and is up for debate, but many crypto enthusiasts think it's inevitable. Now that spot Bitcoin exchange-traded funds (ETFs) have received approval from the US Securities and Exchange Commission (SEC), investors are hopeful that spot Ether ETFs will be next. Eight institutions are awaiting SEC approval for spot Ether ETFs: BlackRock, VanEck, ARK 21Shares, Grayscale, Fidelity, Invesco, Galaxy Digital and Franklin Templeton. Created: 2014Important people: Vitalik Buterin developed Ethereum and remains involved with the project and the crypto community. Five other developers are credited as co-founders. The Ethereum Foundation guides development.Why it’s popular: The introduction of smart contracts launched an entirely new era for cryptocurrencies and paved the way for non-fungible tokens. New use cases continue to emerge as adoption increases.Maximum supply: No maximum 3. Tether Market cap: US$110.9 billionTether, or USDT, is the most prominent stablecoin on the market. A stablecoin is pegged to a specific asset to maintain its value. Tether is pegged to the US dollar and maintains a consistent value of US$1, although it can vary by a few cents as markets fluctuate.Created: 2014, known initially as RealcoinImportant people: Brock Pierce, Reven Collins and Craig Sellars.Why it’s popular: USDT works by allocating US dollars to the organization's reserves whenever a new USDT coin is issued. This system results in a cryptocurrency backed by fiat currency, which many investors appreciate as a foundation for their portfolio. While its value will not change, USDT is ideal for financial transactions in which neither party wants the volatility of other coins. Evidence of USDT's popularity was on display in its record net profits of over US$4.5 billion in Q1 of this year. Maximum supply: No maximum 4. BNB Market cap: US$86.79 billionBNB is a cryptocurrency developed and maintained by Binance, one of the most popular cryptocurrency exchanges in the world. The BNB coin is used throughout the Binance ecosystem, including the exchange itself and other Binance projects, which gives the coin a strong use case and user base.Created: 2017Important people: Changpeng Zhao, founder of Binance, and He Yi spearheaded the development of BNB and integrated it into the Binance exchange. Zhao was recently sentenced to four months in a US prison for violating the Bank Secrecy Act for failure to establish procedures to prevent illegal trading and money laundering on the platform.Why it’s popular: BNB gained momentum as Binance users could opt to pay fees with BNB in exchange for lower percentages on trade fees. This remains the core use case of the coin, but the introduction of smart contracts and related features have helped it gain additional popularity.Maximum supply: No maximum ​5. Solana Market cap: US$68.5 billionSolana (SOL) uses proof-of-stake and proof-of-history mechanisms to provide smart contract functionality, transaction settlement and token issuance. As with Ethereum, the plan is to grow an ecosystem of cryptocurrency-powered products and services. Created: 2020 Important people: Solana Labs founders Anatoly Yakovenko and Raj Gokal. Why it’s popular: SOL is a cheaper option to older blockchains, and transactions can be completed at a faster rate as well. The Solana ecosystem’s many applications and tools provide a lot of utility for coin holders, including the ability to lend tokens to a liquidity pool. It also has a thriving developer community that has given rise to many memecoins.Maximum supply: No maximum 6. USD Coin Market cap: US$33.51 billionUSD Coin, or USDC, is the second most popular stablecoin, and it operates similarly to USDT. The coin is supported by major players in the crypto industry who continually advocate for transparency and compliance.Created: 2018Important people: Jeremy Allaire and Sean Neville launched USDC, and it was later adopted by major players Coinbase and Circle.Why it’s popular: USDC is prized over other stablecoins for its transparency. Coinbase and Circle, two organizations heavily involved in the coin, are leaders in compliance and advocate for crypto regulation.Maximum supply: No maximum 7. XRP Market cap: US$29.4 billionXRP is the native token of the Ripple platform. XRP was created as a more energy-efficient and faster alternative to Bitcoin. The company has been locked in a legal battle with the SEC about whether or not it is a security, which has impacted the coin's popularity and future. However, it remains in the top 10.Created: 2012Important people: Jed McCaleb and Arthur Britto co-founded the coin in association with their company, Ripple.Why it’s popular: XRP and Ripple gained popularity by being much faster and cheaper than Bitcoin for conducting transactions. However, whether that advantage has remained relevant is arguable as newer coins have emerged that provide similar benefits with additional functionality.Maximum supply: No maximum 8. Dogecoin Market cap: US$22.63 billionDogecoin is interesting in that it is functionally the same as Bitcoin, with the only difference being the removal of a maximum supply. The coin was originally launched as a memecoin, i.e. a joke, leveraging the then-popular meme of a Shiba Inu with grammatically incorrect captions. It was designed to be a low-value, high-supply coin for community uses.The coin remained relatively obscure until Elon Musk began tweeting about it, beginning boom-bust cycles powered primarily by Musk’s tweets and other public statements. Its latest big bump came in early May, with Tesla's (NASDAQ:TSLA) announcement that Dogecoin is now a payment option on its website. Created: 2013Important people: Musk, while having nothing to do with the initial development of the coin, adopted it for unknown reasons and began promoting it. His interest catalyzed a significant increase in value and gave new life to the dying memecoin. The actual founders are Billy Markus and core developer Max Keller, who returned to the project in its recent resurgence.Why it’s popular: Musk, memes and theorized widespread usage.Maximum supply: No maximum ​9. Toncoin Market cap: US$20.57 billionToncoin (TON) was originally created as part of Telegram’s blockchain project known as Telegram Open Network. The goal of TON is to build out a fast, scalable blockchain that allows for smart contracts and decentralized applications. It is used for network operations, transactions, games or collectibles built on the platform.Created: 2018Important people: Telegram founders Pavel Durov and Nikolia Durov. Revived by Anatoly Yakovenko and Kirill Emelyanenko.Why it’s popular: TON is able to leverage Telegram’s more than 900 million monthly active users, as well as its channels that generate more than 1 trillion views each month. In February, Telegram announced that it plans to share advertising revenue with channel partners and reward users with Toncoin.Maximum supply: 5.11 billion 10. Cardano Market cap: US$16.29 billionCardano, or ADA, prioritizes scientifically backed development. Rather than rushing new features and intense marketing campaigns, developers conduct peer-reviewed research before implementing new features.Some believe Cardano is a long-term winner, while others criticize its slow development process. Ultimately, Cardano is the only top coin with a well-documented and strict development process that gives confidence in its long-term success.Created: 2017Important people: Founded by Charles Hoskinson, a mathematician, and maintained by a series of scientifically driven foundations.Why it’s popular: The token has a strong base of "true believers" due to Cardano’s deliberately slow, scientifically backed development methodology. Currently, the proof-of-stake coin is used by agricultural companies to track produce supply chains; it is also used to store education credentials, and it enables retailers to combat counterfeit products. Its solid technical backing could give rise to new use cases.Maximum supply: 45 billion ​Investor takeaway Cryptocurrencies are still relatively new, meaning the risks around investing are heightened. However, looking at the top 10 coins by market cap minimizes risks as these cryptocurrencies have already proved themselves and have a solid user base and existing use cases. Even so, investors should keep in mind that cryptocurrencies overall require caution. Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

Top 10 Cryptocurrencies in 2024 2024/05/13 16:30

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Stocks to Watch: DuPont, Nike, KB Home are stocks to watch

Among the companies whose shares are expected to see active trade in Friday’s session are DuPont, Nike, and KB Home.

Stocks to Watch: DuPont, Nike, KB Home are stocks to watch 2014/06/27 06:48

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