To The Moon

MicroStrategy is riding the bitcoin surge to a $100 billion market value.Shares of the largest corporate bitcoin holder are up 11.2% Tuesday to $427.96, continuing its rally with the stock nearly doubling since the Nov. 5 election. The stock has been a huge winner this year as the shares are up about sevenfold.Bitcoin is at a new high, gaining 2.8% to around $94,000 as it nears the $100,000 threshold. The cryptocurrency is up about 35% since the election as investors see Donald Trump as crypto-friendly.MicroStrategy's market value based on its basic shares outstanding is $96 billion. But its market capitalization is $110 billion using a fully diluted share count of 256.3 million shares that the company disclosed Monday in an 8-K that includes shares that would be issued to satisfy outstanding convertible debt. MicroStrategy is now one of largest U.S. companies not in the S&P 500 index.Investors are gravitating toward MicroStrategy because they like the company's strategy of aggressivel

President-elect Donald Trump's economic team is finally starting to take shape, and it appears one of Wall Street's foremost crypto advocates is getting a starring role.Trump on Tuesday said he plans to nominate Cantor Fitzgerald CEO Howard Lutnick to head the Department of Commerce. "He will lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative," Trump said in a post on TruthSocial.Lutnick, who is co-chair of Trump's transition team, had been seen as a leading contender to run the Treasury Department. As Commerce secretary, he would play a major role in investigating trade practices and administering tariffs, which Trump has said will be the centerpiece of his economic agenda.Lutnick is also an outspoken supporter of the crypto industry. His firm has been a custodian for the reserves of the stablecoin company Tether.The job at Commerce would also likely mean Lutnick would play at least some role in setting U.S.

DBS has increased its dividends dramatically over the last three years and looks poised to pay out more.

SummaryPalantir's stock has surged 65.88% since October 2024, driven by strong earnings and revenue growth, surpassing market expectations.Despite a high forward P/E ratio of 156.35x, Palantir's price

Cathie Wood of Ark Invest has been selling Palantir stock, despite it being the best-performing stock in the S&P 500 this year.

Apple Inc. reported a 21% gain in personal computer shipments in the second quarter, the biggest jump among global PC makers as part of a budding industry recovery that produced a second consecutive p

I’ve been a long-time user and supporter of Palantir Technologies' products, particularly Foundry, and became a shareholder when the company direct listed.Palantir's growth has slowed in recent years,

Tesla gained in post-market trading on Wednesday after Elon Musk disclosed in an SEC filing that he held a stake of 20.5% in the electric vehicle maker as of December 31. The value of his stake in TSLA as reported is just over $120B, which is more than the market caps of General Motors and Ford Motor combined. Musk's stake in Tesla had dropped to around 13% during the early part of last year.Elon Musk has stated recently that he would like to hold a voting position of 25% in Tesla to help dec

A handful of 'magnificent' tech stocks have been driving the stock market. Could that concentration turn into a problem for your 401 or stock portfolio?The Trillionaires rescued the S&P 500 in 2023, and they are now in full control of the market - for better or worse.Their power within the index also goes well beyond market-cap growth, at least if you toss out Tesla. Nvidia ended the S&P 500's earnings recession last year, and Big Tech's layoffs saved corporate America's record profit margins from declining along with inflation rates. In every way, this small group of companies was responsible for the market rebound in 2023, and it's also at the core of expectations for 2024 and beyond.That could be true for the long term, but it will be hard for any new rivals to compete against such powerfully entrenched and well-capitalized incumbents. And there could be short-term pain in store. I've voiced my doubts about an immediate artificial-intelligence windfall beyond Nvidia in 2024, with mo