Morsa Images As Generative AI impacts drug research, this thesis aims to uncover the opportunities for Exscientia plc (NASDAQ:EXAI) and show it is a buy based on the strength of its technology platform. Noteworthily, I was again bullish when covering the stock in April 2022 priced at $12. It did rise to $15.21, but, subsequently,…
We’re all just waiting for the NVIDIA (NVDA) quarterly report, due after the close today, because that’s the report which is most likely to either ignite yet more enthusiasm for AI stocks… or tap the brakes and make everyone think about fundamentals and risk again. So while we wait, let’s check out all the other…
Key Points: Farcaster secured $150 million for protocol development. The focus is on increasing users and application complexity. The funding highlights interest in user-controlled social networks. Decentralized social protocol Farcaster raises $150m in a funding round. The funds will help grow its user base and develop features like channels and direct messaging. Farcaster, a decentralized…
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with…
Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world’s second-biggest cryptocurrency, while bitcoin also approached a record high. Ether, which underpins the ethereum blockchain network, was 8% higher on the day at $3,775, its…
ZachXBT flags 7 additional wallets with $61M in Bitcoin connected to North Korea’s Lazarus Group. On April 29, ZachXBT detailed how the state-backed hacker group laundered $200 million from over 25 hacks since 2020. Currently, the crypto wallets detected by the investigator still hold the flagged amounts. ZachXBT has taken to X (formerly Twitter) to…
Cboe BZX filed 19-b4 amendments related to five spot Ethereum ETFs on May 21 , significantly increasing the odds of each fund’s approval. The news coincided with a sudden spike in odds on Polymarket, which reports 70% odds of approval by May 31, up from just 10% hours before. Bloomberg ETF analyst James Seyffart commented…
Get Email Alerts and Follow Us: Lowe’s reported first-quarter 2024 sales of $21.4 billion, a 4.1% decline in comparable sales due to supply chain pressures. Despite this, strategic marketing campaigns boosted seasonal sales. The company saw growth in Pro and online sales, supported by investments in customer service and delivery options. The MyLowe’s Rewards program’s…
Some stuff I am reading today morning: India marketcap hits $5 Trillion ( Fortune ) Stock valuations may not be sustainable ( FE ) Curious case of huge haircuts at NCLT ( BT) Vivo overtakes Samsung in India ( Forbes ) Company : Ashiana Housing ( BI ) Stock Talk : Jagsonpal Pharma ( Watchlist…
Did you know that there’s a way to boost your CPP payouts when you’re already receiving them? That is, without simply deferring your decision to take benefits to a later date. Although the pre-tax amount of CPP you receive is more or less fixed (apart from some inflation adjustments), you can increase the amount of…