Gundlach Sees a 25% Upside in Bitcoin, Still Advises to Get Out

Jeffrey Gundlach correctly called Bitcoin's (BTC) crash after the cryptocurrency's peak in December 2017.

Hot Stories

Ups and Downs in AMD’s Graphics Business in 2018

Excess GPU supply and the absence of crypto-related GPU sales reduced AMD's graphics revenue YoY (year-over-year) in the fourth quarter.

Why Overstock Rose 16.3% in the Last Trading Session

On January 25, Overstock (OSTK) stock rose 16.3%. The company announced that the secondary market went live for tZERO security tokens.

Could TSMC’s Guidance Mark the Start of a Semiconductor Slowdown?

TSMC (TSM), the world's largest foundry, earns revenue by manufacturing chips for other chipmakers on its manufacturing nodes.

How are Bitcoins Created

Introduction to bitcoin mining Bitcoins are created by a process referred to as mining. It's easy to draw parallels to mining precious metals like gold...

Buffett’s Love for Financials Might Have Continued in Q4

Berkshire Hathaway’s fourth-quarter 13F could reveal how the company deployed its cash in the fourth quarter.

GPU Market Weakness Could Impact AMD’s Fourth-Quarter Earnings

The selling price of AMD's RX 580 GPU on secondary platforms such as Newegg, Amazon (AMZN), and eBay fell to as low as $180 in December from $249–$299 in November.

How are Bitcoins Created

Introduction to bitcoin mining Bitcoins are created by a process referred to as mining. It's easy to draw parallels to mining precious metals like gold...

A Closer Look at Square’s Marketing Spending

In the third quarter of 2018, Square spent 15.4% of its revenue on product development and 13.2% on sales and marketing activities.

PayPal to Benefit from Bitcoin without Handling It

PayPal has (PYPL) has mostly given cryptocurrencies such as Bitcoin a wide berth, unlike its competitor Square (SQ).

MUST READ

Regulation

Tencent to Share its Technologies with Hong Kong STP

Tencent's agreement with Hong Kong STP On January 29, Chinese technology (QQQ) major Tencent Holdings (TCEHY) signed a memorandum of understanding with HKSTP (Hong Kong Science and...

How are Bitcoins Created

Introduction to bitcoin mining Bitcoins are created by a process referred to as mining. It's easy to draw parallels to mining precious metals like gold...

PayPal to Benefit from Bitcoin without Handling It

PayPal has (PYPL) has mostly given cryptocurrencies such as Bitcoin a wide berth, unlike its competitor Square (SQ).

Why Are Analysts Positive on NVIDIA despite Its Disappointing Q4?

Despite NVIDIA's (NVDA) fiscal 2019 fourth-quarter underperformance, 26 out of the 38 analysts covering it have recommended "buys" on its stock.

Why Is NVIDIA’s Gross Margin Contracting?

In the fourth quarter, NVIDIA reported a gross margin of 56%, down 610 basis points from the previous year's 62.1%.

How are Bitcoins Created

Introduction to bitcoin mining Bitcoins are created by a process referred to as mining. It's easy to draw parallels to mining precious metals like gold (GLD), wherein large corporations invest a lot of capital to extract...

Mining

A Closer Look at Square’s Marketing Spending

In the third quarter of 2018, Square spent 15.4% of its revenue on product development and 13.2% on sales and marketing activities.

AMD Could Take Some Time to Recover from Its Technical Weakness

AMD, NVIDIA, and Intel saw their stocks rise 4.8%, 6.6%, and 3.1%, respectively, in the first ten days of January 2019.

LATEST POSTS

Most of Gundlach’s 2018 Calls Were Spot On—What about 2019?

So-called bond king Jeffrey Gundlach, who is also the CEO of DoubleLine Capital, has made his predictions for 2019 on a variety of topics.

AMD Missed Its Q4 Revenues, Stock Rose Due to 2019 Outlook

On January 29, Advanced Micro Devices reported its fourth-quarter results after the market bell. The company met the earnings estimates.

Headwinds Reverse NVIDIA’s Fortunes

On January 28, NVIDIA (NVDA) shocked semiconductor investors by lowering its revenue guidance for the fourth quarter of fiscal 2019 by $500 million.

How are Bitcoins Created

Introduction to bitcoin mining Bitcoins are created by a process referred to as mining. It's easy to draw parallels to mining precious metals like gold (GLD),...

AMD Performed Better than NVIDIA in Q4 2018

Advanced Micro Devices (AMD) stock rose more than 20% after its fourth-quarter 2018 earnings were better than those of peers Intel (INTC) and NVIDIA (NVDA).

AMD on Track to Hit Long-Term Financial Target ahead of Schedule

AMD is yet to achieve its gross margin target of 40% to 44% and EPS target of over $0.75.

AMD’s Efficiency Ratios Could Improve Further in 2019

A company’s ROE shows the profit a company can generate from shareholder capital.

NVIDIA Brings Ray Tracing to Mid-Range GPUs

NVDIA's stock has increased 10% since January 3 and is still rising after the company's CEO, Jensen Huang, announced the GeForce RTX 2060 GPU at the Consumer Electronics Show or CES 2019 on January 6.

Will AMD Update Its Long-Term Financial Model?

Advanced Micro Devices (AMD) is on track to achieve its long-term financial model, which was last updated in May 2017.