Ali Martinez, an on-chain trading expert, predicts the US stock market could experience a false rise before a major crash similar to the 2007 Great Recession. He notes the S&P 500's current pattern resembles the lead-up to the 2007 peak, which preceded a 57.68% drop. Martinez forecasts a rally to around 7,150 points followed by a plunge to about 3,130 by 2028. This outlook aligns with concerns over high national debt, risky tech sector dynamics, geopolitical tensions, and structural economic issues. Notably, Michael Burry also warns of a 50%+ market decline by 2028, citing risks from index fund flows and demographic shifts.
Meta Platforms has been upgraded to a buy rating due to its new cloud business, which is expected to stabilize cash flow and improve profitability. Despite heavy capital expenditures, Meta maintains strong free cash flow margins and operational effic...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
