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Nvidia Corp. set to release earnings report, analysts expect strong results

Nvidia Corp. is scheduled to release its earnings report on Wednesday after the market closes. The company's stock has reached a record high of $149.77/share in 2024 and is currently trading near $145. Analysts predict that the company will report a profit of $0.74/share on $32.81 billion in revenue, while the Whisper number is a profit of $0.78/share. Nvidia's earnings have grown significantly in recent years, largely due to strong demand for its A.I. and crypto-related chips.

The article discusses Nvidia's dominant position in the tech sector, with its stock up 200% year-to-date in 2024 and consistently outperforming. The company offers graphics, compute, and networking solutions for various markets and is headquartered in Santa Clara, California. The author advises keeping an eye on how the stock reacts to news.

Nvidia Corporation provides products for gaming, professional visualization, data center, and automotive markets. Their products are sold to various types of companies, including original equipment manufacturers, system integrators, and cloud service providers. The company was founded in 1993 and is based in Santa Clara, California. It is important to observe how the market and the company react to news during earnings season. The author discloses that they have a position in NVDA and that the stock has been featured on FindLeadingStocks.com.

Gemini Crypto Exchange Expands to France Ahead of EU Regulations

Gemini has launched its services in France, allowing users to deposit, trade and store digital assets. This move comes ahead of the implementation of EU's MiCA regulations, which will enable registered companies to expand their services across the trading bloc. The Gemini crypto exchange has opened up to users in France, paving the way for a potential expansion across the 27-nation trading bloc.

The Constraints of Governance: Trump's Promises to Transform the Crypto Industry Face Legal and Procedural Hurdles

President Donald Trump received significant financial backing from the cryptocurrency industry, promising to make the US the "crypto capital of the world" and receiving over $135 million in campaign contributions. However, fulfilling these promises may prove difficult due to legal constraints, bureaucratic inertia, and navigating a complex governance process. Trump's pledge to fire SEC Chair Gary Gensler on "day one" is legally impossible, and acting appointments may lack the legitimacy and authority needed for lasting reforms. Alternative strategies, such as appointing crypto-friendly commissioners, proposing legislative reforms, and promoting regulatory experimentation, may be necessary to implement Trump's crypto agenda. The crypto industry may face frustration as regulatory processes often take longer than expected, requiring consideration of feedback and legal scrutiny.

Bybit Launches Enhanced ByVotes Features to Empower Community and Builders in Crypto Ecosystem

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced enhanced ByVotes features that empower the community and builders. ByVotes offers benefits for both voters and project teams, providing a more rewarding way to support projects on Bybit's Spot exchange while empowering budding crypto entrepreneurs. ByVotes' simple mechanisms and clear rewards system encourage closer bonds between stakeholders in the crypto ecosystem and project teams. The upgraded version adds dimensions to the listing criteria and introduces more community elements and rewards. Voting is now open for NEIROCTO fans who want to help it reach "listed" status on Bybit's Spot exchange.

Democrat Ruben Gallego Wins Arizona Senate Seat, Stemming Some of Democrats' Losses

Ruben Gallego, a Democrat, has won the Arizona Senate seat, defeating Republican Kari Lake. Although the Democrats lost control of the Senate in the 2024 election, Gallego's victory helped to mitigate some of the losses. Republicans will have control of 53 seats for the next two years, having won Pennsylvania, Ohio, Montana, and West Virginia in the recent election. Gallego received $10 million in support from Fairshake, a crypto-focused super political action committee, and was predicted to win by both prediction markets and polling.

Republicans projected to keep House, giving party total control of government

The Republicans are expected to maintain control of the United States House, thus gaining complete control of the government after winning the Senate and the presidency. Decision Desk HQ has projected that the GOP will win the 218 seats needed for a majority, with only eight seats left to call. The new Congress and White House will not take over until January 2021, marking the first time the Republicans have held a government trifecta since 2019. Two Republican-backed crypto bills have been stalled in Congress but may have a chance to progress next year with the most pro-crypto Congress ever expected to take office.

Ether Surges 10% in 24 Hours Amid Optimism for DeFi Under Trump Presidency

Ether's value has risen by 10% in the last 24 hours, reaching over $2,800, while other cryptocurrencies have seen a decrease in value. This increase is due to optimism surrounding DeFi after Trump's election win, with investors expecting pro-crypto policies and deregulation. Trump's policies could potentially reduce regulatory burdens, allowing DeFi projects more freedom and potentially recognizing tokens as commodities, which could lead to growth and innovation in the sector. The performance of Ether and Bitcoin has also been compared, with the ratio between the two sliding to April 2021 levels on Tuesday.

Ether Surges 10% in 24 Hours on Optimism Around DeFi Following Trump's Win

In the past 24 hours, Ether has seen a 10% increase, reaching over $2,800, while other cryptocurrencies have experienced profit-taking. This surge is due to optimism around DeFi following Trump's presidential win, where expectations of pro-crypto policies and deregulation are boosting investor confidence. Trump's potential policies may ease regulatory burdens, allowing DeFi projects more freedom and possibly recognizing tokens as commodities, which could enhance the sector's growth and innovation. Despite a breakout in bitcoin, Ether has been rangebound between $2,300 and $2,600 levels, but has now crossed $2,800 for the first time since early August.

Wealth of Cryptocurrency Tycoons Surges After Trump's Election Win

Several of the world's richest individuals, including those with connections to cryptocurrency, experienced a significant increase in their net worth on Thursday due to a surge in stocks following Donald Trump's election win. Trump's expected support for cryptocurrency and corporate tax cuts during his upcoming term contributed to the increase. Elon Musk, one of Trump's top financial supporters, saw his net worth rise by $21 billion to $285.6 billion. Other notable increases include Jeff Bezos' net worth rising by $7 billion to $223.5 billion, Larry Ellison's net worth increasing by nearly $12 billion to $220.8 billion, and Brian Armstrong's net worth increasing by $2.6 billion to an estimated $11 billion. Despite a small drop in net worth, Meta co-founder Mark Zuckerberg remained the fourth-wealthiest person in the world with a net worth of $197.9 billion. Bitcoin reached an all-time high of over $76,000 in response to Trump's electoral victory, with businesses and crypto-related stocks reacting positively to the election results due to Trump's pro-crypto stance and promises of tax cuts for prominent CEOs. Trump has also expressed his intention to make the US the "crypto capital of the planet."

"Donald Trump Declared Winner of 2024 US Presidential Election, Stock Markets Surge"

Donald Trump has been declared the winner of the 2024 US Presidential Election by the Associated Press, with a total of 277 electoral votes. He is leading in several swing states, including Pennsylvania, Wisconsin, Michigan, Georgia, Arizona, and North Carolina. Meanwhile, Kamala Harris' path to the presidency appears to have narrowed, with Trump winning North Carolina and leading in five other battlegrounds. The GOP has regained control of the Senate, flipping seats in West Virginia and Ohio and fending off competitive challengers in Nebraska, Texas, and Florida. The election cycle has been chaotic, with bomb threats, polling location malfunctions, and a pro-Trump social media influencer admitting to being paid by a Russian propagandist to spread lies about voter fraud.