AppLovin Corp (APP) has been under intense scrutiny in recent weeks, with its stock price plummeting over 40% following a barrage of short seller reports alleging fraudulent advertising practices. The company's shares have taken a nosedive, dropping from a high of $525 to a current level of $278.84, raising serious concerns about its long-term viability.
Bitcoin has experienced a significant price drop of 16% in the past month, prompting concerns among analysts about a potential shift towards a macro downtrend. Key indicators, such as increased profit-taking by large investors and miners, alongside a dramatic decrease in capital inflows, suggest a possible entry into a bear market phase.
Nvidia unveiled Groot N1, a foundation model for humanoid robots, aiming to address the labor shortage with intelligent robots capable of mimicking human cognition. This open-source model features a dual-system architecture for understanding, planning, and executing tasks, marking a significant step forward in embodied AI.
Bitcoin's recent 16% drop has sparked concerns of a macro downtrend, with analysts pointing to indicators like profit-taking by large investors and miners, and plummeting capital inflows. These factors suggest a potential shift towards a bear market, with key support levels identified in the $66,000-$69,000 range.
HealthEquity Inc. (HQY) reported strong fourth-quarter results, with revenue up 19% year-over-year and 9.9 million health savings accounts (HSAs) as of January 31st, 2023. However, shares are sinking in after-hours trading, likely due to the company's guidance coming in slightly below estimates at the midpoint.