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Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.  Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.  Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.  In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.  XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

Ripple

XRP is trending as the crypto community anticipates a potential breakout, fueled by speculation around upcoming events and positive technical indicators. Discussions center on breaking through resistance levels, particularly the $3 mark, with some eyeing higher targets. A possible ETF approval and Ripple's Swell conference are contributing to the bullish sentiment.

Nebius Group NV is a technology company that provides infrastructure and services to AI builders worldwide. It offers Nebius AI, an AI-centric cloud platform provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools. The company also operates through specialized brands: Toloka AI, which partners in data for generative AI development; TripleTen, an edtech platform focused on re-skilling individuals for tech careers; and Avride, which develops autonomous driving technology. Nebius Group was founded by Elena Kolmanovskaya, Ilya Segalovich, Mikhail Fadeev, and Arkady Volozh in 1989 and is headquartered in Amsterdam, the Netherlands.

Nebius Group N.V. - Ordinary Shares - Class A

Nebius Group (NBIS) is trending after announcing a $17 billion AI infrastructure deal with Microsoft, significantly exceeding its current market cap. Community discussions revolve around the deal's implications for revenue growth and potential for further partnerships, with some speculating on future price targets and potential acquisitions. The surge in NBIS is also bringing attention to other AI infrastructure plays, as investors anticipate increased demand in the sector.

Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. It operates through the Automotive and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of solar energy generation, energy storage products, and related services and sales of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Tesla Inc

Tesla is trending with community chatter focused on sales data, potential resistance levels, and upcoming events, including a presentation on Megapacks. Bullish sentiment cites strong China sales and long-term growth potential in energy storage, while bears point to declining market share and concerns about valuation. Discussions also revolve around the company's AI and robotics initiatives and their impact on future revenue.

Eightco Holdings, Inc. is a publicly traded holding company, which operates in the consumer products and e-commerce markets, focusing on developing and deploying innovative technology, and capital solutions to empower small to medium-sized businesses. It operates through the North America and Europe geographical segments. The company was founded in 1966 and is headquartered in Easton, PA.

Eightco Holdings Inc

Eightco Holdings ($OCTO) is trending due to a massive surge driven by its rebranding as a Worldcoin (WLD) treasury play and a significant private placement announcement. Community discussions revolve around the potential for a short squeeze and comparisons to other high-flying stocks. The stock's low float and association with cryptocurrency are contributing to the amplified volatility.

Opendoor Technologies, Inc. engages in the operation of buying, selling, and trading of residential properties online. The company was founded by Eric Wu on December 30, 2013, and is headquartered in Tempe, AZ.

Opendoor Technologies Inc

OPEN is trending as retail investors discuss recent price action and debate whether the rally will continue. Community members are weighing bullish catalysts like potential rate cuts and a new CEO against bearish sentiment fueled by short sellers, including well-known figures. Some traders are expressing conviction in a potential short squeeze, while others caution against meme stock speculation.

IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada. IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

IREN Ltd.

Iris Energy Ltd

IREN is trending due to increased interest in AI infrastructure plays, sparked by recent deals in the sector, specifically NBIS. Community members are discussing IREN's potential to secure similar contracts and its advantageous positioning in the AI data center space, with some viewing it as undervalued compared to its peers. The focus is on IREN's capacity, energy sourcing, and potential for significant revenue growth in the rapidly expanding AI market.

Memecoin on Injective taken over by the community.

Nonja

$NONJA.X is trending due to excitement around Injective's ecosystem, particularly the potential approval of a staked $INJ.X ETF, which could drive further investment. The community believes $NONJA.X, as the strongest meme coin on the Injective chain, is positioned for amplified gains. Many community members are discussing the coin's strong community, unique artwork, and a large percentage of the market cap being burned to the liquidity pool.

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. A key component of the Worldcoin project is the development of the foundational infrastructure that will be important for a world where AI plays an increasingly large role.  The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online while maintaining their privacy through zero-knowledge proofs.  Using World ID, individuals will be able to prove that they are a real, unique human to any platform that integrates with the protocol, including to web3 systems, social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, provide protection against bots/sybil attacks on social media, and enable the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually show a path to AI-funded UBI. The Worldcoin token (WLD), alongside World ID, will let users participate in governing the Worldcoin protocol.   To engage with the Worldcoin protocol, individuals must first download a first wallet app that supports the creation of a World ID. Users visit a physical imaging device called the Orb to get their World ID Orb-verified. Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness to issue an Orb-verified World ID, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody). All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens, subject to certain availability restrictions. The WLD token is designed as a utility token with governance properties.

Worldcoin

Worldcoin is trending amidst community discussions around its association with Sam Altman and its potential role in AI identity verification. Some investors express excitement about Altman's involvement and the project's use case, while others voice concerns over privacy, tokenomics, and regulatory hurdles. Speculation about potential partnerships and exchange listings is also fueling interest.

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

International Business Machines Corp.

IBM is trending as investors debate its valuation and potential in AI and quantum computing, particularly after recent earnings. Bulls see opportunity in consistent growth and undervaluation, while bears consider it "dead money." Community members are closely watching key resistance levels and discussing potential breakout scenarios.

Sentage Holdings, Inc. engages in the financial services, which offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China. The company was founded on September 16, 2019 and is headquartered in Shanghai, China.

Sentage Holdings Inc - Ordinary Shares - Class A

Sentage Holdings Inc

SNTG is trending due to potential short squeeze opportunities, with social media chatter highlighting its low float and comparisons to other recent high-flying stocks like OCTO. Community members are actively discussing its potential for significant gains, while also pointing out its high short interest. Some are drawing attention to the broader sector and its connection to cryptocurrency.

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Shares of WeTouch Technology Inc. (WETH) surged over 3% in morning trade on Thursday after the company announced a strategic partnership to enter the South Korean market.WeTouch’s partnership will allow it to produce and supply advanced touchscreen components to its&nbsp;undisclosed&nbsp;South Korean partner, who will then customize the products to tailor them for needs of local customers.The company says its partnership with the&nbsp;electronics manufacturer has already generated $1.5 million in initial orders, and an additional $5 million in sales is expected to be generated through the rest of 2025.WeTouch CEO Zongyi Lien called this partnership a “major milestone” in the company’s global growth efforts."The South Korean market offers tremendous opportunities, and combining our manufacturing capabilities with our partner's localization expertise will allow us to deliver outstanding value for our customers,” said Lien.WeTouch also has a manufacturing facility under construction in Vietnam to boost its production capacity.Retail investors on Stocktwits sounded a bullish note about WeTouch stock price’s prospects.One user has a price target of $7, implying an upside of 327% from current levels.<stembedurl>https://stocktwits.com/intrader/message/601175716</stembedurl>Another user thinks WeTouch stock’s trading volume looks promising.<stembedurl>https://stocktwits.com/TRADINGVIEWDEV/message/601154714</stembedurl><stembedurl>https://stocktwits.com/martins1/message/601145526</stembedurl><a href="https://stocktwits.com/symbol/WETH">WeTouch’s stock price</a> has fallen more than 22% over the past six months, while its one-year performance is worse, with a decline of over 70%.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/american-electric-power-stock-upgraded-to-buy-at-guggenheim/chb9a1NR8s">American Electric Power Stock Upgraded To Buy At Guggenheim, Analysts Expect Utilities To Outperform In 2025: Retail Turns Bullish</a>

Stock market data with uptrend vector | Illustration Source: Getty Images

WeTouch Technology Stock Surges As It Enters South Korean Market With Local Strategic Partner: Retail Sounds A Bullish Note

WeTouch says its partnership has already generated $1.5 million in initial orders, and an additional $5 million in sales is expected to be generated through the rest of 2025.

Equity

What's Going On With Wetouch Technology (WETH) Stock?

Wetouch Technologies shares are trading lower by 21.7% during Monday's session. The company announced a $15 million stock buyback.
read more...

Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program

Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program PR Newswire CHENGDU, China, July 8, 2024 CHENGDU, China...

WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders

WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders PR Newswire CHENGDU, China, June 24, 2024 CHENGDU, China, June 24...

WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million

WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8...

Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders

Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products...

Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023

Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023 Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41...

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023 Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023 PR Newswire CHENGDU, China, April 1, 2024 CHENGDU, China, April 1...

Wetouch Technology Inc.'s (NASDAQ:WETH) Quiet Period Set To Expire  on April 1st

Wetouch Technology's (NASDAQ:WETH - Get Free Report) quiet period is set to expire on Monday, April 1st. Wetouch Technology had issued 2,160,000 shares in its IPO on February 21st. The total size of...

Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market

Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating...

Wetouch Technology, Inc. engages in provision of consulting services. The company was founded on August 28, 1992 and is headquartered in Meishan, China.

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