Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Following Day 2 of CES 2015, JP Morgan’s Rod Hall mentioned that Seagate Technology PLC (NASDAQ: STX) “presented at our 13th Annual CES Tech Forum and said that they are planning for flattish PC shipments this year – better than our current forecast for a 1.9 percent Y/Y decline.”
“Seagate noted that macro uncertainty is the major downside risk to PCs this year, while new applications and performance needs can drive upside to PC shipments.”
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Hall commented that Marvell Technology Group Ltd. (NASDAQ: MRVL) “also presented and said that their mobile business will continue to grow by 30-40 percent Y/Y again in China in 2015.”
Hall "visited a Chinese 4K OLED TV vendor’s booth and learned that 4K OLEDs are likely going to launch only next year or later due to ongoing yield issues in OLED manufacturing.”
Lastly, ON Semiconductor Corp (NASDAQ: ONNN) “said that they are expecting Chinese demand to return to normal seasonal patterns in Q1 – potentially better news for the Chinese smartphone market.”
Hall felt that all of the above developments would have a neutral impact on Hewlett-Packard Company (NYSE: HPQ), Corning Incorporated (NYSE: GLW) and TD-LTE technology.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.