Shares of Arista Networks (NYSE: ANET) rose 19.2% in October, according to data from S&P Global Market Intelligence. The company didn't report earnings until November, which proved to be another catalyst. Instead, Arista rose in October on higher sentiment for the tech sector after inflation fears dogged technology stocks in September. Read More...
Bloomberg
Coinbase’s Shiba Gamble, NFT Plan Fuels Wall Street Optimism
(Bloomberg) — To chart Coinbase Global Inc.’s momentum this year, just look at its main retail mobile app. On Oct. 29, it became No. 1 in the Google Play store for the first time.Coinbase, the largest U.S. cryptocurrency exchange and a lightening rod for regulators and critics alike, was more popular, in other words, than Instagram, PayPal or Snapchat. As one of the earliest on the scene, it is now benefiting as crypto gains more adherents, and its reach into new markets and willingness to take
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