Ed Ponsi - Profile and Journalist Details
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Get connected with journalists todayEd Ponsi
Verified
Writer, FX Street
New Jersey, New York, Philadelphia
Beats
SEC Filings , DeFi , Mining Regulations , Cryptocurrencies
Those Outside of Topics Covered
Content
By Ed Ponsi, Helene Meisler Verified, Doug Kass, Chris Versace| The Street Verified GameStop has the cash to buy bitcoin, and is raising more capital. Does that sound like a company that believes in itself and its products? GameStop (GME) is back in the headlines, and the stock is making moves. Earlier this week, the Grapevine, Texas-based video-game retailer announced plans to add bitcoin as a treasury reserve asset. The announcement came on the heels of an underwhelming report that saw GameStop beat earnings estimates, but fall short on estimated revenues.
By Ed Ponsi, Helene Meisler Verified, Doug Kass, Chris Versace| The Street Verified These charts demonstrate the huge gulf between the winners and the losers in this sector and I'm picking one to buy. Semiconductor stocks haven’t been great lately, but there are a few names that are outperforming both the sector and the overall market. Recently, the bullish charts of several semi stocks have been overshadowed by the weaker names in the sector. For example, Advanced Micro Devices (AMD) fell to a 52-week low this week, after reporting earnings.
By Ed Ponsi, Helene Meisler Verified, Doug Kass, Chris Versace| The Street Verified GameStop has the cash to buy bitcoin, and is raising more capital. Does that sound like a company that believes in itself and its products? GameStop (GME) is back in the headlines, and the stock is making moves. Earlier this week, the Grapevine, Texas-based video-game retailer announced plans to add bitcoin as a treasury reserve asset. The announcement came on the heels of an underwhelming report that saw GameStop beat earnings estimates, but fall short on estimated revenues.
Company Info
FX Street
FXStreet is an independent financial portal that specializes in foreign exchange (Forex) market information. Founded in 2000 in Barcelona, Spain, by Francesc Riverola, Miriam Pinatell, and Sergi Fernández, it has become a globally recognized resource for Forex traders. The platform operates 24/5 and is available in 17 languages, providing unbiased market insights and tools to support traders. The company offers a variety of services, including real-time tools such as currency news, economic calendars, advanced charts, and Forex rates. It also provides educational resources like webinars, analysis reports, and forecasts tailored for traders of all experience levels. FXStreet collaborates with industry professionals, brokers, and banks to deliver comprehensive resources and customizable studies for technical and fundamental analysis. FXStreet serves a diverse audience, including retail and institutional Forex traders, brokers, banks, and financial educators. Its mission is to foster professional growth for traders through advanced tools and objective information, emphasizing values like teamwork, innovation, and transparency.
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Founded: 2000