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On Friday evening, President Donald Trump gave his approval to the Cryptocurrency Act (Genius Act) as law. This act was one of several pieces of legislation approved by the U.S. House of Representatives during “Crypto Week,” and aims to establish a structure for stablecoins – digital currencies tied to commodities or fiat money. Many investors anticipate that these passed bills could foster a more favorable regulatory landscape for cryptocurrency in the future.

In many instances within the biotechnology sector, Summit Therapeutics’ impressive growth can be attributed to advancements in clinical trials with its foremost drug candidate. Despite the substantial progress it has made recently, there may still be a good opportunity for investors to jump aboard given the early stages of its success.

These five ETFs could be excellent choices for long-term investors. You don’t have to buy all of them, but if you have $1,000 available for investment, any one of these would make a wise initial step. Keep in mind that $1,000 is just a starting point; it’s beneficial to regularly invest in ETFs every month over the long term.

As an ardent follower of the market, I was intrigued when I noticed Navitas’ stock surge following their announcement about reporting earnings on August 4th. It wasn’t so much about what they would report as it was the simple fact that they were reporting at all. Surprisingly, investors are snapping up shares left and right, not knowing whether the upcoming earnings news will bring good or bad tidings. This unexpected enthusiasm is a fascinating study in market dynamics!

The surge in Plug Power’s stock price can be easily explained: This morning, Biju Perincheril from Susquehanna upped his price target for Plug stock by a significant 80%, raising it from $1 per share to $1.80. However, the real question is whether this single analyst’s opinion justifies a 8.1% increase in Plug Power’s stock price.