Promising Blockchain Stocks to Watch on March 29th

Today, investors are keeping an eye on seven notable blockchain stocks: Oracle, Core Scientific, Riot Platforms, Applied Digital, Globant, Bitdeer Technologies Group, and FTI Consulting. These companies are publicly traded entities that play significant roles in blockchain technology or integrate its applications into their operations. In addition to cryptocurrencies, these firms also serve areas like decentralized finance and secure data management. The stocks highlighted have recently shown impressive trading volumes, making them noteworthy in the blockchain sector.

Oracle (ORCL)

Oracle Corporation offers a wide array of products and services centered around enterprise information technology. Among its major offerings are various cloud software applications, such as Oracle Fusion cloud solutions for ERP, supply chain management, human capital management, and healthcare solutions.

Recently, ORCL stock saw a decrease of $5.03, reaching $140.75, with a trading volume of 13,138,087 shares. This contrasts with its average volume of 8,963,386. Over the last year, Oracle's stock has fluctuated from a low of $112.78 to a high of $198.31. The company boasts a market capitalization of $393.67 billion and operates with a price-to-earnings ratio of 34.41.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services across North America, divided into Mining and Hosting segments. It offers blockchain infrastructure and software solutions, along with data center mining facilities. Core Scientific mines digital assets for itself and supports other large bitcoin miners with comprehensive hosting services.

On Friday, shares of CORZ experienced a drop of $0.40, closing at $7.48 with a trading volume of 44,053,519 compared to the average of 11,579,443. The company’s stock has seen a yearly low of $2.61 and a high of $18.63, boasting a market cap of $2.20 billion.

Riot Platforms (RIOT)

Riot Platforms, Inc. is engaged in bitcoin mining through its subsidiaries in North America. Its operations cover bitcoin mining, data center hosting, and engineering services, offering essential infrastructure for institutional-scale miners.

RIOT shares dipped by $0.36 to $7.41, with a trading volume of 22,881,275. The stock has fluctuated between $6.36 and $15.87 over the past year and holds a market cap of $2.60 billion.

Applied Digital (APLD)

Applied Digital Corporation focuses on developing and operating data centers in North America, providing digital infrastructure solutions for high-performance computing and AI cloud services.

On Friday, APLD shares fell $0.38 to $5.72, with a trading volume of 25,467,590. Over the past year, the stock has fluctuated from a low of $2.36 to a high of $12.48.

Globant (GLOB)

Globant S.A. offers technology services globally, including solutions in blockchain, cloud technologies, cybersecurity, and AI. The company supports businesses with various technological needs, from digital experiences to enterprise solutions.

Recently, GLOB shares declined by $7.92 to $118.48, and the trading volume reached 1,084,513. Over the last year, the stock has ranged from a low of $117.61 to a high of $238.32.

Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group specializes in blockchain technology and offers hash rate sharing solutions, along with mining machine hosting services for cryptocurrency operations.

The stock traded down $0.78 to $9.14, with a trading volume of 4,196,619. It has a yearly range from a low of $5.23 to a high of $26.99.

FTI Consulting (FCN)

FTI Consulting, Inc. provides business advisory services aimed at managing change, mitigating risk, and resolving disputes. The company operates across various segments, delivering comprehensive consulting services.

FTI shares recently dropped $1.08 to $162.28, with a trading volume of 223,288. The stock has ranged from $158.88 to $243.60 over the past year, with a market cap of $5.83 billion.

Blockchain, Stocks, Investing