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Why Tesla, Broadcom, and Rivian Fell Today as Treasury Yields Shot Higher
Treasury yields continued to surge on sticky inflation data, dragging the market down today. Tech and artificial intelligence (AI) stocks bore the brunt of the sell-off, as the Nasdaq Composite fell nearly 2%, more than the other major market indexes.The Motley Fool
Jan 8, 2025
This Bitcoin Bull Cycle ‘Might Be The Longest Ever’ – Top Analyst Explains Why
Bitcoin has surged above the $100K mark, signaling strength and fueling optimism among traders as the market enters 2025. This breakout has bolstered a bullish outlook for BTC in the first quarter, with many anticipating further gains.
Gold price consolidates around $2,650 area as traders await FOMC Minutes
Gold price (XAU/USD) stabilizes following the previous day's late pullback from the $2,665 hurdle as traders opt to move to the sidelines ahead of Wednesday's release of the FOMC Minutes later during the US session.Fxstreet
Jan 8, 2025
Fed’s Bostic: Inflation is expected to decline but warns Fed to be cautious
Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday that Fed officials should be cautious with policy decisions given uneven progress on lowering inflation and err on the side of keeping interest rates elevated to achieve their price stability goals, per Bloomberg.Fxstreet
Jan 8, 2025
Bitcoin Drags Crypto Lower on Strong U.S. Economic Data
The irony of the crypto market is how much it falls when the economy is doing well. On Tuesday, a couple of important economic readings came in better than expected, and Bitcoin (CRYPTO: BTC) and other cryptocurrencies dropped on the news.The Motley Fool
Jan 8, 2025
Shiba Inu Large Transaction Volume Up 40%, Burn Rate Crashes 71.5%, What’s Going On?
Shiba Inu is starting to reverse some of its price losses in December as the crypto industry reacts after Bitcoin’s recent break above the $100,000 psychological level. This has seen the activity of Shiba Inu increase notably in the past few days.Bitcoinist
Jan 7, 2025
CNY: It’s not just about a strong US Dollar – Commerzbank
At the end of last week, USD/CNY broke above 7.30, which previously had been successfully defended in the last days of 2024. Yesterday, the exchange rate even rose to almost 7.33 before falling again in the wake of various reports about the impending US tariffs.
Fxstreet
Jan 7, 2025
Intel CES 2025 unveils new AI PCs! Analysts comment not enough surprises?
TradingKey - The former semiconductor leader, Intel (INTC.US), is striving to catch up in its AI business, which has lagged far behind its peers. It recently made a blockbuster launch of the new Intel Core Ultra series processors at the CES 2025, achieving breakthroughs in both performance and...TradingKey
Jan 7, 2025
Tesla Vehicle Delivery Trends Are Concerning, and Shares May Be Overvalued
Tesla (NASDAQ: TSLA) stock is off to a stumbling start in 2025. At the time of this writing, shares are down nearly 2% year to date. The pullback is due to the company's latest vehicle delivery numbers spooking some investors.The Motley Fool
Jan 7, 2025
Buy Dell and TD SYNNEX shares in 2025, avoid IBM, Pure Storage: UBS
Investing.com -- Dell (NYSE:DELL) and TD SYNNEX (NYSE:SNX) are UBS's top picks for 2025, while IBM (NYSE:IBM) and Pure Storage (NYSE:PSTG) are listed as least favored, the bank revealed in its enterprise hardware and networking sector outlook.Investing.com
Jan 7, 2025
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