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Fed's Waller: Weak job market justifies rate cut in December
Federal Reserve (Fed) Governor Christopher Waller said that the US central bank should cut the interest rates when policymakers meet in December, Bloomberg reported late Monday. Waller added that he’s grown concerned over the labor market and the sharp slowdown in hiring.Fxstreet
Tue, Nov 18
Dow Jones futures gain as traders eye delayed US data, Fed signals
Dow Jones futures rise 0.18% to trade above 47,300 during European hours ahead of the opening of the United States (US) regular session on Monday. Moreover, the S&P 500 futures and Nasdaq 100 added 0.57% and 0.90%, with trading near 6,800 and 25,300, respectively.Fxstreet
Mon, Nov 17
Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Bubble Fears
Billionaire Peter Thiel has exited his entire stake in artificial intelligence major Nvidia, filings showed over the weekend, amid growing concerns over an AI-fueled bubble in technology valuations.Thiel sold some 537,742 shares in NVIDIA through the July-September period, with a Form 13F filing f
Tiger News
Mon, Nov 17
Crypto Daily | Bitcoin Plunges to 6-Month Low Under $100K; Coinbase, Robinhood, and Bitcoin Mining Stocks Take Big Hits
Bitcoin's price dropped below $100,000 for the third time this month as investors sold off risk assets like cryptocurrencies and tech stocks, with broader worries about the economy weighing on markets.Tiger News
Fri, Nov 14
Bitcoin Sinks Deeper Toward $100,000 as Bear Market Grips Crypto
Bitcoin sank deeper to the $100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters.The digital currency fell to 100,447 now and once dropped as much as 3.9% to $97,956, intensifying a slump that’s wiped out more than $450 billion i
Tiger News
Fri, Nov 14
Mike Burry says Oracle will overstate earnings by 27% and Meta by 21% due to depreciation gimmic
Michael Burry has accused two of America’s biggest tech players, Oracle and Meta, of using what he calls “depreciation gimmicks” to exaggerate their profits from the AI boom, according to CNBC.Cryptopolitan
Thu, Nov 13
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