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AMD Shares Surge 43% in Three Days as Analysts Bet on OpenAI Deal to Shatter the Runner-Up Mold
TradingKey - A landmark equity-for-compute deal between AMD and OpenAI has prompted Wall Street to reassess the long-term prospects and competitive standing of this Nvidia challenger. In just one week, nearly 30 analysts updated ratings and price targets, sending AMD’s stock soaring 43% over three
TradingKey
Thu, Oct 9
IMF says global economy is more resilient than expected
Kristalina Georgieva, former Vice-President of the European Commission and now Managing Director of the International Monetary Fund (IMF), stated that the global economy has shown greater resilience than many had expected, despite facing multiple major shocks.Cryptopolitan
Thu, Oct 9
Gaza Peace Plan Challenges Gold’s Record High at $4,000 — Technical Overbought Signals Correction
TradingKey - After gold’s historic breakthrough above $4,000 per ounce, easing geopolitical tensions in the Middle East have cooled investor enthusiasm, while its overbought technical condition is prompting traders to consider profit-taking.
TradingKey
Thu, Oct 9
Coinbase Premium Gap Signals Strongest Bitcoin Accumulation Since ETF Launch – Details
Bitcoin faced a swift correction below the $125,000 level after reaching a new all-time high of $126,200 on Monday, triggering widespread volatility across the market. The price retraced over 4% to around $120,000, liquidating millions in leveraged positions as traders anticipated further upside.
NewsBTC
Thu, Oct 9
USD/JPY extends the rally above 152.50 on fiscal fears in Japan
The USD/JPY pair extends its upside to near 152.60, the highest since February, during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Japanese Yen (JPY) despite US government shutdown concerns. The US weekly Initial Jobless Claims will be postponed again later on
Fxstreet
Thu, Oct 9
Analyst Urges All XRP Investors To Pay Attention To This Connection No One Has Made Before
The XRP community has been called to attention after a new analysis linked the cryptocurrency’s trajectory to a powerful market force that many have overlooked. A recent breakdown by crypto analyst Austin Hilton has spotlighted a direct connection between XRP and Bitcoin that could shape how investo
Bitcoin Market Turns Positive As Futures Open Interest Rises Sharply – More Price Growth?
The past few days have been remarkably positive for Bitcoin, the leading crypto asset, as it surges to a new all-time high above the $125,000 price mark. However, as Tuesday drew to a close, the crypto king experienced a slight pullback. During the notable upward performance in price, several metricNvidia–xAI Boosts Chip Stocks. AMD Surges Another 11%; Nvidia Jumps 2%
Chip stocks soared Wednesday on Bloomberg reports — now confirmed by Nvidia CEO Jensen Huang — that Nvidia is among the investors financing the latest funding round for Tesla CEO Elon Musk's AI company, xAI.Wolfspeed rose 14%; AMD rose 11%; Super Micro Computer rose 7%; Marvell Technology and ON SemTiger News
Wed, Oct 8
Nvidia Confirms Stake in Musk’s xAI Amid $20 Billion Fundraising Push
TradingKey - Nvidia CEO Jensen Huang publicly confirmed the chipmaker’s investment in Elon Musk’s artificial intelligence startup xAI, following Bloomberg reports that the stake could be as large as $2 billion and people familiar with the matter said xAI’s latest funding round has already surpassedTradingKey
Wed, Oct 8
Gold Hits Historic High Above $4,000 as Political Turmoil and Policy Uncertainty Fuel Haven Demand
TradingKey - On October 8, spot gold prices broke through $4,000 per ounce for the first time in history, briefly hitting a record high of $4,040. December-delivery New York gold futures also set a new all-time high at $4,063.TradingKey
Wed, Oct 8
Tesla Gains 2% Premarket Ahead of October 7 Event
TradingKey - Tesla (TSLA.O) shares climbed 2% in premarket trading Monday after the company dropped a cryptic teaser hinting at an October 7 announcement — sending investors and fans into a frenzy of speculation about what Elon Musk might reveal next.
TradingKey
Mon, Oct 6
French PM Lecornu Quits Amid Backlash Over Macron’s Cabinet
TradingKey - French Prime Minister Sébastien Lecornu resigned Monday, a day after President Emmanuel Macron unveiled a new cabinet that drew sharp backlash from both allies and opponents, intensifying France’s political turmoil.TradingKey
Mon, Oct 6
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U.S.-Iran Draft Agreement Reached. Strait of Hormuz to Be Reopened, Two Major Crudes Plunge 7% in Short Term
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