Market News

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Source: Market Watch News Agency

1 month ago

General Medium Importance AI Analyzed

5 things to know about the Chinese e-commerce juggernaut Shein ahead of its IPO

The fast-fashion giant is targeting a listing in Hong Kong by Sept. 1. It's been trying to go public for four years.

Source: Market Watch

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Source: Yahoo Finance News Agency

1 month ago

General Medium Importance AI Analyzed

Everyone was waiting for $45,000. Bitcoin nearly touched $80,000.

Bitcoin is up roughly 24% this week, its strongest since 2023, and touched nearly $80,000. Everyone who spent the summer waiting to buy back at $45,000 is now watching from the sidelines.

Source: Yahoo Finance

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Source: CNBC News Agency

1 month ago

General Medium Importance

Kalshi traders think the bitcoin rally could end the year near current levels

Bitcoin has rallied ferociously this week after the U.S. Treasury intervened to stop a sell-off in bonds and industry leaders and regulators rallied at the White House to put pressure on Congress to approve the Clarity Act market structure proposal. But traders on prediction market platform Kalshi think that the cryptocurrency likely will end the year near current levels, doubting the coin's rally will go much higher or last.

Source: CNBC

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Source: CNBC News Agency

1 month ago

General Medium Importance

Bessent's bond gambit aimed at calming markets is instead stirring inflation worries

Investors over the past several days have begun pricing in higher inflation rates, following a Treasury Department market intervention announced this week. Breakeven rates hit levels not seen in more than two months as investors grew concerned over the inflationary impacts of the department's intention to double its buyback levels of government debt.

Source: CNBC

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Source: Reuters News Agency

1 month ago

General Medium Importance

JPMorgan hiring Bank of America's David Fishman as head of technology M&A, memo says

JPMorgan Chase is hiring veteran dealmaker David Fishman from Bank of America as ‌part of a newly formed investment banking group to focus on key clients in the technology sector, according to a memo seen by Reuters.

Source: Reuters

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Source: Reuters News Agency

1 month ago

General Medium Importance

Orbital data center startup Starcloud valued at $2.3 billion in latest funding

Starcloud, a startup building data centers in space, said on Friday it had raised $250 million at a $2.3 billion valuation, as ‌it looks to expand AI infrastructure through orbital data centers.

Source: Reuters

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Source: Bloomberg Markets and Finance News Agency

1 month ago

General Medium Importance

Humanoid Robots Put China Ahead in Tech Race

China's humanoid robot makers now control 97% of global shipments, giving Beijing an early lead over U.S. rivals. At the World Robot Conference, robots sort boxes, handle laundry, and bag clothes, but the real test is whether they can become everyday tools.

Source: Bloomberg Markets and Finance

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Source: Schwab Network News Agency

1 month ago

General Medium Importance

Treasury's Liquidity Boost "Band-Aid" & Fixed Income Strategies to Consider

@CharlesSchwab's Cooper Howard calls the Treasury Secretary Scott Bessent's plan to double come liquidity support for longer-dated treasuries a "relative band-aid." He notes signs of concern he expects to persist.

Source: Schwab Network

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Source: FXEmpire News Agency

1 month ago

General Medium Importance

Nasdaq-100: Banks Are Moving Higher While Tech Waits for the Long Bond to Cool Off

Nasdaq-100 rebounds Friday, but high Treasury yields still pressure tech stocks as banks and materials lead the market rotation.

Source: FXEmpire

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Source: Market Watch News Agency

1 month ago

General Medium Importance

States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them

Prediction markets like Kalshi are regulated in different ways across states. There's a better way for them to thrive.

Source: Market Watch

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Source: Bloomberg Markets and Finance News Agency

1 month ago

General Medium Importance

Key Greenland Mining Project Is On Track, Says Critical Metals CEO

Critical Metals CEO and Executive Chairman Tony Sage joins Bloomberg Open Interest to warn the US is still years away from breaking China's grip on key rare-earth metals, with processing capacity emerging as the biggest hurdle. Sage also says the US-listed firm is on track to start producing rare earth elements from a key Greenland mine in three years.

Source: Bloomberg Markets and Finance

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Source: Market Watch News Agency

1 month ago

General Medium Importance

6 AI hardware stocks to own for the remainder of the year, according to an analyst

An Evercore ISI analyst sees strong growth ahead for storage makers, networking providers and Apple.

Source: Market Watch

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Source: CNBC News Agency

1 month ago

General Medium Importance

Energy sector is in focus because of Iran, AI and California. Here are hedge funds' top plays

The favorite energy stocks of hedge funds - including one with a projected 65% upside Europe is facing an energy crisis brought on by poor policy decisions, the phase-out of Russian natural gas and recent hot weather.

Source: CNBC

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