Probably USA doing insider trading again on news we find out tomorrow.
Precious and Base Metals Plunge Simultaneously: Gold, Silver, and Copper Suffer Sharp Declines
Where the turmoil began A sudden and coordinated sell-off swept across global commodities during the evening trading session on September 10, Beijing time. Industrial metals on the London Metal...
Trump, Vance and Bessent Try to Calm the Bond Market with 'alternative Facts'
MW Trump, Vance and Bessent try to calm the bond market with 'alternative facts'An earlier version of this column incorrectly stated the 2028 federal deficit estimate. It has been corrected. By Brett
It's easy to get revenue when you sell products below cost using investor money to make up the difference.
The AI Spending Boom is Outrunning Wall Street Estimates
Billions of dollars are pouring into the AI buildout, racing ahead of Wall Street forecasts and leaving analysts playing catchup.A Barron's analysis of more than a decade of analyst forecasts shows ca
I can't believe they voted this toddler into office.
Trump Says US Has 'Total Control' over Strait of Hormuz
Trump says US has 'total control' over Strait of HormuzAug 12 -U.S. President Donald Trump on Wednesday said the United States in is control of the Strait of Hormuz."The U.S.A. has total control over the Strait of Hormuz. I THINK WE WILL KEEP IT!Our Naval Blockade is being called, by everyone, “A WALL OF STEEL,” and there is nothing Iran can do about it," he wrote on his Truth Social platform.
The only thing Nvidia announced was that large investment firms would like to invest other people's money in data centres and Nvidia would like a piece if it. But that's hardly news. Nothing else is concrete, same as the $100m investment in OpenAI from last year that never happened.
Nvidia Stock Rises 3% as CEO Eases AI Debt Fears
Nvidia stock was rising in premarket trading Wednesday as fears over the company's exposure to debt fueling the artificial intelligence boom eased. CEO Jensen Huang looks like a market whisperer once
Too much of the increase in earnings for the $SPDR S&P 500 ETF Trust(SPY)$ comes from tech companies saying their stake in OpenAI is worth more. And without it, not much else is increasing earnings. I think we're ripe for a correction, especially with the Iran war unresolved and the slide in the yen with repeated unsuccessful USDJPY interventions.
Interventions by both Japan and South Korea is a really bad sign. A currency crisis is brewing.
Dollar on Track for Worst Week in Three Months Amid Fed Doubts and Massive Yen Intervention
The US dollar is heading for its worst week in three months, tumbling to its lowest level in over a month. This decline is fueled by a double blow: growing skepticism about the Federal Reserve's...