Inflation double feature: two data prints that could rewrite market rate-cut fantasy
Wall Street’s favourite macro assumption that inflation will cool “enough” to let the Federal Reserve cut rates on a predictable timetable faces a
Economy
Economy
SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?
Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-standing speculation about whether
Economy
Wedbush: buy these two ‘still overvalued’ stocks amidst software rout
The software sector is currently weathering a violent storm, characterized by a rapid sell-off that some are calling a “SaaSapocalypse.” The panic intensified
Economy
How Apple defied the tech stocks’ rout as AI spending fears hit rivals
Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor names.
Economy
Oil finds short-term support as oversupply eases, bearish risks linger
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The
Gold
Goldman Sachs builds AI agents with Anthropic to automate core banking work
Goldman Sachs is deepening its push into generative AI by building autonomous agents with artificial intelligence startup Anthropic to automate some of the
Gold
UNI price eyes $4.0 as Bitwise files for a spot Uniswap ETF
UNI, the native coin of the Uniswap blockchain, is down 10% in the last 24 hours, mirroring the performance of Bitcoin. At press
Gold
S&P 500, Nasdaq futures stabilize as tech selloff eases; Amazon sinks
US stock index futures steadied on Friday after a bruising selloff in technology shares earlier in the week, offering tentative signs that the
Gold
Boeing stock price eyes a rebound as a new $80 billion tailwind emerges
Boeing stock price has pulled back in the past few weeks, moving from the year-to-date high of $254 to the current $236. Still,
Gold
EU charges TikTok over addictive design under Digital Services Act
EU regulators on Friday accused TikTok of breaching the bloc’s online content rules, putting the video-sharing app at risk of having to redesign