Newsfeeds Archive - Page 29 of 150

2 minute read

AI Could Consume 25% Of US Power By 2030: ‘The More Information They Gather… The More Power It Takes,’ Warns Arm CEO

April 9, 9:38 AM

AI data centers could consume 25% of U.S. power by 2030, Arm and SoftBank invest $25M in research to reduce energy use and combat China's tech dominance.

AMZN

2 minute read

Bukele Announces Buyback Of Dollar Bonds To Slash El Salvador’s Debt: Will Bitcoin Play A Role?

By Piero Cingari

April 8, 5:54 PM

Bitcoin enthusiast and El Salvador President Nayib Bukele announced plans to repurchase some of the country’s dollar-denominated bonds. This strategic move aims to trim El Salvador’s external debt, further reducing fears of a potential default for the small Central American country.

BTC

2 minute read

March Inflation Data Preview: What Figures Would Boost Odds Of June Interest Rate Cut?

By Piero Cingari

April 8, 4:18 PM

Market awaits eagerly anticipated CPI report for March, expected to impact Fed rate cut decisions. Economists predict slight rise in inflation.

QQQ

2 minute read

Stocks Falter Ahead Of Data-Rich Week, Tesla Rallies On ‘Robotaxi’ Push, Bitcoin Reclaims $71,500: What’s Driving Markets Monday?

By Piero Cingari

April 8, 1:49 PM

It’s a lackluster trading session on Wall Street, with the main indices experiencing slight declines as traders adopt a cautious stance ahead of a data-heavy week.

AIRC

2 minute read

Oil At $100, Gold At $3,000? Wall Street Veteran Sees Potential 1970s Economic Storm, Posing Risks To Biden’s Reelection

By Piero Cingari

April 8, 11:55 AM

Spikes in commodity prices raise concerns of a 1970s-like economic outlook, with oil at $100/barrel & gold at $3,000/ounce. Geopolitics could worsen situation for Biden's admin.

GLD

3 minute read

Jamie Dimon Warns Of Stickier Inflation, Higher Interest Rates In Annual JPMorgan Letter: ‘There Will Be Plenty Of Stress’

By Piero Cingari

April 8, 11:50 AM

Dimon warns of inflation, interest rate rise, geopolitical risks, and recession. JP Morgan reports record results and increases dividends.

JPM

2 minute read

Top Stories

Goldman Sachs Predicts Rosy 2024 Economic Outlook, Yet A Challenging Q1 Earnings Season For S&P 500 Stocks

By Piero Cingari

April 8, 9:52 AM

Goldman Sachs predicts strong economic growth in 2024, with no major inflation threat. However, analysts warn of potential stock market volatility and risks.

SPY

2 minute read

Traders Rethink Interest Rate Cuts, Labor Market Heats Up, Oil Prices Quietly Reach 6-Month High: This Week In The Markets

By Piero Cingari

April 5, 4:23 PM

U.S. economy resilient, manufacturing and labor market strong. Fed officials temper rate cut expectations. Apple shifts focus to home robotics.

$RVN

1 minute read

Gold Shines Above $2,300, Ends Another Week At Record High: Mining Stocks Rally To 11-Month Peak

By Piero Cingari

April 5, 4:18 PM

Gold prices rise to all-time highs, showing impressive resilience despite interest rate concerns.

2 minute read

Stocks Rally On Hot Jobs Data, Defy Interest Rate Fears, Gold Hits New High, Oil Tops $87: What’s Driving Markets Friday?

By Piero Cingari

April 5, 2:13 PM

It’s a day of broad-based rallies on Wall Street, with both stocks and commodities showcasing robust performances in the wake of a hotter-than-expected labor market report, seemingly unfazed by growing fears over delays in the Federal Reserve’s rate cut plans.

BTC