VIX Hits 3-Month High: Market Turns To Stocks Braving ‘Last Mile In The Inflation Battle’
Small caps & growth stocks out, utilities & energy in after surprise inflation reading plunges US equity markets.
US Stocks Priming For Relief Rally After Inflation-Driven Selloff: Strategist Expects To Be Among ‘Buyers Of Pullback’ Over Next 2-5 Days
The lone piece of Main Street catalyst due for the day is a speech by a supposedly "centrist" Fed official.
’34 Trillion Reasons To Believe In BTC:’ Galaxy Digital CEO Mike Novogratz Touts Bitcoin Amid US Debt Spike
Mike Novogratz, a billionaire investor and CEO of Galaxy Digital, on Tuesday highlighted a surge in U.S.
Magnificent 7 Lose More Than $250 Billion As Blazing Inflation Data Triggers Market Sell-Off
U.S. stocks, including Microsoft, Apple, Alphabet, Amazon, Meta Platforms, NVIDIA, and Tesla, lost $250B in value due to high inflation data.
Oil Prices Rise As Iran Tests Ballistic Missiles, OPEC Raises Economic Forecasts
Oil prices are higher, pushing up average gasoline prices on concerns supply could be disrupted as Iran tested ballistic missiles.
$1 Trillion AI Gold Rush: Analyst Equates Tech Firm To ‘Messi,’ Calls NVIDIA’s Huang ‘Godfather Of AI’
Wedbush analysts predict a $1 trillion surge in AI investments in the next decade, with companies like Palantir emerging as leaders in the field.
Markets Tumble, VIX Up 8% On Hot Inflation Data, Dollar, Yields Jump As Traders Unwind Rate Cut Bets: What’s Driving Markets Tuesday?
Wall Street witnessed one of the worst sessions since the beginning of the year, with widespread declines across the board as stocks were hit by the impact of a higher-than-expected inflation report.
Could Empty Office Space Spark ‘Systemic Credit Event’ At Regional Banks?
16% of top investors see a credit event as a possible risk for 2024, according to BofA survey.
Economists Sound Alarm On Inflation’s Stubborn Grip: ‘No Chance Inflation Will Return To 2%’ Without New Rate Hikes
January inflation report shows higher-than-expected inflation, challenging Fed's rate cut plans. Economists analyze implications and predict delay in cuts.
Magnificent 7 Is ‘The Most Crowded Trade’ Among Institutional Investors, With Two-Thirds Dismissing Recession Fears
Global investors bullish on equities as economy expected to avoid recession; investing in Magnificent Seven stocks like Nvidia and Microsoft.