Job Market Booms In May: Payrolls Surge More Than Expected, Wages Increase
U.S. labor market beats expectations with 272,000 jobs added in May and 4.1% wage growth. Rising yields and dollar, futures down.
Why Roaring Kitty ‘Has Already Won,’ According To Crypto Traders
Gill's bet on GameStop has captivated investors and sparked debates, with potential to turn him into a billionaire. This has ignited discussions among crypto enthusiasts, celebrating his potential win but also highlighting differences with crypto market. The potential influx of new investors raises questions for the crypto space.
‘Buy More Vertiv,’ Jim Cramer Says As VRT Trades 20% Below Its 52-Week High
Vertiv has gained 315% over the past year, outperforming Nvidia Corp. which has gained 212% over the same period.
Nasdaq, S&P 500 Futures Teeter As Markets Brace For May Jobs Data Amid GameStop Frenzy: Why This Analyst Sees Bright Spot In Near Future
U.S. stocks are priming for a narrowly mixed start ahead of the all-important non-farm payrolls data, an important piece of economic evidence the Federal Open Market Committee would consider while deliberating on the Fed funds rate next week.
Asia Mixed, Europe Markets Dip While Crude Back At $75 – Global Markets Today While US Slept
Asian markets showed mixed results on Friday, with Japan's Nikkei 225 and Hong Kong's Hang Seng closing lower, while Australia's S&P/ASX 200, India's Nifty 50, and China's Shanghai Composite saw gains. In commodities, Crude Oil WTI and Natural Gas traded higher, despite a decline in Gold, Silver, and Copper.
Franklin Templeton Goes Beyond Bitcoin, Ethereum, Eyes New Crypto-Focused Investment Fund For Institutional Investors
Franklin Templeton, a prominent Silicon Valley asset manager with $1.6 trillion in assets, is reportedly exploring the creation of a new investment fund dedicated to cryptocurrencies.
GameStop Releases Q1 Results Ahead Of ‘Roaring Kitty’ Event, Files Prospectus To Raise Capital Via Equity Offering
GameStop's Q1 2024 results fell short of estimates with $0.882B net sales and $(0.12) EPS loss. Gross margin improved and Keith Gill's return boosted stock by 78% in past year.
Can Bitcoin Push Beyond $80K? Why This Trader Thinks ‘It’s Time’
Bitcoin's (CRYPTO: BTC) run to above $70,000 has traders bullish about price predictions of $80,000 and more finally becoming a reality.
Roaring Kitty’s Chances Of Becoming A Billionaire Today Just Plummeted: Here’s Why
Polymarket users are betting on whether Keith Gill, also known as “Roaring Kitty” will reach billionaire status by Friday.
Strategist Explains How Nvidia Options Traders Should Position Themselves Ahead Of Friday’s Stock Split
As Nvidia is gearing up for effecting the 10-for-1 stock split, traders, who stayed on the sidelines due to the hefty price tag, may be gearing up to dip their toe.