An Anthropic IPO when the AI trade is this turbulent? Godspeed!
Wall Street takes a harder look at AI costs after historic midterm results. Plus, the upside to Apple’s lack of artificialintelligence spending.…
A strategist draws a 1980s parallel to argue bipartisanship could power a ‘bull stampede’
In the 1980s, a Republican president, a Democrat Speaker of the House and an inflationfighting Federal Reserve chairman powered a stockmarket rally.…
Bitcoin miners are oversold following 35% October rout, VanEck says
Investors dumped AI infrastructure providers across the board in October, treating companies in very different sectors as one monolithic trade. Source:CoinDesk
Bitcoin holds above $80,000 after Wednesday’s jump as injective rallies on staked ETF listing
Bitcoin slipped 0.2% to around $80,250 since midnight UTC, holding above $80,000 after Wednesday’s jump, as spot ETFs ended a threeday outflow streak.…
Research firm declares ‘end of the AI trade as we know it’ — and Asian tech stocks reflect the shift
Now that absolute value is much harder to find in the AI trade, with bets having to be made on a longerterm, more speculative basis, it’s time to search for…
Bitcoin win rate vs. S&P 500 recovers as post-midterm history favors stocks
Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, while historical midterm data highlights gains for stocks. Source:Cointelegraph
A prolonged war in Iran is the market’s real ‘black swan,’ says this strategist
Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.…
My 93-year-old father changed his will at the 11th hour, leaving my brother his entire $500,000 estate. Can I challenge it?
“My brother had no job and needed a place to live.” Source:MarketWatch
Toyota stock rallies after company lowered sales guidance. Here’s how rare that is.
Toyota Motor on Thursday saw an odd combination of a powerful stockmarket gain after lowering its annual sales forecast. Source:MarketWatch
Richard Simmons’ L.A. estate sells for $3.8 million
Over a year after Richard Simmons’ death, the fitness guru’s longtime home has sold to a buyer drawn to its rich history. Source:MarketWatch
Most investors are blind to the possibility of a market crash. Here is the five-part strategy to survive one.
Wall Street veteran Jared Dillian says the biggest problem is many investors these days have not lived through a major downturn. He’s got a portfolio that…
Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Polygon block producers have already frozen the stolen tokens, but a proposed hard fork would allow the funds to be recovered and returned to their owners.…