Goldman Sachs has pushed back its forecast for the first Federal Reserve rate cut to December 2026, with a follow-up reduction expected in March 2027. The culprit is a familiar one: inflation... Read more »
While most of Wall Street spends its time worrying about stagflation, Cathie Wood is reading a completely different script. The ARK Invest CEO has been making the case that US inflation is... Read more »
The US economy added 115,000 nonfarm payrolls in April, nearly doubling the consensus forecast of roughly 65,000 jobs. The unemployment rate held steady at 4.3%, exactly where economists expected it. Healthcare led... Read more »
Five companies worth a combined $13 trillion all beat expectations in the same week. The market responded accordingly. Apple, Alphabet, Microsoft, Meta, and Amazon each delivered double-digit revenue growth in their latest... Read more »
Strategy Inc., the company formerly known as MicroStrategy that has essentially become a publicly traded Bitcoin fund, saw its stock price climb near $170 on April 17. That’s a 15% daily jump... Read more »
Wall Street is having one of those days where everything clicks. The S&P 500 climbed to 6,993, putting a record close above 7,000 within arm’s reach, as the US dollar tumbled to... Read more »
Coinbase is reportedly in the running to partner with Cloudflare on issuing a stablecoin purpose-built for AI transactions. The deal, first reported by The Information, would position both companies at the intersection... Read more »
Billionaire investor Thomas Kaplan remains resolute in his bullish stance on gold and silver, despite the metals’ historic correction in late January. In a recent interview with Business Insider, Kaplan said he... Read more »
Key Takeaways Gold prices hit an all-time high due to geopolitical risks. Silver reached a new record of $84 per ounce, driven by investment and industrial demand. Share this article Precious metals... Read more »
Key Takeaways JPMorgan disagrees with the US Treasury’s prediction that the stablecoin market will reach $2 trillion by 2028. USDT and USDC account for over 60% of the current stablecoin market, which... Read more »
