Why stocks are falling and the 10-year Treasury yield is back near 5% after Tuesday’s inflation report
“I don’t think they should be raising another 25 basis points,” one portfolio manager said about the Federal Reserve’s benchmark interest rate.…
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarterpoint Fed rate hike in December.…
Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and…
Forget happy hour. ‘Money parties’ are having a moment.
There’s evidence showing that talking about finances with your friends can help you save money. Source:MarketWatch
U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3%
A December rate hike appears completely assured, with Fed Governor Chris Waller suggesting even a 50basispoint move could be appropriate. Source:CoinDesk
Elon Musk was half-right in his comment last week about SoftBank back-pedaling on a gas-turbine order
Elon Musk in a socialmedia post last week said that SoftBank “defaulted” on a gasturbine order. The truth, revealed Tuesday in the Japanese’s investment…
Here’s what Nvidia investors should be focusing on now. Hint: It’s not Jensen Huang’s affair.
Nvidia’s stock still seems like a good bet — if the AI trade holds up. And that’s a big ‘if.’ Source:MarketWatch
Bitcoin may benefit as global tightening slows, Binance Research says
Binance Research says Bitcoin could find support as global monetary tightening slows, even as markets price in a December Fed rate hike. Source:Cointelegraph
Nvidia couldn’t derail the stock market’s rally. Hot inflation might.
A Fed official raises the prospect of a halfapercentagepoint rate hike. Plus, fresh valuation focus on Anthropic’s blockbuster IPO. Source:MarketWatch
Bitcoin lags stock rebound in advance of U.S. inflation report
Bitcoin slipped despite a Monday rebound in U.S. stocks, with spot ETFs losing $201 million as traders await October inflation data later today. Source:CoinDesk
Bitcoin slips before U.S. inflation report as traders price in Fed rate increase
Fed Governor Waller backs December tightening even if inflation cools, while falling oil prices offer some relief and Anthropic withdraws IPO pricing details.…
Anthropic reportedly retracts IPO terms sent to banks by mistake, exposing jitters over AI investments
Anthropic reportedly late Monday sent a copy of a securities filing to bankers for an IPO raising up to $69.3 billion before saying that was in error.…