Institutional exit is among the reasons behind today’s continued sell-offs in the digital currency market. The turmoil coincides with substantial uncertainty in crypto ETFs, with the products delivering…
Despite a stronger-than-anticipated increase in US jobs growth for September, the unemployment rate also climbed as more workers entered the labour market seeking employment. With the Federal Reserve recently…
The UK has moved to broaden its digital safety net with the formal introduction of the Cyber Security and Resilience bill in Parliament. The proposal arrives at a…
Bridgewater Associates founder Ray Dalio believes artificial intelligence spending has created bubble‑like conditions in financial markets.Yet despite the froth, he cautions investors against rushing to liquidate their holdings.Speaking…
The US stock market remained steady on Wednesday as traders geared up for Nvidia’s blockbuster earnings after the close.The S&P 500 is flatlining near 6,637, up just 0.3%,…
The Federal Reserve’s October meeting minutes reveal mounting disagreement about whether another interest rate cut makes sense in December.Powell’s team lowered rates by a quarter-point in late October…
Nvidia just delivered the earnings beat Wall Street needed to silence skeptics about the AI spending cycle.The company posted $57 billion in quarterly revenue, blowing past its own…
Nvidia Corp. shares rallied after the AI-chip bellwether smashed Wall Street’s third-quarter projections and signalled another record period ahead, easing fears that the sector’s breakneck growth is fading.…
Asian semiconductor stocks rallied sharply on Thursday after Nvidia reported stronger-than-expected quarterly results, helping calm concerns that rapid investment in artificial intelligence could be forming a market bubble.…