Bitcoin Bonanza: MicroStrategy's Massive $780 Million Purchase Shocks Market“This man is the real deal.” According to foreign media reports on the 21st, U.S., corporate software company MicroStrategy recently issued convertible bonds (CB) to purchase an additional $780 million worth of Bitcoin. They made this purchase as Bitcoin prices fell below $65,000. MicroStrategy is famous for its Bitcoin debt investment. According to the U.S. […]
Investors Eye India as Stock Market Hits Trillion-Dollar MilestoneAs the Indian stock market continues to perform strongly, investors are turning their attention towards India.
AI Chip ETFs Soar: A 20% Gain in Just One Month!In South Korea, ETF, which predominantly includes Broadcom and Nvidia, has provided nearly a 20% return rate in just one month.
Fisker's Bankruptcy Shocks Electric Vehicle IndustryFisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.
Could Stubborn Fed Policies Lead to Recession? El-Erian Thinks SoAllianz Chief Economic Advisor Mohamed El-Erian warned that the U.S. Federal Reserve (Fed) could risk economic recession if it delays interest rate cuts. In an article contributed to the Financial Times (FT) on June 18, El-Erian criticized the Fed for insisting on delaying rate cuts, arguing that cutting sooner rather than later reduces the risk […]
Risky Money Moves: How Biden's Economic Plan Could BackfireThe Biden Administration is injecting a massive amount of money into the market ahead of the upcoming election. This fiscal spending, which began in earnest in May, is becoming a significant variable in the financial market. The funds deposited in the Treasury’s TGA account decreased from $930 billion at the end of April to $730 billion […]
France’s Financial Future May Be at Risk - Here’s WhyThe Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]
AMD Under Cyber Attack: Sensitive Data Potentially ExposedAMD announced on the 18th that it was investigating claims that a cybercriminal organization stole the company's data through hacking.
Steve Cohen Not ‘Betting’ on AI—He’s Investing $1 Billion!Steve Cohen is set to launch an artificial intelligence investment fund influenced by the rally of AI-related stocks such as NVIDIA.
Wall Street Bulls See No Ceiling for S&P 500Wall Street institutional investors are increasingly optimistic about the stock market. Evercore ISI expects the Standard & Poor’s (S&P) 500 index to reach 6000 by the end of this year. They also forecast it will reach 7000 by the end of next year. Goldman Sachs also expects it to hit 5700 by the end of […]
Why the Federal Reserve Won't Cut Rates Until the End of the YearAfter maintaining the highest benchmark interest rate (5.25-5.5%) in 23 years for seven consecutive times, the Federal Reserve System (Fed) suggests that people may have to wait until the end of 2024 for lower interest rates. President of the Federal Reserve Bank of Minneapolis Neel Kashkari mentioned the timing of the interest rate cut during […]
Is the Left-Wing Reign Over? European Markets Wobble as Far-Right Rises in EU ParliamentAnalysts predict that although short-term volatility is inevitable due to the right-wing shift in the European Union (EU), a gradual return to normalcy is expected as fundamentals recover. As anticipated, far-right parties made significant gains in the European Parliament elections held from June 6-9. Among individual countries, France saw the greatest expansion of far-right influence, […]
China Opens Doors to Tesla's Full Self-Driving SystemTesla received approval to test its self-driving assistance system, Full Self-Driving Capability (FSD), in Shanghai, China.
Economic Titans: The Secrets Behind U.S. Global DominanceThe U.S. has managed to subdue any country that dares to challenge it. It brought Japan to its knees during World War II, caused the collapse of the Soviet Union after the Cold War, and effortlessly subdued Japan and Europe when they challenged its economic power. Now, it’s taming China. But what is the source […]
AI Fever Boosts NASDAQ: Tech Sector Remains Steady and StrongAnalyses are suggesting that there are no signs of overheating in the IT sector, which is leading the rally of the U.S. stock market in New York. In anticipation of a decrease in the benchmark interest rate, the S&P 500 and Nasdaq Composite are breaking new records. In particular, the Nasdaq index took advantage of […]
Saudi Arabia Chooses Chinese Yuan Over US Dollar: Global Markets ReactReports from industry sources reveal that the Petrodollar agreement between Saudi Arabia and the United States expired on the 9th.
Interest Rates Hold Firm as Fed Evaluates Economic GrowthThe U.S. has once again frozen its benchmark interest rate. The U.S. Federal Reserve (Fed) announced on the 12th (local time) that it unanimously decided to maintain the benchmark interest rate at its current level following the regular meeting of the Federal Open Market Committee (FOMC). The Fed, which had aggressively raised interest rates until […]
UAE Backs US Restrictions on Semiconductors Exports To ChinaThe United Arab Emirates has supported the U.S.'s export restrictions on large-scale AI accelerators to Middle Eastern countries.
China's Rare Earth Monopoly Under Threat: Greenland's Minerals to the Rescue?The world's largest rare earth deposit in Greenland has been sold to Critical Metals, a Special Purpose Acquisition Company (SPAC).
Goldman Sachs Predicts a Sizzling Stock Market This Summer!In an investment report on June 6, Goldman Sachs indicated that they are observing more positive signals in the market this summer.
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