Biden vs. Trump: Epic Showdown or Historic Disaster?President Biden and former President Trump clashed in their first presidential debate ahead of the 2024 election, hosted by CNN.
How Geopolitical Uncertainty Is Reshaping Global Financial StabilityGlobal macroeconomic experts have warned that financial market instability could increase due to geopolitical unrest caused by U.S.-China trade conflicts, and ongoing climate crisis. At the keynote speech of the Seoul International Finance Conference hosted by the World Economy Research Institute and Shinhan Bank at Lotte Hotel in Seoul on the 28th, Stanford University Professor […]
NVIDIA Execs Cash Out, Stock Drops 6% in One DayAmid a 6% plunge in a single day, NVIDIA CEO and other executives' stock sales have been pointed out as fueling investor anxiety.
Senate Report Warns of AI Risks in Financial MarketsThe U.S. Senate raised concerns that the expanding use of artificial intelligence by hedge funds could pose risks to investors and the financial market. It remains uncertain whether the U.S. political arena will initiate regulations on this matter. According to industry sources on the 26th, the U.S. Senate Committee on Homeland Security and Governmental Affairs […]
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 […]
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 […]
Wall Street Guru: Why Apple's AI Push Could Make You RichSteve Eisman, a well-known Wall Street fund manager and the real-life protagonist of The Big Short, ...
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.
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.
How Cathie Wood Let Billions Slip Away with Early NVIDIA SaleCathie Wood has drawn attention due to claims she missed out on a nearly $723 million profit by selling all her shares last year in NVIDIA.
The Bitcoin Boom: How Crypto Could Become the Global Reserve CurrencyGabor Gurbacs, a strategic advisor for stablecoin issuer Tether and asset management firm VanEck, has suggested the possibility of Bitcoin becoming a reserve tender. He insists that no legal tender can replace the dollar, but Bitcoin could. According to industry sources on the 29th, Gurbacs recently mentioned weak currency countries through his X (formerly Twitter) […]
Nancy Pelosi's Husband Strikes Gold with Nvidia OptionsFinancial service platform Unusual Whales has estimated the investment earnings from NVIDIA of former U.S. House Speaker Nancy Pelosi. It has been reported that she also made considerable profits from investing in other companies like Google. According to Unusual Whales on the 30th, it is estimated that former House Speaker Nancy Pelosi and her husband, […]
Cathie Wood Bets Big on Elon Musk's Latest AI VentureCathie Wood has bet on xAI, an artificial intelligence (AI) startup founded by Elon Musk. She has al ...
Why Michael Burry is Ditching Tech for Gold Amid Economic UncertaintyScion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
Federal Reserve Holds Interest Rates Steady Amid Economic UncertaintyThe New York stock market showed fluctuating results on May 1st (local time). According to Yonhap News, the Dow Jones Industrial Average closed at 37,903.29 on the New York Stock Exchange (NYSE), up 87.37 points (0.23%) from the previous day. The Standard & Poor’s (S&P) 500 index fell 17.30 points (0.34%) to 5,018.39, while the […]
MicroStrategy Buys More Bitcoin Despite Crypto TurmoilMicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
US Housing Giant Dr. Horton Beats Estimates with Robust ProfitsAnalysts have reported that D.R. Horton (DHI), a company that builds homes and sells building materials in the U.S., ‘s quarterly results were better than expected. D.R. Horton’s second-quarter (January-March) sales were $9.11 billion, a 14.2% increase year over year, and its net income was $1.17 billion, a 24.4% increase. Earnings per share (EPS) were […]
Yen's Historic Plunge: Lowest Value Against Dollar in 34 YearsThe yen’s value fell to a 34-year low as the dollar-yen exchange rate surged to the threshold of 155 yen during trading. According to Kyodo News, on the 23rd, the dollar-yen exchange rate in the New York foreign exchange market the day before (local time) rose to 154.85 yen per dollar during trading. Despite joint […]
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