US Stocks Slip From Records as Oil Whipsaws on Iran War Uncertainty
S&P 500 falls 0.3% and oil swings between $87 and $90 a barrel as investors await US inflation data and weigh coin-flip odds of a September Fed rate hike.
Nvidia Lines Up $500 Billion From Wall Street Giants for AI Infrastructure
Nvidia signs MOUs with Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs and KKR for a $500 billion AI financing push, as Intel’s upsized $20B raise draws over $100B in demand.
Oil Whipsaws as Trump Claims ‘100%’ Control of Hormuz Amid Iran’s Demands
Brent crude swings from above $90 to near $87 as Trump declares the US Navy has full control of the Strait of Hormuz, while Iran demands reparations and sanctions relief.
Robinhood Launches UK Crypto Trading With Over 50 Digital Assets
Robinhood expands into the UK crypto market via Bitstamp UK, offering fee-free trading across 50+ tokens with FX fees ranging from 0.10% to 0.30%.
Could Gold Retake $5,000 Before Year-End? The Case for a Comeback
Gold hit record highs above $5,000 an ounce earlier this year before pulling back sharply. Here is the data-backed case for and against a renewed rally.
South Korea Launches $3.5 Billion Chip Fund to Fast-Track Semiconductor Hubs
Seoul unveiled a 5 trillion won semiconductor fund and new trade finance package as part of a broader $576 billion push to build chip manufacturing megaprojects.
Crypto Whales Pile Into Bitcoin, Ethereum and XRP as Bear Market Nears ‘Final Stage’
CryptoQuant data shows large wallets accumulating BTC, ETH and XRP as Bitcoin trades near $65,000 and Ethereum holds around $1,900.
Bitcoin Holds Near $65K as Whales Accumulate and Intesa Sanpaolo Pivots to Staked Ethereum
Bitcoin traded near $64,935 and ether near $1,913 as CryptoQuant flags whale accumulation, while Intesa Sanpaolo slashed its Bitcoin ETF stake 93.7% and tripled staked Ethereum holdings.
S&P 500 Slips From Record as Oil Jumps 5% and Berkshire Beats Estimates
US stocks pulled back slightly from record highs as Brent crude rose 5% on Hormuz uncertainty, while Berkshire Hathaway, MarineMax, and Varex Imaging moved sharply on earnings and deal news.
Stock-Bond Correlation Flip Signals Markets Now Fear Supply Shocks, Not Demand
San Francisco Fed research finds the stock-bond correlation has flipped negative, indicating investors increasingly see oil prices and supply-side risks as the dominant threat to growth.