Posted inEconomy
‘Big Short’ Michael Burry takes aim at surging AI stock
Betting against AI still looks like a dangerous game.In particular, one fast-growing AI neocloud stock…
Posted inTrading
XRP loses $1 for the first time since Trump’s 2024 election as bearish bets surge and 200,000 XRP stolen
XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market. Data…
Posted inTrading
As retail crypto trades collapse 73%, eToro drops $231 million to capture active US stock traders
eToro’s users executed 1.4 million crypto trades in July, down 73% from a year earlier.…
Posted inTrading
After selling 832 BTC to clear debt, this Nasdaq-listed crypto firm is using a 1-for-50 reverse split to mask its shrinking treasury
Bitcoin financial services firm Fold could address its Nasdaq share-price problem through a potential reverse…
Posted inEconomy
Scott Bessent’s Hormuz declaration puts Chevron at the center
About 20 million barrels of petroleum liquids pass through the Strait of Hormuz every day.…
Posted inEconomy
Bank of America sends blunt message to Nvidia stock investors
Every few quarters, the debate around Nvidia moves. For a while, it was about whether…
Posted inEconomy
Jim Cramer names 3 assets every retiree needs to own
Jim Cramer has been telling retirees and would-be retirees the same thing for years. Retirement…
Posted inEconomy
Low-income spenders catch up to the rich in certain areas
U.S. economic data has been clear for well over a year: The top earners in…
Posted inEconomy
Kevin O’Leary raises stark concern about inflation
Corporate America is posting record-breaking profits, with 86% of S&P 500 companies beating earnings expectations…
Posted inTrading
On-chain data shows $50 million at risk as Tether’s Alloy shutdown deadline boils down to 5 forgotten gold vaults
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed…