Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.
JPMorgan says Fed rate cuts won't be the rocket fuel for stocks some expect
While some on Wall Street think stocks are spring-loaded for gains after the Fed cuts interest rates, JPMorgan has a more measured view.
Watch These Zscaler Price Levels as Stock Plunges After Profit Outlook Disappoints
Shares Fell 15% in Extended Trading Tuesday
Bitcoin Dives Under $56K as Asian Equities See Red
The August reading of the Institute for Supply Management’s manufacturing index slumped for a fifth straight month with a rebound from July but remaining below the 50 threshold.
Bitcoin Dives Under $56K as Asian Equities See Red
U.S. stocks tracked by Nasdaq 100 and S&P 500 fell as much as 3.5% lower on Tuesday to kick off a historically bearish September month.
Trump Family Members Hacked to Promote Apparent Crypto Scam
The X accounts of Donald Trump's daughter-in-law and daughter were apparently hacked Tuesday evening to promote a token purportedly tied to World Liberty Financial, the upcoming crypto project touted by family members in recent days. Lara and Tiffany Trump, the wife of Eric Trump and daughter of Donald Trump, respectively, tweeted what they described as "the only official" blockchain addresses for World Liberty Financial. Not long after, Eric, the middle son of former President Trump, posted on X that the two profiles had been compromised and the addresses were a "scam."
Trump Family Members Hacked to Promote Apparent Crypto Scam
The incident comes hours after CoinDesk revealed details of the crypto project the Trump family has recently touted.
The stock market chaos sparked by the yen last month could resume as rates rise in Japan, SocGen says
Japan's expected rate hikes could restart the unwind of the yen carry trade and impact US stocks, SocGen's Albert Edwards said.
KKR-Bain Bidding War Sends Fuji Soft Stock Soaring Above Offers
(Bloomberg) -- Fuji Soft Inc.’s stock surged to above the price offered in Bain Capital’s surprise ¥600 billion ($4.1 billion) buyout bid, signaling expectations for a rare Japan bidding war with KKR & Co.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatBain’s offer threatens to derail an acquisition agreement between the Yokohama-based software company and KKR last month. Bain has now submitted a non-binding propo
FTNT, CRWD, or PANW: Which Cybersecurity Stock Is the Best Pick?
Cyber attacks have been rising amid growing digitization and geopolitical tensions. Moreover, the sophistication of these attacks has increased, with cyber criminals leveraging advanced technologies and artificial intelligence (AI). As per Check Point Research, cyber attacks rose 30% year-over-year to 1,636 attacks per organization per week globally in Q2 2024. Given this favorable demand backdrop, we used TipRanks’ Stock Comparison Tool to place Fortinet (FTNT), CrowdStrike (CRWD), and Palo Alt