Asian equities stabilize following Wall Street tech selloff; oil nears $95, China trade data beats
selloff
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Bitcoin is trading above $77,000 on Monday as selling in AI-related stocks put Wall Street on course for a weaker open. The weakness followed weekend calls to pace AI development…
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Stocks
Stocks keep shrugging off rising Treasury yields. Here’s the level that could finally trigger a selloff.
The yield on the 10-year Treasury yield continues to climb, but our call of the day from Strategas says that ascent will be much higher before stocks start to hurt.
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Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par. A…
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Stocks fell as investors turned cautious on tech and AI related stocks after a strong rally. I was in a taxi heading to a meeting this week when the driver…
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Crypto Currency
A 2011 physical Bitcoin loaded with 25 BTC was just unlocked during the $62k selloff
A Casascius coin tied to 25 BTC moved this week, converting a 2011 physical Bitcoin artifact into spendable BTC during a broader market selloff. Galaxy Research identified the item as…
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Stocks
Palo Alto Networks’ stock leads another dramatic software selloff. Here’s what investors need to know.
Investors seem increasingly spooked by Mythos, a forthcoming Anthropic model that the company has said is so powerful it could penetrate existing cyber defenses if it’s misused by bad actors.
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Analysts expect Bitcoin’s price consolidation to tilt toward $60,000, but technical charts favor a liquidation rally toward $82,000. Bitcoin’s (BTC) consolidation extended into a fifth week since making a major…
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Infosys shares looked set to rally after collaboration with Anthropic, just after the AI company had helped trigger a sharp selloff in the IT-consultant sector.
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A 128ha former Department of Defence site at 2 Cordite Ave, Maribyrnong, has been in the midst of a divestment process for years. Victoria will be the epicentre of an…
