A Hyperscalers Hiccup Sends Investors Into A Tailspin
There’s a growing sense that investors don’t want to be the last ones on the floor when the A.I. music stops.
AUD/JPY Price Analysis: Plunges To A Fresh Low Amid Steep Four-Day Losing Streak
In Wednesday's trading, the AUD/JPY pair has prolonged its downward spiral, tumbling by 1.50% to reach 101.20.
Silver Price Analysis: XAG/USD Dips Beneath $29.00; Further Downside Seen
Silver price failed to extend its gains on Wednesday and lost over 1% as US Treasury yields rose following a US 5-year Note auction. The XAG/USD trades at $28.83, finally achieving a daily close beneath $29.00, opening the door for further downside.
Stocks And Precious Metals Charts - In The Heart Of Darkness
Stocks took a dive today with a little bounce off the lows. Gold and silver rallied, and held it for much of the day, but finally gave it up and slid a bit into the close. VIX was elevated.
Heavy Selling In Nasdaq And S&P As Semiconductors Crushed
A difficult day for the Semiconductor Index as it sheds nearly 6%, losing not just 50-day MA support, but also breakout support of 5,200.
BYD Poised To Surpass Tesla In EV Sales Despite Buffett’s Divestment
As electric vehicle demand wanes across the US and Europe, Chinese EV maker BYD is on track to outpace Tesla in vehicle sales this year.
Ethereum Price Stays Quiet Amid $107 Million Net Inflow And Rising Bitcoin Volatility: What’s Next For ETH Price?
Despite the launch of the much-anticipated Ethereum spot Exchange-Traded Fund, the price of Ethereum has remained relatively stable, showing little reaction to what many expected would be a significant market catalyst.
Dudley Changes His Mind, Says “Fed Needs To Cut Rate Now” To Avoid Recession
Citing the McKelvey recession indicator, former NY Fed President Bill Dudley, wants the Fed to cut rates now. It’s too late Bill, recession has started.