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edges lower to $98k amid broader crypto rout By Investing.com
Finance

edges lower to $98k amid broader crypto rout By Investing.com

Investing.com– Bitcoin fell on Tuesday, extending losses and headlining declines among broader cryptocurrencies as risk sentiment soured amid increased geopolitical tensions and uncertainty over U.S. interest rates. Bitcoin was also subject to a heavy dose of profit-taking after making new highs above the coveted $100,000 level last week. Traders were also seen locking in gains

Deportation, DOGE… TD Cowen lists 7 priorities for the Trump administration By Investing.com
Finance

Deportation, DOGE… TD Cowen lists 7 priorities for the Trump administration By Investing.com

Investing.com — TD Cowen outlined what it believes are the seven key priorities for the Trump administration in a note Tuesday, emphasizing a bold, America-centric agenda. Central to this vision is “Deglobalization” or the “America First” strategy, aiming to bolster domestic manufacturing with protective measures like tariff barriers and border walls. Energy is also said to

Bitcoin in the 95K-98K price range remains attractive for investors: Bernstein By Investing.com
Finance

Bitcoin in the 95K-98K price range remains attractive for investors: Bernstein By Investing.com

Investing.com — remains an “attractive” investment in the $95,000 to $98,000 price range for investors looking at a six-to-twelve-month horizon, according to Bernstein analysts, who maintain a 12-month price target of $200,000 for the cryptocurrency. Bitcoin has surged 27% over the past 30 days, hitting several subsequent all-time highs. After surpassing $100,000 last week, Bitcoin

US bullish positioning continues to extend, Citi analysts say By Investing.com
Finance

US bullish positioning continues to extend, Citi analysts say By Investing.com

Investing.com — Bullish positioning in the US continues to gain momentum, despite a very mixed macro backdrop, according to Citi strategists. Recent payroll data indicates a weakening trend in labor markets, which Citi’s economists suggest could prompt the Federal Reserve to consider more rapid and significant rate cuts. Risk flows were particularly evident in the

Oracle’s results, TSMC, Ashtead’s move
Finance

Oracle’s results, TSMC, Ashtead’s move

Investing.com — Wall Street is seen trading in tight ranges Tuesday, with Oracle the main focus after the tech giant missed elevated revenue growth expectations. Chipmaker TSMC has continued to impress, while Ashtead eyes a New York listing.  1. Oracle suffers from high expectations Oracle (NYSE:) released its fiscal second-quarter results after the close of

Asia stocks jump on China stimulus optimism, RBA holds rates steady By Investing.com
Finance

Asia stocks jump on China stimulus optimism, RBA holds rates steady By Investing.com

Investing.com– Most Asian stocks jumped on Tuesday with Chinese shares rallying on optimism around more stimulus measures from the world’s second largest economy, while the Reserve Bank of Australia held interest rates steady, as expected. China has committed to implementing more proactive fiscal stimulus measures and adopting moderately looser monetary policies in 2025, the government

S&P 500 closes lower as Nvidia, AMD lead dip in tech By Investing.com
Finance

S&P 500 closes lower as Nvidia, AMD lead dip in tech By Investing.com

Investing.com — The S&P 500 closed lower Monday, pressured by Nvidia-led weakness in tech just days ahead of key inflation data. At 4:00 p.m. ET (21:00 GMT), the was fell 240 points, or 0.5%, while the index fell 0.6%, and the slipped 0.6%.  Nvidia, AMD drag down tech NVIDIA Corporation (NASDAQ:)  stock fell 2.6% after China launched

S&P 500 closes lower as tech stumbles despite Alphabet jump By Investing.com
Finance

S&P 500 closes lower as tech stumbles despite Alphabet jump By Investing.com

Investing.com – The S&P 500 closed lower for the second-straight session as tech continued its wobble despite a jump in tech heavyweight Alphabet, a day ahead of key inflation data.   At 4:00 p.m. ET (21:00 GMT), the fell 142 points, or 0.3%, while the  index fell 0.3% and the fell 0.2%.  Oracle pressures tech sector

Why there’s a clear path for the Santa Rally By Investing.com
Finance

Why there’s a clear path for the Santa Rally By Investing.com

Investing.com — The much-anticipated Santa rally seems set to continue, driven by a combination of “Goldilocks” economic data, supportive Federal Reserve policies, and solid earnings results, according to Sevens Research. Key economic indicators released last week offered a balanced view of growth and stability, according to the firm. They noted that the ISM Manufacturing PMI improved

4 reasons why S&P 500 multiple is ‘justifiably elevated’: UBS By Investing.com
Finance

4 reasons why S&P 500 multiple is ‘justifiably elevated’: UBS By Investing.com

Investing.com — UBS noted on Monday that at 22.2x, the ‘s price-to-earnings (P/E) ratio is 1.5 standard deviations above its 30-year average, raising concerns about lofty valuations. However, the investment bank argues that these high multiples are underpinned by rational, fundamental factors rather than mere investor exuberance. Shift Toward Technology: The bank said the S&P 500’s