Bitcoin has reclaimed the $63,000 level after adding 2.5% to its value in the last 24 hours. However, the rally could be short-lived amid declining institutional and retail participation. New investors are increasingly sitting on unrealized losses, according to a Glassnode report published Wednesday. The data suggests that Bitcoin’s rally last month may now be
Anthropic’s Claude Mythos Preview was not designed as a stock picker, a credit analyst, or a trading assistant. The model sits in a more uncomfortable corner of artificial intelligence: cybersecurity. Anthropic says Mythos can identify and exploit previously unknown software vulnerabilities across major operating systems and browsers. For banks, asset managers, insurers, exchanges and payment
The long-awaited public debut of SpaceX has finally arrived, triggering one of the sharpest divisions among market experts in recent memory. The Elon Musk-led space company is expected to price its initial public offering on Thursday before beginning trading on Friday. With an anticipated valuation of roughly $1.75 trillion, SpaceX would instantly become one of
Litecoin (LTC) remains under heavy pressure, trading below $43 on Wednesday following a massive decline last week. The broader trend across the market remains weak, and LTC continues to underperform as bearish sentiment builds in derivatives and spot markets. Concerns are rising that LTC could soon test the $40 psychological level, with momentum still tilted
Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company’s quarterly earnings report. Investors are closely watching whether Oracle’s rapid expansion in artificial intelligence infrastructure can justify its rising debt levels and negative free cash flow. The company’s results arrive at a critical moment for the broader AI sector. Investor
The Dow Jones Index has wavered in the past few days as the recent bullish momentum stalled and concerns in the stock market remained. It was trading at $50,877 on Tuesday, a few points below the year-to-date high of $51,642. This article highlights some of the top risks facing the Dow Jones and the DIA
Inflation in the United States accelerated in May, largely driven by rising energy prices, while underlying price pressures remained relatively contained, according to data released by the US Bureau of Labor Statistics. The Consumer Price Index for All Urban Consumers, a broad measure of prices paid by consumers for goods and services, increased 0.5% on
Shares of Super Micro Computer (SMCI) fell sharply in premarket trading on Wednesday. The decline came after the server maker announced plans to raise $7 billion through a series of equity and equity-linked financing offerings to support growing demand for artificial intelligence infrastructure. The stock dropped 11.4% to $36 in premarket trading. The decline came
The Schwab US Dividend Equity (SCHD) ETF has held steady in the past few days, even as the broader stock market has remained on edge, with the S&P 500 and Nasdaq 100 indices being in a freefall. SCHD was trading at $32.30, a few points below the year-to-date high. Here are some of the top
US stocks moved lower on Wednesday as investors grappled with renewed geopolitical tensions in the Middle East, continued weakness in semiconductor stocks, and concerns that inflation could keep the Federal Reserve on a cautious path. The Dow Jones Industrial Average was down by 334 points. The S&P 500 index fell about 0.57%, while the Nasdaq