For stocks, is AI the Emperor’s new clothes?: McGeever
The shine may finally be coming off AI. As Big Tech stocks slump, small caps are gaining momentum. The...
Welcome to the Trending News section of Finblog.com, where we bring you only the most impactful and carefully selected news stories from the financial world. Our team of experts meticulously curates each article to ensure you receive the most relevant and significant updates that truly matter.
Why is Intel rising and other chip stocks falling?
Intel (NASDAQ) shares surged on Wednesday, hitting $37.16 after reports of potential U.S. trade restrictions on China’s access to...
U.S. Homebuilding Hits 8-Month Low Amid High Mortgage Rates
U.S. single-family homebuilding plummeted to an eight-month low in June due to soaring mortgage rates, suggesting the housing market...
Nasdaq hits two-week low in megacap tech, chip stocks rout
The Nasdaq dropped nearly 2% to a two-week low on Wednesday, with the S&P 500 also facing losses, as...
US stocks mixed; tech sector slumps on geopolitical worries
U.S. stocks traded mixed on Wednesday, with tech giants facing a significant pullback due to raised geopolitical tensions. At...
Trump Favored To Win By Polymarket Betters After Assassination Attempt
Polymarket bettors have their eyes on Donald Trump, placing his odds of winning the November 2024 election at 69%,...
Bitcoin Price Prediction: Surges Above $65,500 Amid Bullish Market Sentiment
Bitcoin (BTC), the world’s leading cryptocurrency, has extended its rally, soaring above $65,500 and reaching an intra-day high of...
AUSTRAC Warns of Rising Crypto Money Laundering Risks in Australia
The Australian Transactions and Reports Analysis Centre (AUSTRAC) has issued a stark warning about increasing crypto money laundering risks,...
LiFi Protocol Under Attack with Over $10 Million Drained
The Li.Fi protocol, an API for EVM and Solana swaps, has suffered a major security breach, stealing over $10...
Shopify turning a corner on balanced growth
Bank of America analysts upgraded Shopify (NYSE) to a Buy rating, raising the price target to $82 from $78....