U.S. Futures Climb as Markets Await Key Inflation Data
Originally Published 3 months ago — by TipRanks
US stock futures are rising after recent declines caused by fears of an AI bubble, indicating a potential rebound in investor confidence.
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"Dogecoin's Rise and Bitcoin's Slide: Twitter Rebranding and Elon Musk's Influence"
Originally Published 2 years ago — by CoinDesk
Dogecoin (DOGE) saw a 5% increase following Twitter's rebranding announcement, while Bitcoin (BTC) slipped below $29,100. Elon Musk's Twitter is undergoing a rebranding to X.AI, sparking speculation about Dogecoin's potential role in the company. Bitcoin's decline led to a drop in other major tokens, with Tron (TRX), Polygon (MATIC), and Solana (SOL) also experiencing losses. Analysts attribute the lack of bullish news and a quiet summer market as factors contributing to Bitcoin's price decline, with some predicting a potential support level at $27,000.
The Troubling State of US Regional Banks: Lessons from First Republic's Failure.
Originally Published 2 years ago — by Financial Times
The rescue of First Republic Bank by a group of investors failed to stop the slide in US regional bank shares, which have been hit hard by concerns over the impact of low interest rates and the economic fallout from the pandemic. The rescue deal was seen as a sign of confidence in the sector, but investors remain cautious about the outlook for regional banks.