IREN Stock Declines 3.3% as Investors Seek Concrete AI Evidence
IREN stock dropped 3.3% as co-CEO acknowledged market now requires delivered capacity, not just deals.
Crypto, forex and global macro markets — insight to help you spot the opportunity
IREN stock dropped 3.3% as co-CEO acknowledged market now requires delivered capacity, not just deals.
Rising 10-year Treasury yields near 4.85% pressure GOP midterm strategy as Trump pledges $5,000 payments amid debt concerns.
ANZ expects ECB to hike again in December to 2.75% deposit rate; ING calls it an insurance move.
Friday's August CPI report, the final inflation data before the Fed's meeting, is expected to decide rate hike odds after PPI raised them above 70%.
Lagarde's Saturday apple festival speech may reinforce her inflation stance two days after ECB rate rise.
Analyst Ben Cowen warns that Anthropic's IPO might divert investor attention, potentially stalling Bitcoin's rally.
Dan Ives says software stocks got their clearest buy signal in months, citing Oracle's earnings as a turning point.
Reuters sees PBOC's USD/CNY reference rate at 6.7174, with the fixing viewed as braking the yuan's pace rather than reversing its uptrend.
Japan's wholesale inflation stayed hot in August, reinforcing expectations that the Bank of Japan will raise rates next week.
Asian markets fell Friday as US inflation data and higher bond yields fueled rate hike expectations, with oil prices also surging.