In light of President Trump’s trade tariffs, Bitcoin’s resilience is highlighted by Bitwise Asset Management, suggesting it could thrive regardless of the trade war’s outcome. If Trump successfully weakens the dollar, Bitcoin may attract significant investment as risk appetite grows. Conversely, a prolonged trade conflict could lead to extensive monetary stimulus, historically beneficial for Bitcoin as investors seek alternatives to traditional assets.
about Bitcoin's Resilience Amid Trump's Trade War and Economic ChallengesJeffrey
0 posts last weekStock Futures Steady as Tech Earnings and Fed Rates Influence Market
U.S. stock futures remained stable as investors assessed earnings from major tech firms, with Meta Platforms and Tesla seeing gains, while Microsoft shares fell. The Federal Reserve’s decision to maintain interest rates has left the market in a calm state, despite ongoing inflation concerns. Upcoming economic data includes GDP figures and jobless claims, with a focus on the personal consumption expenditures price index report.
about Stock Futures Steady as Tech Earnings and Fed Rates Influence MarketMarket Update Applied Digital Soars Eli Lilly and Signet Jewelers Struggle
Applied Digital shares surged after Macquarie Asset Management announced a potential $5 billion investment in its HPC data centers. In contrast, Eli Lilly’s stock fell nearly 7% following a lowered revenue forecast for 2024, while Boeing faced challenges with declining plane deliveries, leading to a 2% drop in its shares. H&E Equipment’s stock more than doubled after a $4.8 billion acquisition by United Rentals, and Signet Jewelers saw a 22% plunge due to weak holiday sales and lowered guidance.
about Market Update Applied Digital Soars Eli Lilly and Signet Jewelers StruggleUS Stocks Mixed as Traders React to Fed Minutes and Rate Outlook
US stocks closed mixed as traders digested the Fed’s December meeting minutes, which highlighted inflation risks linked to Trump’s trade policy. Investors are anticipating one to two rate cuts in 2025, with a near-100% chance of a pause at the January meeting. Attention is now on Friday’s jobs report, which could influence future rate decisions.
about US Stocks Mixed as Traders React to Fed Minutes and Rate Outlook