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What The Rise Of Perplexity Represents

What The Rise Of Perplexity Represents

Credit: DALL-E, modified by The Media Copilot It was a big week for practical AI. Besides the Perplexity news — a tool millions of people use every day — there was also the real-world debut of the Rabbit r1 AI gadget, Adobe’s advanced AI features that arrived in the new Photoshop beta (our early impression: they’re much […]
BlackRock’s BUIDL overtakes Franklin Templeton’s FOBXX in tokenized fund race

BlackRock’s BUIDL overtakes Franklin Templeton’s FOBXX in tokenized fund race

BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has surpassed Franklin Templeton’s Franklin OnChain US Government Money Fund (FOBXX), to become the world’s largest equity tokenized fund, with $375 million in assets under management (AUM) as of April 30, according to data from Dune Analytics.As of April 28, Franklin Templeton’s FOBXX held the previous […]
What The Heck Just Happened

What The Heck Just Happened

Today‘s detailed analysis across all asset classes incl. lengthy intraday channel summary will be reserved for paying clients – that important was what we experienced yesterday, the whys and hows. Bringing immediate and far reaching consequences – I‘ll spend most time of today‘s regular regular session and preceding economic data releases on Telegram and then […]
USD/CAD Price Analysis: Evident Policy Outlook Divergence

USD/CAD Price Analysis: Evident Policy Outlook Divergence

The USD/CAD price analysis turned bullish as data from Canada and the US underscored the widening gap in policy outlooks between the Fed and the BoC. Meanwhile, investors are awaiting the FOMC policy meeting. On Tuesday, data from Canada revealed a smaller-than-expected 0.2% expansion in the economy in February. Moreover, estimates for Q1 growth came in […]
USD/CAD Analysis: Anxious Speculative Wagers As Higher Realms Touched

USD/CAD Analysis: Anxious Speculative Wagers As Higher Realms Touched

Another dose of nervousness has hit USD/CAD traders as the currency pair tests short-term highs and is within grasp of apex values seen in the middle of April. Yesterday’s GDP numbers from Canada came in below expectations, which essentially put the Bank of Canada into the same difficult position the U.S Federal Reserve is battling. […]
Bitcoin Price Dips Below $58k For The First Time In 60 Days

Bitcoin Price Dips Below $58k For The First Time In 60 Days

Image Source: DepositPhotosThe BTC chart is depicting consistent downswings and dips which has now dipped below $58,000 for the first time in 60 days. This has added to the slowing market demand since the recent halving. The Long-term investors’ bearish activity has been the major reason for the price drop. Also, with BTC now trading […]
Bear Of The Day: Ashtead Group

Bear Of The Day: Ashtead Group

On the surface, Ashtead Group’s (ASHTY) robust bottom line as a premier construction and industrial equipment provider in the United States and United Kingdom may be very enticing.However, the market tends to sniff out companies that may not be able to deliver on their lofty expectations which can send a stock faltering if this materializes. Unfortunately, […]
Bitcoin momentarily drops below $57K hours ahead of Fed interest rate decision

Bitcoin momentarily drops below $57K hours ahead of Fed interest rate decision

In the lead-up to the upcoming Federal Reserve meeting, investor pessimism has significantly impacted the prices of Bitcoin and Ethereum.As of the time of writing, BTC has dropped 7.6%, and ETH is down 6% over the past 24 hours. The Bitcoin price is currently hovering around $57,000, while the Ethereum price is stuck at just […]
Share Price Of Alvotech Up 28%

Share Price Of Alvotech Up 28%

In my prior post from early April, I mentioned that I was closely watching if the OMXIPI and OMXI15, the two main benchmarks for the Icelandic stock market, are in the process of reversing their long-term trends from down to up. So far both indices have held key support levels with the moving averages still […]
Gold Price Remains On Tenterhooks With Eyes On Fed Policy Decision 
                    
 
 

Gold Price Remains On Tenterhooks With Eyes On Fed Policy Decision    

Gold price (XAU) trades close to a more than three-week low around $2,285 in Wednesday’s European session. The precious metal weakens as the US Dollar and bond yields strengthen amid firm speculation that the Federal Reserve (Fed) will opt for maintaining a restrictive interest rate environment for a longer period due to inflation remaining persistently higher […]