Category Archive: Cryptocurrency, No picture
EOS Network unveils new token model with fixed supply of 2.1 billion tokens
EOS Network Foundation (ENF) announced today the adoption of a new tokenomics model for the EOS Network. Set for implementation on the mainnet tomorrow, the new token model introduces a fixed supply of 2.1 billion EOS tokens, moving away from the previous inflationary model with a 10 billion cap. “The choice of 2.1 billion tokens […]
Are Prices About To Get Better For Car Buyers?
Image Source: Unsplash If you’re planning on possibly purchasing or selling a car in the near future, or just curious about how the latest action in the auto market are impacting your current car’s value, you’ll want to listen up to today’s guest.We’re fortunate to be joined today by auto expert and car dealership owner Yossi Levi, who will give us […]
Franklin Templeton files updated S-1 form for its Ethereum ETF, sets 0.19% management fee
Franklin Templeton has filed an updated S-1 form with the Securities and Exchange Commission (SEC) for its anticipated Ethereum exchange-traded fund (ETF), setting a competitive management fee at 0.19%.The recent filing comes as the SEC has called on ETF issuers to finalize their S-1 forms by the end of the week. Insiders familiar with the […]
Q1 2024 U.S. Retail Scorecard – Friday, May 31
Image Source: Unsplash To date, 180 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 90% of the index. Of those companies that have reported their quarterly results, 73% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 26% reported earnings that fell below estimates. […]
Another Day, Another Head Fake
Image Source: Pexels Today’s activity is not as egregious as last Thursday’s, but it is cut from the same cloth. Last week, we saw a solid pre-opening rally on the back of Nvidia (NVDA) earnings that peaked immediately after the bell rang, only to close over -1% lower. This morning, thanks to a PCE Core Deflator […]
Let’s Get Real On U.S. Rates
The 10yr yield you see on your screen today at 4.5% feels high as its come from very low levels, and indeed is well above the 15yr average. But, forget the past decade-and-a-half for anchor points, as that was not normal. We show in fact that 4.5% is neutral. We can get down to 4% in […]
Will Tech Stocks Turn Bearish Here?
Image Source: Unsplash Technology stocks have continue to lead the broader market higher in 2024, posting new high after new high.At the same time, this is the very reason we watch the Nasdaq-related indices very closely with each pause in the market. When leadership is strong, the market tends to remain strong. BUT, when leadership starts […]
Softs Report – Friday, May 31
COTTON General Comments: Cotton was sharply lower yesterday on follow-through selling. USDA said that 60% of the US crop was rated good to excellent on Tuesday afternoon. The weekly export sales report showed much improved sales last week. Wire reports indicate that speculators were covering short positions. Big storms are reported in Texas that could […]
OpenAI Introduces ChatGPT Edu
Image Source: Unsplash OpenAI has launched ChatGPT Edu, a specialized version of ChatGPT designed for universities. Powered by GPT-4o, this tool offers advanced capabilities in text and vision reasoning, data analysis, and enterprise-level security.According to OpenAI, universities have already begun successfully integrating ChatGPT into academic and operational tasks. For instance, Columbia has developed community-based strategies to […]
Lady Columbia Is Angry. The Corn & Ethanol Report
We kicked off the day with Export Sales, Core PCE Price Index MoM & YoY, PCE Price Index MoM & YoY, Personal Income MoM, and Personal Spending MoM at 7:30 A.M., Chicago PMI at 8:45 A.M., Baker Hughes Oil & Total Rig Count at 12:00 P.M., and Fed Bostic Speech at 5:15 P.M.Photo by Waldemar on Unsplash The […]
