Category Archive: Finance, No picture
DeepSeek Shows Us That Big Is Bad
Image Source: Unsplash Just as Oscar Wilde said it would take a heart of stone not to laugh at the death of Little Nell, so one cannot help giggling that a Chinese inventor with a small team and modest resources has by his open source DeepSeek AI system outsmarted the behemoth “geniuses” that came up with […]
Palantir Earns ‘GameStop With A Brain’ Tag Ahead Of Q4 Report
Image Source: Unsplash Palantir Technologies Inc (Nasdaq: PLTR) is slated to report its earnings for the fourth quarter on February 3rd after the bell.The AI-enabled data analytics company is expected to see its revenue pop another 27% on a year-over-year basis while the adjusted earnings are projected to hit 11 cents a share – up 37%.Ahead of […]
Bitcoin nears $100K as Trump pauses Mexico tariffs for one month
Key Takeaways Bitcoin surged to nearly $100K after recovering from a drop below $92K, following Trump’s announcement to pause Mexico tariffs for one month. Markets remain volatile as details of established tariffs with Canada and China keep traders on edge. Share this article Bitcoin is nearing the $100,000 mark after a sharp rebound fueled by […]
AMD: A Strong Contender In The AI Boom, But Is It A Buy?
Image Source: Unsplash Unless you’ve been living under a rock, you’ve heard about the rise of machine learning and artificial intelligence (ML/AI) as transformative computing tools.It took off with OpenAI’s release of ChatGPT in 2022. In just two and a half years, we’ve seen an explosion of powerful general-purpose chatbots from Meta, Google, Anthropic, and others, […]
Despite Bitcoin Crash, Bitwise Predicts ‘Violent’ Surge Amid Trump’s Tariffs
Image Source: Unsplash The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump’s announcement of new trade tariffs. The administration levied a 25% tariff on most imports from Canada and Mexico, added a 10% tax on Chinese goods, and imposed a […]
Revenues & Tariffs – The Art Of The Deal. The Corn & Ethanol Report
We kicked off the day with S&P Global Manufacturing PMI Final 8:45 A.M., ISM Manufacturing PMI, ISM Manufacturing Employment, Construction Spending MoM, ISM Manufacturing New Orders, and ISM Manufacturing Prices at 9:00 A.M. Export Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M., Fed Bostic Speech at 11:30 A.M., Loan Officer Survey […]
S&P 500 Earnings Dashboard 24Q4 – Monday, Feb. 3
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q4 Y/Y earnings are expected to be 11.6%. Excluding the energy sector, the Y/Y earnings estimate is 14.8%. Of the 181 companies in the S&P 500 that have reported earnings to date for 24Q4, 75.7% reported above analyst expectations. This compares to a long-term average of 67%. The 24Q4 Y/Y blended revenue growth estimate is 4.6%. If the energy sector is […]
Auto Stocks Decline On Tariff News; Ford Sees Hope In Domestic Production
Image Source: Unsplash The recent announcement of a new tariff policy framework by President Donald Trump has sent ripples through the global automotive industry, affecting stock prices and strategic planning for major automakers.The policy, set to take effect on February 4, 2025, introduces tariffs on goods from Mexico, Canada, and China, with potential targets in the European Union.This […]
Crypto crashes could wipe out up to $10 billion in leveraged positions, says Bybit CEO
Key Takeaways Bybit CEO estimates crypto liquidations could reach up to $10 billion. API limitations can cause discrepancies in reported liquidation data. Share this article Bybit CEO Ben Zhou estimates total crypto liquidations across exchanges could reach between $8 billion and $10 billion. According to Zhou, his platform alone recorded $2.1 billion in liquidations in […]
SP500 Weekly Action Areas & Price Targets – Monday, Feb. 3
Image Source: Unsplash In this update, we review the recent price action in the emini SP500 futures contract and identify high-probability action areas and price objectives for the week ahead.Video Length: 0:11:52More By This Author:Daily Market Outlook – Monday, Feb. 3FTSE Posts Best Month In Two YearsDaily Market Outlook – Friday, Jan. 31
