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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Oil steady as players take stock of Middle East supply concerns
Oil prices were steady in early trading on Friday as investors weighed supply
concerns in the Middle East against signs of weakened demand.
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US stock futures rise as Nvidia losses ease; PCE inflation awaited
U.S. stock index futures rose in evening deals on Thursday as a rout in
technology stocks eased after earnings from Nvidia Corp showed artificial
intelligence-fueled demand still remained in play.
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133,300 BTC Scooped up by Major Bitcoin Holders: Details
According to on-chain analytics firm Santiment, wallets holding between 10 and
10,000 BTC have collectively scooped up an additional 133,300 BTC over the past
month.
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US dollar gains for 2nd day after GDP backs smaller Fed cut
The U.S. dollar rose for a second straight session on Thursday after data showed
the world's largest economy grew a little faster than expected in the second
quarter, modestly reducing expectations for a larger 50 basis-point (bp) rate
cut next month by the Federal Reserve.
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$58,900 Perfect for Bitcoin (BTC), Here's Why
The current price of Bitcoin is at roughly $58,900. This seems to be a good
place for big investors, or whales and sharks, as Santiment's data suggests.
These holders who oversee wallets holding between 10 and 10,000 BTC have been
adding coins to their holdings steadily over the past month,
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Apple moves to top AI pick at Citi, above Nvidia, Arista Networks
Citi analysts on Thursday moved Apple stock to their “top AI pick” going into
2025, above Nvidia (NASDAQ:NVDA) and Arista Networks (NYSE:ANET).
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