Sat, July 06, 2024

Ashley Emerson

parent, China tightens limits on online video games for kids

Investing $100: Intel, Nvidia, and More Tech Stocks

Quick Overview: Intel (INTC): Strong in AI and semiconductors, priced at $35/share; attractive for innovation but watch for supply chain and tech advancements risks. Palantir (PLTR): AI-driven data analysis, under $10/share; high potential but volatile due to youth and unique business model. PubMatic (PUBM): Programmatic advertising, $25/share; growing sector but faces intense competition and industry …

Investing $100: Intel, Nvidia, and More Tech Stocks Read More »

crypto, jasmycoin

Short-Term Crypto Price Trends in Inflationary Times

Quick Overview Federal Reserve’s Cautious Shift: Inflation easing but still above the 2% target, requiring careful policy balance. Robust US Economic Activity: Continued expansion driven by consumer spending, investments, and labour market recovery. 2024 Growth Outlook: Expected slower growth indicates economic stabilisation post-rapid recovery. Impact of Declining Inflation: Positive for risk assets and Bitcoin, enhancing …

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dollar, usd/cad-american-canadian-dollars

Currency Shifts and Employment Reports: Key Market Drivers

Quick Look: UK Elections Impact: Stirring currency markets; GBP-related pairs are volatile. USD Weakness: Significant fall affecting gold and silver prices; CHF also dips. Gold and Silver Analysis: Mixed signals on charts; bearish trends forming. CHFJPY Strategy: Potential long opportunity; wait for confirmation. Upcoming Reports: NFP and Canadian employment figures to drive market volatility. As …

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Sugar closes at a one week low on concerns about increased brazil output

Global Sugar Market Dynamics: 2023/24 Key Figures

Quick Overview Price Trends: October saw slight declines in New York and significant drops in London sugar markets. India’s Challenges: India faces production hurdles and extended export restrictions to maintain domestic supply. Weather Impact: Brazil and India struggle with adverse weather affecting sugarcane yields. Currency and Production: A weak Brazilian real boosts exports; production is …

Global Sugar Market Dynamics: 2023/24 Key Figures Read More »

Weekly Market Overview: Forex, Stocks, Crypto, Commodities. Kucoin, CFTC

CFTC Wins $120.6M Case Against Crypto Fraudsters

Quick Look: The Illinois District Court ruled in favour of the CFTC against Sam Ikkurty and Ravishankar Avadhanam for a Crypto Ponzi scheme. Ikkurty promised 15% annual returns, attracting over $44 million from 170+ victims through deceptive platforms. Ikkurty must pay $120.6 million in penalties and lose personal Bitcoin holdings to a hack. The case …

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Immediate Diamox Ai

Figma Disables AI Tool After 4th July Copycat Claims

Quick Look: Figma temporarily disabled its “Make Design” AI due to copycat concerns. The AI was accused of mimicking Apple’s Weather app design elements. CEO Dylan Field denied heavy training on existing designs and blamed design systems. Warning issued to designers about potential legal risks of using AI-generated designs. Figma conducts a comprehensive QA review …

Figma Disables AI Tool After 4th July Copycat Claims Read More »

cryptocurrency - avalanche, celestia, mog coin, netcoin, bitcoin

Bitcoin Dips Below $58K on Coinbase, Lowest in 2 Months

Quick Look: Bitcoin dropped below $58,000 on Coinbase for the first time in two months, causing social media buzz; Fear of a $9 billion Bitcoin offload by Mt. Gox is unsettling the market, potentially paving the way for a future rebound;  The Crypto Fear and Greed Index indicates a cautious market mood, with a score …

Bitcoin Dips Below $58K on Coinbase, Lowest in 2 Months Read More »

USD - Reflections and lessons learned US

US Dollar Rises Despite ISM PMI Drop to 48.5

Quick Look: The USD rises despite weaker ISM manufacturing data, showing strength in the DXY index. Markets await the June jobs report, which is crucial for the Federal Reserve’s future policy decisions. US elections impact market dynamics, with a potential Trump presidency seen as positive for the USD. The DXY index shows bullish momentum, targeting …

US Dollar Rises Despite ISM PMI Drop to 48.5 Read More »

night scenic view at Istudio Apple store.

Apple’s Phil Schiller Joins OpenAI Board as Observer

Quick Look: Apple appointed Phil Schiller as a non-voting observer on OpenAI, indicating strategic interest in AI. Apple plans to integrate ChatGPT into iOS and macOS, boosting Siri’s capabilities and user experience. Microsoft also holds a non-voting observer position on OpenAI’s board, adding competitive dynamics with Apple. Apple and Microsoft’s board roles foster a unique …

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The weakened dollar index approved an increase in the price of raw materials/ aluminium

Aluminium Production Hits 3.65M Tons in May 2024

Quick Look: Aluminium production hit a record 3.65 million metric tons, a 5% year-on-year increase.  Increased aluminium production has tightened the alumina market, pushing prices to 3,910 yuan per ton. Improved rainfall in Yunnan Province alleviated power shortages, boosting production to 1.15 million tons. Concerns over bauxite supply from Guinea and environmental inspections have driven …

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Последние тенденции Bitcoin: Падение на 1,35 % за 24 часа

Bitcoin’s Recent Trends: 1.35% Drop in 24 Hours

Quick Look: Bitcoin fell 1.35% in 24 hours and 9.2% over the past month, 16% below its all-time high. The LTH inflation rate of 1.9 indicates increased confidence among long-term holders. There’s significant on-chain activity due to Mt. Gox’s upcoming $9 billion Bitcoin repayment, underlining the urgency and importance of the situation. The renowned cryptocurrency …

Bitcoin’s Recent Trends: 1.35% Drop in 24 Hours Read More »

U.S. dollar declined on Thursday. What about currency Euro and Yen?

Currency Markets Surge: Yen at 161.94, Euro at 1.0761

 Quick Look: Currency’s Historic Drop: On July 2, 2023, the yen hit lows of 161.94 against the US dollar and 173.80 against the euro, driven by expectations of a dovish stance from Japan’s central bank. US Dollar Fluctuations: Dovish comments from Fed Chair Powell caused the dollar index to slip to 105.61 despite solid domestic …

Currency Markets Surge: Yen at 161.94, Euro at 1.0761 Read More »

Signage of Apple company in front of apple store.

Apple Unveils Free AI: Apple Intelligence at WWDC 2024

Quick Look: Apple Intelligence will start free, aiming to build a broad user base without financial barriers. The future premium version, “Apple Intelligence+”, offers advanced features for a subscription fee. Apple Intelligence will be seamlessly integrated into iOS 18 and macOS 15, significantly enhancing the user experience across all Apple devices. June 2024 saw a …

Apple Unveils Free AI: Apple Intelligence at WWDC 2024 Read More »

oil, India

Russian Oil Imports Surge to 2.13 Million BPD in India

Quick Look: In June, India imported 2.13 million barrels per day of Russian oil, nearing a record high. Saudi oil imports dropped by 25%, the lowest over a decade. India aims to reduce dependence on any single region, enhancing energy security. Continued reliance on Russian crude is expected if price and geopolitical factors remain favourable. …

Russian Oil Imports Surge to 2.13 Million BPD in India Read More »

Stocks and tensions, US Market

US Market Indices React to Anticipated Jobs Data

Quick Look: The S&P benchmark fell 12 points mid-morning, reflecting market anxiety over upcoming jobs data. Major US indexes fell due to Fed rate hike fears but rebounded, showing market resilience. The S&P 500 surged 29% from October’s low, marking a 15% rise year-to-date. Dow Jones rose by 3.7%, while Nasdaq soared by 20%, highlighting …

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