Financial News

Market Outlook: Earnings show consumer spending remains resilient

Earnings results suggest consumer spending remains resilient, with selective opportunities in software and caution warranted on gold prices.

Trump taps ex-Fed insider Warsh to lead world’s top central bank

President Donald Trump on Friday chose former Federal Reserve governor Kevin Warsh to head the US central bank when Jerome Powell’s leadership term ends in May.

LSEG and ICB agree on Memorandum of Understanding

The agreement reinforces the long?standing partnership between two global financial institutions and creates a framework for expanding collaboration in capital markets, trading, clearing, data, RMB business, and emerging technologies

Norway's $2.2T Sovereign Fund Models 'AI Correction' Crashing Nvidia, Broadcom—And The Results Are Brutal

Norges Bank Investment Management (NBIM), which runs Norway's $2.2 trillion sovereign wealth fund, has modeled a brutal “AI correction” —and the stress test shows equities down 53%.What NBIM ModeledIn the fund's “AI correction” scenario, where the capex boom fails to produce real productivity gains, the model shows equities plummeting by 53% and the fund’s total value dipping by 35%, while fixed income increases by 10%. NBIM assumes central banks respond, pushing yields down. NBIM says market concentration makes this year's AI scenario more punishing—a bigger equity hit, only partly offset by bonds.The stakes are high because NBIM is the world's largest single stock owner, holding roughly 1.5% of all listed equities globally.Prediction Markets Price The “Bust” RiskOn Polymarket, the contract ...Full story available on Benzinga.com

Why SSR Mining Stock Just Dropped

Valued on earnings, SSR Mining stock looks like a buy. The cash flow picture is less clear.

Amazon Is Cutting 16,000 Jobs. Should You Buy, Sell, or Hold AMZN Stock Here?

Amazon will cut 16,000 corporate roles starting this week.

Bitcoin stuck in a rut after Warsh pick as ETFs shed billions

Bitcoin’s malaise contrasts with the surge in gold as investors seeking refuge from geopolitical uncertainty shun crypto

Gold and Silver Plunge as Wild Swings Rock Metals Markets

Who is Kevin Warsh? Here is what Trump nominee for Fed chair said about bitcoin and rates

Who is Kevin Warsh? Here is what Trump nominee for Fed chair said about bitcoin and ratesThe former Federal Reserve governor has invested in crypto firms, criticized bitcoin’s role as money and argued for a U.S. digital dollar.What to know:- President Donald Trump’s surprise nomination of...

Pomp: Forget Inflation, Deflation and De-dollarization Explain Bitcoin’s Price Action

Anthony Pompliano argues that deflation, not inflation, is Bitcoin’s real headwind and explains why institutions are racing to absorb crypto into legacy finance.

The record gold price reflects a deeper problem than recent global instability - Yahoo Finance UK

The record gold price reflects a deeper problem than recent global instability Yahoo Finance UKView Full coverage on Google News

Texas Data Centers, Crypto Miners Reduced Power During Storm

Electric Reliability Council of Texas Chairman Bill Flores said Thursday that some data centers and cryptocurrency miners voluntarily curtailed power use during the recent winter storm that strained the state’s grid and others across the country. Data centers supporting artificial ...