The SEC accepted several ETF applications related to Solana on Tuesday, increasing the likelihood of their approval. While ETF experts believe that Litecoin or Dogecoin ETFs are more likely to gain approval, the SEC appears to be prioritizing Solana. The most decisive factor for ETF approval is whether the SEC classifies a token as a […]
Today’s Stocks to Watch: Cleveland-Cliffs and Super Micro
Key Points To Watch Out For: Super Micro Computer (SMCI): Strong Sales Forecast Boosts Shares Super Micro Computer shares jumped 6% in premarket trading after the AI server company raised its sales guidance for fiscal 2026. This increase reflects the growing demand for technological infrastructure supporting artificial intelligence, a sector that continues to attract strong […]
US Stock Futures Slide Ahead of CPI Release, Powell to Speak Later
US stock index futures fell slightly on Wednesday ahead of the publication of the following key inflation data. Dow Jones futures fell 75 points, or 0.2%, S&P 500 futures fell 8 points, or 0.1%, and Nasdaq 100 futures fell 9 points, or 0.1%. Wall Street’s major indexes ended Tuesday with mixed results, as Federal Reserve […]
Dollar Consolidates Ahead of Key Inflation Report
The US dollar stabilized on Wednesday ahead of key inflation data that could shape the Federal Reserve’s future policy, following hawkish comments from Federal Reserve Chairman Jerome Powell. The dollar index, which measures the greenback’s strength against a basket of six other currencies, was trading slightly higher at 107.875 after posting some losses overnight as […]
Daily Technical Analysis EUR/USD: Gaining Strength as Markets Trend Upward
The EUR/USD recovered after three consecutive days in the red and closed above 1.0350, as market flows shifted, turning investors away from the dollar as a safe haven and boosting overall confidence. US President Donald Trump’s new tariff threats appear to be largely ignored by the markets, while Federal Reserve Chairman Jerome Powell has reiterated […]
Elon Musk Resurrects His Pseudonym ‘Harry Bōlz’ and Ignites a Memecoin Market Frenzy
Elon Musk, CEO of Tesla and SpaceX, has once again disrupted the cryptocurrency world with a simple alteration of his username on X (formerly Twitter). A memecoin known as HARRYBOLZ, named after the alias “Harry Bōlz,” skyrocketed by an astonishing 30,000%. The development has sparked a wave of speculation: is this a calculated move by […]
Today’s Stocks to Watch: Cleveland-Cliffs and Super Micro
Key Points To Watch Out For: Cleveland-Cliffs (CLF), United States Steel (X), Nucor (NUE), and Alcoa (AA): Impact of Tariffs Shares in Cleveland-Cliffs, United States Steel, Nucor, and Alcoa rose in the pre-market after the Trump administration introduced tariffs on steel and aluminum. This measure created bullish expectations in the industry, boosting sector values. By […]
US Stock Futures Fall, Consumer Inflation and Powell’s Comments in Focus
Futures for the main US stock indexes fell on Tuesday as investors digested President Donald Trump’s decision to impose tariffs on metal imports, ahead of Federal Reserve Chairman Jerome Powell’s testimony and key inflation data. At 05:15 ET (10:15 GMT), Dow Jones futures were down 90 points (-0.2%), S&P 500 futures were down 18 points […]
Dollar Holds Firm After Trump Tariffs; Sterling Falls
The US dollar stabilized on Tuesday after US President Donald Trump imposed tariffs on metal imports, triggering demand for the safe-haven currency amid concerns over a brewing trade war. The dollar index, which tracks the greenback against a basket of six other currencies, was trading virtually flat at 108.200. Dollar Remains in Demand Donald Trump […]
Outlook for the Week of February 10-14
Key Points to Watch Out For: Trump Stirs Up Markets with His Tariff Measures With the first central bank decisions of 2025 now behind us, this week is expected to be calmer. However, there is still plenty for investors to anticipate, with the all-important US CPI report on the agenda. This does not mean, of […]