YOU WONT BELIEVE: Christopher waller - What They Never Told You

OpenAI's Revenue Was Lower Than Previously Reported. Stocks Dropped Dragged by AI Names.

OpenAI told investors its annualized revenue hit about $50 billion at the end of September, lower than the $68 billion reported last month.

International Business Times · 2h ago

Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yields

US equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI's revenue performance. The Nasdaq 100 and S&P 500 saw declines as the yield on the 10-year Treasury rose. Additionally, increased oil prices and energy supply fears contributed to market pressure. Federal Reserve comments indicated potential for further…

The Economic Times · 2h ago

Stocks Pressured by Soaring Crude Oil Prices

The S&P 500 Index ($SPX ) (SPY ) is down by -0.26% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.42%. December E-mini S&P futures (ESZ26 ) are down -0.30%, and December E-mini...

Barchart · 7h ago

US inflation picked up as gas prices marched higher due to conflict in the Middle East

US inflation held at 3.4% in August from a year earlier, while monthly consumer prices accelerated 0.4% as renewed Middle East fighting pushed up gasoline costs. Core inflation eased to 2.4% annually but rose 0.3% monthly, adding uncertainty over whether the Federal Reserve will raise interest rates next week.

The Economic Times · Sep 11

Inflation report lands amid spiking oil prices, rising interest rates and Fed on fence

Friday’s inflation report is shaping up to be among the most consequential in years

The Independent UK · Sep 11

US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb

Wholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are keeping costs elevated. This rise in producer prices could influence the Federal Reserve's upcoming interest rate decision. Consumers are experiencing more expensive gas, groceries, and other essential items. The…

The Economic Times · Sep 10

Dollar bounces on job gains, then pares ahead of CPI

The U.S. job market showed surprising resilience in August, adding 162,000 positions—far beyond what analysts anticipated. This result has led to heightened expectations for a Federal Reserve rate increase in September. However, the dollar softened slightly as traders now focus on looming inflation reports. Wages saw a year-over-year uptick of…

The Economic Times · Sep 5

Bitcoin climbs nearly 4% to $81,000 as ETF inflows, strategy buying support rally

Bitcoin climbed above $81,000, supported by U.S. spot ETF inflows and renewed buying by Strategy, while Ethereum and major altcoins also advanced. Experts remained broadly bullish but flagged stretched momentum, with Bitcoin’s daily and hourly RSI in overbought territory and key resistance around $81,000-$81,500 and $83,300.

The Economic Times · Sep 4

US Fed rate cut bets fall below 50% after Governor Chris Waller’s comments. What did he say?

Expectations of a US Federal Reserve rate cut at its September 16 meeting have weakened sharply, with traders now pricing in less than a 50% chance of a reduction, according to CME FedWatch data. Comments from Fed officials, including Christopher Waller and Kevin Warsh, have reinforced uncertainty over the policy…

The Economic Times · Sep 4

Asian benchmarks mostly rise after tech stocks lead rally on Wall Street

Asian shares are mostly higher as regional market sentiment got a boost from the rally on Wall Street, led by tech stocks

The Independent UK · Sep 4