• August 6, 2024

Bitcoin bulls predict new record highs following worst rout since FTX collapse

Bitcoin ( BTC-USD ) backers are doubling down on their predictions of new all-time highs for the world’s largest cryptocurrency after shaking off a rout that sent the digital asset tumbling as muc...

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• August 6, 2024

Wall Street economists say investor fears about recession are overblown

The market's response to the weak July jobs report has fueled concerns the Federal Reserve made a mistake holding rates at a 23-year high at their most recent meeting. And now, talk in some...

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• August 6, 2024

Disney earnings preview: Muted parks growth, streaming hurdles expected to weigh on results

Disney ( DIS ) will report its fiscal third quarter earnings before the bell on Wednesday as the company attempts to reach sustainable profitability in its streaming division and also stabilize de...

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• August 6, 2024

The Fed typically waits for a crisis to make 'inter-meeting' cuts. Some want it to do so now.

Some Fed watchers are urging the central bank to do something it rarely does: lower rates outside of a regularly scheduled policy meeting. The Fed has done so before, but typically during times o...

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• August 6, 2024

Google just lost a big antitrust trial. Now it has to face another.

Google ( GOOG , GOOGL ) lost a landmark antitrust trial this week, and now it has to defend itself against another perilous antitrust challenge that could inflict more damage. Starting in S...

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• August 6, 2024

Analysts: Oil prices 'have fallen too far' and are poised to go higher

Oil prices has been hovering near their lowest levels in seven months. Some analysts think the party may be over. On Tuesday, West Texas Intermediate ( CL=F ) climbed above $73 per barrel while...

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• August 6, 2024

Fox CEO: Venu Sports price of $42.99 'hits the right mark'

Venu Sports, the upcoming sports streaming partnership among Disney's ESPN ( DIS ), Warner Bros. Discovery ( WBD ), and Fox ( FOXA ), recently announced its price point of $42.99 a month. ...

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• August 6, 2024

Global Sell-off Takes a Breather – USD/JPY and ADU/JPY in Focus

FX Analysis: USD/JPY, AUD/JPY Markets show relief after yesterday's global sell-off USD/JPY sell-off pauses, but threat of the carry trade unwind remains AUD/JPY ...

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• August 6, 2024

Stock market news today: Stocks set for bounce back after 3-day rout as tech leads futures higher

US stocks were poised for a rebound from a three-day rout that has wiped out a healthy chunk of 2024's market gains. Futures tied to the S&P 500 ( ES=F ) were up 0.6%, while those on the tech-he...

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• August 6, 2024

Nasdaq 100, Dow and Dax rebound, but is there more to come?

​​​Nasdaq 100 stages dramatic rebound ​Yesterday saw a huge rebound off the lows of the session. Crucially, the price rebounded and held above the 200-day simple moving average (SMA), curre...

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