Long-term U.S. Treasury yields have risen significantly, with the 30-year yield above 5% and the 10-year near 4.6%, pressuring stock valuations. The recent Trump-Xi summit failed to resolve key geopolitical and inflation risks, leaving uncertainties in place. In response, the portfolio manager is reducing equity exposure from 100% to 75%, cutting high-beta tech stocks like semiconductors and memory, while increasing allocations to healthcare, pharmaceuticals, and select low-P/E consumer staples. This shift reflects caution amid rising interest rates and unresolved global risks.
SpaceX signed a $920 million monthly compute-leasing agreement with Google, granting access to about 110,000 Nvidia GPUs through mid-2029. This deal, revealed just days before SpaceX's IPO, includes an exit clause for Google if SpaceX fails to delive...
AVAX price plunged to its lowest level since early 2021, falling to around $6.26 after a broad crypto market liquidation wiped out key support near $8. This drop followed Bitcoin briefly falling below $60,000, triggering leveraged long liquidations a...
Speculation about Amazon potentially integrating XRP has resurfaced due to unusual glitches in Amazon's app and rumors within crypto circles. Crypto commentator The Real Remi Relief suggested these glitches might hint at behind-the-scenes activity in...
DeXe (DEXE) surged nearly 36% on June 3 due to massive short liquidations and spot buying but retraced to $17.19 within 27 hours. This volatility was driven by overleveraged traders on both sides being liquidated. Despite the drop, DEXE bounced back ...
Russia's central bank will restrict retail investors to trading only Bitcoin, Ethereum, and USDT when new crypto regulations take effect next month. The bank cited high volatility and market risks as reasons for not expanding the list of approved cry...
