The August Consumer Price Index (CPI) report, due September 11, is critical for the Federal Reserve's decision on interest rates in September. Fed officials, including Governor Waller and Chair Warsh, emphasize a data-driven approach, indicating that only a significant drop in inflation could prevent a rate hike. Market consensus expects a strong CPI increase, with headline inflation forecasted at 0.4% month-over-month and 3.4% year-over-year, driven by services and energy costs. The current 2-year Treasury yield near 4.4% suggests tighter monetary policy ahead, historically signaling further Fed rate increases.
Jonathan Meléndez, a member of the Mexican rock band Camilo Séptimo, his pregnant wife, their young daughter, and their housemaid were killed in a violent attack linked to Meléndez's $1.5 million Bitcoin hardware wallet. The suspects, including an as...
X-energy (XE) is advancing as a nuclear technology platform with proprietary TRISO-X fuel and reactor services, aiming for $1.8 billion in annual revenue by 2032 and over 42% gross margins. Its pipeline includes major companies such as Dow, Amazon, a...
SmartCentres Real Estate Investment Trust (REIT), one of Canada's largest with nearly C$11 billion in properties, is trading close to its net asset value (NAV) at a fair value of C$35 per unit. Its adjusted funds from operations (AFFO) comfortably co...
Peter Brandt, a veteran analyst, has revived his 2019 logarithmic chart predicting Bitcoin's parabolic rise, coinciding with Bitcoin nearing $80,000 and testing resistance at $82,000. His model, originally forecasting $100,000 when Bitcoin was around...
Nvidia's latest AI chips deliver significantly higher performance than China's best, Huawei's Ascend 910C, which is less than half as powerful as Nvidia's three-year-old H200 chip. Nvidia has since advanced through multiple chip generations, with its...
