Mark Cabana of Bank of America highlights uncertainty around new Fed Chair Kevin Warsh's monetary policy stance ahead of the FOMC decision. Unlike previous chairs, Warsh is less familiar to the bond market, having been away from the Fed for 15 years. The market awaits clarity on whether Warsh will lean hawkish or dovish amid a resilient U.S. economy and disinflation pressures. Cabana expects no rate change today but notes volatility will hinge on Warsh's tone during the press conference, as markets try to gauge future hikes and policy direction.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
