TheCryptagon
S&P 500 Slips Amid Government Shutdown, Trade Fears
The S&P 500 fell on Thursday after giving up early gains, as investors weighed the ongoing U.S. government shutdown and U.S.-China trade tensions against...
Cloud Boom: Oracle Aims for $166B in Sales by 2030
Oracle expects its cloud infrastructure revenue to reach $166 billion by fiscal 2030, according to Co-CEO Clay Magouyrk, who shared the forecast on Thursday...
Productive’ Trump-Putin Call Sets Stage for Budapest Summit
U.S. President Donald Trump and Russian President Vladimir Putin held what the White House described as a “good and productive” phone call on Thursday,...
BNP Paribas Downgrades Tesla, Warns of 29% Drop
BNP Paribas analysts have initiated coverage of Tesla stock with a bearish “Underperform” rating and a $307 price target, implying a potential 29% downside...
Fed’s Waller Backs October Rate Cut as Miran Pushes More
Federal Reserve Governor Christopher Waller said on Thursday that he supports another interest rate cut at the U.S. central bank’s October policy meeting, citing...
US Homebuilder Confidence Rises to 6-Month High
U.S. homebuilder confidence rose to a six-month high in October, driven by hopes that easing mortgage rates could boost housing demand and help clear...
US Budget Deficit Drops to $1.77 Trillion
The U.S. budget deficit narrowed by $41 billion, reaching $1.775 trillion in fiscal year 2025, according to the Treasury Department. The improvement came despite...
JPMorgan Looks Abroad for Its Next Big Bank Deal
JPMorgan Chase CEO Jamie Dimon said on Thursday that the largest U.S. bank is exploring opportunities with financial institutions in Europe and Latin America.
Dimon...
$60B Forecast Changes Everything for Salesforce
Salesforce stock surged over 6% in premarket trading on Thursday after the company projected stronger revenue growth in the coming years. The upbeat outlook...
Fed Cut Bets Lift Asian Stocks; Weak Jobs Data Pushes Australia...
Asian Stocks Extend Rally on Fed Cut Hopes; Australia Hits Record High
Most Asian stock markets extended their gains on Thursday, lifted by growing expectations...
