TheCryptagon
Grayscale Seeks SEC Approval to Launch Zcash ETF
Grayscale has taken a major step toward launching one of the first exchange-traded funds tied to a privacy-focused cryptocurrency. The firm filed a Form...
S&P 500 Surges as AI Rally Roars Back
The S&P 500 moved higher on Wednesday as major AI stocks rebounded and investor confidence increased on growing expectations that the Federal Reserve will...
Oracle Stock Surges as Analysts Say Bearish Fears Are Wrong
Oracle shares climbed more than 5% at Wednesday’s open after analysts at Deutsche Bank and HSBC defended the stock. Their comments came after a...
AI Begins to Slow U.S. Job Market as Economy Stalls
The latest Federal Reserve Beige Book, released on Wednesday, shows that the U.S. economy remained largely unchanged even as consumer spending continued to ease...
BofA Warns U.S. Stocks May Deliver Only Modest Returns in 2026
Bank of America is becoming more cautious on U.S. equities for next year, warning that solid earnings growth may not necessarily translate into strong...
JPMorgan: S&P 500 May Reach 8,000 by 2026 With Fed Easing
The S&P 500 could rise well above current market expectations if the Federal Reserve delivers more aggressive interest-rate cuts, according to JPMorgan.
In its 2026...
Alibaba Beats Revenue Forecasts on Instant Retail, AI Growth
Alibaba reported stronger-than-expected quarterly revenue on Tuesday, driven by rising demand for one-hour delivery services and solid growth in its cloud division. The performance...
Dollar Rebounds After Sharp Losses; Pound Eyes Budget Update
The U.S. dollar moved slightly higher on Wednesday, recovering part of the previous session’s sharp losses as traders positioned for a potential Federal Reserve...
U.S. Core Capital Goods Orders Jump in September
New orders for key U.S.-made capital goods surged in September, while shipments also posted strong gains. The data reinforced economists’ expectations that U.S. economic...
U.S. Weekly Jobless Claims Decline as Labor Market Holds Firm
New applications for U.S. unemployment benefits fell last week, signaling that layoffs remain low even as the labor market continues to struggle with creating...
