Finance & Investments | News

🇺🇸 Trump faces defeat in the midterm elections as Democrats secure victories in both the US House and Senate.

🤖 Anthropic is set to launch its IPO for retail investors in the UK, Japan, Canada, and Australia.

🚨🚨 Intel, $INTC, has plunged an additional -6% today following a staggering -29% drop on Friday—marking its most significant decline since 1971. This downturn now leaves the stock down a staggering -57% from its peak just 86 trading days ago. That's a colossal loss of -$440 billion in market capitalization.

📈 Market Snapshot: SPX: $7580 NASDAQ: $25437 DXY: $101 Gold: $3910 Silver: $50 Bitcoin: $77683

BREAKING: 🇭🇰 The People's Bank of China infuses 541 billion yuan via overnight reverse repos at an interest rate of 1.25%, according to their announcement.

🚨🚨 Oil tumbles beneath $100 as Iran engages in a third consecutive day of negotiations with Qatari mediators to resolve the conflict with the US.

📉🚨 Hedge funds offload US tech stocks at an unprecedented rate in over ten years Goldman Sachs reports a significant withdrawal by institutions from technology equities, with semiconductor stocks experiencing the most intense selling pressure.

URGENT: 🛢 US oil corporations have amassed more than $130 billion amid the Iran crisis.

🚨🤖 Raoul Pal cautions that investors have a mere four years to amass wealth before AI revolutionizes the markets, leading to heightened competition in investing.

📊 Markets are currently pricing in a 75% likelihood of a Fed rate increase in December, driven by the uptick in CPI, PPI, and PCE inflation.