Palantir’s stock dropped 9.25% after reporting better-than-expected earnings, with analysts divided on its future, as Dan Ives remains bullish while Brent Thill remains cautious about its high valuation. read more
Elon Musk shares updates on TSLA, SpaceX, and Neuralink, says company will release Unsupervised FSD tech and Optimus humanoid robots. read more
As U.S. dollar is trading 8.02% lower YTD, this expert believes that depreciation is fueling “a powerful tailwind for multinational earnings.” read more
Risk-off sentiment returned ahead of the Federal Reserve’s policy meeting, sending gold and its cryptocurrency derivatives higher on Monday. What happened: Spot gold was up 0.74% to $3,358.91 per ounce as of this writing, after hitting a two-week high earlier in the session. read more
Economist Peter Schiff is challenging conventional wisdom that China needs the United States more than vice versa, questioning just how essential U.S. consumer demand really is for China’s manufacturing engine, amid a surge in the global middle-class consumer base. read more
Rep. Maxine Waters (D-Calif.), a key Democrat and ranking member of the House Financial Services Committee, reportedly plans to walk out of a joint hearing on cryptocurrency policy scheduled for Tuesday. read more
Billionaire investor Bill Ackman believes inflation has largely been “wrung out of the economy” and predicts global economic conflicts could resolve within six to nine months, while advocating for a temporary pause on China tariffs to protect U.S. businesses. read more
BNB Coin (CRYPTO: BNB) edged higher Monday after asset management giant VanEck filed an exchange-traded fund application with the SEC. read more
OpenAI, led by Sam Altman, has decided to retain nonprofit control over its for-profit operations, scaling back its transition to a public benefit corporation amid legal pressure and investor demands. read more
Mark Zuckerberg has surpassed Jeff Bezos to become the world’s second-richest person, with a net worth of $212 billion, following a surge in Meta’s stock price. read more