Markets Rally as Traders Bet on Two Fed Rate Cuts After CPI Report
Markets rose as easing inflation fueled bets on two Fed rate cuts this year, with bond yields falling and the dollar retreating.
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Markets rose as easing inflation fueled bets on two Fed rate cuts this year, with bond yields falling and the dollar retreating.
U.S. inflation cooled to 3% in September, below forecasts, reinforcing expectations for a Federal Reserve rate cut next week.
Andreessen Horowitz is setting up a $10 billion investment push targeting AI, growth-stage tech, and U.S. defense startups.
DraftKings acquires Railbird to launch a new predictions platform, expanding beyond sports betting while navigating complex state regulations.
Netflix shares dropped 7% after missing Q3 earnings due to a Brazil tax charge, though ad sales hit record highs and revenue growth remains strong.
YZi Labs, formerly Binance’s venture arm, led a $25.5M strategic round for Sign to boost sovereign blockchain infrastructure and tech expansion.
Coinbase acquires Echo for about $375 million to bring on-chain fundraising into its platform and tap community-driven capital markets.
Apple stock hit a record after iPhone 17 sales surged 14% in the U.S. and China, prompting analyst upgrades and renewed investor optimism.
Blockchain.com is reportedly exploring a U.S. SPAC merger, with Cohen & Company advising amid a volatile valuation history.
Coinbase rolls out its One Card to U.S. users, offering up to 4% Bitcoin rewards and marking a step toward mainstream crypto spending.