A new Deutsche Bank study asks whether Bitcoin could sit alongside the surging gold price in central bank reserves by 2030. The comparison focused on liquidity, volatility, and credibility, and the outcome was blunt: both may end up coexisting. The report calls gold and Bitcoin “complementary diversifications” for central banks. But it also stresses that the US dollar isn’t losing its top spot anytime soon. “We conclude there is room for both gold and bitcoin to coexist on central bank balance sheets by ...

[Music] All right, that is the closing bell down on Wall Street and at the NASDAQ market site. Welcome to Market Domination Overtime, giving you full coverage of all the moves to get you up to speed on the action from today's trading stocks closing lower to finish the trading day retreating from those records. For more on the moves in today's market, the overall setup, let's bring in Michael Green.He is the chief strategist at Simplify Asset Management. Michael, thanks so much for stopping by. So, let's jus ...

Market Performance & Trends - The Dow Jones Industrial Average closed down approximately 80 points, or about 02% [6] - The S&P 500 closed down more than 30 points, or 06% [6] - The Nasdaq Composite closed down almost 1% [6] - The Mag Seven total return index experienced its worst day in over a month, falling 154%, with Amazon and Nvidia dragging down the index [25] Federal Reserve & Economic Commentary - Fed Chair Jay Powell's comments suggested a data-dependent approach to future rate cuts, rather than a commitment to further easing [2][5][29] - Powell noted that some asset prices were elevated compared to historical levels, and equity prices were fairly highly valued, but did not indicate elevated financial stability risks [5] Company Specific News - Micron Technology reported EPS of $303 per share, exceeding estimates of $284 per share, and revenue of $132 billion, slightly above estimates of $1115 billion [10] - Micron's gross margin expanded to approximately 457% [10] - Micron is guiding revenue for its fiscal first quarter in a range of $122 billion to $128 billion, above analysts' estimates of $1191 billion [13] - Paramount Global's stock price increased by approximately 6%, possibly due to speculation about a potential bid for Warner Brothers Discovery [17][18] - Soundhound shares increased by approximately 425% following an announcement of a partnership with Red Lobster to roll out an AI-powered phone ordering agent [23] - Firefly Aerospace's stock price fell 155% after the company's second-quarter revenue came in short of Wall Street expectations [28]

SUMMARY OF 🇺🇸 FED'S POWELL SPEECH:● TARIFFS WILL ONLY CAUSE ONE-TIME’ PRICE INCREASES OVER SEVERAL QUARTERS.● FED WILL MAKE SURE TARIFFS DON’T DRIVE ONGOING INFLATION● DOWNSIDE RISKS TO EMPLOYMENT HAVE RISEN● LONG-RUN INFLATION EXPECTATIONS IN LINE WITH 2% TARGET● CONSUMER SPENDING HAS SLOWED DOWNOVERALL, FED IS READY FOR MORE RATE CUTS IN 2025. ...

Group 1 - The article provides a market analysis focusing on the S&P 500 and S&P 600 indices, highlighting their performance and trends [1] Group 2 - The analysis includes insights on investment strategies related to the S&P indices, suggesting potential opportunities for investors [1]

Market Overview - The market is expected to maintain a bullish trajectory, with projections of three rate cuts by the Federal Reserve this year [2][3] - Despite potential risks such as a government shutdown and trade conflicts with China, the overall sentiment remains positive [3][4] Stock Picks Astera Labs - Recently upgraded by Citigroup with a price target increase of 71%, but shares are down over 5% [5] - A price level around 215-220 is targeted for potential short-term value, with a rebound expected back to 240-250 [6][8] - If the stock breaks below 215, it could face significant downside, as it was at 175 a month ago [9] Hut 8 - Extremely bullish outlook following a new all-time high and upgrade from Roth Capital [16][18] - Key price levels to watch include 39.47, with potential upside if it breaks above 45, which could lead to significant gains [20][21] - The stock has shown consistent growth, up over 1,000% in the last five years, despite recent volatility [29] Apple - Strong demand for the iPhone 17 has surprised many, leading to a bullish outlook for the stock [31][32] - The stock is expected to test its all-time high of 259, with a potential breakout leading to a rally towards 275 or even 300 by year-end [33][34] - Recent performance indicates a shift back to being a market leader, with momentum indicators showing strength [40][41]

Welcome back to Morning Movers. I'm Dan King Hall coming to you live from the floor of the New York Stock Exchange. Joining us now, we've got Jay Woods, chief global strategist, Freedom Capital Markets.Joining us here at the big board where you regularly are. All right, let's talk about these records. I mean, a record day for the S&P 500, the Dow, NASDAQ, even uh recently we had the Russell 2000 participating in these records.Yes. Throwing down a little bit of gold as well. How long do you see this market m ...

The Chicago Fed introducing new labor market indicators this morning that com combine private sector data with official labor statistics for a real time view of hiring layoffs uh and other job information. And join us now Chicago Fed President Austin Goulby. We How you doing, Mr.. President. It's good good to have you on. We got some new data.I'm excited. And you know why I like it. because, you know, say what you will about, you know, the big kurfuffle with the the BLS firing and all that stuff.It did high ...

Group 1: Alternative Investment Managers - Fitch downgraded its outlook on large alternative managers to 'deteriorating' from 'neutral' due to concerns over U.S. trade policy, but noted the sector has performed well since the revision [1] - The SEC's Investor Advisory Committee recommended expanding investor access to private market strategies through registered funds, highlighting the investor protections and liquidity these vehicles provide [2] - Private equity groups warned about potential mis-selling as the sector opens to individual investors, citing intermediaries' lack of experience in assessing products and explaining liquidity issues [3] Group 2: Market Trends and Performance - International equities have seen a revival in 2025, with the Morningstar Global Markets ex-US Index up 25% year-to-date, compared to a 13% increase in the Morningstar US Market Index [4] - The SEC extended the deadline for private investment funds to comply with enhanced disclosure rules, reflecting ongoing regulatory adjustments in the sector [5] - The ETF industry is expected to benefit from lower interest rates, with a shift of assets from money market funds into ETFs anticipated as rates decline [7] Group 3: Private Credit and Business Development Companies - Private credit secondary transaction volume has surged globally since 2023, indicating increased activity in both limited partner-led and general partner-led transactions [9] - Business Development Companies have gained popularity as a means for investors to access loans, with their assets under management significantly increasing in recent years [11] - Blackstone appointed Katie Keenan as CEO of its real estate investment trust for individuals, following the death of the previous leader [12]

Market Overview - The Wall Street rally resumed after a brief period of volatility, driven by investor confidence following the Federal Reserve's interest rate cuts [1][6] - The S&P 500 reached an all-time closing high of 6,693.75 points, marking its 28th record close of the year [4][8] - The ongoing rally is primarily driven by technology stocks, with the S&P 500 being the biggest gainer this year [2][8] Investment Opportunities - Recommended S&P 500 stocks include Microsoft Corporation (MSFT), Analog Devices, Inc. (ADI), and Arista Networks, Inc. (ANET), all showing strong potential for 2025 [3][9] - Microsoft Corporation holds a market share of over 73% in the desktop operating systems market and has an expected earnings growth rate of 12.8% for the current year [10][9] - Analog Devices, Inc. has an expected earnings growth rate of 21.5% for the current year, with a Zacks Rank of 1 [12] - Arista Networks, Inc. is expected to have an earnings growth rate of 23.8% for the current year, also holding a Zacks Rank of 1 [14] Economic Factors - The recent rally is supported by optimism surrounding further rate cuts from the Federal Reserve, which recently cut rates by 25 basis points [6][8] - The S&P 500 has risen 12.5% so far this year, with a 3.5% increase over the past month [8]