Group 1 - The article does not provide any relevant content regarding the company or industry [1]

Bitcoin just suffered its largest weekly decline in more than three years. But the worst part for some of crypto's permabulls is that they aren't sure what exactly caused the crash. ...

Core Insights - The article discusses the expertise and background of Ernest Hoffman, a Crypto and Market Reporter for Kitco News, highlighting his extensive experience in market news and journalism [3] Group 1 - Ernest Hoffman has over 15 years of experience in writing, editing, broadcasting, and producing for various media and cultural organizations [3] - He began his career in market news in 2007, where he established the broadcast division of CEP News in Montreal, Canada [3] - Hoffman developed the fastest web-based audio news service globally and produced economic news videos in collaboration with MSN and the TMX [3] Group 2 - He holds a Bachelor's degree with a specialization in Journalism from Concordia University [3] - Contact information for Ernest Hoffman is provided, indicating a direct line for inquiries [3]

gemini Gemini’s decision to exit several overseas markets and cut staff could help the exchange accelerate its path to profitability, according to a new analyst note from Mizuho. Shares of Gemini Space Station (NASDAQ: GEMI) traded around $7.60 on Thursday after falling to an all-time low of $6.35 a day earlier, according to The Block price data, as a broad selloff across crypto assets and equities pressured exchange-related stocks. Gemini Space Station Inc.(GEMI) stock price chart. Source: The Block/Tr ...

Markets have seen a surge in volatility in recent months, fueled by uncertain trade policies and heightened ‌geopolitical tensions, leading ‌traders to take more bets and hedge their positions. Exchanges across Wall Street, including CME ‌Group, Cboe's total options market share, however, fell to 29.2% sequentially from 30.9%. The company provides trading platforms for equities and derivatives, including products linked to its flagship VIX volatility index, often referred to as the market's "fear gauge."L ...

Market Overview - Stocks are showing signs of gains to close out a volatile week, with Wall Street experiencing its worst selloff in months due to AI concerns leading to a rotation out of tech [1] - Nearly $1 trillion in market value was wiped out by the software selloff, affecting major companies in the sector [4] - The State Street Technology ETF is on track for its worst week since April, while the IGV ETF tracking software is having its worst week since 2008, down about 12% [2][10] Company-Specific Insights - Amazon plans to invest $200 billion in AI this year, primarily for its Amazon Web Services (AWS) cloud unit, which CEO Andy Jassy describes as an "extraordinarily unusual opportunity" [2][24] - Amazon's revenue outlook fell below Wall Street expectations, contributing to a decline in its stock price amid fears of AI disruption [24] - The growth rate for AWS has increased from mid-teens to nearly mid-20% over the last three quarters, indicating a positive return on investment in that segment [29] Industry Trends - Concerns over AI disruption have led to significant pressure on software companies like ServiceNow, Salesforce, and Microsoft, with investors questioning which businesses will be affected and to what extent [5][6][12] - The broader tech market is not far from all-time highs, but there has been considerable damage to high beta momentum stocks, which have seen a reversal in performance [8][9] - Investors are becoming more discerning about future returns, especially as companies transition from capital-light to more capital-intensive operations [16] Economic Indicators - Manufacturing activity has expanded at the fastest pace in over three years, suggesting a potential turn in the industrial cycle after a prolonged period of stagnation [19] - The dollar has fallen about 9% in the last year, with investors shifting risk hedging strategies away from the US, indicating a change in how risk is perceived [50][51]

Jeff Christian, managing partner of CPM Group and a veteran commodities analyst, is arguing that the U.S. economy is showing multiple signs of decline.Speaking in a February 5 interview with David Lin, Christian singled out the weakening labor market, persistent inflation pressure, and growing political uncertainty as setting the stage for heightened volatility across financial markets in 2026.The discussion also touched on the fact that declining interest rates typically support equities, but the analyst a ...

Elon Musk said SpaceX will “maybe” put Dogecoin (CRYPTO: DOGE) on the literal moon next year, sparking an intraday rally on Tuesday, which was reversed to see DOGE and Shiba Inu (CRYPTO: SHIB) dump around 5% on the day. The Musk Tease That Didn’t Work The Tesla Owners Silicon Valley X account dug up Musk’s 2021 post that “SpaceX is going to put a literal Dogecoin on the literal moon” and asked “When?” Musk responded “Maybe next year,” then confirmed “Yes” when another user said “Doge on the moon is inevi ...

US stock futures turned higher early Friday, pointing cautiously to a rebound from a week-long tech bruising as Wall Street reassessed worries about the impact of AI disruption and the risks of hefty Big Tech spending. S&P 500 futures (ES=F) rose 0.4%, while Nasdaq 100 futures (NQ=F) added roughly 0.6%, retracing earlier premarket losses. Contracts on the Dow Jones Industrial Average (YM=F) also switched course, moving up 0.4% on the heels of sharp closing losses across the board on Thursday. Wall Stree ...

Latest developments: ETF investors are proving more resilient than many expected during bitcoin’s latest drawdown. In an interview on CoinDesk’s Markets Outlook, Bloomberg Intelligence Senior ETF Analyst Eric Balchunas highlighted several key data points demonstrating this stability: Bitcoin has fallen more than 40% from recent highs, a move that historically rattles retail-heavy crypto markets. Over the same period, only 6.6% of Bitcoin ETF assets have exited. “For now, the ETF boomers have really co ...