The Fed cut rates for the first time this year and penciled in two more for next year, pointing to growing signs of weakness in the US labor market https://t.co/PtpdLlvm66 ...

RT Binance Research (@BinanceResearch)The Fed delivered its first rate cut of 2025, a policy shift that comes even with core PCE inflation at 2.9% and markets near all-time highs. What does this mean for crypto and macro?Stay ahead with this week’s market commentary from #Binance Research ⬇️https://t.co/D8DiCuUF3L ...

Group 1: Trade Relations and Market Impact - A critical call is anticipated between President Trump and Chinese President Xi, focusing on the future of TikTok and tariffs [2][4] - Current tariffs are set at 30% on Chinese imports and 10% on US goods, with a potential return to triple-digit tariffs if no deal is reached by November [4] - China has not purchased any US soybeans at the start of the export season, indicating a strategic use of agriculture in trade negotiations [3] Group 2: Technology Sector Developments - Nvidia faced accusations of violating anti-monopoly laws in China, and Chinese tech firms have been advised not to purchase from Nvidia [3][7] - An antitrust probe against Google was dropped, highlighting a shift in focus towards Nvidia [8] - Intel's stock saw significant fluctuations, closing over 22% higher after Nvidia announced a $5 billion investment in AI hardware production in the US [38] Group 3: Economic Insights and Predictions - The US needs to enhance its chip manufacturing capabilities to reduce dependency on foreign sources, as highlighted by Gary Con [13][15] - The ongoing economic situation is complicated by inflation and employment challenges, with the Federal Reserve's recent rate cut signaling a cautious approach [27][30] - The market is currently experiencing volatility, with investors reacting to trade negotiations and economic indicators [36][52]

A 12-foot golden statue of Donald Trump clutching a Bitcoin appeared outside the Capitol alongside a Fed rate cut—funded by crypto investors, meant to provoke, and dividing opinion. https://t.co/VysNslREfz ...

Market Overview - The Federal Reserve's decision to cut the benchmark interest rate by a quarter point has positively impacted equity markets, leading to a record-setting week for stocks [4] - Major indexes, including the S&P 500 and Dow, saw gains of around 1%, while the Nasdaq surged nearly 2% [5] - The dollar has advanced for three consecutive days, and gold has achieved a fifth straight weekly gain, reaching a new high [6] Sector Performance - Apple led the market with a 1.4% gain following the launch of the new iPhone, while Tesla's stock climbed 2% [5] - The most shorted stocks and the "Mag 7" basket have experienced a relentless rally, despite rising bond yields [5] Trend Tracking Indexes (TTIs) - The Domestic Trend Tracking Index (TTI) is currently at +6.41% above its moving average, confirming a "Buy" signal effective from May 20, 2025 [10] - The International TTI stands at +11.14% above its moving average, with a "Buy" signal effective from May 8, 2025 [11]

We also have some other Fed rate cuts that people predict are are coming. >> So it's not just the 0.25% that we got cut yesterday. There is going to be another 25 bips in October or at least is what Poly Market is predicting with an 80% probability >> that we're going to get another 25 bips cut on October 29th and another 25 bips cut on December 10th.So it's not just about getting 25 bips now. It's about the trend of we're going to get 75 bips cut by the end of the year is what the poly market people are pr ...

Market Performance - The U.S. stock market is experiencing an upward trend, with major indexes reaching record highs, driven by optimism from the Federal Reserve's interest rate cut and strong technology sector performance [1][2] - The Nasdaq Composite led gains, up approximately 0.5%, while the S&P 500 and Dow Jones Industrial Average both increased by about 0.3% [2] - The small-cap Russell 2000 index hit a record high, marking its seventh consecutive weekly gain, indicating renewed investor confidence in the domestic economy [2] Sector Performance - Technology stocks are leading the market, continuing their strong momentum, while consumer discretionary stocks also performed well [3] - Energy stocks saw a decline, with the 10-year Treasury yield rising to 4.14% [3] Federal Reserve Actions - The Federal Reserve cut the federal funds rate by 25 basis points to a range of 4.00-4.25%, the first cut of 2025, driven by concerns over a weakening labor market [4] - Expectations for further rate cuts are high, with projections for two more 25 basis point reductions by the end of the year [4] Upcoming Economic Data - The upcoming week will feature flash PMI surveys and the release of the U.S. core PCE price index, which are critical for assessing growth, jobs, and inflation [5] - Revised U.S. GDP numbers and consumer confidence data will also be closely monitored [5] Geopolitical Developments - A scheduled phone call between President Trump and Chinese President Xi Jinping may lead to a broader trade deal, contributing to optimism for multinational companies and exporters [6] Major Corporate News - Nvidia plans to invest $5 billion in Intel to co-develop data center and PC chips, highlighting significant commitments to AI infrastructure [7] - Apple shares rose 3.2% as new iPhone 17 models launched globally [7] - FedEx's stock advanced 2.5% after reinstating its full-year outlook and reporting stronger-than-expected profits [7][8] - Lennar's shares fell almost 4% due to quarterly revenue and profit missing expectations [12] - Cracker Barrel's shares declined 7.6% after reporting earnings that missed analyst estimates [12] - FactSet's shares plummeted 10.4% after lagging consensus estimates for earnings [12] - Darden Restaurants' stock tumbled 7.7% after missing analyst expectations for earnings [12] - Newmont's stock rose 4.1% after selling its investment in Orla Mining for $439 million [12] - Scholastic shares were down about 12% despite a nearly 30% increase in 2025 prior to the session [12] - Ricoh was recognized in TIME World's Best Companies 2025 list for employee engagement and sustainability [12] - Louis Dreyfus Company reported resilient performance with net sales of $26.2 billion for the six-month period ended June 30, 2025 [12] - Huawei launched FinAgent Booster and showcased solutions for financial institutions at HUAWEI CONNECT 2025 [12]

Bitcoin could test $120K after Fed rate cut, but traders may need a week to digest impact, with 92% expecting another cut in October.Read more: https://t.co/wX8OhyR1Gg ...

I'm Ally Canal and you're taking a live look at the opening bells on Wall Street this Friday morning. JP Morgan Chase ringing the bell at the nisty and pattern getting things popping over at the NASDAQ ahead of its IPO. This comes as traders digest markets that have shaken off September seasonality, pushed through to fresh records, and are now reacting to the Fed's first rate cut of the year.Plus, buzzy headlines out of tech with Nvidia's big bet on Intel still echoing through the chip trade. Now, Opening B ...

Not many people get to experience what you've just experienced. Sitting down for a conversation to potentially become the Fed chair. Can you walk us through what that was like.What's the process like. Well, as you say, they have a lot of a lot of people on the list and they're following through. It's a transparent process.I think that's good. I think all I know, virtually all the people on the list, I think they're all good. So I think this was this was a meeting just to talk in broad terms, but I can't rea ...