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US Stock Market Fails To Recover as $700 Billion Comeback Collapses

Jim Cramer called the biggest tech takeout. Stocks added $700 billion, then lost it as AI and chip shares slid. The post US Stock Market Fails To Recover as $700 Billion Comeback Collapses appeared first on BeInCrypto.

Apple Beats Earnings in Ternus’ First Quarter: Why Is the Stock Falling?

Apple earnings beat forecasts with record iPhone sales, while Greater China sales fell about $1 billion short. The post Apple Beats Earnings in Ternus' First Quarter: Why Is the Stock Falling? appeared first on BeInCrypto.

AI Stocks Finally Help the Fed Fight Inflation, by Falling

The selloff in artificial intelligence (AI) stocks could take some pressure off US interest rates. BMO Capital Markets senior economist Jennifer Lee said the pullback may make the Federal Reserve’s (Fed) inflation fight easier. Lee shared the view on Bloomberg This Weekend on November 1. For crypto investors, it adds a second effect to a…

Anthropic Adds 2 Sentences to Claude Code to Stop AI Video Game Clones

Anthropic stops Claude from cloning video games, but developers say the filter also blocks work on their own projects. The post Anthropic Adds 2 Sentences to Claude Code to Stop AI Video Game Clones appeared first on BeInCrypto.

Sam Altman Thinks Your PC’s RAM Belongs in AI Data Centers. Crypto Leaders Disagree

Cardano founder Charles Hoskinson and Ripple CTO Emeritus David Schwartz are mocking OpenAI CEO Sam Altman over his RAM comment. Altman had argued that memory sitting in home computers wastes a scarce resource that AI data centers could use better. The jokes carry a serious edge for crypto. Blockchains such as the XRP Ledger and…

Why Copper Prices Are Falling Despite China Paying a Record Premium

Chinese buyers are paying a record premium of over $200 a ton to import copper. The benchmark price in London, however, slid to a one-week low on Friday. Bloomberg tied Friday’s drop to a tech selloff and oil at its highest since April. The physical market, however, keeps tightening as copper piles up in the…

Investors Want Anthropic’s IPO Price First: Is That Why OpenAI Cut $10 Billion?

Some investors want Anthropic's IPO price before backing OpenAI, which has cut its funding target by $10 billion. The post Investors Want Anthropic's IPO Price First: Is That Why OpenAI Cut $10 Billion? appeared first on BeInCrypto.

South Korea GDP Beats Forecasts at 1.0% So Why Is KOSPI Still Down?

South Korea GDP grew 1.0% on chip exports, but the KOSPI is down 8.5% in three months. See what the market is pricing. The post South Korea GDP Beats Forecasts at 1.0% So Why Is KOSPI Still Down? appeared first on BeInCrypto.

Reddit Stock Crashed 29%: Is Google AI Coming for More Stocks?

Reddit stock fell 29% in its worst day ever as Google's AI answers cut clicks. Other stocks face the same squeeze. The post Reddit Stock Crashed 29%: Is Google AI Coming for More Stocks? appeared first on BeInCrypto.

3 Catalysts Cramer Says Could Extend the Nasdaq Sell-Off This Week

Jim Cramer flags the midterms, an Iran decision, and the jobs report as risks for the Nasdaq sell-off this week. The post 3 Catalysts Cramer Says Could Extend the Nasdaq Sell-Off This Week appeared first on BeInCrypto.
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