First U.S. XRP ETF Launches Sept. 18, CME to List Options on XRP Futures Oct. 13
Osprey launching the first U.S. ETF offering spot exposure Sept. 18 and CME Group adding options on XRP futures Oct. 13. » Read more about: First U.S. XRP ETF Launches Sept. 18, CME to List Options on XRP Futures Oct. 13 »
Read MoreCME Group plans to roll out XRP and Solana futures options in October
CME Group announced it will launch options trading for XRP and Solana futures on October 13. CME Group will roll out options for XRP and Solana (SOL) futures on October 13, with expiries available …
» Read more about: CME Group plans to roll out XRP and Solana futures options in October »
Read MoreRealtors analyze recent interest rate cuts, give advice for new home buyers
SPRINGFIELD, Mo. — The Federal Reserve announced a new interest rate cut on Wednesday, September 17- the first cut since December 2024.
The cut brings the interest rate down between 4.00% to 4.25%, marking its lowest level since 2022.
Some realtors believe that the cut could be encouraging for people in the market for a home.
» Read more about: Realtors analyze recent interest rate cuts, give advice for new home buyers »
Read MoreDow Jones gains 250 points but Nasdaq falls after Fed policy; Here's why
Benchmark indices on Wall Street had a muted reaction to the Federal Reserve’s policy decision on Wednesday night as after the initial knee-jerk fall, the close turned out to be rather subdued.
The Dow Jones ended 250 points higher, while the S&P 500 and Nasdaq closed marginally below the flat line.
» Read more about: Dow Jones gains 250 points but Nasdaq falls after Fed policy; Here's why »
Read MoreFederal Reserve cuts key rate by quarter-point, signals more cuts this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.
The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%,
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Read MoreThe Burst
The AI Gold Rush Has an Overlooked Winner
Chipmakers, cloud giants, and software platforms are all basking in the AI spotlight. But there’s a truth hiding beneath the frenzy, which is that none of this technology can function without massive amounts of electricity. And that’s where Dominion Energy steps in.
Key Points
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AI will triple U.S.
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Read MoreThe Ivy
Should You Follow This Billionaire Into Nvidia?
Billionaires tend to be especially skilled at spotting seismic shifts in industries before the crowd catches on. Recently, one stock has managed to capture the imagination of both a cautious billionaire and aggressive hedge fund managers alike, a company that sits at the very heart of artificial intelligence Nvidia.
Key Points
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David Tepper dramatically increased their Nvidia stakes,
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Read MoreThe Spotlight
Could Lemonade’s AI Insurance Engine Turn $1 Billion Into $10 Billion
After months of market jitters, earnings season has brought a wave of upbeat results, and stocks tied to improving outlooks are rallying hard.
Many investors who sat on the sidelines during the downturn are now realizing they may have missed some exceptional entry points.
But the best opportunities are about finding businesses with a runway long enough to turn today’s price into tomorrow’s fortune.
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