Many new hyperscaler bonds trade wider within six months of issuance, BondCliQ CEO Chris White told CNBC’s Fast Money. He says the artificial intelligence (AI) debt glut may also be lifting US government borrowing costs.
White, whose firm BondCliQ...
Epic Games has delayed its unannounced Disney shooter and told the team to stop writing code by hand, Bloomberg reported. Under the new Epic Games AI plan, developers must steer tools such as Anthropic’s Claude.
The Fortnite maker calls the move a...
President Donald Trump said Russia agreed to ship 4.8 million tons of Russian diesel to US and global buyers after a call with Vladimir Putin on Thursday. Russia’s own ban on diesel exports runs through October 31.
Diesel powers the trucks,...
Crypto traders lost more than $1 billion to forced liquidations in 24 hours as Bitcoin dropped to $80,393 on Thursday. About $930 million came from bets that prices would rise, CoinGlass data shows.
The sell-off lands two days before the anniversary...
One year ago, Bitcoin (BTC) was worth more than ever. Four days later, one post from the White House erased $19 billion in bets.
Traders call that crash 10/10. It turns one on Saturday, and Bitcoin has still not recovered. It trades at $85,558,...
Morgan Stanley warned that a US ban on diesel exports could push gasoline prices higher. The bank expects domestic storage to fill within weeks, forcing refiners to scale back output.
Goldman Sachs issued a similar warning on Wednesday, while...
President Donald Trump said Wednesday that oil prices will not fall until right after the November midterm elections. He tied relief at the pump to an Iran war he expects Tehran to abandon once Americans vote.
Brent crude, the global oil benchmark,...
Walmart (WMT) stock fell nearly 6% before Thursday’s opening bell, a drop worth roughly $50 billion in market value. A rare sales miss revealed the retailer’s slowest US growth in six years.
Markets treated it like an Nvidia scare. Walmart serves...
The Ethereum (ETH) bull case no longer rests on crypto-native speculation, according to Bitmine Immersion Technologies Chairman Tom Lee. He argues that Wall Street adoption is the new growth driver and that investors are quitting at the wrong...
Prediction market traders on Kalshi now price a 92% chance that US gas prices top $4 by the end of July.
Gas prices had eased through June as a fragile ceasefire held. That calm broke last week when the US ended the truce and relaunched attacks on...
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