Shivdeep Dhaliwal

1 week ago | benzinga.com | Shivdeep Dhaliwal

Peter Schiff, a well-known economist, took to social media on Thursday to express his views on Bitcoin BTC/USD in the context of the current market conditions. He stated that while Bitcoin emerged from the 2008 financial crisis, the ongoing financial turmoil of 2025 could mark its end. Schiff’s statement comes amid heightened financial instability and economic challenges. What Happened: Schiff’s post on X highlighted his skepticism towards Bitcoin, which he has often criticized in the past.

1 week ago | it.benzinga.com | Shivdeep Dhaliwal

Nella giornata di giovedì, Ark Invest, guidata da Cathie Wood, ha effettuato operazioni degne di nota, tra cui spiccano Tempus AI Inc (NASDAQ:TEM) e Coinbase Global Inc (NASDAQ:COIN).

1 week ago | benzinga.com | Shivdeep Dhaliwal

On Thursday, Cathie Wood-led Ark Invest made notable trades, prominently featuring Tempus AI Inc TEM and Coinbase Global Inc COIN. The trades came as Wall Street reversed Wednesday's rally with a sharp selloff, as cooling inflation and hopes for Fed cuts were overshadowed by economic uncertainty and a 145% China tariff announcement by the Trump administration. The Tempus AI TradeArk Invest’s flagship fund, the ARK Innovation ETF ARKK, acquired 48,909 shares of Tempus AI Inc.

1 week ago | benzinga.com | Shivdeep Dhaliwal

After a remarkable rally on Wednesday, Wall Street experienced a sharp decline on Thursday. Investors were cautious as they assessed the implications of President Donald Trump’s 90-day tariff pauseamidst ongoing economic uncertainties. The S&P 500 fell by 3.5% to 5,268.05, while the Nasdaq 100 dropped by over 4.3% to 16,387.31. The Dow Jones Industrial Average declined 2.5% to 39,593.66. Despite a lower-than-expected inflation report, the market’s risk sentiment remained fragile.

2 weeks ago | benzinga.com | Shivdeep Dhaliwal

Wall Street experienced a significant upswing today, driven by a surprising announcement from President Donald Trump regarding a temporary pause on tariffs for certain countries. This development led to a broad risk-on rally, propelling major indices to multi-month highs. The Nasdaq 100 surged over 12% to 17,124.97, while the S&P 500 climbed 9.5% to surpass 5,456 points. The Dow Jones Industrial Average rose 7.9% to 40,608.45.