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Oracle Stock Crashes After OpenAI's Revenue Gap. Who's Next?

Oracle shares plunged more than 5% on Thursday, October 8, after a report raised fresh questions about how much money OpenAI is actually making. The selloff spread across AI stocks. Broadcom fell nearly 4%, Nvidia dropped more than 2%, and…

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Is the US Government Selling $1 Billion in Bitcoin?

The US government moved approximately $1.01 billion in Bitcoin on October 8, raising fears of a major sell-off as the cryptocurrency market continued to decline. Arkham data shows two outgoing transfers from a wallet holding Bitcoin seized in the Bitfinex…

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Wall Street's Most Bearish S&P 500 Call Hinges on One Chart Signal

Panmure Liberum’s head of market strategy, Joachim Klement, now expects the S&P 500 to end 2027 at 5,000 points. He warns that unwinding the artificial intelligence (AI) trade could spark the worst crash since the global financial crisis. Borrowing Costs…

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TSMC Q3 Revenue Tops Its Own Guidance and the 19-Analyst Forecast

Taiwan Semiconductor Manufacturing Co. (TSMC) said September revenue rose 54.6% from a year earlier to NT$511.86 billion ($16.03 billion). The result lifted third-quarter revenue to a record NT$1.49 trillion. TSMC’s Taiwan-listed shares closed 1.35% lower at NT$2,550 on Thursday, before…