An economic crisis may be unfolding across the United States as millions of Americans simply “can’t find jobs,” pushing the number of discouraged workers well beyond 2008 Financial Crisis levels. This metric of shadow unemployment has “surged” by over a million people since last spring, exposing vulnerabilities and a weakening modern workforce. Deteriorating Beneath The […]

The upcoming SpaceX IPO could impact the U.S. economy by potentially refinancing a portion of the country’s current account deficit in a single day. Currency strategists at Commerzbank, led by Volkmar Baur, have studied the possible effects of SpaceX’s IPO, which is set to raise $75 billion at a $1.75 trillion valuation. Foreign investors, who typically account […]

SpaceX will launch at a $1.8 trillion valuation on Nasdaq on Thursday, yet traders on Hyperliquid are pricing the company as high as $2.15 trillion in pre-IPO perpetual contracts. 85% Of Hyperliquid Traders Are Long But 78% Are Currently Losing Of the 4,528 traders holding open positions on Hyperliquid’s SpaceX contract, 3,865 are long and […]

Bitcoin’s (CRYPTO: BTC) drop to $62,000 resembles previous crypto winter bottoms rather than a structural breakdown in the asset class, according to Bitwise Chief Investment Officer Matt Hougan. ETF Selling In a podcast interview with Scott Melker on June 5, Hougan highlighted that Bitcoin ETFs have seen roughly $4 billion in outflows across 12 consecutive […]

Noted short-seller Jim Chanos recently expressed his bewilderment over the shared viewpoint of President Donald Trump and Sen. Bernie Sanders (I-Vt.), a staunch critic of Trump and his policies. Chanos took to X on Tuesday to pose the question, “What do you call it when both Donald Trump AND Bernie Sanders advocate government (“public”) ownership of corporate equity…?!” Read Also: […]

As the week comes to a close, let’s take a look at the top stories that shaped the week, from Apple‘s (NASDAQ:AAPL) AI-driven future to the surge in its stock and Nvidia Corp.‘s (NASDAQ:NVDA) CEO joining an elite advisory board in China. Apple’s AI Future: Agentic AI As The Next Valuation Driver? Apple has been […]

The President of the Federal Reserve Bank of Kansas City, Jeffrey Schmid, has raised concerns that the ongoing energy shock may not be as short-lived as expected, considering the existing high inflation rates. During a conference in Iceland on Friday, Schmid expressed, “My primary concern is inflation, which is too hot and has been above target for too long.” He further emphasized his […]

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) climbed in Wednesday premarket trading as investors continued piling into AI-linked semiconductor stocks following fresh demand signals tied to Taiwan’s expanding role in the global AI infrastructure buildout. NVIDIA Highlights Taiwan’s Growing Role In AI Infrastructure Taiwan Semiconductor stock rose in premarket trading after NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen […]