Subdued Growth No Barrier To Core Scientific, Inc. (NASDAQ:CORZ) With Shares Advancing 28%
Cantor Fitzgerald Reiterates Overweight on Core Scientific, Maintains $20 Price Target
The White House in the USA stated that Iran is preparing to attack Israel, causing a further decline in the US stock market, while oil prices and gold prices rise.
According to AXIOS, Iran is preparing to launch a ballistic missile attack on Israel. The Nasdaq fell more than 1%, WTI rose more than 3%, and spot gold rose more than 1% intraday.
Heading towards a bull market? China's large-scale easing helps boost bitcoin's outlook to $70,000.
1. The Fed's rate cut combined with China's central bank's large-scale stimulus has boosted global liquidity, triggering market frenzy this week. 2. After two months of weakness, the price of bitcoin has risen by 10% in the past month, boosting investors' confidence.
After the surprise rate cut, Federal Reserve officials are pushing for a "steady loosening" of the monetary floodgates.
①Mussalem told the media that the US economy may react "very strongly" to overly loose financial conditions, which will stimulate demand and extend the time needed to bring inflation back to 2%; ② He acknowledged that the US labor market has cooled down in recent months, but given the low layoff rate and overall strong economy, he remains optimistic about the prospects.
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