April 23, 2025, 11:20 pm
Gold prices swung wildly following a surprising, more conciliatory stance from the Trump administration. Following a steep ETF selloff that rattled investors, a rush of physical demand—especially from China—pushed the metal’s value higher. The market’s reaction, part confused and part opportunistic, highlights the unpredictable impact of rapid policy shifts.
Trump Trade War Results In Record $12 Billion Surge In Customs Revenues Sometimes, especially when stocks are tumbling, bond yields are soaring and the dollar looks like it is about to lose its reserve currency (and be replaced by what: the yuan? the euro? the turkish lira?), it is...
The lack of strategy in the Trump administration's execution of tariffs continues, as the President promises to "set the tariff" on entities that don't make deals in the "next couple of weeks."Tariffs could affect iPhone prices in the fallAfter historic ups and downs in the market, things flattened...
Behind Yesterday's Gold Selloff: Near-Record ETF Liquidation Amid yesterday's equity meltup, ETFs accounted for 34% of the overall tape (vs an YTD avg 28%) as the desk skewed better to buy driven by a mix of domestic, international and sector exposures. However, the action was not...
Gold Rises After a More Conciliatory Trump Spurs Steep Decline Bloomberg.com
permalink / 4 stories from 3 sources in 6 hours ago #gold #etf #financialservices #marketconditions #trading #apple #tariffs #trade-policy #trump #uschinatrade #investment #finance #economics #treasury #us-economics
In a courtroom disclosure amid antitrust inquiries, internal data revealed that Google’s AI chatbot Gemini now boasts 350 million monthly active users. The revelation underscores the rapid adoption of Google’s AI offerings and intensifies the scrutiny over its market power. More...
OpenAI is extending its cutting-edge image generation technology to developers by releasing it via API. The upgrade, famous for its Studio Ghibli-inspired visuals, will now empower other platforms and apps to integrate this feature directly, marking another bold step in the AI creative revolution. More...
In a move that might make industry insiders raise an eyebrow, OpenAI has expressed its willingness to acquire Google’s Chrome browser if the tech giant is forced to divest. This bold declaration underscores OpenAI’s ambition to expand its ecosystem while playfully challenging the status quo in the tech world. More...
In a major internal shakeup, Discord’s co-founder Jason Citron is stepping down as CEO after 13 years, making way for former Activision Blizzard exec Humam Sakhnini. This leadership change marks a pivotal moment for the platform as it navigates the heightened expectations of its evolving digital landscape. More...
Perplexity’s chief business officer Dmitry Shevelenko has taken a defiant stance amid legal scrutiny over Google’s alleged restrictive deals. Subpoenaed to testify in a trial on Google’s search monopoly, he seized the chance to pitch the audacious idea of buying Chrome, criticizing tactics that stifle his company’s AI distribution. More...
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