Markets got the rate cut they wanted, but along with it, a sobering message from the Fed they didn’t see coming. Jerome Powell’s warning that more easing may not be in the cards this year rattled investors, sending the Dow…

Ondo Global Markets is bringing its suite of tokenized U.S. equities to BNB Chain’s millions of daily users in a strategic move to capture global demand for accessible, on-chain stock trading. In an announcement on Oct. 29, Ondo Finance said…

The post El-Erian Warns of AI’s “Rational Bubble” and Unaddressed Risks appeared first on StartupHub.ai.

“Some AI names will end up in tears,” declared Mohamed El-Erian, Allianz’s chief economic advisor, during a recent segment on CNBC’s ‘Squawk on the Street.’ His candid assessment cut through the prevailing market euphoria, offering a nuanced perspective on the artificial intelligence revolution. El-Erian, a former PIMCO CEO, engaged with the program’s hosts, providing commentary […]

The post El-Erian Warns of AI’s “Rational Bubble” and Unaddressed Risks appeared first on StartupHub.ai.

US stocks opened higher on Wednesday as Wall Street maintained an upbeat sentiment, with Nvidia becoming the first company to hit the $5 trillion valuation. After the major indexes edged to record highs on Tuesday, fueled by Nvidia, Microsoft and…

Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks.  With the Federal Reserve interest rate decision…

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The post You will see a 30 to 50% correction in many AI-related names next year, says Dan Niles appeared first on StartupHub.ai.

“You will see a 30 to 50% correction in many AI-related names next year,” stated Dan Niles, founder and portfolio manager at Niles Investment Management, during a recent appearance on CNBC’s ‘Money Movers’. Niles joined the broadcast to discuss his outlook on Big Tech earnings and the current market sentiment surrounding technology stocks, particularly those […]

The post You will see a 30 to 50% correction in many AI-related names next year, says Dan Niles appeared first on StartupHub.ai.