Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets Wrap
Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week.
Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week.
Bullish Bitcoin traders appear to have scaled back their bets on the world’s largest cryptocurrency as its two major tailwinds subside.
The beating heart of the crypto bull market sweeping the world isn’t Miami, Paris or the Middle East. It’s South Korea, where speculation has reached such intensity that the won has supplanted the dollar as the most-used currency for swapping in and out of Bitcoin and other tokens.
Recovering risk appetite and tightening spreads in the commercial real estate market mean active managers have to work a little harder, according to DoubleLine Capital LP.
US Oil Fund, the biggest oil ETF, posted its largest daily outflow on record as crude prices lose some of the geopolitical premium that was built in from tensions between Iran and Israel.
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