Bitcoin, Ethereum Fall 2% Despite ETF Flows; New Poll Shows Kamala Harris Narrowly Avoiding 6-Point Deficit – Could It Boost Her White House Bid? - Top Headlines Today While US Slept

Author: Akanksha Bakshi | August 21, 2024 10:30am

Crypto

• Ethereum Whale Trader Pockets 9 Figures In 2 Years With Classic ‘Buy Loww, Sell High’ Trade
• Mt. Gox Transfers $709M In Bitcoin: Are Creditor Payouts Almost Over?
• Grayscale Appoints Wall Street Veteran Peter Mintzberg As New CEO
• Bitcoin, Ethereum Down 2% Despite ETF Flows, But One Cryptocurrency Is Up 12%
• Brazil Just Approved Another Solana ETF While US Stares At Uncertainty: Analyst Says ‘Only Hope If Donald Trump Wins’
• Floki, Dogwifhat Shake Off Broader Market Pullback, Outperform Dogecoin, Shiba Inu In 24-Hour Gains
• Trump’s Son Continues To Whip Up Excitement On Upcoming Crypto Project: ‘Getting Very Excited’
• Shytoshi Kusama Says This Token Vital To Shiba Inu’s Future: ‘Completely Integrated Into Our Governance And Technology’
• Bitcoin, Ethereum, Dogecoin Fell As Mt. Gox Transfers $784M In BTC — Why Is This Analyst ‘Very Happy’ About Today’s Dip?

US Politics

• JD Vance Shocks With Claim That Owning A New Car Costs Every American $50,000 A Year
• ‘We Do Have A Spending Problem:’ Expert Highlights Growth Rates Of These Government Programs That Neither Kamala Harris Nor Donald Trump Is Willing To Address
• Ex-Pentagon Official Slams US Government For Withholding Crucial UFO Information In New Memoir
• Trump Vs. Harris: Switching Biden For Kamala Harris Averted Democrats’ Potential 6-Point Deficit In New Poll – Will It Propel Her To White House?
• Unlike Trump, Kamala Harris’ Economic Plans Might Take A Big Bite Off Corporate Profits: ‘Anything That Reduces Earnings Should… Have A Negative Impact On The Stock Market’

US Markets­­­­­­­­

• Executives Buying W. P. Carey And 2 Other Stocks
• Nasdaq, S&P 500 Futures Edge Up As Traders Look Ahead To FOMC Minutes: Strategist Flags 3 Trends That Could Help Stocks Withstand Volatility
• S&P 500, Nasdaq Fall After 8-Session Winning Streak Ahead Of Powell’s Comments And FOMC Minutes: Fear & Greed Index In ‘Neutral’ Zone

World Politics

• After North Korean Soldier Defects To South, Expert Says Kim Jong Un ‘Is Aware of Internal Discontent’: ‘Border Barriers Are Proof’
• Russian President Lauds Chechnyan Troops Readying For Ukraine Battle During Surprise Visit: ‘As Long As We Have Men Like You, We Are Absolutely, Absolutely Invincible’

World Economy

• Asia Mixed, European Markets Advance; Gold Stays Near All Time High While Dollar Gains – Global Markets Today While US Slept  

Tech

• Analog Devices Q3 Earnings: Revenue And EPS Beat, CFO Highlights Improved Inventory And Order Momentum For Q4
• EXCLUSIVE: Smart For Life Targets $100M Revenue Goal Through Strategic Health & Wellness Acquisitions
• Chinese Tech Giants Alibaba And Tencent Ramp Up AI Investments, With Nearly A Third Of Deals Since 2023 Aimed At AI Startups
• Alibaba-Rival JD.Com Plummets Over 7% in Pre-Market After Largest Shareholder Walmart Sells Stake To Reportedly Raise $3.74M
• Inside Google’s Pixel And Android Superunit: Leaked Organization Chart Reveals Key Figures In Charge Of Taking On Apple’s iPhone
• Nvidia Down About 10% From All-Time Highs: Prominent Trader Says He Has Cashed Out Of The Stock Barely A Week Ahead Of Earnings And Will ‘Decide On Re-entering’ Later
• Stellantis CEO To Visit Detroit, Devise Strategy To Revive Struggling North American Operations: Report
• Amazon Web Services CEO Predicts AI Could Soon Dominate Coding: ‘Being A Developer In 2025 May Be Different Than What It Was… In 2020’

Electric Vehicle

• Former Tesla Exec Says Harris, Not Trump, Will Be ‘Far Better’ For EV Giant’s Long-Term Success: ‘…Still Trust Kamala More Even On The Issues Where I’d Generally Prefer A Republican
• Toyota Aims To Reduce EV Costs with Gigacasting Machine: Report
• Tesla Recalls Over 9K Units Of Older Model X SUVs Over Concerns Of Cosmetic Trim Pieces On Roof Falling Off
• Chinese Luxury EV Company Zeekr Clocks 100% Growth in Q2 Deliveries, Margin Boost Amid Domestic Price War, Tariffs
• Rivian’s Head Of Manufacturing Tim Fallon Joins European Automaker Stellantis
• Elon Musk’s Tesla Gets A Breather As EU Slashes Tariffs On Its China-Made EVs Even As SAIC, Geely, And BYD Face Hefty Duties
• Tesla Robotaxi Rival Waymo Witnesses Rapid Expansion In Its Weekly Paid Rides, Doubling To 100K In 3 Months
• Tesla Breaks Powerwall Production Record At Giga Nevada As It Aims To Ramp Up Energy Storage Deployments

Consumer

• Macy’s Reports Weak Sales, Joins JD.com And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session
• Vector Group Agrees To $2.4B Buyout By JT Group: Details
• Target Q2 Earnings: Revenue And Profit Beat, Digital Sales Boost, Annual Profit Outlook Hiked
• Beyoncé Partners With LVHM’s Moët Hennessy To Launch Luxury Whiskey Brand In Honor Of Her Great Grandfather
• King Of Luxury Bernard Arnault Goes AI Shopping, Channelling Over $300M In AI Startups As LVMH Navigates Market Challenges

Communication

• Dycom Beats On Q2 With Strong Demand For Infrastructure Services, Discloses Value-Accretive Buyout

Industrial

• Boeing’s 777X Faces Yet Another Setback: Structural Cracks Reportedly Force Grounding Of Test Fleet
• New Jersey-Based Logistics Provider NFI Industries Joins PepsiCo In Piloting Tesla Semi Trucks

General

• Elon Musk, Who Once Vowed To ‘Own No Home,’ Now Foreclosing On Filmmaker’s $7M Childhood House

Energy

• Consol Energy And Arch Resources To Merge In $5B Domestic Coal Entity
• Energy Giant Chevron To Plough $1B Into India’s Bengaluru Tech Centre, Add 600 jobs

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