Bitcoin Drops Below $57K, Ethereum And Dogecoin Fall As Liquidations Surge; Poll Shows Harris Leading Trump In Key Swing State - Top Headlines Today While US Slept

Author: Akanksha Bakshi | September 04, 2024 10:35am

Crypto

• Why GitLab Shares Are Trading Higher By Around 17%; Here Are 20 Stocks Moving Premarket
• Bitcoin Could Tumble 15-20% If Fed Cuts Interest Rates As Expected: Analysts Lay Out The Bear Thesis
• Bitcoin’s Low-Cost Offshoot BSV Becomes Market’s Biggest Gainer While King Crypto Plunges Over 4%
• Trump’s Upcoming Crypto Initiative Reportedly Modeled Around DeFi Platform That Was Hacked For Over $2M
• Bitcoin Sinks Below $57K, Ethereum, Dogecoin Tumble As Crypto Liquidations Surge: Veteran Analyst Spots King Crypto’s Reversal Pattern From Bullish To Bearish

US Politics

• Trump’s ‘Drill, Baby, Drill’ Pledge May Not Deliver Promised Energy Price Cuts, Experts Warn
• Donald Trump Warns Of ‘Great Possibility Of World War III,’ Slams Team Biden’s Foreign Policy: ‘Better Get This Thing Done Fast’
• Trump Vs. Harris: Latest Poll Shows Vice President Leading In Key Swing State For First Time, Paving Way For A Potential Narrow Victory
• DOJ Revamps Social Media Strategy On Combating Foreign Threats Days After Meta CEO Mark Zuckerberg Said Facebook Was ‘Pressured’ By Biden Administration
• Judge Rejects Trump’s Attempt To Move Hush Money Trial To Federal Court, Citing Lack Of ‘Good Cause’
• Trump Campaign ‘More Explicit’ In Embracing Crypto, Says Coinbase’s Legal Head, But ‘Encouraged’ By Kamala Harris Campaign’s Outreach
• Kamala Harris To Unveil $50K Tax Deduction For Small Businesses To Counter Trump’s Economic Policies As She Looks To Win Over Middle-Class Voters

US Markets­­­­­­­­

• No Respite For US Stocks As Futures Sag, VIX Spikes 10%, Bitcoin Slides: Strategist Warns Of Further Pain In September, But Recommends Buying Dip
• Market Bull Warns Of Up To 10% September Pullback, Urges Caution But Stresses Be Ready To ‘Buy That Dip’
• Dow Tumbles Over 600 Points, Nasdaq Dips 3% Amid Plunge In Nvidia: Fear Index Remains In ‘Greed’ Zone

US Economy

• Investors Cashing In On Detroit’s Real Estate Surge: ‘A Market Like No Other’
• Economist Peter Schiff Warns Of Unhealthy Combo Of Recession With Rising Inflation After Trifecta Of Underwhelming Data
• JPMorgan Warns Anticipated Rate Cuts May Not Significantly Boost Stock Markets: ‘Fed Will Start Easing, But More In A Reactive Way

World Economy

• Japan Leads Asia Markets Decline, Europe Slides; Crude Oil Falls below $70 – Global Markets Today While US Slept

Tech

• Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More
• Nvidia, Intel And Other Top Chipmakers Grapple With Gender Disparity Despite AI Surge: Report
• What’s Going On With Salesforce Stock Today?
• Why Is WiSA Technologies Stock Surging Premarket Wednesday?
• Nvidia To Invest $137M In Tokyo-Based Sakana AI, Becoming Major Shareholder In The Startup
• Jensen Huang’s Net Worth Drops Below $100B As Nvidia Stock Plummets 14% Over 3 Sessions After Earnings Fail To Impress Investors
• Tesla Introduces Winter Package For Cybertruck Priced At $3K Ahead Of The Mercury Drop
• Apple Reportedly Plans To Switch To OLED For All iPhones Starting 2025, Not Just The Top-Tier Flagships

Electric Vehicle

• Uber Rival Lyft To Lay Off 1% Of Employees, Sell Assets To Reduce Costs
• Elon Musk Reacts After EV Enthusiasts Take Cybertruck Driving From Florida To Arctic Ocean: ‘Cool’
• Former Tesla Exec Foresees A Decade Of ‘Unease’ Ahead For Auto Industry: ‘…Unlike Anything We’ve Seen Since The Early 20th Century’
• What’s Going On With NIO Shares Wednesday?

Consumer

• Dollar Tree Q2 Earnings: Revenue And EPS Miss, Cuts Annual Forecasts As Customers Feel Macro Pressure On Spending, Stock Tumbles
• Hormel Foods’ FY24 Outlook Takes A Hit Amid Production Disruptions, Stock Plummets
• US Demands Probe Into Shein And Temu Over ‘Deadly’ Baby Products

Communication

• Snap CEO Evan Spiegel Announces Focus On Ad Business And AR Amid Still Competition From TikTok And Mark Zuckerberg’s Meta

Industrial

• In Face Of Harris And Trump Opposition, US Steel CEO Predicts Plant Shutdowns And HQ Relocation If Sale To Nippon Steel Fails: ‘I Don’t Have The Money’
• What's Going On With Southwest Airlines Stock Premarket Wednesday?
• Cathay Pacific’s A350 Fleet To Fully Resume Operations By Sep 7
• Boeing Starliner Return: Sunita Williams And Butch Wilmore Prepare Spacecraft For Uncrewed Journey Back To Earth

Healthcare

• Vivani Medical Reveals Positive Preclinical Liver Fat Results From Miniature GLP-1 Implant For Obesity

Financial

• Blackstone Makes Largest Asia Pacific Investment With AirTrunk Buyout Amid AI And Data Boom: Details
• Moody’s, S&P Global, Fitch Among Major Rating Agencies Hit With $49M SEC Fine Over Record-keeping Failures

General

Space

• Elon Musk’s Starlink Bows To Brazil’s Top Court, Blocks Access To X In The Country: ‘We Continue To Pursue All Legal Avenues…’

Energy

• Trafigura Signs $400M Prepayment Deal With Mineral Resources

Photo by SvetlanaParnikova via Shutterstock

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