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GRAPHIC: Nvidia's growing sway over U.S. stock market - Vimarsana News

GRAPHIC: Nvidia's growing sway over U.S. stock market

No single stock has embodied the U.S. market’s artificial intelligence fervor as much as Nvidia Corp, leaving Wall Street tied to the fluctuations of its volatile shares. The semiconductor company, whose chips are considered the gold standard in the AI industry, forecast fiscal first-quarter revenue above estimates after the market closed on Wednesday in one of the most highly anticipated earnings releases in recent memory. Given the company’s status as a bellwether of the AI industry and its heavy weighting in U.S. indexes, the way investors react to its earnings report in com...

Source: yahoo.com
US asset managers ready for turn in China sentiment with products stacked up - Vimarsana News

US asset managers ready for turn in China sentiment with products stacked up

Three straight years of losses from Chinese markets and anti-Beijing rhetoric from Washington have not deterred some U.S. asset managers from introducing products they hope will thrive if Chinese stocks rebound. China's markets have been hit by a long-lasting property crisis, slowing growth and geopolitical tension. The Institute of International Finance estimates $80 billion of outflows from Chinese portfolios last year, and the bellwether blue-chip CSI 300 Index has fallen 43% from its record high of three years ago.

Source: yahoo.com
Regulatory nod for US spot bitcoin ETF options may take months- sources - Vimarsana News

Regulatory nod for US spot bitcoin ETF options may take months- sources

Options on new U.S. spot bitcoin exchange-traded funds (ETFs) could take months to gain regulatory approval, potentially dampening the appeal of the underlying products, multiple industry sources said. The Securities and Exchange Commission (SEC) last month approved spot bitcoin ETFs, in a watershed for the crypto industry. The SEC oversees technical rule changes that exchanges must make to list options, and typically approves them days after an ETF starts trading.

Source: yahoo.com
Hedge funds cash in on Grayscale bitcoin ETF conversion - sources - Vimarsana News

Hedge funds cash in on Grayscale bitcoin ETF conversion - sources

A handful of hedge funds made a winning bet on approval of a spot bitcoin exchange-traded fund by investing in the Grayscale Bitcoin Trust well ahead of regulatory sign off, according to sources...

Spot bitcoin ETFs draw nearly $2 billion in first three days of trading - Vimarsana News

Spot bitcoin ETFs draw nearly $2 billion in first three days of trading

A new batch of U.S. bitcoin exchange-traded funds has attracted strong investor interest, though it is unclear if they will be able to maintain the pace of inflows in coming weeks. ...