Some of the world’s most valuable technology companies have suffered steep market value losses this year, marking a sharp reversal after years of outsized gains driven by enthusiasm around artificial intelligence. Investors are increasingly questioning whether massive AI-related spending will deliver returns strong enough to justify previously stretched valuations. Microsoft …
Read More »Bitcoin Extends Selloff as Rate Uncertainty Weighs; Strategy Dismisses Liquidation Fears
Bitcoin fell again on Monday, extending a prolonged downturn after cryptocurrency markets recorded four consecutive weeks of heavy losses, as uncertainty over U.S. interest rates continued to sap appetite for speculative assets. The world’s largest cryptocurrency retreated after briefly climbing toward the $70,000 level over the weekend. Bitcoin was last …
Read More »Explainer: Did the U.S. Economy Build Its Narrative on 900,000 Phantom Jobs?
In February 2026, the U.S. Bureau of Labor Statistics (BLS) released its annual benchmark revision, and the findings shocked markets. The update revealed that the American economy had added 900,000 fewer jobs in 2025 than previously reported. This was not a minor correction—it fundamentally reshaped the narrative of labor market …
Read More »Bitcoin Rebounds Near $69,000 After Shock By U.S. Jobs Data
The price of Bitcoin came under pressure after a major revision to U.S. employment data rattled global markets and revived concerns about economic uncertainty. The price of Bitcoin rebounded to around $68,987, rising more than 4% on the day, after markets digested the shock of a major revision to U.S. …
Read More »Bitcoin Drifts Near $66,000, Set for Fourth Weekly Loss as Risk Aversion Builds Ahead of U.S. Inflation Data
Bitcoin traded near the $66,000 level on Friday, extending a period of subdued price action and heading toward a fourth consecutive weekly decline, as investors remained cautious amid broad weakness across global risk assets and ahead of key U.S. inflation data later in the day. The world’s largest cryptocurrency was …
Read More »U.S. Jobless Claims Dip Modestly, Reinforcing Signs of a Stabilizing Labor Market
The number of Americans filing new applications for unemployment benefits fell slightly last week, offering further evidence that the U.S. labor market is stabilizing after a period of softness, though some underlying weakness remains. Initial claims for state unemployment benefits declined by 5,000 to a seasonally adjusted 227,000 in the …
Read More »Bitcoin Holds Near $67,000 as Strong U.S. Jobs Data Curtails Fed Cut Hopes
Bitcoin traded largely flat near the $67,000 mark during Asian hours on Thursday, as investors digested stronger-than-expected U.S. employment data that reduced expectations for near-term Federal Reserve interest rate cuts. The world’s largest cryptocurrency was last up 0.4% at $67,102.8, remaining capped below the key $70,000 level. Trading activity was …
Read More »Bitcoin Slips Below $67,000 as Markets Brace for U.S. Jobs Data and Fed Signals
Bitcoin fell below the $67,000 mark during Asian trading on Wednesday, retreating as investors turned cautious ahead of key U.S. employment data that could influence the Federal Reserve’s interest rate trajectory in the months ahead. The world’s largest cryptocurrency was last down 2.6% at $67,126.7 by 02:46 ET (07:46 GMT). …
Read More »Dollar Slides Ahead of Key Jobs Data as Yen Strength and Dovish Fed Bets Weigh
The U.S. dollar weakened on Wednesday, coming under renewed pressure ahead of the release of closely watched U.S. employment data that could shape expectations for Federal Reserve interest rate cuts later this year and into 2026. By 04:36 ET (09:36 GMT), the dollar index, which measures the greenback against a …
Read More »US Dollar Holds Steady as Markets Brace for Key Jobs Data
The US Dollar steadied near the 96.80 level on Wednesday, recovering some earlier losses as traders positioned themselves ahead of critical economic reports. Attention is squarely on the upcoming January Nonfarm Payrolls (NFP), scheduled for release later today, and the January Consumer Price Index (CPI) expected on Friday. These figures …
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