BTC
ETH
SOL
XRP
BNB
TON
DOT
LTC
POL
HBAR
NEAR
ARB
UNI
NewsFeeds: Macro
Macro news that moves crypto: Fed decisions, inflation data, the dollar and bond yields, rewritten by AI in our own words, credited and linked.
AI rewriteEvery flash here is rewritten by AI from an outlet’s flash or a public Telegram channel, and goes live without an editor reading it first. The outlet is named and linked on each one; AI also sets its topic and tone (Bullish, Bearish or Neutral: an AI reading of the flash, not investment advice), and when two outlets report the same news, you see it once.Where AI is used
Breaking news and our own Originals on your phone or desktop, the moment they are out. A few alerts a day at most.
Live · checking for new flashes
Fri 6 Nov
SanDisk shares rise 10.58% intraday to $892.86
SanDisk (SNDK) stock rose 10.58% intraday and was trading at $892.86, according to Binance market data.
Jason Calacanis says a further 10% fall in tech valuations would be his buying moment
Investor Jason Calacanis said on X that a further 10% drop in tech valuations would be an ideal buying opportunity, and that all his spare capital is going into Tesla, SpaceX, Uber, Amazon, Shopify, Microsoft, Google and Apple shares. He also predicted inflation would ease and markets would eventually hit record highs.
DKNG falls 26.3% in 24 hours to $17.02
DKNG dropped 26.3% over 24 hours and 5.5% in the past hour, trading at $17.02, according to MSX.COM data.
Address adds $5.04m Brent oil short as total profit reaches $20.9m
An address at 0xbf73…5d58 has increased a BRENTOIL short by about $5.04m, holding roughly 51,315.88 contracts, with cumulative gains on the account of about $20.9m.
US October unemployment rate falls to 4.1%, below forecasts
The US unemployment rate was 4.1% in October, below the expected 4.20% and down from a prior 4.20%.
Macro
ChainCatcherAINeutral
South Korea holds emergency market meeting after AI selloff
After Democratic wins in the US midterms, an AI-led selloff hit chip stocks globally; South Korea's deputy prime minister and finance minister called an emergency market meeting, exempting broker margin guarantees for three months, and the exchange triggered a sidecar halt on programme selling.
Previous related news
- US stocks fall, Nasdaq drops 5.52% as AI capex worries weigh
- Saxo's Charu Chanana says it is too early to call a bear market
- Japan and South Korea stock indices close down about 6%
Macro
US October nonfarm payrolls rise 165,000, beating forecasts
US nonfarm payrolls rose by 165,000 in October, well above forecasts of 65,000, while the unemployment rate fell to 4.1% from an expected 4.2%, the Bureau of Labor Statistics said. The payrolls report is among the data the Federal Reserve weighs in interest-rate decisions.
CME FedWatch puts December rate rise odds at 72.8% before payrolls
Ahead of US October nonfarm payrolls, CME's FedWatch put the probability of a 25 basis point Fed rate rise in December at 72.8%, with 27.2% seeing rates unchanged. Through January, 63.4% saw a cumulative 25 basis point rise.
Previous related news
See all 2 updates on December Fed rate hike oddsAlex Kuptsikevich says tech-stock fears are lifting the dollar as a haven
FxPro chief market strategist Alex Kuptsikevich said falling risk appetite driven by concerns over technology stocks has given the dollar support and a rebound. Investors worried about the future of artificial intelligence are selling shares and buying haven assets, he said.
MRNA rises 10.4% in an hour to $262.83
MRNA gained 10.4% in one hour and was trading at $262.83, according to MSX.COM data.
Previous related news
See all 2 updates on MRNA share price movesBlackRock's PFF preferred stock ETF buys 412,353 Strive shares
BlackRock's preferred stock ETF PFF has bought 412,353 Strive shares for the first time, a stake worth $38.8m.
Gold slips after topping $4,100 as Gate metals contracts lead
Gold briefly broke above $4,100 before easing to about $4,071.64, down 1.47% in 24 hours, while silver traded near $51.94, down 2.39%, CoinGlass data showed. Gate's XAU contracts ranked third globally by volume and open interest, at about $613m and $220m.
Previous related news
- Gate gold, silver and oil futures rank in top three network-wide, CoinGlass data shows
- Gate XAU futures turnover ranks second among centralised exchanges, CoinGlass says
- Gold and silver edge higher as Gate's XAU and XAG contracts rank second globally
QCP Capital says Democrats win both chambers but fall short of veto-proof majority
QCP Capital says Democrats have won the Senate 54-44 and the House 253-155, but lack the two-thirds majority needed to override Trump's veto. The S&P 500 fell 4.36% on Thursday and Bitcoin dropped 5.5% to $76,036.
Previous related news
- David Allen says AI sell-off stems from conflating tech promise with returns
- Ripple CEO Brad Garlinghouse says US needs clear digital-asset rules after midterms
- The Macro Paper says each $1 of Big Tech AI spending has coincided with $6.33 of market value lost
Fed's Williams says inflation is too high and has lasted too long
Federal Reserve official Williams said the labour market is unusually stable and solid, that inflation is too high and has persisted too long, and that the US economy is strikingly resilient, speaking before non-farm payrolls data.
Goldman Sachs data shows tech-focused hedge funds losing over 4% in a day as AI trades reverse
A sell-off in global tech stocks has hit hedge funds as AI-linked trades reverse, with Goldman Sachs data showing tech-focused long-short equity funds losing more than 4% in a day and their year-to-date returns falling to near zero from 24% in June.
Previous related news
See all 2 updates on Hedge funds unwind AI stock betsSamsung CEO Roh Tae-moon buys 3,000 shares for KRW 630m
Samsung Electronics CEO Roh Tae-moon bought 3,000 ordinary shares on 6 November at an average of KRW 210,000 each, about KRW 630m, raising his holding to 127,280 shares from 124,280. Samsung closed down 6.35% at KRW 188,700 the same day.
Macro
Asian chip sell-off wipes more than $18bn from 22 billionaires' wealth
As a global tech sell-off spread to Asia, 22 billionaires from China, Japan and South Korea in the world's 500 richest people lost more than $18bn, later down from over $21bn, by 02:00 UTC. Masayoshi Son lost the most, $3.9bn, leaving him about $29bn.
Germany's DAX 40 falls to 26,000 points, down 2.3% in 24 hours
Germany's DAX 40 fell to 26,000 points and last traded at 25,993.38, a 24-hour drop of 2.3%, according to Gate data.
PANews
Odaily
CoinNessNo flashes yet. New updates appear within a few minutes.