Tag: Frenzy

Inside the Biden Camp’s Post-Debate Frenzy

In the wee hours of Friday morning, not long after President Joe Biden had walked off the stage from a disastrous debate, his campaign chair, Jen O’Malley Dillon, acknowledged in a series of private calls with prominent supporters that the night had gone poorly but urged them not to overreact. Later on Friday, top White […]

China Steps Up Warnings on Relentless Bond-Buying Frenzy

(Bloomberg) — China has ramped up warnings against bond bulls via state-media reports amid signs the frenzy to buy government debt is trickling back. Most Read from Bloomberg Bond funds will find it difficult to sustain the returns which have exceeded 10% in some cases so far this year, Financial News, backed by the People’s […]

A Popular Arbitrage Trade Backfires as TSMC Frenzy Grows in US

(Bloomberg) — The long-favored arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co.’s Taipei shares while shorting its US listing is starting to become painful. Most Read from Bloomberg The enthusiasm over artificial intelligence in the US has pushed TSMC’s American depositary receipts to their most expensive price versus the Taiwan stock since 2009 this quarter, […]

Bitcoin Mining Stocks Soar Amid Takeover Frenzy

Bitcoin mining stocks outperformed other cryptocurrency-linked stocks Thursday after multiple industry takeover offers drew market attention to the question of who could be the next target. Shares of miners such as Stronghold (SDIG), Core Scientific and TeraWulf (WULF) surged more than 15%. Gains in Iris Energy (IREN), Mawson (MIGI), Cathedra (CBIT) and Argo Blockchain exceeded […]

ETFs to Tap on NVIDIA’s 10-for-1 Stock Split Retail Frenzy

NVIDIA NVDA has been on a solid run with no signs of a slowdown. After blockbuster results, the AI chipmaker is making a series of new record highs on the upcoming 10-for-1 stock split, which will make its shares more affordable to a wider range of investors, including the ones who make small trades, and […]

AI Frenzy Draws Stock Traders to Southeast Asia’s Likely Winners

(Bloomberg) — Equity investors are scouring Southeast Asia for alternatives to play the artificial intelligence theme as tech giants pour billions of dollars in infrastructure spending over the next few years. Most Read from Bloomberg Power producers are becoming a favorite as more data centers are set up in the region, thanks to lower energy […]

Solar storm frenzy of May 2024 was strong enough to affect the deep sea

There might be total darkness in the depths of the sea, but the sun still impacts the abyss. During this month’s solar storms — you know, the ones that resulted in the aurora lighting up half of the planet on May 10 — Ocean Networks Canada’s (ONC) deep-sea observatories recorded disturbances in the Earth’s magnetic field. The […]