Key Facts Wall Street’s AI Rally Hits a Speed Bump After months of euphoria, U.S. markets took a breather as August closed out, led by weakness in AI-focused stocks. On Friday, Aug. 29, the S&P 500 and Nasdaq retreated from all-time highs amid a tech sell-off investopedia.com investopedia.com. The Nasdaq Composite sank 1.2% while the…
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Market Highlights: Bitcoin & Ether on the Rise, With Caution Bitcoin (BTC) spent the week on a roller coaster but showed resilience by Aug. 28. After dipping below $110,000 amid a mid-week risk-off pullback, BTC rebounded above $111K–$113K ts2.tech, buoyed by broader market strength – the S&P 500 hit fresh highs and chipmaker Nvidia’s stellar…
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Key Facts August 28, 2025 – AI Hype Hits New Heights Nvidia’s Big Beat and Market Rally: Thursday brought a euphoria of AI-driven gains on Wall Street. Nvidia’s blowout earnings (revenue up 56% year-on-year) confirmed that “demand related to AI technology remains strong,” even though Nvidia’s forecast excluded China due to export uncertainties reuters.com reuters.com.…
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Key Facts Market Overview: Bitcoin, Ether and Altcoins Rally (With Caution) Bitcoin (BTC) saw choppy trading on August 27, 2025, dipping under $110,000 before recovering above $111,000 by day’s end, as shown in the intraday price chart above nasdaq.com. After a volatile start to the week, Bitcoin (BTC) regained ground to trade around $112K–$113K by…
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In-Depth Report Nvidia’s Blockbuster Earnings Test the AI Trade AI-chip bellwether Nvidia delivered another blowout quarter, underlining the extraordinary scale of the ongoing AI boom. The company’s fiscal Q2 results (reported Aug 27) easily beat estimates, and management issued an even higher forecast for Q3 revenue — about $54 billion, plus/minus 2% reuters.com. That guidance edged past…
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Wall Street Rallies Ahead of Nvidia’s AI ‘Moment of Truth’ U.S. markets climbed on Aug. 26 as investors braced for Nvidia’s highly anticipated earnings release, which has been likened to an economic event in its significance reuters.com. The Dow Jones rose about 0.3%, and the S&P 500 and Nasdaq each gained ~0.4%, finishing near session…
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Bitcoin traded around $115,000–$117,000 over Aug. 24–25, 2025, roughly four times its level a year earlier and well above its 2021 all-time high of $69,000. Ethereum neared $4,800 and briefly hit about $4,870 on Aug. 24, 2025, approaching its record and signaling strong institutional demand. Aave deployed its v3 on the Aptos blockchain on Aug.…
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Nasdaq Composite slid nearly 0.7% mid-week while the S&P 500 tech sector fell about 2.5% as investors rotated out of AI-fueled gains. Nvidia became the first-ever $4 trillion U.S. company last month, underscoring its central role in the AI rally. Analysts forecast Nvidia’s fiscal Q2 EPS rising 48% on revenue of $45.9 billion. Options markets…
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Powell’s Jackson Hole speech signaled possible rate cuts, sending Bitcoin about 3.5% higher to over $116,000 and Ether up roughly 12%, with total crypto market cap above $4 trillion. Bitcoin broke above $117,300, triggering roughly $380 million in bearish short liquidations in a single day. Ethereum surged past $4,870 to a new all-time high, aided…
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Apple is reportedly in early talks to use Google’s Gemini AI to power Siri, a Bloomberg leak that sent Alphabet stock up 3.7% and Apple up 1.6%. Meta Platforms signed a deal with Midjourney to license its image-generation tech for Meta’s future AI products, linking Meta and Midjourney’s research teams under Meta’s new Superintelligence Labs.…
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