Roubens Andy King

Investing

Dow drops 600 points, S&P 500, Nasdaq sink after weak jobs report, Trump’s tariff redux

The big market action after a shocking July jobs report was being seen in the bond market Friday morning. Treasuries were in rally mode as traders moved to price in…

Trading

National furniture brand faces Chapter 7 bankruptcy, liquidation

Most Americans pretty much ignore recall notices. Even car manufacturers have to go to fairly great lengths to get people to bring their vehicles in for needed repairs. There’s just…

Tech

Anthropic studied what gives an AI system its ‘personality’ — and what makes it ‘evil’

On Friday, Anthropic debuted research unpacking how an AI system’s “personality” — as in, tone, responses, and overarching motivation — changes and why. Researchers also tracked what makes a model…

Finance Expert

Expect still 3 rate cuts amid ‘murky’ economic data – HSBC’s James Pomeroy (US10Y:null)

J Studios James Pomeroy, Global Economist at HSBC, still expects three interest rate cuts from the U.S. Federal Reserve as economic data continues to send mixed signals. During a CNBC…

Business

Coinbase stock takes a hit as lower crypto volatility slows trading activity

Coinbase (COIN) stock plunged 14%, its biggest intraday drop since April after the crypto platform high flyer's revenue last quarter took a hit from lower trading volume. Revenue for the…

Invest News

moomoo Offering 8.1% APY On Your Univested Cash

When it comes to building wealth, locking in a high rate of return is appealing. In general, savers and investors have to take on a higher level of risk in…

Investing

Economists react to weak July jobs report as rate cut bets surge

Wall Street strategists are sharply recalibrating their economic outlooks after Friday’s July jobs report showed weaker-than-expected hiring and staggering downward revisions to prior months' data, suggesting the labor market may…

Trading

IonQ makes surprising move to drive quantum computing adoption

IonQ (IONQ) , one of the most prominent players in the commercial quantum computing space, is finally making a bold strategic pivot. The company, known for its breakthroughs in trapped-ion quantum…

Tech

Itch.io starts reindexing free NSFW content

Digital storefront Itch.io is reindexing its free adult games, and is talking to its partnered payment processors about plans to gradually reintroduce paid NSFW content. In a new , the…

Business

US adds just 73,000 jobs in July amid pressure from trade war and ‘increasing signs of fragility’ in labor market | US unemployment and employment data

The US economy added 73,000 jobs in July, far lower than expected, amid ongoing concerns with Donald Trump’s escalating trade war. Forecasters surveyed by Bloomberg had predicted the July jobs…