Tracking trending topics

  • OpenAI's third-quarter revenue rose to approximately $10 billion. This news boosted the Nasdaq and AI-related sectors.
  • US October CPI exceeded expectations, reaching the threshold for a significant interest rate hike mentioned by Waller, leading the market to increase bets on a 50 basis point rate hike by the Federal Reserve next month. This news is bullish for the US dollar.
  • Anthropic plans to issue 825 million shares at $70 to $78 per share, raising up to $64.4 billion. This news is a short-term positive for the Nasdaq.

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