JUST IN: ๐บ๐ธ๐ฎ๐ท President Trump: Iran deal to be signed within 48 hours; US military to stay in Gulf; Calls it unfair for Iran to have no ballistic missiles if other countries do
The market is dropping in response to the Fed's first meeting with Kevin Warsh as Fed Chair for one key reason:
We will have far less information going forward.
During the press conference today, Fed Chair Warsh announced that the Fed has "dropped" forward guidance.
He even hinted that the "dot plot" could be changed or eliminated along with all forms of Fed communication, such as the policy statement and press conferences.
In other words, the market will now have less Fed outlook which means more uncertainty.
On top of this, the five new "task forces" established by Warsh were said to have grand objectives with minimal guidance on what to expect.
As markets have repeatedly proven, uncertainty and volatility go hand-in-hand.
The new era of Fed policy will come with more volatility.
Nvidia $NVDAB is issuing over $20 billion in corporate bonds, its first major high-grade offering since 2021, not due to any financial weakness but as a strategic move to fund its aggressive AI growth while preserving its massive cash reserves and strong free cash flow. The company, which dominates AI chip demand, needs enormous capital for ongoing R&D on next-generation processors, operations, potential acquisitions, and infrastructure to meet exploding market needs; by borrowing at low rates across various maturities in a favorable environment with high investor appetite, it locks in cheap financing for general corporate purposes and refinancing without tapping its liquidity. This mirrors actions by other tech giants in the AI race, providing flexibility amid rapid innovation, competition, and uncertainties, while signaling confidenceโevidenced by positive stock reactionโas debt remains minimal relative to Nvidiaโs profitability and returns on AI investments
BITMINE ACQUIRES NEARLY 127,000 ETH, TOM LEE DISMISSES PANIC FROM THE DUMP
Bitmine has scooped up nearly 127,000 ETH, valued at around $207 million, amidst a significant market correction. This acquisition boosts the company's total Ethereum stash to approximately 5.54 million ETH, indicating that Bitmine is still stacking up despite ETH facing selling pressure.
Chairman Tom Lee believes that the current dump doesnโt alter the long-term fundamentals of Ethereum. He asserts that the fundamentals of ETH remain strong, and the market dip could be a prime opportunity for institutions to continue accumulating strategic assets.$TSLAB
THIS IS NOT GOOD BUFFETT SAYS PEOPLE ARE GAMBLING LIKE NEVER BEFORE. HE WARNS THE DOLLAR MAY NOT LAST FOREVER AND THIS MARKET MAKES LESS SENSE THAN EVER. $397B IN CASH IS HIS RESPONSE. THE MAN WHO SURVIVED EVERY CRASH IS GETTING DEFENSIVE.$BTC
We called $LAB when nobody thought $3 was possible again. Now look where it is. Thereโs only one real king here the rest are just copycats pretending to wear the crown