Looks like regular folks are moving their money out of gold and Bitcoin and into semiconductor stocks π
Since April, gold and Bitcoin ETFs in the US have lost $12 billion, while semiconductor ETFs gained $20 billion.
By mid-May, outflows from gold and Bitcoin tripled, bu
A bunch of local newspaper owners across the country are suing OpenAI and Microsoft, claiming they stole copyrighted content on a huge scale. 400 papers involved.
Bank of America now predicts the US Fed will hike rates 3 times in 2026. They expect 0.25% increases in September, October, and December, pushing rates to 4.25-4.5% by year-end. BofA also reckons the Fed won't start cutting again until 2028 - via Yahoo Finance.