Top Market, Crypto, Tech and Politics Headlines Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
The US markets experienced lower volatility ahead of the jobs report, with the S&P 500 settling lower. DBV Technologies and other penny stocks are being bought by insiders. In crypto, Shiba Inu outperformed Dogecoin and Pepe Coin, while Bitcoin, Ethereum, and Dogecoin fell amid rising jobless claims. Apple has been working on ChatGPT-like AI tech for years and is preparing for the iPhone 15 Pro launch. Tesla is gearing up for the launch of the 'Highland' Model 3. Hedge funds lost over $6B betting against US cruise lines and hotels.
August 04, 2023 | 3:08 pm
News sentiment analysis
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NEGATIVE IMPACT
The S&P 500 settled lower ahead of the jobs report, indicating potential market uncertainty.
The lower settlement of the S&P 500 ahead of the jobs report could indicate market uncertainty, potentially leading to a short-term decrease in the ETF's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Apple has been working on ChatGPT-like AI tech for years and is preparing for the iPhone 15 Pro launch, which could potentially boost its stock.
The development of new technology and the upcoming product launch could potentially increase investor interest in Apple, leading to a short-term rise in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Insiders are buying DBV Technologies and other penny stocks, indicating potential confidence in these companies.
Insider buying often indicates confidence in a company's future performance. This could potentially lead to increased investor interest and a short-term rise in the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Tesla is gearing up for the launch of the 'Highland' Model 3, which could potentially boost its stock.
The upcoming product launch could potentially increase investor interest in Tesla, leading to a short-term rise in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90