$185M Liquidated In Crypto Sell-Off, Porsche Recalls Nearly 5,000 Taycan EVs For Fire Risk - Top Headlines Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
The US markets are set for a lower open due to looming inflation data. Tech stocks like Apple and NVIDIA are in focus. Oracle and Sight Sciences stocks are moving lower in the pre-market session. Cathie Wood's Ark Invest increased its stake in a chipmaker after selling $10M worth of Nvidia last week. In the crypto market, $185M was liquidated in a sell-off, with Bitcoin, Ethereum, and Dogecoin plummeting. Porsche is recalling nearly 5,000 Taycan EVs due to fire risk.
September 12, 2023 | 12:57 pm
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NEUTRAL IMPACT
Apple's stock is in focus as the US markets are set for a lower open.
The article mentions that the US markets are set for a lower open and Apple's stock is in focus. However, it does not provide any specific information about Apple that could impact its stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
$185M was liquidated in a crypto sell-off, with Bitcoin plummeting.
The article mentions a significant sell-off in the crypto market, with $185M liquidated and Bitcoin plummeting. This is likely to have a negative impact on Bitcoin's price in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
$185M was liquidated in a crypto sell-off, with Ethereum plummeting.
The article mentions a significant sell-off in the crypto market, with $185M liquidated and Ethereum plummeting. This is likely to have a negative impact on Ethereum's price in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
NVIDIA's stock is in focus and Ark Invest sold $10M worth of Nvidia last week.
The article mentions that Ark Invest sold $10M worth of Nvidia last week. This could potentially have a negative impact on NVIDIA's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Oracle's stock is moving lower in the pre-market session.
The article mentions that Oracle's stock is moving lower in the pre-market session. This indicates a potential negative impact on Oracle's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Porsche is recalling nearly 5,000 Taycan EVs due to fire risk.
The article mentions that Porsche is recalling nearly 5,000 Taycan EVs due to fire risk. This could potentially have a negative impact on Porsche's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100