Streetbeat News

Economic Data

ALKT

Alkami Technology conducted research highlighting the growing challenges of financial fraud, with consumer losses reaching $12.5 billion in 2024. The study reveals that 77% of financial institutions anticipate an all-time high in fraud cases in 2025, and 93% of digital banking users consider data protection critically important.

Portfolio Pulse from

March 28, 2025 | 2:15 pm

GM

IVV

TSLA

US stock futures declined early Friday following a higher-than-expected core PCE inflation reading and President Trump's announcement of a 25% tariff on non-US-made vehicles. The core PCE price index rose 2.8% year-over-year in February, exceeding economist forecasts and raising doubts about potential Fed rate cuts. Automakers faced significant pressure, while some tech and industrial stocks showed mixed movements.

Portfolio Pulse from

March 28, 2025 | 2:00 pm

AIT

Despite significant headwinds including a slowdown in new orders, ongoing supply-chain challenges, and rising costs in the manufacturing sector, certain industrial stocks are positioned to potentially outperform. The Zacks Manufacturing - General Industrial industry is experiencing near-term difficulties, but specific companies like Dover Corporation (DOV), RBC Bearings (RBC), Applied Industrial Technologies (AIT), and NOW Inc. (DNOW) are highlighted as potential gainers.

Portfolio Pulse from

March 28, 2025 | 2:00 pm

FXE

The GBP/USD experienced significant volatility in Q1 2025, starting at 1.2500, dropping to 1.2100 in January, and surging to 1.3014 by mid-March, representing a 3.5% year-to-date performance. The Bank of England's 25 basis point interest rate reduction to 4.5% in February contributed to the pound's initial depreciation while aiming to support economic growth.

Portfolio Pulse from

March 28, 2025 | 2:00 pm

BTCUSD

FBTC

U.S. spot Bitcoin ETFs have experienced 10 consecutive days of net inflows totaling $1.06 billion, with Fidelity's FBTC leading the way. Despite modest inflows compared to earlier periods, the trend suggests ongoing institutional demand for Bitcoin exposure amid market volatility.

Portfolio Pulse from

March 28, 2025 | 2:00 pm

BTCUSD

Bitcoin miners are experiencing significant financial pressure due to a 25% decline in hashprice from late January, potentially threatening less efficient mining operations. The market is currently experiencing a stabilization period, but underlying risks of miner capitulation remain.

Portfolio Pulse from

March 28, 2025 | 2:00 pm

BTCUSD

IBIT

The article explores Bitcoin's potential trajectory from 2024 to 2030, highlighting both positive catalysts and potential challenges. Key positive factors include the rise of Bitcoin ETFs, potential supportive policies from the Trump administration, and Bitcoin's perceived hedge against inflation. Risks include potential economic recession, market uncertainty, and potential regulatory changes.

Portfolio Pulse from

March 28, 2025 | 1:45 pm

ADA

BTC

DOGE

SHIB

The cryptocurrency market experienced a significant downturn following the release of the Personal Consumption Expenditures (PCE) inflation index. The core PCE rose from 2.7% to 2.8% in February, exceeding median estimates and suggesting persistent inflation challenges. This data could prompt the Federal Reserve to maintain higher interest rates, negatively impacting cryptocurrencies like Bitcoin, Shiba Inu, Dogecoin, and Cardano.

Portfolio Pulse from

March 28, 2025 | 1:30 pm

BTCUSD

A record $16.5 billion in Bitcoin options are set to expire, creating significant market uncertainty. Traders are watching key resistance levels around $88K-$90K, with call options concentrated near these prices. Technical indicators suggest potential volatility, with Bitcoin currently trading around $86,100 and struggling to maintain upward momentum.

Portfolio Pulse from

March 28, 2025 | 1:15 pm

FNMA

Fannie Mae's Economic and Strategic Research Group has revised its mortgage rate outlook downward, expecting rates to end at 6.3% in 2025 and 6.2% in 2026. The group anticipates a modest economic growth of 1.7% in 2025 and 2.1% in 2026, with potential slight improvement in home sales due to lower interest rates.

Portfolio Pulse from

March 28, 2025 | 1:15 pm