Markets News

With US stocks plummeting and gold prices crashing, is shorting the next opportunity?

With US stocks plummeting and gold prices crashing, is shorting the next opportunity?

· Nvidia showcased its next-generation CPO solution, stating that it has already received prototype samples. This news is beneficial to Nvidia. · OpenAI's funding target has been drastically reduced by $10 billion, and its valuation has been simultaneously lowered to $1.25 trillion. This news is negative for the Nasdaq index. · Federal Reserve - Logan: The Fed needs to raise interest rates at least twice more, totaling 50 basis points. Musalaim: Another rate hike will be necessary soon. This news is bullish for the US dollar.

TOPONE Markets Analyst
2026-11-02 08:30:00
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