Oil prices set for largest quarterly drop since 2020: Bloomberg

The surge in US stocks highlights growing investor confidence in tech and AI, potentially reshaping market leadership and economic trends. The post US stocks see biggest quarterly gain since 2020, led by tech and AI sectors appeared first on Crypto Briefing.

The strong equity gains highlight AI's transformative impact on markets, while crypto's stagnation underscores its distinct investment dynamics. The post S&P, Nasdaq post biggest quarterly gains since 2020 amid volatility appeared first on Crypto Briefing.

Jay Hatfield, CEO of Infrastructure Capital Advisors, says a “power rally” is coming for stocks in July, driven by falling oil prices and softening inflation data. Hatfield tells Fox Business he expects crude oil, which he says is headed toward $60 after dropping below $70, to help produce negative month-over-month CPI prints in July and […] The post Capital Advisors CEO Says July ‘Power Rally’ Incoming For Stocks – Here’s Why appeared first on The Daily Hodl.

Rising demand for put options and persistent ETF outflows highlight Bitcoin's weakness despite lower oil prices.

Ford has rehired approximately 350 experienced engineers after the company’s investment in AI and automated quality control systems failed to meet expectations, according to Bloomberg. In short, the technology did not detect enough problems. “We mistakenly believed that we could create a high-quality product simply by introducing artificial intelligence and inputting our design requirements,” Charles Poon, head of Ford’s hardware development, told Bloomberg. The rehired quality inspectors — known internally as “gray beard” engineers for their experience and years with the company — are now working to identify defects before components reach the factories. Still, Ford is not abandoning AI completely; the experienced engineers will be asked to help train younger employees and improve the company’s AI tools.

The Commodity Futures Trading Commission is conducting a broad investigation into Polymarket covering staged trades and fake winning bets, Bloomberg reported Friday, advancing the agency’s scrutiny beyond the platform’s prior influencer scheme.

Lower oil prices may boost UK economic growth, challenging prior pessimistic forecasts and potentially influencing monetary policy and risk assets. The post Bloomberg Economics raises UK growth forecasts as oil prices fall appeared first on Crypto Briefing.

Lower oil prices from geopolitical stability may boost UK economic growth and reduce inflation, despite potential unemployment challenges. The post UK growth outlook brightens as US-Iran truce lowers oil prices appeared first on Crypto Briefing.