Reported Earlier, Trump Administration Weighing New Round Of Sweeping Tariffs On Semiconductors - Politico Exclusive
https://www.politico.com/news/2026/08/27/data-centers-chips-tariffs-threat-01050957
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AI’s surge pulled billions out of gold and Bitcoin; now the momentum trade is cracking as chip stocks slide and investors eye a potential reversal.
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https://www.politico.com/news/2026/08/27/data-centers-chips-tariffs-threat-01050957
Read original at benzingaNvidia surged 9% and cybersecurity names exploded higher, yet 10 of 11 S&P 500 sectors fell as yields firmed before Jackson Hole.
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Read original at benzingaNasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
Read original at benzingaBitcoin surged past $80,000 on August 25, 2026, driven by U.S. Treasury's increased bond buyback program and concerns about currency debasement. The rally is supported by strong ETF inflows and increased investor confidence, though risks remain from potential profit-taking and volatility. Sustainability depends on continued ETF inflows and favorable Treasury liquidity conditions.
Read original at zacks-investment-research