Stocks: Nvidia Declines Over 3% in Late U.S. Trading
Nvidia shares declined more than 3% in late U.S. trading, according to Jin10.
Nvidia shares declined more than 3% in late U.S. trading, according to Jin10.
Jin10 reports that Iran's economy minister attributes the depreciation of the country's currency to tensions in the media environment.
The minister says authorities are working to restore normal conditions in the foreign exchange market.
Bitcoin's 25% weekly surge lifted Zcash, Aave and XRP, with each clearing notable resistance on higher volume.
Prices showed ZEC up 75.5% to $846.51, AAVE up 64.5% to $136.08, and XRP up 53% to $1.50, while Bitcoin traded near $78,702 after hitting its highest level since May.
ZEC now eyes a test of $903, AAVE faces resistance at $150, and XRP could target around $1.70, though all three moves depend on Bitcoin sustaining its gains.
Polymarket's submarket tracking the event "Elon Musk tweet count from August 18, 2026 to August 25, 2026" showed a sharp reversal in the Yes side for the 300-319 range. The odds fell to 25.95% from 46.1% just an hour earlier, according to Catcher Predict's monitoring.
ChainCatcher recorded a 20.15 percentage-point swing in the market, with reports of related breaking news noted as a possible influence on trading behavior.
Siemens Energy AG has enlisted Goldman Sachs Group Inc. to help solicit offers for a majority stake in its steam turbine business, according to people familiar with the matter cited by Bloomberg.
Mexican President Claudia Sheinbaum said she remains hopeful about securing a trade agreement with the United States as her lead negotiator holds discussions in Washington, Bloomberg reported.
The remarks come after negotiations between the United States and Canada collapsed.
Wallstreetcn reported that Pakistan's army chief met Iranian Parliament Speaker Mohammad Bagher Ghalibaf this afternoon for discussions. The talks reflect Islamabad's effort to strengthen regional peace and security.
The win probability for the Natus Vincere option in Polymarket's submarket tied to the LoL: Natus Vincere vs. Fnatic LEC regular-season game jumped from 19% to 34% within an hour, a 15-percentage-point gain.
ChainCatcher reported the shift occurred in the Navi -1.5 / Fnatic +1.5 game handicap market, with observers cautioned to monitor for the impact of any breaking news on odds.
Allianz Group Chief Economic Adviser Mohamed A. El-Erian warned that U.S. Treasury intervention in the bond market, including using funds from the Treasury General Account to purchase securities, is a fragile strategy that is unlikely to succeed and could erode investor confidence.
He argued the move fails to address the core issue: heavy government debt issuance driven by financing needs, especially from the technology sector, while traditional buyers such as China, Japan, and Gulf producers have become less stable sources of demand.
According to El-Erian, such intervention would only be warranted if there were market failure or an institutional breakdown, conditions he does not see as present.
He also pointed out a troubling dynamic: market pricing is increasingly forcing the Treasury to react, rather than allowing the Treasury to guide the market.
In a statement relayed by CNBC, President Donald Trump said the United States plans to increase tariffs on imports of cars, trucks, and auto parts from Canada to 50% beginning January 1, 2027.