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Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that gold’s persistent outperformance over equities and cryptocurrencies is flashing a warning sign for risk assets. He noted that for nearly eight years, the S&P 500 has failed to gain ground against gold, reversing a long-term trend where stocks consistently outpaced the metal.  In an X post on August 23, McGlone said this divergence reflects fading confidence in human ingenuity and corporate earnings to deliver superior returns compared to hard assets. The concern extends to Bitcoin, often dubbed “digital gold,” which has also stalled against the metal. Even with the VIX at fresh lows, the cryptocurrency has struggled to sustain momentum. Gold Beating Stocks, Cryptos Is Disconcerting – It may be a distressing sign for risk assets that the S&P 500 and cryptocurrencies have flatlined vs. gold for nearly eight years. Stocks failing to beat the rock since 2017 counters lo...

All of Wall Street was driven to a state of panic to start the week. AI developments had driven a mass trading spree that saw some of the largest companies in the world suffer. However, Apple (AAPL) was one of the few tech stocks safe from the DeepSeek sell-off. That fact is more important to the company than anyone is realizing. The arrival of DeepSeek had proven to be a proverbial wrench in the AI sector. Indeed, the Chinese startup had proven to be as effective as some of the most prominent language model’s in the US, and at a fraction of the cost. However, where Nvidia (NVDA) and Microsoft (MSFT) struggled, the iPhone developer stood firm. Image Source: Markets Insider Also Read: Apple: Billionaires Ditch APPL for One Company Set to Pass it in 2025 Apple Not Harmed by DeepSeek Sell-Off: What it Says About Wall Street and AAPL Just last week, US President Donald Trump said the country would become the “world capital” of AI and crypto when speaking at the World Econo...

Microstrategy, a renowned business intelligence and IB tool firm stocks are spiking high amid the brewing Bitcoin boom. The firm is known for aggressively stashing Bitcoins and is currently holding $331,200 BTC tokens at present. As Bitcoin continues to scale past new price spots, inching towards $100K, the price of MSTR stocks is also spiking, displaying the harmony of Bitcoin with MSTR stocks in an established corporate regime. Also Read: De-Dollarization: How Long Will the US Dollar Remain Global Currency? MicroStrategy Stocks Are Consistently Rising: What’s Happening? Source: Exodus Wallet The stocks for Saylor’s Microstrategy are riding high on the radar. MSTR stock is currently sitting at $473 after spiking 9% last night in hopes of Bitcoin hitting the ambitious $100K mark. The firm’s stock is surging at a record pace and may ultimately cross the $500 threshold, which may prove lucrative for the firm in its entirety. “BREAKING: MicroStrategy stock, $MSTR, surges anothe...

Protos previously reported that GameStop was quietly rallying again, this time without the assistance of Keith Gill (aka DeepFuckingValue, aka RoaringKitty). However, that’s apparently no longer the case as Gill reappeared this weekend, not only on X (formerly Twitter) but also on Reddit. On X, Gill simply posted a green Uno reverse card, while on Reddit he shared his portfolio composition that appears to show $115 million in GameStop stock and ~$66 million in GameStop call options. The post is the first time that Gill has shared anything on Reddit since April 2021. It’s unclear how Gill was able to acquire so much capital unless he was able to bottom and top-tick GameStop stock previously or is receiving some sort of outside funding. Gill’s return prompted GameStop to shoot up in price yet again, from $22.91 to over $40.00 a share at open. Since then, the stock has largely return ed to earth, trading at just over $30 as of writing. RobinHood customers reported overnight t...