Actualités financières en direct

Robinhood’s prediction-market revenue surged more than sixfold to $173 million in the third quarter, exceeding its cryptocurrency trading revenue as cryptocurrency sales fell 55% from a year earlier. The online brokerage lets customers trade …

Robinhood’s prediction-market revenue surged more than sixfold to $173 million in the third quarter, exceeding its cryptocurrency trading revenue as cryptocurrency sales fell 55% from a year earlier. The online brokerage lets customers trade stocks, options, … Robinhoods prediction-market revenue surged more than sixfold to $173 million in the third quarter, exceeding its cryptocurrency trading revenue as cryptocurrency sales fell 55% from a year earlier.T…

The European Central Bank (ECB) is expected to leave interest rates unchanged at its upcoming policy meeting on Thursday, keeping the deposit rate at 2.5%. After the September rate hike and amid risin... The …

The European Central Bank (ECB) is expected to leave interest rates unchanged at its upcoming policy meeting on Thursday, keeping the deposit rate at 2.5%. After the September rate hike and amid risin... The European Central Bank (ECB) is expected to leave interest rates unchanged at its upcoming policy meeting on Thursday, keeping the deposit rate at 2.5%. After the September rate hike and amid risi…

Bitcoin may be approaching a major turning point as large holders ease selling pressure. According to on-chain metrics provider Wealthmanager, Bitcoin whales have been accumulating. Why is this the case? Data from CryptoQuant shows …

Bitcoin may be approaching a major turning point as large holders ease selling pressure. According to on-chain metrics provider Wealthmanager, Bitcoin whales have been accumulating. Why is this the case? Data from CryptoQuant shows whale holdings shifted from a net change of -282,000 BTC in July to -39,000 BTC, an improvement of about 243,000 BTC in less than three months. Source: CryptoQuant Adding another layer to the story, Vanguard, an asset management giant overseeing about $13.3 trillion, recently bought $7.5 million in shares of Metaplanet, a company known for its Bitcoin treasury strategy. This investment is noteworthy because it provides indirect exposure to Bitcoin through a publicly traded company whose strategy centers on accumulating the cryptocurrency. Is BTC Eyeing a Major Rally? Wealthmanager also noted that Bitcoin is consolidating in a structure resembling a pattern witnessed in 2023, before the apex cryptocurrency embarked on a significant rally. Source: Wealthmanager Therefore, it remains to be seen whether BTC follows in its 2023 footsteps, with the price trading at $81,239 per CoinGecko data. Meanwhile, bearish sentiment won’t wash away, as searches for the phrase “Bitcoin is dead” have reached their highest level since 2022. Binance founder Changpeng Zhao (CZ), however, has framed this pessimism as a potential buying opportunity, noting that extreme negative sentiment has historically coincided with attractive entry points.

Federal Reserve Chairman Kevin Warsh pushed back Wednesday on any suggestion that next week's midterm elections had a role in the Fed's decision to keep interest rates steady . He also dodged multiple questions …

Federal Reserve Chairman Kevin Warsh pushed back Wednesday on any suggestion that next week's midterm elections had a role in the Fed's decision to keep interest rates steady . He also dodged multiple questions on political topics and pressure coming his way from the Oval Office. But it wasn't for a lack of trying from the assembled reporters. "I appreciate the question, but I'm not going to be responding to quotes from public officials," Warsh said during a press conference when presented with criticisms from President Trump that interest rates should be lower and that his colleagues on the Federal Open Market Committee were "political." When the subject turned to the midterm elections, Warsh was similarly curt. "Politics played no role in the decision," the chair said, adding, "I just spent two days with my colleagues upstairs. I didn't hear an utterance about politics." He had another political topic to address before it was over when he was asked about a hearing planned for next week of a White House committee investigating allegations against Federal Reserve governor Lisa Cook. Read more: How much control does the president have over the Fed and interest rates? Federal Reserve Chairman Kevin Warsh departs after speaking during a press conference following the Federal Open Market Committee's interest rate decision in Washington on Oct. 28. (Saul Loeb/AFP via Getty Images) · SAUL LOEB via Getty Images It's the latest twist in the White House effort to remove Cook from the central bank. Warsh was asked if he personally or the Fed as an institution would be involved in those proceedings. "Not to my knowledge," he said. Warsh even seemed wary of weighing in on President Trump's effort to rebrand artificial intelligence (AI) as super intelligence (SI), answering a question on the topic before quickly noting, "whether you pronounce it AI or SI ... is up to you." Read more: How jobs, inflation, and the Fed are all related He defended the central bank's decision to keep interest rates steady less than a week before the midterm elections and maintained that he is determined to get inflation to 2%. But the bevy of political questions underscored the meeting's politically fraught timing , which the Fed has had to navigate before. The central bank raised rates in 2022 ahead of midterm voting, which Democrats blasted . The Fed then cut rates in 2024, which then-candidate Donald Trump immediately called "a political move to try and keep somebody in office." This time, the central bank held steady. Trump didn't immediately weigh in on the merits of the decision but told reporters on Wednesday afternoon he had not spoken to Warsh about this week's decision. Last month, the president said he had spoken to Warsh before that meeting and has long been vocal about why he thinks interest rates should be lower.

This article examines how recent events may relate to prediction market pricing. It reflects interpretive analysis of publicly available information and is provided for informational purposes only. Markets will be closely monitoring the STRC …

This article examines how recent events may relate to prediction market pricing. It reflects interpretive analysis of publicly available information and is provided for informational purposes only. Markets will be closely monitoring the STRC share price as it approaches the $100 threshold, which could trigger significant Bitcoin purchases by Strategy. Additionally, any announcements regarding the company’s Bitcoin acquisition strategy may influence market confidence and share pricing. Observers will also watch for developments in Strategy’s financial strategies, including dividend rates and equity liabilities, which could impact market perceptions of the preferred shares. Strategy Inc .’s preferred shares have reached a five-month high, as reported by @BitcoinArchive. This surge comes amid remarks from Michael Saylor, the executive chairman of Strategy, who has indicated plans to resume significant Bitcoin purchases once the STRC share price hits $100. The preferred shares closed at $99.49 on October 27, nearing their 52-week high of $100.42. Strategy recently allocated $204.9 million for the repurchase of approximately 2.07 million STRC shares, suggesting a strategic focus on maintaining share value while pausing Bitcoin acquisitions. Disclaimer This article contains analysis of publicly available information and market data and is for informational purposes only. It does not constitute investment advice or a recommendation to buy, sell, or hold any asset or contract. Content may include AI-assisted interpretation and may be incomplete or subject to change. Market conditions may evolve rapidly, and the timing of information may affect how it is interpreted. Market participants may act on similar information at or around the time it becomes available. You are solely responsible for any decisions made based on this content. For additional details, please review our full Disclaimer & Risk Disclosure.

Google's parent is stockpiling its own AI chips for outside buyers, and the cash won't fully come back until 2027 Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use …

Google's parent is stockpiling its own AI chips for outside buyers, and the cash won't fully come back until 2027 Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article. Alphabet is learning what every hardware company already knows: building products before you get paid for them is expensive. An Alphabet executive said a higher inventory of Tensor Processing Unit (TPU) systems built for sale reduced the company’s operating cash flow. That inventory build has helped push Google’s parent into negative free cash flow, territory it hadn’t visited since going public. The numbers behind the squeeze In its Q2 2026 earnings report, Alphabet posted its first negative free cash flow since its 2004 IPO. Operating cash flow came in at $39.1 billion. Capital expenditures hit a record $44.9 billion. The result was free cash flow of negative $5.9 billion. Inventory is a big part of the story. It climbed from $2.4 billion at the end of 2025 to $9.991 billion by June 30, 2026. That’s an increase of $7.55 billion in the first half of the year alone. Most of that buildup is tied to TPUs, Google’s custom AI chips, produced for external customers. Every chip sitting in a warehouse is cash that has gone out the door and hasn’t come back yet. CFO Anat Ashkenazi flagged the rising inventory on the earnings call. She said Alphabet recognized revenue from TPU sales in Q2, but expects most of the related revenue to be realized in 2027. The pressure didn’t let up in the following quarter. Alphabet reported free cash flow of negative $9.07 billion for Q3 2026, with capital expenditures climbing to $51.36 billion. AI, tech, and the markets they move—in one daily briefing. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime. Cloud is booming, which is sort of the point Google Cloud revenue surged 103% year-over-year in Q3 2026, reaching $30.71 billion. TPU systems played a central role in that growth. Alphabet also raised its 2026 capex guidance to between $195 billion and $205 billion. The previous range was $180 billion to $190 billion. Why the business model shift matters The core change here is how Alphabet monetizes its chips. Historically, Google rented TPU capacity through its cloud. Customers paid for compute time, and Google kept the hardware in its own data centers. Now Alphabet is selling complete TPU systems directly. That model requires Alphabet to carry far more inventory. Cash gets tied up in chips and systems until they ship and the revenue is booked. So the negative free cash flow is partly a timing issue. Alphabet has paid to build hardware for which, by its own CFO’s account, most of the revenue isn’t expected until 2027. What this means for investors and the AI race For Alphabet shareholders, the picture cuts two ways. On one side, a cloud business growing 103% suggests real demand for Google’s AI hardware. On the other side, the company is funding that growth with cash it isn’t generating fast enough to cover. Two straight quarters of negative free cash flow, at negative $5.9 billion and then negative $9.07 billion, mark a sharp break from Alphabet’s history. The key variable is conversion. If those TPU systems deliver and the revenue arrives as Ashkenazi expects, the inventory pile should eventually turn back into cash. With guidance now at $195 billion to $205 billion for 2026, spending is rising faster than operating cash flow. By selling full TPU systems, Alphabet is stepping more directly into the AI hardware market rather than keeping its chips as an in-house advantage for Google Cloud. That broadens its addressable market, but it also brings the working-capital headaches that come with selling physical products. What to watch next: Alphabet’s inventory line in coming quarters, any update on TPU delivery timing, and whether 2027 revenue recognition lines up with management’s expectations.

Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Federal Reserve Chairman Kevin Warsh addressed why the central bank didnt raise interest rates on Wednesday. This story …

Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Federal Reserve Chairman Kevin Warsh addressed why the central bank didnt raise interest rates on Wednesday. This story appeared on marketwatch.com, 2026-10-28 19:56:00.

Stocks edged up on Wednesday after the Federal Reserve kept interest rates unchanged and Federal Reserve Chair Kevin Warsh said there are signs that financial conditions have tightened over the weeks since the central …

Stocks edged up on Wednesday after the Federal Reserve kept interest rates unchanged and Federal Reserve Chair Kevin Warsh said there are signs that financial conditions have tightened over the weeks since the central bank conducted a hike in September. The D… Stocks edged up on Wednesday after the Federal Reserve kept interest rates unchanged and Federal Reserve Chair Kevin Warsh said there are signs that financial conditions have tightened over the weeks…

Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year. Kevin M. …

Kevin M. Warsh, the Federal Reserve’s chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year. Kevin M. Warsh, the Federal Reserves chairman, said the central bank would vote on interest rates seven times in 2027 and six in 2028. It has traditionally voted eight times per year. This story app…

U.S. Treasury Secretary Scott Bessent has reiterated the significant correlation between bond yields and oil prices, suggesting that fluctuations in the energy market could impact financial instruments. This statement comes as the 10-year Treasury …

U.S. Treasury Secretary Scott Bessent has reiterated the significant correlation between bond yields and oil prices, suggesting that fluctuations in the energy market could impact financial instruments. This statement comes as the 10-year Treasury yield hovers near 4.99% and crude oil prices remain high, with WTI at approximately $99.90 per barrel and Brent crude around $113.88. The connection between oil prices and yields is often linked to inflation concerns, with rising energy costs potentially leading to higher inflation and, consequently, higher yields. Markets are currently analyzing how these factors might influence various economic and political outcomes, including the likelihood of Senate control shifts in the upcoming elections. Key Takeaways Bessent’s statement suggests a strong link between bond yields and oil prices, impacting financial and political markets. Current market pricing reflects concerns over inflation and its potential effect on yields and political outcomes. The correlation highlighted by Bessent appears consistent with the possibility of oil prices influencing Senate race outcomes. What to Watch Market participants will closely monitor oil price trends and bond yield movements for further indications of economic sentiment. Any significant changes in these metrics could influence predictions around the Senate race and control. The upcoming reports from the EIA and potential OPEC+ decisions on production cuts or increases will be key indicators of future oil price directions. Additionally, shifts in polling data leading up to the election may provide further clarity on the potential impact of these economic factors on election outcomes.