Money
Eric Clapton’s guitar fetches $1.3m in auction
Eric Clapton’s iconic guitar, famously known as “Blackie,” has been sold for a staggering $1.3 million.
This historic instrument, considered one of the world’s most famous guitars, drew the attention of collectors and music enthusiasts alike.
“Blackie,” a black Fender Stratocaster, gained legendary status through Clapton’s extensive use during the 1970s and 1980s.
It played a pivotal role in shaping Clapton’s distinctive blues-rock sound, featuring prominently in some of his most iconic performances and recordings.
The auction, which took place at a prestigious music memorabilia auction house, attracted bidders from around the globe.
The winning bid came after intense competition, reflecting the guitar’s immense historical and musical significance. The buyer, whose identity remains undisclosed, now possesses a piece of rock and roll history.
This sale raises the question of the growing value of musical instruments as collectibles and investments.
What makes certain instruments, like Clapton’s “Blackie,” so highly sought after? How do iconic instruments contribute to the legacy of legendary musicians?
Money
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.
Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.
We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.
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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights
Money
Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.
Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.
The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.
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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker
Money
S&P 500 dips as tech stocks struggle with AMD leading losses
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.
Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.
Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.
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