πŸ“Š SuperX AI stock plummets on allegations

Hi everyone, here is your πŸ“Š Daily Trade.

Here's what's happening today:

πŸ“ˆ Aristotle receives CFTC approval for prediction market
πŸ“‰ SuperX AI stock tumbles amid AI washing allegations
πŸ”» Halliburton cuts workforce as oil activity declines
πŸ“‰ U.S. job growth slows, Fed rate cut likely
πŸ“Š Weak job growth expected, focus on data revisions
🎁 +8 more stories you might like

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πŸ“ˆ Aristotle Gains CFTC Approval for New U.S. Prediction Market Link
  • Aristotle has received CFTC approval to operate as a DCM and DCO.
  • The new exchange aims to offer diverse markets and deeper liquidity.
  • It is set to launch in October 2025, enhancing prediction market transparency.
πŸ“‰ SuperX AI Faces Allegations of AI Washing, Stock Plummets Link
  • SuperX AI's stock plunged over 24% following a critical report by J Capital Research.
  • The report accuses the company of misleading investors with false AI claims.
  • Hagens Berman has launched an investigation into potential securities fraud.
πŸ”» Halliburton Reduces Workforce Amid Declining Oil Activity Link
  • Halliburton has been cutting staff due to lower oil prices and rising costs.
  • The layoffs affect up to 40% of employees in some business divisions.
  • The company anticipates a continued decline in revenue and market activity.
πŸ“‰ U.S. Job Growth Slows to a Crawl, Fed Rate Cut Anticipated Link
  • U.S. employers added only 22,000 jobs in August, below expectations.
  • The unemployment rate rose to 4.3%, the highest since 2021.
  • The weak labor market increases the likelihood of a Federal Reserve rate cut.
πŸ“Š Lackluster Job Growth Expected, Data Revisions in Focus Link
  • Economists forecast weak U.S. job growth and rising unemployment for August.
  • Revisions to previous employment data are expected to draw scrutiny.
  • Tariff uncertainties and reduced labor supply contribute to market softness.

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Other news & articles you might like

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  • πŸ”™ United Parks announces $500M share buyback (Link)
  • πŸ’Έ AbbVie declares quarterly dividend (Link)
  • πŸ₯ Florida removes vaccine mandate, public health concerns rise (Link)
  • 🏑 More Atlanta residents search for homes elsewhere (Link)
  • πŸ“ˆ Trump family's Bitcoin venture surges in Nasdaq debut (Link)

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