This year witnessed a strong rally in mega-tech stocks right from the beginning. After a brief pause in late summer, they regained momentum and are poised to end the year with impressive gains. Gene Munster, a tech venture capitalist and analyst ...
Billionaire businessman Mark Cuban, a vocal critic of Elon Musk‘s management of the social-media platform X, responded to Musk’s inquiry about the anti-parasitic treatment, ivermectin.
What happened: A user on the X platform with the handle @MdBreathe ...
The U.K.’s apparent lack of preparedness and insufficient investment in cybersecurity has reportedly left it highly prone to “catastrophic ransomware attacks,” as per a parliamentary committee.
What Happened: The joint committee on the national ...
Tesla Inc (NASDAQ:TSLA) investor and Future Fund Managing Partner, Gary Black, dismissed the company’s latest massive recall as inconsequential for the EV giant’s valuation.
What Happened: Early on Wednesday, Tesla issued a recall for over 2 million ...
A Monitoring the Future (MTF) survey, which studies teen drug habits, delivered a surprise on Wednesday: teenage cannabis use has remained stable across all age groups, even as more states embrace legal weed for adults. The survey, conducted by the ...
The cryptocurrency market experienced mixed trading on Wednesday evening, largely influenced by the Federal Reserve’s (Fed) announcement of potential interest rate cuts in the upcoming year.
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The year 2023 has been a game changer for the broader crypto community with Bitcoin (CRYPTO: BTC) riding the wave with significant gains.
Digital assets managed to be in the limelight this year for a stronger regulatory framework across the globe ...
The Fed’s decision to hold rates steady in the last meeting of the year, coupled with a dovish shift in economic projections, elicited a range of reactions from financial experts and leading economists.
While some see early signs of a rally, others ...
It's easy to imagine why auto enthusiasts would be nostalgic for the Land Rover Defenders of the 1980s. The rugged look and strength of the four-wheel-drive vehicle conjures thoughts of off-road adventures, bouncing across steep, snowy terrains with ...
Former New York Rep. George Santos became only the sixth Congress member to ever be expelled.
The event happened after months of allegations of lying and federal charges brought against the Republican. Since leaving office, Santos has made his ...
On Tuesday, ratings agency S&P published a report examining eight of the leading stablecoins, finding many are deficient.Arguably, a pegged U.S. dollar stablecoin would not only safely increase the money supply, but actually improve the money supply. In fact, it would enhance
The Federal Reserve decided to leave its policy interest rate unchanged at its last meeting of 2023 Wednesday, as largely expected by market participants, with Fed Chair Jerome Powell acknowledging the current interest rate is “likely at or near the ...
2024 could be a year of significant milestones for the cryptocurrency industry.
Crypto index fund manager Bitwise on Wednesday laid out key trends to look forward to, including Bitcoin's (CRYPTO: BTC) reaching new heights as well as the emergence of ...
Even as major cryptocurrencies including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading at psychologically important levels amid anticipation over approval of spot Bitcoin ETFs, a pseudonymous crypto strategist expressed a bullish stance ...
Former President Donald Trump announced the launch of a non-fungible token collection in December 2022.
With the recent news that the former president launched a third collection of NFTs, here's a look back at the past collections and the return ...
The Financial Accounting Standards Board (FASB) released an Accounting Standards Update (ASU) on Wednesday, aimed at enhancing the accounting and disclosure practices for certain crypto assets.
This update, a response to widespread stakeholder ...
We follow Byron’s definition of “surprise” as an event that the average investor would only assign a one out of three chance of taking place but which he believed is “probable,” having a better than 50% likelihood of happening.
Midway through the trading day on Wall Street, calm reigns supreme as investors eagerly await the Federal Reserve’s decision on interest rates.
The Federal Open Market Committee (FOMC) is scheduled to publish its policy statement at 2 p.m. ET, ...
Crypto exchange Binance, its U.S. counterpart Binance.US, and founder Changpeng Zhao have contested the U.S. Securities and Exchange Commission's (SEC) allegations, arguing that the financial watchdog failed to establish the criteria of the "Howey ...