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Category: Economy

Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Economy

Democrat senators question what Elon Musk plans to do with sensitive CFPB data

February 26, 2025

Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch…

Super Micro files financials just ahead of Nasdaq deadline and says it’s ‘regained compliance,’ stock pops 22%
Economy

Super Micro files financials just ahead of Nasdaq deadline and says it’s ‘regained compliance,’ stock pops 22%

February 26, 2025

Super Micro Computer filed its annual report for the year that ended June 30, meeting a deadline to stay listed…

Lucid CEO steps down; EV maker plans to more than double production in 2025
Economy

Lucid CEO steps down; EV maker plans to more than double production in 2025

February 26, 2025

Lucid said Marc Winterhoff, currently the company's chief operating officer, has taken over as interim CEO. ...

Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Economy

Nvidia to report earnings amid infrastructure spending, DeepSeek concerns

February 26, 2025

Nvidia reports fourth-quarter financial results on Wednesday after the bell. ...

Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%
Economy

Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%

February 26, 2025

Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.…

Economy

Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry

February 24, 2025

The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company said Monday. ...

Economy

One-time market favorite Palantir drops 11% on Monday and is now down nearly 30% from high

February 24, 2025

The stock is on pace for its fourth straight losing session. ...

‘Uphill battle’ ahead: Trump, business leaders and economists react to German election result
Economy

‘Uphill battle’ ahead: Trump, business leaders and economists react to German election result

February 24, 2025

As a new chapter in German politics begins on Monday following the federal election at the weekend, there's a distinct…

Starbucks to lay off 1,100 corporate workers as sales sag
Economy

Starbucks to lay off 1,100 corporate workers as sales sag

February 24, 2025

Starbucks made the layoff announcement after four straight quarters of falling same-store sales. ...

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Crypto World

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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