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Category: Economy

Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Economy

Apple to open AI server factory in Texas as part of $500 billion U.S. investment

February 24, 2025

Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston. ...

This country is the No. 1 solo travel destination for 2025—it’s not the United States
Economy

This country is the No. 1 solo travel destination for 2025—it’s not the United States

February 23, 2025

The Kensington report ranked the countries based on responses from "affluent" travelers on several surveys. ...

Economy

President Trump is losing the stock market war to the rest of the world so far. Here’s where investors are taking advantage

February 23, 2025

Emerging market stocks, China and European stocks are beating U.S. indexes since the inauguration of Donald Trump. ...

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Economy

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

February 23, 2025

Walmart is coming off a tough week after delivering a slowing profit growth forecast. ...

MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games
Economy

MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games

February 23, 2025

Altice USA ends blackout with MSG Networks, restores New York Knicks, Rangers, Islanders, Devils games. ...

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
Economy

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter

February 23, 2025

"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."…

Shortage of Novo Nordisk’s Wegovy and Ozempic drugs is resolved, FDA says
Economy

Shortage of Novo Nordisk’s Wegovy and Ozempic drugs is resolved, FDA says

February 21, 2025

The FDA's decision will threaten the ability of compounding pharmacies to make far cheaper, unbranded versions of the injections over…

Home sales drop sharply as prices hit an all-time high for January
Economy

Home sales drop sharply as prices hit an all-time high for January

February 21, 2025

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest…

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage
Economy

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage

February 21, 2025

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage ...

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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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