China Tightens Stablecoin Rules as Bessent Urges Congress to Pass CLARITY Act to Keep Crypto Lead
China has tightened its rules on yuan-backed stablecoin issuance, barring both domestic and offshore entities from issuing such a stablecoin without approval. This comes as U.S. Treasury Secretary Scott Bessent…
Argentina inflation data under scrutiny after statistics chief resigns
The sudden resignation of the head of Argentina’s statistics office this week revealed problems at the core of President Javier Milei’s economic plan, turning the country’s inflation numbers into a…
Why is Nvidia stock soaring over 5% today?
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks.Traders said the move comes on the back of…
Gold vs BTC: Why JPMorgan Suggests Buying Bitcoin Despite Price Crash?
Gold vs BTC: JPMorgan strategist says BTC is looking more attractive at current levels than Gold for the long-term investment prospects. The suggestion comes despite veteran trader Peter Brandt and…
Qualcomm stock: why the ‘memory problem’ may be overstated
Qualcomm (NASDAQ: QCOM) shares opened about 11% down on Feb. 5 after the semiconductor giant issued cautious guidance for its fiscal Q2 that overshadowed its record-breaking performance in the holiday…
Qualcomm stock: why the ‘memory problem’ may be overstated
Qualcomm (NASDAQ: QCOM) shares opened about 11% down on Feb. 5 after the semiconductor giant issued cautious guidance for its fiscal Q2 that overshadowed its record-breaking performance in the holiday…
Trump administration alleges Nike discriminated against white workers
The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers. The agency that polices discrimination in the workplace filed an action…
XRP News: Ripple Prime Adds Support for Hyperliquid, Providing Wall Street Access to DeFi
Ripple has added support for Hyperliquid, marking the first DeFi integration on its multi-asset prime brokerage platform. This comes as the crypto firm seeks to integrate decentralized finance (DeFi) with…
SMCI stock’s post-earnings rally may be a ‘trap’ — smart money says sell
Super Micro Computer (NASDAQ: SMCI) opened nearly 10% higher on Feb. 4 after the AI server specialist said its revenue more than doubled to $12.7 billion in the second quarter.For…
Why is BBAI stock plunging more than 6% today?
BigBear.ai (NYSE: BBAI stock) tumbled roughly 6% on Wednesday, extending losses that reflect a blend of company-specific headwinds and broader AI sector volatility.The sell-off stems from worries around the upcoming…