Analysts see Bitcoin at $100,000 soon
May 8, 2025
Apple’s New Privacy Feature a Boost to its Business
Apple’s new privacy infrastructure is now part of its products giving it a competitive advantage over other industry players, according to CNBC. Privacy features in the upcoming operating systems iOS...
Read moreFDA Approves Biogen’s Alzheimer’s Drug in a Disease Breakthrough
The approval of the controversial Alzheimer’s drug of Biogen Inc by the FDA is an unprecedented decision that will improve treatment for the brain deteriorating condition, according to a report...
Read moreTesla Cancels Flagship Model S Plaid Plus Amid Industry Chip Shortages
Elon Musk has revealed that Tesla will not continue with its flagship sedan, the Model S Plaid Plus, CNBC reports. Musk had promised that its Plaid Plus model, which is...
Read moreGlobal Investment Firm Bets on Bitcoin Over Gold
Global investment firm SkyBridge Capital is betting on Bitcoin and the crypto space as it offers more returns than gold, Bloomberg reported. SkyBridge Capital Co-Chief Investment Officer and Senior Portfolio...
Read moreStocks Decline as Latest Jobs Data Could Force Fed to Move Rates
American stocks declined on Thursday as the latest jobs data could possibly pressure the Federal Reserve to adjust rates. The S&P 500, the Nasdaq 100, the Dow Jones Industrial Average,...
Read moreBiden Blacklists 59 Firms Linked to China’s Military Defense
United States President Joe Biden on Thursday banned American investments on 59 firms linked to China's military, according to Bloomberg. The ban will take effect at 12:01 a.m. in New...
Read moreFCA Extends Temporary Registrations Regime for Crypto Until March 2022
The United Kingdom Financial Conduct Authority has extended its temporary regime that would allow crypto asset businesses to continue trading while it assesses applications. The FCA pushed back the end...
Read moreU.S. Short-Sellers Record $4.5 Billion in Paper Losses
Bearish bets against the top 10 most-shorted shares in the United States have accumulated $4.5 billion in paper losses as of Wednesday, Bloomberg reported. Ortex Co-founder Peter Hillerberg said the...
Read moreAmazon to Stop Testing Employees For Weed. Backs Legalization Across The U.S.
American e-commerce giant Amazon.com Inc. said it will no longer test most of its employees for marijuana use as the company backs its legalization at the federal level. In a...
Read moreDogecoin Soars to Two-Week High After Coinbase Listing Announcement
The price of Dogecoin jumped 21% on Tuesday afternoon as investors cheered the inclusion of the token in the Coinbase platform, according to WSJ. Dogecoin hovered near 41 U.S. cents,...
Read moreCelonis Valuation Raised to $11 Billion In Latest Funding Round
Software firm Celonis fetched $1 billion in its latest funding round to hit an $11-billion valuation, according to CNBC. Investors in the round include Durable Capital Partners, T. Rowe Price...
Read moreMudrick Capital Disposes AMC Stake After Finding Shares ‘Overvalued’
Investment firm Mudrick Capital divested all its holdings in AMC Entertainment Holdings Inc. the same day an announcement was made on the acquisition of $230.5 million worth of shares, Bloomberg...
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