Inflation Rattles Markets Ahead Of Fed Meeting; AI Stocks, Crypto Pause As Gold, Oil Advance: This Week In The Markets
Inflation reports unveiled in the week preceding the Fed meeting brought an unwelcome news to investors. Prices pressures surged more than expected in February, creating a headache for Federal Reserve Chair Jerome Powell, who had been pushing for greater confidence regarding the disinflationary trend before contemplating interest rate cuts. Stocks flipped to the red after […]
Biden To Present Intel With CHIPS Act Award, Cementing Arizona As Semiconductor Hotspot: Report
President Joe Biden is expected to award a multi-billion dollar award to Intel Corporation (NASDAQ:INTC) to expand semiconductor production in the U.S. The funding is part of the CHIPS and Science Act, a $280 billion package Biden signed into law in 2022. Biden is expected to announce the award alongside Commerce Secretary Gina Raimondo. Intel […]
Apple Watch 2.0? New Patents Hint At Expansion Beyond Health Tracking, New Functional Gestures After Masimo Fiasco (UPDATED)
Editor’s note: This story has been updated with additional information about patent filings hinting at new functional gestures for upcoming versions of the Apple Watch Apple Inc. (NASDAQ:AAPL) has reportedly been exploring the integration of a diverse range of sensors into its Apple Watch, with a focus on non-health-related functionalities. What Happened: Apple has been considering […]
White House Secretly Bullish On Bitcoin? Crypto Analyst Makes Bold Claim Based On 2025 Budget But Gets Community-Noted
Prominent cryptocurrency research analyst Pierre Rochard, VP of Research at Riot Platforms (NASDAQ: RIOT), has sparked a debate online over claims that the White House’s 2025 budget, under President Joe Biden, projects a highly optimistic price target of $250,000 for Bitcoin (CRYPTO: BTC) by 2035. BREAKING🚨 Biden’s 2025 budget is very bullish on #Bitcoin , the […]
Satoshi Tweets ‘Hello World’: Is Bitcoin’s Inventor Back? Crypto Community Laughs It Off
The @satoshi X (formerly Twitter) account tweeted “Hello world.” on the afternoon of Jan.18 but failed to generate any speculation about whether Satoshi Nakamoto, the long-lost inventor of Bitcoin (CRYPTO: BTC), has reappeared. What Happened: The cryptocurrency community immediately identified the tweet as an attempted publicity stunt. The Community Notes below the tweet pointed out that Craig Wright, who had […]
US Stocks Sink, Tech And Real Estate Hit Hard Amid Rate Concerns, Dollar Surge: What’s Driving Markets Wednesday?
Another day of losses shook up Wednesday’s stock trading session on Wall Street. All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year. Market-implied probabilities of a rate cut by the Fed in March have declined to […]
Why Is Cancer Focused Harpoon Therapeutics Stock Shooting Higher Today?
Merck & Co Inc (NYSE: MRK) is reportedly negotiating to purchase cancer drugmaker Harpoon Therapeutics Inc (NASDAQ: HARP) for an estimated $700 million. The move comes as Merck endeavors to diversify its revenue sources, anticipating potential pricing challenges for its flagship drug, Keytruda, an acclaimed cancer immunotherapy that amassed a staggering $20.9 billion in sales in 2022, securing its […]
Could This Be First Glimpse Of Apple’s iPhone 16 Pro And iPhone 16 Pro Max? What A Design Leak Reveals
Apple Inc.‘s (NASDAQ:AAPL) upcoming flagships iPhone 16 Pro and iPhone 16 Pro Max could have just appeared in their first mockups online. What Happened: Although the launch of Apple’s next-generation iPhones is still several months away, the rumor mill has been buzzing. The latest is a set of mockups created by MacRumors, giving us a […]
Tesla India Plans Hinge On Fast-Charging Infrastructure For Entry-Level Vehicle With Smaller Battery
This story was first published on the Benzinga India portal. Tesla Inc. (NASDAQ: TSLA) is considering a cost-effective solution for its planned entry-level car, specifically aimed at the price-sensitive Indian market. The company is mulling over the use of smaller, quick-charging batteries, a strategy already implemented in China, to significantly lower the vehicle’s price. According to a report […]
iPhone 16, 17 Set To Raise The Bar With Cutting-Edge Camera Features, Reveals Top Apple Watcher
Renowned Apple Inc (NASDAQ:AAPL) observer, Ming-Chi Kuo, has hinted at significant camera upgrades in the forthcoming iPhone 16 Pro and iPhone 17 models. What Happened: In a recent post on Medium, Kuo stated that the iPhone 17 would see its front camera lens upgraded from the current 12MP/5P lens of the iPhone 15 & 16 […]