The Federal Open Market Committee’s two-day meeting is commencing Tuesday and is set to conclude on Wednesday, with the Federal Reserve publishing its policy statement and Fed Chair Jerome Powell hosting an eagerly awaited press conference. The ...
Elon Musk expressed concerns about the impact of high interest rates on the electric vehicle (EV) market during the conference call that followed Tesla’s third-quarter earnings print on Oct. 18.
Last week, Musk’s concern was mirrored by LG Energy ...
U.S. stocks traded lower, with the Dow Jones falling more than 50 points on Tuesday. Here are some major stocks recording gains in today’s session.
Verve Therapeutics, Inc. (NASDAQ: VERV) gained 27% to $11.95. Eli Lilly said it will acquire rights ...
“Web 3.0 is about creating a truly decentralized web, where individuals are in control of their own data and have true ownership and sovereignty over their online identities.” – Balaji SrinivasanWeb 2 deserves a lot of credit. It gave us interactive platforms wh
There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him as the chairman and sole board m
Nvidia Corp. (NASDAQ:NVDA) reportedly faces the prospect of losing billions of dollars of revenue from China as the U.S. continues to clamp down on exports of high-performance chips to the Asian nation.
What Happened: The U.S. government’s decision ...
Today marks the 15th anniversary of the release of the Bitcoin (CRYPTO: BTC) whitepaper by Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
What Happened: On October 31, 2008, Nakamoto shared the whitepaper, titled “Bitcoin: A Peer-to-Peer ...
Along with its fundamental woes, Walt Disney Co. (NYSE:DIS) is also contending with Florida Governor and GOP Presidential primary candidate Ron DeSantis, having taking on the latter in a lawsuit. In a filing with the U.S. District Court for the ...
Apple Inc. (NASDAQ:AAPL) has officially discontinued the controversial Touch Bar feature on its MacBook Pro lineup, marking the end of a component with both fervent supporters and vocal critics.
What Happened: On Monday, during Apple’s Halloween ...
Tesla, Inc. (NASDAQ:TSLA) stock lagged behind the broader market recovery on Monday and slid below the psychological support of $200. As the lean stretch seen since mid-July continues, one bearish analyst thinks the stock could hurtle down toward his ...
Joe Biden won the 2020 election to become the 46th president of the United States, defeating Donald Trump.
With Biden's win, Kamala Harris became the first female vice president
In a recent interview, Harris looks back at the 2020 election and ...
Major cryptocurrencies experienced a surge on Monday evening, driven by investors injecting funds into the market. This surge can be attributed to the growing optimism surrounding the potential approval of a Bitcoin exchange-traded fund ...
A reminder, dear reader: If you're accused of committing massive fraud and risk facing the rest of your life in prison, you should probably turn down that interview with "Good Morning America."Such advice might've served Sam Bankman-Fried, the disgraced crypto founder who couldn'
The election of Rep. Mike Johnson (R-La.) as House Speaker sparked a new internal dispute within the GOP.
The choice of the Louisiana lawmaker as Speaker marked the end of five weeks of chaos and paralysis, as House Republicans struggled to find a ...
If there is ever a theme you can detect from my writing and point of view, it’s that the technology world loves a standard, and Ethereum has become that standard.Additionally, as I never tire of pointing out, once a standard gains a large foothold, it’s remarkably dif
To gain an edge, this is what you need to know today.
Buying On Iran, Ignoring Apple
Please click here for a chart of Apple Inc (NASDAQ: AAPL).
Note the following:
The Morning Capsule is about the big picture, not an individual stock. The chart ...
The spotlight on Wednesday could move from the Federal Reserve’s policy meeting to the Treasury Department’s forthcoming borrowing plan.
What Happened: The Treasury Department’s quarterly refunding announcement is expected to reveal its strategy to ...
Bob Elliott is co-founder, CEO and chief investment officer at Unlimited, a fintech company specializing in building products that replicate the index returns of alternative investments.
Before founding Unlimited, Elliott was a chief business officer ...
The Israel Defense Forces and Shin Bet security agency have announced the successful rescue of a soldier on Monday who had been captured by the Hamas terrorist group on Oct. 7. In a joint statement, the IDF and Shin Bet said that Pvt. Ori Megidish is ...
Amid an intense cross-examination by Assistant U.S. Attorney Danielle Sassoon, FTX founder Sam Bankman-Fried, testified on the third day of his ongoing trial that he mocked regulators with derogatory language in private.
The embattled former ...