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Nvidia’s CEO Just Explained Why This Is the Artificial Intelligence (AI) Chip Stock to Own
No company has been a bigger winner than Nvidia (NASDAQ: NVDA) as nearly every tech company has collectively poured billions of dollars into developing their generative AI (artificial intelligence) capabilities. The…
Memecoin That’s Exploded Nearly 300% in a Month on Cusp of ‘Face-Ripping Breakout,’ Says Top Crypto Analyst
A widely followed cryptocurrency analyst and trader is leaning bullish on a feline-inspired low-cap memecoin in the Binance Smart Chain ecosystem. The trader pseudonymously known as Bluntz tells his 274,800…
Billionaires Are Selling Its Shares and Buying Up These 2 Artificial Intelligence (AI) Stocks Instead
Wall Street has fallen in love with the artificial intelligence (AI) trend. This is not surprising, considering that PwC analysts expect AI to add nearly $15.7 trillion to the global…
This Will Be Nio’s Next Big Move
It might be hard for investors to get excited about a company that has lost nearly $1.5 billion from its operations in the first half of this year. In fact,…
This Other Stock May End Up Being the Most Important Data Center Opportunity of All, and It’s Not a Technology Company
When you think about artificial intelligence (AI), things such as self-driving cars and humanoid robots might come to mind. Counterintuitively, it’s often a good idea to think about how products…
Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: What’s Next For Ethereum?
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering…
Woman Sentenced to 8 Years in Prison After Failed Bitcoin Murder-for-Hire Plot
A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a…
‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt…
US stocks end mixed but finish the week near record highs after the Fed’s first rate cut in 4 years
Samuel Corum/Getty Images US stocks were mostly lower Friday, though the Dow eked out a gain to close at a record high. The Federal Reserve’s first interest rate cut since…
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial…
US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses,…
There’s a 12% correction looming for the stock market by the end of the year, Stifel says
Adobe Firefly, Tyler Le/BI Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and…
FATF Urges India to Strengthen Virtual Asset Regulation
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional…
JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes…
Why a top analyst just raised his year-end S&P 500 price target to the highest on Wall Street
BMO’s Brian Belski updated his S&P 500 price target to 6,100 this week. Bloomberg TV BMO’s Brian Belski raised his S&P 500 price target to 6,100, signaling 7% upside by…
Retirement Ready? Think Again As Experts Warn Homeowners Still Paying Mortgages That They ‘Are Much More Likely To Be Overconfident’
Retirement Ready? Think Again As Experts Warn Homeowners Still Paying Mortgages That They ‘Are Much More Likely To Be Overconfident’ Owning a home can give some people confidence about their…
US Company Settles Salvadoran Coffee Purchase With Bitcoin
According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran…
TOKEN2049 Singapore main highlights
TOKEN2049 has ended in Singapore. Here are three highlights from one of the most anticipated crypto conferences of the year. One of the largest industry conferences, TOKEN2049, was held from…
Why Novo Nordisk Stock Fell While Eli Lilly and Viking Therapeutics Bumped Higher Today
In the pharmaceutical world, it’s never good for a company to stumble in a hot therapeutic area, especially if it has some determined rivals competing in the same segment. That…
Cat-Themed AI Crypto Gaming Altcoin Catizen (CATI) Reaches New All-Time High Following Binance Listing
An artificial intelligence (AI)-based, cat-themed gaming altcoin is reaching new all-time highs after being abruptly listed by the world’s largest crypto exchange platform by volume. In a new announcement, crypto…
Blackrock’s Ishares Bitcoin Options Get the SEC Green Light
The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces…
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts…
This $80 Billion Market Could Be the Next Big Growth Driver for Nvidia Stock
Graphics processing units (GPUs) have been Nvidia‘s (NASDAQ: NVDA) bread-and-butter business for a long, long time. The company initially made its name producing GPUs meant for deployment in personal computers…
Boeing’s space and defense chief exits in new CEO’s first executive move
By Joe Brock, David Shepardson and Tim Hepher (Reuters) – Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the…