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Brazil Pushes Back on Trump’s BRICS Tariff Threat While Championing Single Currency Vision
Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior…
Supermicro Stock Price Levels to Watch After Monday’s Near-30% Surge
Source: TradingView.com Supermicro shares jumped nearly 30% Monday after the server maker announced that an independent review of its accounting practices found no wrongdoing. The stock has reclaimed the lower…
Ripple Sounds Alarm on Scams as XRP Rockets to Third-Largest Crypto
Ripple warns investors of escalating scams as XRP’s value surges over 400%, urging vigilance against fraud tactics like deepfakes, phishing, and fake giveaway schemes. Ripple to Investors: Beware of Scammers…
Intel’s CEO Departure Opens Door to Fresh Deal Discussions
(Bloomberg) — The abrupt departure of Intel Corp. Chief Executive Officer Pat Gelsinger offers a fresh opportunity for the troubled company to consider potential deal options, including scenarios that he…
Bitcoin, Not BRICS, Is the True Threat to US Dollar Reserve, Warns Wharton Professor
Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS…
Nvidia Bought 6 Artificial Intelligence (AI) Stocks, but This 1 Has Soared the Most
Nvidia (NASDAQ: NVDA) is one of the world’s largest companies. Its market capitalization stands at $3.3 trillion as of this writing, with $3 trillion of that value added in the…
Here’s What Could Trigger the Next Wave of Altcoin Rallies, According to Crypto Strategist Rekt Capital
A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells…
Explainer-What is next for Musk after judge rules against him in Tesla pay case?
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla cannot give Elon Musk a $56 billion compensation package despite a vote in support of the CEO’s pay deal by the company’s…
$113B Asset Manager Seeks SEC Approval to Launch XRP ETF as Market Booms
A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B…
SpaceX Weighs Tender Offer at Roughly $350 Billion Valuation
(Bloomberg) — SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around $350 billion, according to people familiar…
Archer Aviation Crashed Today — Is It Time to Buy the Stock Right Now?
Archer Aviation (NYSE: ACHR) stock plummeted in Monday’s trading. The flying-taxi company’s share price closed out the daily session down 23.7% and had been down as much as 28.7% earlier…
Warren Buffett’s Contrarian Bets on 2 Stocks Bank of America Warns Against
Investors are constantly on the lookout for an edge and one of the best ways to do that is by following in the footsteps of Wall Street’s most lauded investors.…
DMM Bitcoin Breach: Japanese Crypto Exchange Shutters Operations Amid Hack Fallout
Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations after transferring its assets to SBI VC Trade Co. DMM Bitcoin Takes Action to Avoid Inconveniencing Users Beleaguered Japanese…
Solana Memecoin Soars 108% As Coinbase Adds Crypto Asset To Roadmap
A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo…
XRP’s Meteoric Rise Overshadowed by XLM’s Stunning 483% Surge
XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the…
Delaware judge rejects request to restore Musk’s $56 billion Tesla pay
By Tom Hals WILMINGTON, Delaware (Reuters) -A Delaware judge ruled on Monday that Tesla (TSLA) CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite…
Art Cashin, Wall Street veteran for over 60 years, dies at age 83
(Reuters) – Art Cashin, UBS’ director of floor operations at the New York Stock Exchange who spent more than 60 years on Wall Street, has died aged 83. “It is…
Fed’s Williams eyes further cuts as price pressures cool further
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is likely to lower its interest…
An Intel Break-Up Could Follow Its CEO Shake-Up, Bank of America Says
I-Hwa Cheng / AFP / Getty Images Intel said CEO Pat Gelsinger (pictured above) retired on Monday Intel could be more likely to split its operations now that CEO Pat…
Bitcoin ETFs Hit $6.3 Billion Inflows in November
November saw total inflows for bitcoin exchange-traded funds (ETFs) surpass previous monthly records, reflecting heightened institutional and retail interest. Record Month for Bitcoin ETFs November 2024 marked a significant milestone…
XYO token soars 125% in 24 hours to lead top gainers
XYO, the native token of the decentralized physical infrastructure network project of the same name, has soared more than 125% in 24 hours. The XYO token traded to highs of…
Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services
Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges…
The Average Retiree Has A Net Worth Of $1.79 Million – Are You Ahead Of The Curve?
According to Federal Reserve data, the average retiree’s net worth is $1.79 million. Sounds impressive, right? But here’s the catch: that number doesn’t tell the whole story. A small group…
Bolivia Becomes a Hotbed After Lifting Crypto Blanket Ban
The Central Bank of Bolivia shared numbers that show the country’s crypto activity is overheating. According to the institution’s data, purchase and sales operations for crypto assets grew over 100%…