This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The NFIB’s small business optimism index surged dramatically…
Cryptocurrency News
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Cryptocurrency News
Billionaire David Tepper Sells Nvidia Stock and Buys a Shocking Artificial Intelligence (AI) Stock Instead
by skolnesNvidia (NASDAQ: NVDA) has been the foundation of the artificial intelligence (AI) boom. Its graphics processing units power virtually all of the most advanced AI systems, and the company has…
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(Bloomberg) — MicroStrategy Inc., the dot-com-era software maker whose metamorphosis into a leveraged bet on Bitcoin has transfixed Wall Street, is joining the Nasdaq 100 Index, the benchmark’s overseer said…
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Cryptocurrency News
MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge
by skolnes(Reuters) -MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer. The change comes…
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Michael M. Santiago / Staff / Getty Images Palantir (PLTR), MicroStrategy (MSTR), and Axon Enterprise (AXON) are set to join the Nasdaq 100 Index on Monday, Dec. 23, replacing Super…
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Cryptocurrency News
Why Russia’s currency is ‘doomed to weaken further,’ according to a think tank
by skolnesRussian President Vladimir Putin at a security council meeting in Moscow in September 2024.Contributor via Getty Images Russia’s currency woes will deepen, according to the Carnegie Endowment. Researchers at the…
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Cryptocurrency News
Meta urges California attorney general to stop OpenAI from becoming for-profit, WSJ reports
by skolnes(Reuters) -Meta Platforms is urging California’s attorney general to block OpenAI’s planned conversion to a for-profit company, the Wall Street Journal reported on Friday. In a letter to Attorney General…
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(Bloomberg) — Nippon Steel Corp. had high hopes for the $14.1 billion takeover of United States Steel Corp. But with the deal now likely to unravel, the biggest Japanese steelmaker…
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Super Micro Computer (NASDAQ: SMCI) has been one of the most polarizing stocks to own this year. It started out as a hot artificial intelligence (AI) company with mammoth potential,…
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Cryptocurrency News
Judge clears way for Musk appeal to try to restore $56 billion Tesla pay
by skolnesWILMINGTON, Delaware (Reuters) – A Delaware judge cleared the way on Friday for Elon Musk and Tesla to begin legal appeals to try to reinstate the chief executive’s record-breaking $56…