Cryptocurrency News
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Intel CEO Forced Out by Board Frustrated With Slow Progress
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to turmoil at…
Super Micro says independent review finds no evidence of misconduct as company searches for new CFO
Super Micro Computer (SMCI) stock jumped more than 30% Monday midday after the server maker announced that an independent review of its business found no evidence of fraud or misconduct.…
Super Micro’s shares jump after server maker says review finds no evidence of misconduct
NEW YORK (AP) — Just over a month after Ernst & Young resigned as its public accounting firm, Super Micro Computer says a review committee has found no evidence of…
Super Micro Finds No Evidence of Fraud; Will Replace CFO
(Bloomberg) — Super Micro Computer Inc. said an independent review of its business found no evidence of misconduct but recommended that the server maker appoint new top financial and legal…
Intel CEO Pat Gelsinger retires after tumultuous tenure leading the chip giant
Intel (INTC) announced Monday that CEO Pat Gelsinger retired effective Dec. 1 and stepped down from the company’s board of directors. He had led aggressive efforts to turn around the…
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs
Intel CEO CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim Co-CEOs. Gelsinger, whose career has spanned more than 40 years, also stepped down…
Dollar Up Amid French Budget Drama; Futures Steady: Markets Wrap
(Bloomberg) — The dollar pushed higher as the crisis swirling around the French government deepened, dragging on the euro. Treasuries fell as traders prepared for US data that may influence…
Fed’s Powell may have made US monetary policy boring again
By Howard Schneider WASHINGTON (Reuters) – For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under…
Futures slip at start of data-packed week
(Reuters) – U.S. stock index futures started December lower after recording robust gains last month, with focus on a slate of economic data later this week, including a jobs report,…
Here’s What to Look for Next.
Nvidia (NASDAQ: NVDA) has entered the moment all Nvidia-watchers and investors have been waiting for: The tech giant is about to officially launch its Blackwell architecture and chip. Why is…
Trump changes tune on strong dollar
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole The dollar is making the early running on Monday, retaking some of last week’s…
Exclusive-Latest US strike on China’s chips hits semiconductor toolmakers
By Karen Freifeld and David Shepardson (Reuters) – The U.S. will launch its third crackdown in three years on China’s semiconductor industry on Monday, restricting exports to 140 companies including…
‘Cut Federal Taxes To ZERO,’ Says Grant Cardone. Here’s Why He Believes Zero Federal Taxes Would Lead To ‘Age Of Prosperity And Affluence’
‘Cut Federal Taxes To ZERO,’ Says Grant Cardone. Here’s Why He Believes Zero Federal Taxes Would Lead To ‘Age Of Prosperity And Affluence’ Grant Cardone, the well-known entrepreneur and real…
The Critical Metal That Skyrocketed From $6,000 to $38,000 Per Ton
The Pentagon just got a painful wake-up call. Its stockpiles of crucial armaments are depleting at a record pace as the war in Ukraine drags on, and its poorly armed…
Dollar faces crunch week for US rates, yen holds gains
By Wayne Cole SYDNEY (Reuters) – The dollar started in a cautious mood on Monday in what is shaping up to be a critical week for the prospect of U.S.…
Forget Bitcoin, MicroStrategy is up 500% this year, and Michael Saylor explains how the stock has outperformed its underlying assets
As crypto bulls keep waiting for Bitcoin to hit the $100,000 milestone, they may also want to consider a company that own almost 400,000 tokens. MicroStrategy has been riding Bitcoin,…
Trump’s BRICS warning shines light on emerging FX
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The global market spotlight on Monday looks set to zoom in on the dollar, especially its…
4 predictions for the US housing market in 2025, according to Zillow
Getty Images; Chelsea Jia Feng/BI The US housing market will keep shifting in 2025, according to Zillow. The real estate firm has some predictions for what the market could look…
2 Dividend Stocks to Buy and Hold Forever
No income investor buys shares of a dividend-paying company expecting that it will suspend its distributions at some point. Quite the contrary, dividend investors want those payouts to keep going…
Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales
NEW YORK (AP) — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep and Ram,…
Can You Guess Which State Requires The Lowest Income To Join The Top 1%? You May Be Surprised At How Little It Takes To Be Rich Here
Can You Guess Which State Requires The Lowest Income To Join The Top 1%? You May Be Surprised At How Little It Takes To Be Rich Here If someone told…
Stellantis CEO Carlos Tavares resigns
MILAN (Reuters) -Stellantis Chief Executive Carlos Tavares has resigned, the maker of Jeep, Fiat and Puegeot cars said on Sunday, adding it aimed to find a new head in the…
It Costs 10 Times More To Protect This Billionaire Than It Costs To Protect Elon Musk
It Costs 10 Times More To Protect This Billionaire Than It Costs To Protect Elon Musk Being rich and famous comes with perks such as private jets, luxury homes and…
Is Super Micro Computer Stock a Buy?
Everyone likes a comeback story. And after roughly doubling from recent lows, Super Micro Computer (NASDAQ: SMCI) seems to be shrugging off delisting fears intensified by the surprise resignation of…