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Archives by Year:
Dow, Nasdaq Shed Triple Digits As Nvidia Weighs
Tech stocks finally showed some weakness today, as Nvidia (NVDA) weighed on the outperforming sector. The Nasdaq took triple digits off Friday’s record close, while the Dow clocked its third-straight triple-digit loss. The S&P 500 also finished lower, as profit taking gripped Wall Street. Against this backdrop, the Cboe Volatility Index (VIX) logged its best single-session […]
How China’s Nvidia Investigation Could Reshape The AI Chip Industry
Image Source: Unsplash China has launched an investigation into Nvidia Corp. (NVDA), the US chipmaking giant, over potential violations of anti-monopoly laws.The probe focuses on Nvidia’s acquisition of Mellanox Technologies Ltd. in 2020 and the company’s recent activities, reflecting the intensifying tech trade conflict between Washington and Beijing. Nvidia’s Mellanox acquisition under scrutiny China’s State Administration […]
The Evil Cycles Of War And Economic Destruction
Image Source: Unsplash As we approach what usually should be a blissful holiday period, the treacherous path the world is now on does not bode well for 2025 and beyond.Two global crises will dominate the world for at least several years and possibly decades. FINANCIAL CRISISThe crisis I have been discussing and writing about for many […]
Analysts See $200,000 Bitcoin By 2025 As Adoption Spikes
Image Source: Unsplash Just a few short years (months?) ago, few would have believed it possible. But it happened: Bitcoin has traded above $100,000 for the first time ever.Global adoption of the world’s largest digital asset by market cap is getting harder to ignore. We’re no longer talking about magic internet money favored by tech enthusiasts. […]
Top 3 Korean Stocks To Buy After The Martial Law Fiasco
Image Source: Unsplash Korea has already returned to “business as usual” despite the recent shock from President Yoon Seok Yul declaring an emergency martial law.While uncertainty still remains, investment firm Macquarie is convinced a number of Korean stocks are worth buying at current levels.These include Kia, Hanwha Aerospace, and SK Hynix.Here’s what each of these three names […]
Google’s quantum chip ‘Willow’ shatters records, compressing centuries of computing into minutes
Key Takeaways Google’s Willow quantum chip outperforms supercomputers solving tasks in 5 minutes vs. 10 septillion years. No real-world applications have been identified yet, but potential uses for Willow span medicine, energy, and AI, including drug discovery and fusion energy research. Share this article Google has unveiled its latest quantum chip, Willow, demonstrating unprecedented performance […]
What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto
Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. Share this article With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House […]
BTC Report: MSTR Ups Holdings To 423,650 Bitcoins With $2.1B Purchase
Image courtesy of 123rf.com November was remarkable for the cryptocurrency market, with Bitcoin (BTC) making big headlines. The total crypto market cap surged by 45%, marking an unprecedented monthly return. However, amidst these gains, notable developments affected Bitcoin’s legal and market landscape. El Salvador announced changes to its Bitcoin Law in anticipation of a new IMF deal, and […]
Softs Report – Monday, Dec. 9
COTTON General Comments: Cotton was lower last week after a weaker weekly export sales report and the trends are turning down. There was not much in the way of news or action in outside markets to spur Cotton in one direction or the other. Selling came from news that Trump will impose some big tariffs […]
OpenAI set to release Sora AI video generator to the public today
Key Takeaways In a video uploaded earlier today, tech reviewer Marques Brownlee announced that OpenAI will roll out Sora, its AI video generation tool, to the public today. EU and UK users might face delays in accessing Sora, continuing OpenAI’s cautious regional rollouts. Share this article OpenAI’s AI video generation tool, Sora, is officially being […]
