Global Archives - Page 24 of 441

2 minute read

Ethereum Rises 20%, Futures Open Interest Hits Record $15B As ETF Approval Odds Jump To 75%

May 21, 7:00 AM

The open interest in Ethereum (CRYPTO: ETH) futures has reached an all-time high of $15.1 billion, reflecting a surge in investor interest. This spike is attributed to the growing optimism surrounding the potential approval of spot exchange-traded funds in the U.S.

ETH

2 minute read

Samsung Appoints New Semiconductor Chief Amid ‘Chip Crisis’ And AI Boom

By Benzinga Neuro

May 21, 6:13 AM

Samsung Electronics has appointed a new head for its semiconductor division, aiming to address the "chip crisis" and compete in the AI chip market.

HXSCL

2 minute read

IBM Ventures Into Open-Source AI With ‘Granite’ Models, Strikes Training Deal With Saudi Arabia For Arabic AI System

By Benzinga Neuro

May 21, 4:47 AM

IBM has announced that it will be releasing a new set of artificial intelligence models as open-source software. Additionally, the company has secured a deal with Saudi Arabia to aid in the training of an AI system in Arabic.

IBM

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Bitcoin Could Reach $420K With 1% Global Asset Allocation, Predicts Financial Guru Ric Edelman

By Benzinga Neuro

May 21, 1:24 AM

Renowned financial advisor Ric Edelman has made a bold prediction about the future of Bitcoin (CRYPTO: BTC), suggesting that the cryptocurrency could reach a staggering $420,000.

BTC

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JPMorgan CEO Jamie Dimon Touches On Retirement Plans: ‘The Timetable Isn’t Five Years Anymore’

By Benzinga Neuro

May 20, 11:22 PM

Jamie Dimon, the CEO of JPMorgan Chase & Co, hinted at his retirement within the next five years. This revelation has left investors and analysts speculating about the future leadership of the bank.

JPM

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Trump Media & Technology Group Reports $300M Loss In First Earnings Since Going Public: Truth Social Parent ‘Remains Focused On Long-Term Product Development’

By Kaustubh Bagalkote

May 20, 9:47 PM

For the three months ending Mar. 31, the company posted a loss of $327.6 million, which included $311 million in non-cash expenses related to its merger with Digital World, a company created specifically to merge with a target business.

DJT

3 minute read

Treasury Secretary Yellen Rejects Global Billionaire Tax: Big Relief For Elon Musk, Jeff Bezos, Bill Gates And Mark Zuckerberg

By Piero Cingari

May 20, 6:02 PM

The U.S. has rejected proposed global wealth tax on billionaires, citing concerns and stating that it cannot support such an initiative.

TSLA

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China Strikes Back At Biden’s Tariffs With New Investigation Into Plastics Imports: 6 Stocks Caught In Crossfire

By Natan Ponieman

May 20, 5:22 PM

China launches anti-dumping probe on plastics from US and EU, possibly as retaliation for Biden's recent tariffs. Chemical companies affected include Celanese, BASF, DuPont, Mitsubishi, Asahi Kasei, and SABIC.

AHKSY

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What’s Going On With MMTec Stock Today?

By Dylan Berman

May 20, 12:36 PM

MMTec shares are trading lower Monday. The stock appears to be pulling back after rallying Friday after China unveiled measures to support the property sector. New reports suggest the measures fell short of expectations

MTC

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Oil Holds At $80 As Iranian Leaders Die In Crash, Saudi Crown Prince Delays Japan Trip; Natural Gas Spikes 40% In May

By Piero Cingari

May 20, 11:22 AM

WTI crude price stable at $80 despite Mideast tensions, while natural gas surges 40% in May due to warmer weather and geopolitical events.

CHK