Bitcoin Whales Stop Accumulation, Start Distributing King Crypto: What Does This Mean For The Market
The trend of Bitcoin (CRYPTO: BTC) whales accumulating the cryptocurrency appears to have halted, according to a popular analyst.
UBS Upgrades China Stocks Amid ‘Valuation Collapse’: What Investors Need to Know
UBS Group AG has upgraded China's stock market to Overweight, citing resilient earnings and state fund interventions. Other Asian markets downgraded.
Elon Musk Reacts As ARK Invest Analyst Says ‘It’s Going To Be Very Hard’ For Tesla Rivals ‘To Catch Up To Them’ In Pricing: ‘Accurate’
Elon Musk, CEO of Tesla, has given a nod of approval to ARK Invest's analysis of the company's Q1 expectations.
Nvidia Chips To Power Softbank’s Near $1B AI Investment: Report
SoftBank is set to invest a whopping $960 million over the next two years to create a cutting-edge Japanese-language-specific generative AI model and enhance its computing facilities.
Nvidia’s High-End Chips Ended Up In Chinese Hands Despite US Ban: Here’s How Beijing Scored Them
Despite the U.S. expanding its ban on the sale of such technology to China in November, ten Chinese entities successfully acquired advanced Nvidia chips. These chips were integrated into servers manufactured by Super Micro, Dell, and Gigabyte Technology.
Bitcoin To More Than Double In Value To $150K By Year-End, Says Standard Chartered Analyst: ‘We Can Push Higher Again’
The price of Bitcoin (CRYPTO: BTC) could still more than double this year, according to a bullish forecast by Standard Chartered analyst Geoff Kendrick, despite the recent pullback.
Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard
Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran downplayed strikes and traders await key economic data. Mining stocks also dropped, with GDX and SIL falling over 3%.
Embracer Group’s Shares Soar After Split Announcement: Strategic Restructuring Unveiled
Embracer Group's bold move to split into three distinct companies, including Asmodee Group and Coffee Stain & Friends, boosts shares by 18%.
Legend Biotech Announces Carvykti Approved By The European Commission For Second-Line Treatment Of Patients With Relapsed And Refractory Multiple Myeloma
New indication for this one-time infusion may provide patients with a treatment-free respite as early as first relapseLegend Biotech Corporation (NASDAQ:LEGN) (Legend Biotech), a global leader in cell therapy, announced
What’s Going On With Tesla Stock Monday?
Tesla shares are trading lower Monday after the company reduced vehicle prices in the US, Germany and China. Tesla reportedly cut the revamped Model 3 prices by 14,000 yuan ($1,930) in China. In Germany, the price of the Model 3 rear-wheel-drive was reportedly lowered to 40,990 euros ($43,670.75) from 42,990 euros.