Anthropic has appointed former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust, adding one of the world’s best-known economists to the independent oversight body that helps hold the…
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Crypto ETF flows weakened further on Thursday, July 9, as U.S.-listed Bitcoin and Ether funds recorded combined outflows of $147.5 million, extending the uneven post-holiday trend in institutional digital asset…
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The European Parliament’s Committee on Economic and Monetary Affairs has approved its negotiating position on legislation creating a digital euro, moving the European Union one step closer to launching a…
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Business
PepsiCo beats revenue estimates but warns North America demand remains under pressure
by adminby adminPepsiCo beat Wall Street expectations for second-quarter revenue and profit on Thursday, but investors focused on the company’s warning that inflationary pressures continue to weigh on consumer spending in North…
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Business
Micron to invest up to $3B in US chip supply chain, stock jumps on AI optimism
by adminby adminMicron Technology shares surged 6% in premarket trading on Thursday after the memory-chip maker announced plans to invest up to $3 billion to strengthen the US semiconductor supply chain. The…
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US stocks opened higher on Thursday as gains in semiconductor shares helped offset renewed geopolitical concerns after fresh exchanges of attacks between the United States and Iran threatened to prolong…
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Finance & Investment
Broadcom gets unexpected Wall Street call after major Apple victory
by adminby adminBroadcom (AVGO) got some cold water poured on it on July 7. Just one day after, the stock jumped on news that Apple (AAPL) had extended its chip supply agreement…
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GameStop shareholders approved a routine-sounding item on Tuesday: more authorized Class A shares. The timing complicates that read. Six days earlier, Sony confirmed it will stop manufacturing physical PlayStation game…