Why Is Tether Bringing XAUT To Ledn? Tether is expanding the use of its gold-backed token by bringing Tether Gold, known as XAUT, to crypto lender Ledn, as the stablecoin…
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Why Are IBIT Investors Now Under Pressure? The average investor in BlackRock’s iShares Bitcoin Trust is now down roughly 40%, a sharp reversal from gains of about 30% as recently…
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Why Is Strategy’s Bitcoin Reserve Back In Focus? Strategy’s financing model is facing renewed scrutiny after Zach Pandl, head of research at Grayscale, said he hopes the company will sell…
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The Dow Jones Industrial Average and the broader US stock market closed lower on Friday as investors continued rotating out of technology and semiconductor stocks while shifting into more defensive…
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Business
Apple and Microsoft hike prices due to memory: is AI becoming an inflation machine?
by adminby adminThe artificial intelligence boom has long been pitched as a transformative force that would boost productivity and eventually lower costs across the economy. But this week, investors were confronted with…
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A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in…
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Remember how this was supposed to be the Hot Rate-Cut Summer? Sigh. Despite falling gas prices, economists and Fed watchers remain concerned that stubborn sticky inflation driven by rising service…
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Multiple airlines and adjacent companies in the aviation company have filed for bankruptcy in the months following the U.S.-Israeli strike on Iran and subsequent spike in jet fuel prices. At…