Why Is SBI Buying Bitbank? SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank for 46.7 billion yen, or about $288.6 million, in a deal that would deepen the…
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Business
Meta Platforms stock has become a bargain: will it rebound or slip further?
by adminby adminMeta Platforms (NASDAQ: META) stock has fallen sharply in recent months, sliding from its record high of $796 in August last year to $562. Although the decline has left the…
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Business
SK Hynix to raise $29.4B in US listing: How it may impact the AI memory chip trade
by adminby adminSouth Korean memory chip giant SK Hynix said on Wednesday that it plans to raise up to $29.4 billion through a US stock market listing, potentially marking the largest American…
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Business
Dow rises as tech rebounds ahead of Micron earnings after recent sell-off
by adminby adminWall Street indices opened higher on Wednesday as investors rotated back into beaten-down technology stocks and positioned ahead of key earnings from Micron Technology. The positive start follows two straight…
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Finance & Investment
BofA flips the script with bombshell Fed interest-rate outlook
by adminby adminBank of America Global Research economists expect the Federal Reserveto raise interest rates three times this year due to Chair Kevin Warsh’s more hawkish stance and the nation’s overall economic…
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Microsoft (MSFT) CEO Satya Nadella sat for a Wall Street Journal interview on June 21 and spent most of the time discussing a problem that goes well beyond Microsoft: who…
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Finance & Investment
Needham triples Micron target ahead of crucial earnings report
by adminby adminNeedham recently raised its price target on Micron Technology (MU) to $1,550 from $500, tripling its outlook two days before the company’s earnings report. That kind of leap usually follows…
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The U.S. Senate could release dedicated crypto tax legislation as early as fall 2026, potentially giving the digital asset industry a long-awaited framework for how tokens, stablecoins, staking rewards and…