Linda Yaccarino has stepped down as CEO of X, the platform once known as Twitter, bringing an eventful chapter to a close. Over the past two years, she was at the center of one of tech’s most ambitious and chaotic transformations. Handpicked by Elon Musk in June 2023, the veteran ad executive took on the […]
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Tesla Inc., the electric vehicle pioneer helmed by Elon Musk, has finally made its long-awaited entry into India with the launch of its Model Y SUV, priced at a steep ₹6 million ($69,770). The company inaugurated its first showroom in Mumbai on Tuesday, formally stepping into the world’s third-largest automobile market, although its initial approach […]
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XRP price crashed to a low of $2.5440, down by over 30% from the year-to-date high. Ripple was trading at $2.5485, up sharply from last Friday’s low of $1.7768. This article explores whether XRP is a good investment as the XRPR ETF nears a $100 million milestone. XRPR ETF growth is accelerating The recently launched […]
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California has passed a law that protects unclaimed cryptocurrency from being forcibly converted to cash, making it the first state to offer such explicit safeguards. California Governor Gavin Newsom signed Senate Bill 822 on Oct. 14, effectively updating the state’s Unclaimed Property Law to include digital assets like Bitcoin, Ethereum, and other cryptocurrencies, and becoming […]
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The global cryptocurrency market has suffered another sharp downturn after China’s move to tighten export controls on rare earth materials in retaliation for the new US tariffs imposed by President Donald Trump on Friday. Beijing’s announcement came shortly after Trump revealed sweeping 100% tariffs on all Chinese imports, a move that many analysts view as […]
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Private-sector employment in the United States rose modestly in October, with employers adding 42,000 jobs, according to the latest ADP National Employment Report released on Wednesday. The figures, compiled by ADP Research in collaboration with the Stanford Digital Economy Lab, offered a faint sign of resilience in the labor market even as broader economic pressures […]
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The SMCI stock price suffered a harsh reversal in the extended hours after the company published its financial results that missed analysts’ estimates. It dropped by as much as 10% to $43.20, down by over 63% from its highest level in 2024 when it was one of the hottest stocks in Wall Street. Why Super […]
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Qualcomm stock price has suffered a harsh reversal in the past few days as the recent excitement about its new AI chips waned. QCOM was trading at $172.85, down by 16% from its highest level this year. So, will the stock rebound after earnings? Qualcomm to showcase AI progress Qualcomm, one of the biggest semiconductor […]
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The USD/TRY exchange rate surged to a record high this week after the Central Bank of the Republic of Turkey (CBRT) slashed interest rates by 300 basis points. It jumped to 41.05, continuing a trend that has been going on for years. The CBRT slashed interest rates after recent economic numbers showed that the headline […]
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The USD/BRL exchange rate remained in a tight range last week as market participants awaited the upcoming Federal Reserve and Brazilian Central Bank (BCB) interest rate decisions, as well as the potential escalation of the US-Brazil trade war. The Brazilian real was trading at 5.5648 against the US dollar, up from this month’s low of […]
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