Month: January 2025
Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry
Mark Uyeda, commissioner at the US Securities and Exchange Commission (SEC), speaks during the 2024 Financial Markets Quality Conference at Georgetown University in Washington, DC, US, on Tuesday, Sept. 17, 2024. Al Drago | Bloomberg | Getty Images The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency. […]
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Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California. Clive Brunskill | Getty Images Sport | Getty Images Oracle shares jumped […]
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Nvidia passes Apple again to become world’s most valuable company
Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia passed Apple in market value on Tuesday, once again becoming the most valuable publicly-traded company […]
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Stocks making the biggest moves midday: Apple, 3M, Walgreens, Moderna, Urban Outfitters and more
Check out the companies making headlines in midday trading. Apple — Shares tumbled 4% after Jefferies downgraded the iPhone maker to underperform from hold. The firm said Apple’s AI outlook is “subdued” and believes it may miss on revenue when it reports fiscal first quarter results later this month. Loop Capital also lowered its rating […]
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‘Moana 2’ tops $1 billion, extending Disney’s box office domination
Dwayne Johnson voices Maui in Disney Animation’s “Moana 2.” Disney The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr. Day weekend, becoming the studio’s third 2024 release to reach the coveted benchmark after Marvel Studios’ “Deadpool and Wolverine” and Pixar’s “Inside […]
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Trump laid out a sweeping energy agenda. Here are all the key actions he took on day one
Washington , DC – January 20: President Donald Trump signs a series of executive orders at the White House on January 20, 2025, in Washington, DC. (Photo by Jabin Botsford /The Washington Post via Getty Images) Jabin Botsford | The Washington Post | Getty Images President Donald Trump has launched a sweeping offensive on energy […]
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Bank of Israel governor expects higher short-term inflation but rate cuts ‘feasible’ this year
Israel’s central bank governor on Tuesday said he sees one to two potential interest rate cuts in the second half of this year, suggesting confidence that domestic inflation will ease in the coming months. Inflation, which hit 3.2% in December, is “still above our target, which is between 1% and 3%,” Bank of Israel Governor […]
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Netflix earnings are after the bell. Here’s what to expect
Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. Wall Street will be paying close attention to details surrounding the company’s advertising-supported business model, its recent collection of live sporting events and the continued impact of its password crackdown on subscriber numbers. After […]
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Crypto market will see a new all-time high in 2025, Binance CEO says
The crypto market will see a new all-time high in 2025 on the back of positive regulatory movements in the U.S. under newly inaugurated President Donald Trump, the CEO of Binance told CNBC Tuesday. Richard Teng, who took the reins from former Binance boss Changpeng Zhao last year, told CNBC’s Arjun Kharpal that he sees […]
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Why U.S. tech companies struggle to replicate China’s WeChat ‘super app’ model
Think about the apps you use on your phone every day. Studies have shown Americans use an average of 46 mobile apps each month to complete a variety of everyday tasks. Now imagine if you could combine all of those programs into a single, standalone app. A one-stop shop to socialize with friends, order food, […]
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