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Digital Currency Revolution

Vitalik Buterin Sells 1,300 ETH; Ethereum Price Dips as Whales Buy the Dip

Sep 30, 2024 06:47 am UTC| Digital Currency Technology Business

Ethereum co-founder Vitalik Buterin sold over 1,300 ETH valued at $3.35 million in the past 12 days, according to on-chain data. As Buterin reduces his holdings, savvy traders are seizing the opportunity to buy the dip,...

Digital Currency Revolution

Shiba Inu (SHIB) Soars: Whale Frenzy and Profit Surge Signal Explosive Price Rally Ahead!

Sep 30, 2024 06:19 am UTC| Digital Currency Technology Business

Shiba Inus resurgence is fueled by a wave of whale transactions, and 56% of holders are now in profit. With bullish momentum growing, SHIB could be poised for an explosive price rally, setting the stage for new...

How the cost of living crisis and games industry turmoil could hurt Sony’s PlayStation 5 Pro release

Sep 30, 2024 02:14 am UTC| Technology Business

In late November 2020, I was one of those people standing in line or rather, refreshing my browser hoping to snag a PlayStation 5 during a restock. The pandemic was in full swing, and with most of the world locked...

TPG Poised to Acquire Minority Stake in Creative Planning, Valuing Firm at $15 Billion

Sep 29, 2024 17:18 pm UTC| Business

TPG is in advanced talks to acquire a minority stake in wealth management firm Creative Planning, potentially valuing the company at over $15 billion, sources revealed. This move marks TPGs second wealth management...

Flipkart Sellers Sue India’s Antitrust Watchdog Over Unfair Competition Law Probe

Sep 29, 2024 17:00 pm UTC| Business Law Economy

Three Flipkart sellers have filed a lawsuit against Indias antitrust regulator, accusing it of conducting an opaque and unfair investigation into competition law violations. The legal challenge aims to halt the Competition...

OpenAI Projects $5 Billion Loss Amid Surging ChatGPT Revenue and Upcoming Fee Increases

Sep 29, 2024 16:57 pm UTC| Business Technology

OpenAI expects a significant loss of $5 billion in 2024, despite skyrocketing ChatGPT revenue and planned fee increases. Documents reveal the AI startup anticipates tripling its income by 2025, with users facing rising...

Tesla’s Shanghai Megafactory Reaches 60% Completion, On Track for 2025 Megapack Production

Sep 29, 2024 16:55 pm UTC| Technology Business

Teslas Shanghai Megafactory is now 60% complete, with production of Megapack units set to begin in early 2025. The factory aims to match Teslas California facility in producing 40 GWh annually, continuing the companys...

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Economy

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

Politics

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

Venezuela's Delcy Rodriguez Makes First Foreign Trip to Grenada Since Taking Office

Venezuelas acting president Delcy Rodriguez touched down in Grenada on Thursday, marking her first international visit since stepping into the countrys top leadership role in January. Footage broadcast on the Venezuelan...

Melania Trump Denies Epstein Ties, Calls for Congressional Hearings

Melania Trump publicly addressed online speculation Thursday, firmly denying any personal or romantic connection to disgraced financier Jeffrey Epstein and clarifying that she is not among his victims. Speaking from the...

Pentagon Defies Court Order on Press Access, Judge Rules

A federal judge in Washington has ruled that the Pentagon is defying a court order that required it to restore press badge access for credentialed journalists covering the U.S. military headquarters. U.S. District Judge...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...