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Huawei’s AI Chip Struggles: 7nm Tech Falls Generations Behind NVIDIA Due to US Sanctions, TSMC Blockade

Nov 19, 2024 22:11 pm UTC| Technology Business Economy

Huaweis AI chip development faces a significant roadblock as US sanctions limit access to TSMCs advanced chip technologies. Struggling to move beyond 7nm tech, Huawei trails NVIDIA, widening the gap in AI hardware...

Clinton and Yellen Stand Against Trump's Budget Ax: 'The CDFI Fund Must Be Preserved at All Costs'

Nov 19, 2024 22:10 pm UTC| Economy Business Politics

In a pivotal moment highlighting the ideological divide in Washington, former President Bill Clinton and Treasury Secretary Janet Yellen came together on Thursday to celebrate the 30th anniversary of the Community...

Wall Street in Shock! US-Russia Fright Fades as All Eyes Turn to Nvidia Earnings Bombshell

Nov 19, 2024 22:07 pm UTC| Economy Business

Geopolitical unease that rippled through global markets on Tuesday showed signs of waning as Asian trading kicked off Wednesday with a renewed focus on Nvidias upcoming earnings report. With heightened investor...

Microsoft Still the Most Under-Owned Mega Cap Tech Stock While Meta Tops Over-Owned List, Analysts Claim 'Big Money Is Missing Out'

Nov 19, 2024 22:04 pm UTC| Economy Business

Institutional investors appear to be shuffling their portfolios, but some of Wall Streets largest tech giants are experiencing a curious trend. Microsoft (NASDAQ: MSFT) remains the most under-owned mega-cap tech stock...

Trump to Slash Biden's EV Push: Fuel-Efficiency Standards and Tax Credits on the Chopping Block

Nov 19, 2024 21:37 pm UTC| Technology Business Economy Politics

In a bold policy shift, President-elect Donald Trumps administration plans to dismantle Biden-era regulations promoting electric vehicles (EVs) and stringent fuel-efficiency standards, sources revealthreatening to stall...

Analyst Sounds Alarm: S&P 500 and Nasdaq Set to Dive as Sell Signals Emerge

Nov 19, 2024 20:07 pm UTC| Technology Business Economy

Fairlead Strategies analyst Katie Stockton warns investors of looming declines in the SP 500 and Nasdaq-100 due to key technical sell signals. While equities face potential downturns, agricultural commodities like the...

Nvidia Drives S&P 500 Gains as AI Enthusiasm Climbs Amid Rising Russia-Ukraine Nuclear Tensions

Nov 19, 2024 19:36 pm UTC| Technology Business Economy

The SP 500 edged higher Tuesday, led by Nvidias 2% climb before earnings, underscoring robust AI demand. Meanwhile, geopolitical uncertainty deepened as Russia unveiled a more aggressive nuclear policy, intensifying the...

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Economy

Siri's AI Upgrade in iOS 19 May Signal Apple's Split from OpenAI and ChatGPT

In a bold move, Apple plans to overhaul Siri with advanced AI in iOS 19, potentially ending its partnership with OpenAI. The new Siri aims to match ChatGPTs capabilities, offering users more natural conversations and the...

Nvidia CEO: Trump’s AI Export Limits Won’t Halt Global Tech Collaboration

Jensen Huang, Nvidia CEO, expressed confidence that global tech collaboration will persist, even under U.S. export restrictions on advanced AI technologies introduced during Trumps term. Speaking in Hong Kong, Huang...

Canada retail sales rises in September

According to Statistics Canadas preliminary estimate, retail sales increased by a strong 0.4% month-over-month (m/m) in September. When inflation was taken into account, the gain was even more noticeable, with retail sales...

FxWirePro- Major economic events for the day

Date Time Currency Event Actual Forecast Previous Fri Nov...

Politics

XRP Soars as Trump’s Pro-Crypto Treasury Pick Gains Ripple CEO’s Approval

Ripple CEO Brad Garlinghouse celebrated President-elect Donald Trumps nomination of Scott Bessent as Treasury Secretary, dubbing him a perfect pick. The pro-crypto stance ignited a surge in XRP prices, which soared over...

Donald Trump Nominates Mike Huckabee as U.S. Ambassador to Israel: ‘Tensions High, Stakes Higher’

Former President Donald J. Trump has announced his nomination of former Arkansas Gov. Mike Huckabee to serve as the next U.S. ambassador to Israel. If confirmed by the Senate, Huckabee would step into a crucial role during...

Lori Chavez-DeRemer Tapped for Secretary of Labor: ‘Historic Choice’ or Political Gamble?

Former President Donald J. Trump announced his nomination of Congresswoman Lori Chavez-DeRemer for U.S. Secretary of Labor, signaling a potential shift in national labor policies. The selection has ignited a wave of...

Pam Bondi’s Shocking Push for Epstein Name Reveal: ‘No Secrets, No Exceptions Sparks Fury!’

Pam Bondi, former Florida Attorney General and Trumps nominee for U.S. Attorney General, has stirred controversy by publicly advocating for the release of numerous names contained in the infamous Jeffrey Epstein case...

Science

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Technology

Shiba Inu Burn Rate Explodes 49,646% as SHIB Price Climbs 10% in Stunning Market Rally

Shiba Inu witnessed a burn rate surge of 49,646% in just one day, eliminating over 175 million tokens. This extraordinary burn event paralleled a remarkable 10% price jump, solidifying SHIBs market momentum. Shiba Inus...

Dogecoin Rockets 25% as Analyst Forecasts Bullish Breakout to $0.82

Dogecoin soared nearly 25% in the past 24 hours, reaching an intraday high of $0.48. Crypto analyst Ali Martinez predicts a bullish breakout to $0.82, suggesting DOGE could surpass its previous all-time high. The surge...

Bitcoin Targets $180K in 2025, TYMIO Founder Predicts Supply Shock

Bitcoins price could surge to $180,000 by the end of 2025 due to supply constraints and halving events, according to TYMIO founder Georgii Verbitskii. He highlights increasing demand and lost coins as catalysts for a...

Arthur Hayes Drives Solana Meme Coin Rally, FlowerAI’s Market Cap Jumps $8M After Social Media Post

FlowerAI surged over 35% after Arthur Hayes post, bringing its market cap to $30 million. The promotion highlights the continued dominance of Solanas meme coin ecosystem, which is outperforming Ethereum in decentralized...
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