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US SEC delays decision on Solana ETF proposals from Bitwise and 21Shares to October
The postponement by the regulatory agency on Solana fund applications may impact investment opportunities and market strategies related to this cryptocurrency in the coming months.
Read Full Article →Eli Lilly hikes UK price of blockbuster weight loss drug Mounjaro by up to 170%
The substantial increase in the cost of Mounjaro reflects a strategic pricing adjustment by Eli Lilly, which may influence overall expenditure within the UK pharmaceutical market d...
Read Full Article →Intel has 18 months to determine its future — or Qualcomm and Arm will
Intel faces a critical decision within the next 18 months that could significantly impact its market position, potentially allowing competitors like Qualcomm and Arm to gain a stro...
Read Full Article →David Bailey’s Nakamoto and KindlyMD close merger for Bitcoin treasury
The combination of these two firms highlights an increasing corporate interest in holding Bitcoin as part of their financial reserves, reflecting a broader movement among businesse...
Read Full Article →Can Stocks Keep Rising? Here Are Cases For—And Against—More Gains for the S&P 500
The future performance of the S&P 500 holds important implications for investors' portfolios, affecting market confidence, asset values, and overall economic outlook based on vario...
Read Full Article →Dow Jones Today: Stocks Slip From Record Highs as Hot PPI Inflation Report Tempers Rate-Cut Expectat...
Investor sentiment adjusted as elevated producer price inflation data reduced optimism for imminent interest rate reductions, resulting in a modest decline in major stock market in...
Read Full Article →Bullish’s stock is still rallying, as the IPO market refuses to take a summer break this year
Despite August usually being a slow period for public offerings, strong performances from companies like Bullish, Figma, and Firefly Aerospace are driving increased activity and in...
Read Full Article →AI is becoming too expensive for Web3 devs: Report
The rising costs associated with integrating advanced AI technologies are increasingly creating financial challenges for Web3 developers, extending beyond limitations previously ca...
Read Full Article →BtcTurk’s $48m hack compounds crypto’s bleak summer of security failure
The recent breach at Turkey’s second-largest digital currency platform adds to substantial monetary losses this summer, highlighting ongoing vulnerabilities and challenges in safeg...
Read Full Article →Strategy stock crashing despite Bitcoin price hitting ATH: here’s why
The decline in the company's stock price highlights a disconnect between investor confidence in its shares and the recent surge in Bitcoin’s market value, suggesting other factors...
Read Full Article →Ether price prediction markets bet ETH will hit $5K by end of August
Market participants on prediction platforms are forecasting that the value of Ether could reach $5,000 by late August, indicating significant investor optimism about the cryptocurr...
Read Full Article →Polkadot steady at $3.75 as bulls eye $5.09 break and run to $7.67
Polkadot’s ability to maintain support around $3.75 suggests potential for upward momentum, indicating investors may anticipate further gains if it surpasses key resistance levels...
Read Full Article →Arbitrum crypto sees slight pullback, bulls hold price above $0.50
The recent decline in Arbitrum’s value followed a brief surge to a multi-month high, with investors maintaining confidence by keeping prices stable around the half-dollar mark amid...
Read Full Article →Union asks lawmakers to help Boeing defense workers on strike
The IAM Union appealed to Missouri legislators to support ongoing negotiations with Boeing, aiming to address the financial impacts experienced by thousands of defense employees in...
Read Full Article →Cost of weight-loss drug Mounjaro could rise significantly
The price increase for the weight-loss medication Mounjaro in the UK may lead to higher overall expenses, though the direct financial burden on patients might remain relatively mod...
Read Full Article →Tapestry shares plunge 15% as Coach parent says tariffs will bite into profits
Tapestry anticipates that increased import taxes amounting to $160 million annually will adversely affect its earnings forecast, leading to a substantial decline in the company’s s...
Read Full Article →John Deere forecasts $600 million in tariff impacts this year
John Deere anticipates substantial financial challenges this year due to increased import taxes, which are expected to significantly affect their overall profitability despite stro...
Read Full Article →Ethereum Suited for 'Meteoric' Stablecoin Growth, JPMorgan Says
JPMorgan highlights Ethereum's potential to support rapid expansion in stablecoin usage, coinciding with a significant 50% price increase in the past month.
Read Full Article →Klarna credits AI for revenue boost as its growth surges
The company reported a 20% increase in second-quarter sales, attributing this financial improvement to the implementation of artificial intelligence technologies that have positive...
Read Full Article →What's behind the $8 billion hit to Saudi Arabia's massive wealth fund
Despite recent challenges resulting in substantial losses, Saudi Arabia's sovereign wealth fund experienced a notable increase in assets last year, reinforcing its position among t...
Read Full Article →US Justice Department unseals warrant to seize millions in crypto from alleged ransomeware operator
The recent legal action enables authorities to confiscate a substantial amount of digital assets linked to criminal activity, potentially disrupting illicit financial flows and imp...
Read Full Article →Consumers are losing patience with $17 salads. Have we reached peak ‘slop bowl’?
Recent earnings from prominent fast-casual restaurants triggered unprecedented stock declines, highlighting investor concerns amid a challenging period for the sector and renewed i...
Read Full Article →Westminster forgets that inflation matters
Rising prices impact everyday consumers directly, highlighting a gap between political leaders’ perceptions and the financial challenges faced by the general public.
Read Full Article →Apple Watch getting redesigned blood oxygen feature following legal dispute
Apple is updating the blood oxygen functionality of its smartwatch after a legal ruling determined that certain sensor technologies infringed on another company's patented innovati...
Read Full Article →Ford Bets on a "Model T Moment" with $30K Electric Pickup
Ford aims to capitalize on affordable electric trucks by utilizing a new universal platform designed to reduce production costs, potentially increasing profitability and market com...
Read Full Article →APT Miner launches next-generation contracts
APT Miner introduces innovative agreements that provide consistent daily income from mining activities, enabling investors to navigate cryptocurrency fluctuations with reduced risk...
Read Full Article →US wholesale prices jump in July as tariffs hit
In July, the rapid increase in costs faced by manufacturers indicates potential inflationary pressures that may lead to increased expenses for end consumers and impact overall econ...
Read Full Article →Farmers ask for inheritance tax meeting with Rachel Reeves
The review of inheritance tax modifications highlights potential challenges in addressing wealth protection through farmland acquisitions, prompting agricultural representatives to...
Read Full Article →Foxconn, the largest iPhone manufacturer, churned record profit building AI servers
Foxconn experienced substantial financial gains attributable to its AI server production, with the company anticipating a significant increase in revenue from this sector in the up...
Read Full Article →Economist Sumerlin confirms he's in the running for Fed chair, backs big interest rate cut
Economist Sumerlin, a potential candidate for Fed chair, emphasized on CNBC that implementing a substantial reduction in the central bank's benchmark interest rate is currently a s...
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