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Topic: Crypto (946)

White House To Host 2025 Digital Assets Summit With Key Crypto Leaders Including Michael Saylor Δ1.70

The White House will convene a Digital Assets Summit on March 7, 2025, featuring prominent cryptocurrency figures such as Michael Saylor and Ripple CEO Brad Garlinghouse, to discuss the integration of digital currencies into the U.S. financial system. This summit aims to explore regulatory frameworks, the role of central bank digital currencies, and the strategic use of cryptocurrencies as the government seeks to adapt to the evolving digital asset landscape. Saylor's optimistic projections for Bitcoin's market cap underscore the increasing weight of the cryptocurrency industry in shaping governmental policies.

The Pet Industry Gets Tech-Savvy: GlocalMe's PetPhone Revolutionizes Pet Tracking Δ1.62

GlocalMe has unveiled the PetPhone, a smartphone collar designed specifically for pets, which can recognize actions such as barking and alert owners to unusual behavior. The device features tracking sensors that leverage GPS, Wi-Fi, and Bluetooth to monitor pets' locations in real-time, providing owners with peace of mind. The PetPhone's AI-based action recognition capabilities also enable the detection of activities like running, eating, or sleeping.

SoftBank’s Arm to Drive Malaysia’s $270 Billion Chip Goals Δ1.62

Arm Holdings Plc has entered a decade-long agreement with Malaysia to provide essential chip designs and technology, aiming to elevate the nation from mere chip assembly to advanced semiconductor production. The Malaysian government plans to invest $250 million in this partnership to foster local chip design capabilities and achieve ambitious semiconductor export targets of 1.2 trillion ringgit by 2030. This initiative is expected to significantly boost Malaysia's GDP and establish a robust tech ecosystem centered around homegrown chipmakers.

Under the Hood of Data Sovereignty Δ1.62

Organizations are increasingly grappling with the complexities of data sovereignty as they transition to cloud computing, facing challenges related to compliance with varying international laws and the need for robust cybersecurity measures. Key issues include the classification of sensitive data and the necessity for effective encryption and key management strategies to maintain control over data access. As technological advancements like quantum computing and next-generation mobile connectivity emerge, businesses must adapt their data sovereignty practices to mitigate risks while ensuring compliance and security.

Oil Settles Down More Than 2% After US Crude Stocks Build, OPEC+ Hike, US Tariffs Δ1.61

Oil prices have experienced a decline for the fourth consecutive session, influenced by a larger-than-expected build in U.S. crude stockpiles and concerns over OPEC+'s decision to increase output. Brent crude settled at $69.30 per barrel, while U.S. West Texas Intermediate dropped to $66.31, both touching multi-year lows earlier in the session. The combined impact of rising inventories and U.S. tariffs on Canada, China, and Mexico has heightened fears of a slowdown in energy demand.

ChromaDex Corp (CDXC) Q4 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Advances Δ1.62

ChromaDex Corp reported a remarkable 37% revenue increase in Q4 2024, achieving $29.1 million, alongside a significant net income turnaround of $7.2 million. The company ended the year with strong cash reserves of $44.7 million and no debt, although it faces ongoing supply chain challenges and competitive pressures. E-commerce sales and the NIAGEN ingredient business saw substantial growth, indicating positive market reception despite regulatory and competitive hurdles.

Whisper It and It's Back: Recession Risk Creeps Onto Markets' Radar Δ1.60

Global growth concerns have resurfaced in financial markets, driven by weakening U.S. economic indicators and escalating trade tensions that have dampened consumer and business confidence. While economists do not currently predict a recession, the recent downturn in consumer sentiment and U.S. manufacturing activity has led investors to adopt a more cautious stance, resulting in reduced equity exposure amid fears of slowing growth. As hedge funds shift their strategies and central banks face pressure to adjust interest rates, the outlook for the U.S. economy becomes increasingly uncertain.

China Ramps Up Stimulus to Guard Economy From Changes 'Unseen in a Century' Δ1.61

China has introduced additional fiscal stimulus measures aimed at bolstering consumption and mitigating the adverse effects of an escalating trade war with the United States, with a growth target set at around 5%. Premier Li Qiang highlighted the urgency of addressing the "unseen" global changes and the impact on China's trade, technology, and household demand, emphasizing the need for a shift from an export-driven model to one that prioritizes internal consumption. Despite increased government spending plans, analysts express skepticism about the effectiveness of these measures in generating significant consumer demand.

Tesla, Inc. (TSLA) Among the Best Stocks To Invest In According to Billionaires Δ1.63

Tesla, Inc. (NASDAQ:TSLA) stands out among other stocks as a top investment choice according to billionaires and top hedge fund managers, who have invested large sums in leading companies with strong track records. The company's exceptional performance has caught the attention of investors, including billionaire investor Warren Buffett, who sold a record $134 billion of net stock in 2024. However, this move has raised concerns about potential market underperformance in 2025.

Stocks Climb as Trump to Delay Some Auto Tariffs; Euro Up Δ1.61

U.S. stock indexes experienced a notable increase following President Donald Trump's announcement to temporarily exempt automakers from a 25% tariff on imports from Canada and Mexico. The decision contributed to a decline in the U.S. dollar while the euro reached its highest level in four months, buoyed by significant infrastructure funding in Germany. Despite this positive market response, concerns linger regarding the administration's inconsistent messaging and the potential impact of ongoing trade tensions.

Xiaomi: Software Update Adds New Features to Affordable Smartphone Δ1.61

Xiaomi's Poco F6 is receiving an extensive software update globally, enhancing user experience with improvements to animations and new functionalities. The update, which is being rolled out gradually, allows users to adjust flashlight brightness and offers a new app arrangement option in a 4 x 6 grid. User feedback indicates that the update significantly enhances the smartphone’s performance, particularly in terms of smoothness and responsiveness.

Why Super Micro Computer Stock Soared Today Δ1.62

Super Micro Computer stock ended Tuesday's trading with big gains as investors bought back into some artificial intelligence (AI) stocks after measuring risk factors surrounding new tariffs and other bearish catalysts. The company's share price also got a boost from news that Taiwan Semiconductor Manufacturing will spend $100 billion to build five new chip fabrication plants in Arizona, which could alleviate concerns about access to high-end chip manufacturing services. However, geopolitical dynamics remain a key risk factor for Supermicro stock.

Best Buy Stock Plunges as the Chain Braces for Trump Tariff Impact Δ1.60

Best Buy's stock experienced a significant decline of 13% as investors reacted to the uncertainties surrounding new tariffs imposed on consumer electronics by the Trump administration. CEO Corie Barry highlighted that a substantial portion of the company's products are sourced from China and Mexico, making them particularly vulnerable to these tariffs, which could negatively impact sales growth. Despite a solid 2025 guidance excluding tariffs, the prevailing market anxiety reflects broader concerns over the potential effects of trade policies on retail performance.

Thales Warns Governments over Reliance on Starlink-Type Systems Δ1.61

Thales CEO Patrice Caine has highlighted the risks of relying too heavily on private satellite constellations, specifically Starlink, citing frequent renewal of satellites and questions over profitability. This warning comes as European governments increasingly turn to space-based services for government links, with many backing systems that are more directly controlled by the state. The reliance on outside services raises concerns about reliability, visibility, and stability.

Lithium Americas Corp. (LAC) Rises As Market Takes a Dip: Key Facts Δ1.61

Lithium Americas Corp. (LAC) closed the most recent trading day at $2.56, moving +1.59% from the previous trading session, as investors took advantage of the market downturn to buy into the lithium producer. The company's stock outpaced the S&P 500's daily loss of 1.22%, and its upcoming earnings disclosure will be closely watched for its impact on investor sentiment. Furthermore, recent analyst revisions suggest a favorable outlook for the company's business health and profitability.

Google Unveils Satellite Connectivity and AI Upgrades via Feature Drop Δ1.61

Google has released a major software update for Pixel smartphones that enables satellite connectivity for European Pixel 9 owners. The latest Feature Drop also improves screenshot management and AI features, such as generating images with people using artificial intelligence. Furthermore, the Weather app now offers pollen tracking and an AI-powered weather forecast in more countries, expanding user convenience.

Portable Power on the Go with Sanjinzy's Display-Covered Power Bank Δ1.61

A new power bank has been launched via crowdfunding, featuring a compact design and display. The retractable cable and wireless charging capabilities support quick wired and wireless charging, but have limitations. The power bank can be used to charge smartphones and other small devices wirelessly or through its integrated USB cable.

The Crypto Industry Got What It Paid For Δ1.73

President Donald Trump's proposal for a U.S. Crypto Reserve aims to reward his billionaire crypto donors while potentially undermining the U.S. dollar's position as the world's reserve currency. Critics argue that this initiative could lead to taxpayer-funded bailouts for volatile cryptocurrencies, which are often associated with criminal activities and speculative trading. The proposal raises concerns about the implications for fiscal policy, economic stability, and the effectiveness of U.S. regulatory authority over digital assets.

The Rise of AI-Powered Social Apps: Pie's Innovative Approach to Friendship Δ1.60

Pie, the new social app from Andy Dunn, founder of Bonobos, uses AI to help users make friends in real life. With an increasing focus on Americans' level of loneliness, Pie is providing a solution by facilitating meaningful connections through its unique algorithm-driven approach. By leveraging technology to bridge social gaps, Pie aims to bring people together and create lasting relationships.

Avoid Unexpected Credit Card Charges With My Ultimate Online Shopping Hack Δ1.61

Using virtual cards can significantly enhance online shopping security by allowing consumers to manage their spending and limit exposure to fraud. Services like Privacy.com enable users to create virtual card numbers with specific spending limits, making it easier to handle subscriptions and free trials without the risk of unexpected charges. This method not only protects personal financial information but also offers peace of mind when dealing with unfamiliar vendors.

The Rise of Android 16 Sparks Concerns About Hasty Innovation Δ1.61

Android 16 is expected to arrive sooner than anticipated, with Google committing to a June release date despite its usual fall schedule. This accelerated timeline is largely due to the company's new development process, Trunk Stable, which aims to improve stability and speed up feature testing. While the exact details of Android 16 are still scarce, early betas have introduced features such as Live Updates, improved Google Wallet access, and enhanced camera software.

Jim Cramer on CrowdStrike Holdings, Inc. (CRWD): ‘I Think That Crowdstrike Is Up’ Δ1.63

Jim Cramer expressed optimism regarding CrowdStrike Holdings, Inc. during a recent segment on CNBC, where he also discussed the limitations he encountered while using ChatGPT for stock research. He highlighted the challenges of relying on AI for accurate financial data, citing specific instances where the tool provided incorrect information that required manual verification. Additionally, Cramer paid tribute to his late friend Gene Hackman, reflecting on their relationship and Hackman's enduring legacy in both film and personal mentorship.

Klarna CEO Doubts That Other Companies Will Replace Salesforce With AI Δ1.61

Klarna's CEO Sebastian Siemiatkowski has reiterated his belief that while his company successfully transitioned from Salesforce's CRM to a proprietary AI system, most firms will not follow suit and should not feel compelled to do so. He emphasized the importance of data regulation and compliance in the fintech sector, clarifying that Klarna's approach involved consolidating data from various SaaS systems rather than relying solely on AI models like OpenAI's ChatGPT. Siemiatkowski predicts significant consolidation in the SaaS industry, with fewer companies dominating the market rather than a widespread shift toward custom-built solutions.

Trump Trade Dominates Markets Post-Election but Now Flounders Δ1.62

The euphoria that drove stocks to record levels following Donald Trump's presidential win has evaporated as recent tariff escalations and disappointing data spark fears of slow economic growth and stubbornly elevated inflation. The market's reaction to the latest tariffs on Canada, Mexico, and China has been particularly disappointing, erasing about $3.3 trillion in market cap since its record closing high. The S&P 500 is down around 2% since the start of 2025, while the Nasdaq Composite is off nearly 6%.

Hackers Launder Most of Bybit's Stolen Crypto Worth $1.4B Δ1.69

The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation. This digital heist is considered one of the largest in history, with blockchain monitoring firms and researchers accusing the North Korean government of being behind it. The hackers' ability to launder the funds quickly highlights the challenges for investigators trying to track down the stolen cryptocurrency.

Google Pixel 9a Hits FCC Database, Confirming Key Hardware Δ1.63

The Google Pixel 9a has appeared in the FCC database, revealing significant hardware features such as NFC, wireless charging, and satellite connectivity. This mid-range smartphone is poised to be the first in its category to support satellite calls, following in the footsteps of more premium models like the Pixel 9 and Pixel 9 Pro. As anticipation builds for its official launch, the Pixel 9a's specifications indicate a strong competitive edge in the mid-range market.

The 3 Biggest Opportunities You'll Regret Ignoring in 2025 Δ1.61

In 2025, three significant opportunities are poised to reshape the business landscape, focusing on AI agents, personal branding, and their combination for innovative growth. The article emphasizes that these opportunities are accessible to anyone, regardless of their current experience level, and highlight the importance of solving specific problems for defined audiences. By leveraging these trends, individuals can position themselves for success in an increasingly competitive market.

China Doubles US Research Output on Next-Gen Chips Amid Export Bans Δ1.62

A recent study reveals that China has significantly outpaced the United States in research on next-generation chipmaking technologies, conducting more than double the output of U.S. institutions. Between 2018 and 2023, China produced 34% of global research in this field, while the U.S. contributed only 15%, raising concerns about America's competitive edge in future technological advancements. As China focuses on innovative areas such as neuromorphic and optoelectric computing, the effectiveness of U.S. export restrictions may diminish, potentially altering the landscape of chip manufacturing.

DOGE's Budget Bonanza Raises Red Flags Δ1.63

U.S. President Donald Trump's Department of Government Efficiency (DOGE) has saved U.S. taxpayers $105 billion through various cost-cutting measures, but the accuracy of its claims is questionable due to errors and corrections on its website. Critics argue that DOGE's actions are driven by conflicts of interest between Musk's business interests and his role as a "special government employee." The department's swift dismantling of entire government agencies and workforce reductions have raised concerns about accountability and transparency.

Samsung Galaxy Tab S10 FE and Galaxy Tab S10 FE Plus Upgrades Described in New Leaks Δ1.60

New design concepts for the Galaxy Tab S10 FE series are minimal, with the older models remaining largely unchanged. Based on leaked information, Samsung plans to release two new tablets with Galaxy Tab S10 FE branding later this year, featuring faster chipsets, 5G connectivity, and upgraded storage options. The FCC certification of these tablets suggests a US release is imminent.

Donald Trump’s Not-So-Strategic Crypto Reserve Δ1.76

When US President Donald Trump identified several cryptocurrencies for potential inclusion in a national strategic reserve, it ignited a trading frenzy and raised questions about potential favoritism. The selected currencies include bitcoin, XRP, Solana, Cardano, and Ether, which have already seen significant market reactions following Trump's announcement. This development highlights the intersection of politics and cryptocurrency, where government decisions can dramatically influence market dynamics.

Google’s March Pixel Drop Is Here with a Ton of Android Upgrades Δ1.61

Google's latest Pixel Drop introduces significant enhancements for both Pixel and non-Pixel devices, including AI-powered scam detection for text messages and expanded satellite messaging capabilities. The Pixel 9 series gains new features like simultaneous video recording from multiple cameras, enhancing mobile content creation. Additionally, the AI scam detection feature will be available on all supported Android devices, providing broader protection against fraudulent communications.

Google’s March Pixel Drop Introduces AI-Powered Features and Location Sharing Δ1.62

Google's latest Pixel Drop update for March brings significant enhancements to Pixel phones, including an AI-driven scam detection feature for calls and the ability to share live locations with friends. The update also introduces new functionalities for Pixel Watches and Android devices, such as improved screenshot management and enhanced multimedia capabilities with the Gemini Live assistant. These updates reflect Google's commitment to integrating advanced AI technologies while improving user connectivity and safety.

The NAND Market Faces Further Decline in 2025 Δ1.62

The NAND market experienced a significant revenue loss of 6.2% in Q4 2024, driven primarily by weak consumer demand, according to the latest TrendForce report. This decline is expected to persist into Q1 2025, with forecasted revenues projected to drop by a further 20%. The weakening trend in NAND flash shipments and ASPs, which dropped by 4% quarter-over-quarter, reflects the impact of excess inventory on manufacturers.

Chinese Ride-Hail Firm Didi Seeks $5B Valuation for Self-Driving Unit Δ1.60

Didi Autonomous Driving, a key player in China's autonomous vehicle market, is reportedly seeking fresh funding for its technology unit at a valuation of $5 billion. The company has raised a total of $1.55 billion to date and is testing a fleet of over 200 autonomous vehicles across several Chinese cities. Didi's plans to expand production and commercialize its robotaxis are expected to be funded through the upcoming investment round.

Stock Market Today: Dow, S&P 500, Nasdaq Wipe Out Trump-Led Gains as Tariff Sell-Off Continues Δ1.61

U.S. stock markets have erased all post-election gains as new tariffs on Canada, Mexico, and China took effect, leading to a significant sell-off across major indexes. The Dow Jones Industrial Average fell approximately 1.5%, while the S&P 500 and Nasdaq Composite experienced similar declines amid rising fears of a trade war. Investor sentiment has shifted dramatically, with concerns over inflation and growth overshadowing the earlier optimism surrounding pro-business policies.

Stock Market Today: Dow, S&P 500, Nasdaq Wipe Out Trump-Led Gains as Tariff Sell-Off Continues Δ1.63

U.S. stock markets have experienced a significant downturn as fresh tariffs on Canada, Mexico, and China have taken effect, erasing all post-election gains under President Donald Trump. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all recorded steep declines, reflecting investor fears of a prolonged trade war and its implications for economic growth. The situation has led to speculation about potential Federal Reserve interest rate cuts, further complicating the outlook for investors.

Tap Into the Burgeoning Bitcoin Economy with Fold Holdings – Initiation Report Δ1.75

Fold Holdings, Inc. is poised to capitalize on the growing demand for cryptocurrencies by offering a unique blend of business lines tied to the increasing popularity of Bitcoin among investors and everyday shoppers. The company's significant holdings of over 1000 BTC provide a valuation floor and opportunity to ride further appreciation of the cryptocurrency. By providing BTC rewards for retail shopping transactions, trading services, and efficient custody solutions, Fold is well-positioned to profit from a broadened interest in cryptocurrencies and an improving regulatory framework.

Blackstone Out of Race for India's Haldiram's over Valuation Concerns Δ1.63

Haldiram's snacks business is estimated to hold a near 13% share of India's $6.2 billion savoury snacks market, with valuation being a key sticking point in the deal talks between Haldiram's and Blackstone. The private equity investor had initially wanted around a 15% stake at a valuation of roughly $8 billion, but negotiations ultimately failed to bridge the gap. Rival bidder Temasek remains in the race to acquire a minority stake in the business.

Bitcoin Boom Spreads to New Market with Fold Holdings Δ1.74

The emergence of Fold Holdings, Inc., a publicly-traded financial services company, marks a significant development in the growth of the Bitcoin economy. By integrating both Bitcoin ownership and business lines, the company is poised to capitalize on the increasing popularity of cryptocurrencies among investors and everyday shoppers. With its unique positioning between traditional banking services and the digital asset economy, Fold Holdings has established itself as a one-stop shop for the growing cryptocurrency community.

TSMC Commits to US Investment with Conditions Δ1.61

TSMC's $100 billion investment in the United States is seen as a significant move for the U.S. chipmaking industry, but it does not signal a complete shift of Taiwanese operations away from the country. The new investment will be spread across several advanced fabs and research centers, with only 5-7% of total output expected to come from U.S.-based facilities. Taiwan's strong commitment to TSMC is reflected in its leadership's statements emphasizing the importance of the company's growth to the nation's GDP.

A New Version of Monopoly Replaces Cash and Math with a Mobile App Δ1.62

Hasbro has introduced a new version of Monopoly that eliminates cash transactions by utilizing a mobile app to manage all financial aspects of the game. This reimagined edition aims to make the game more appealing to younger audiences and reduce opportunities for cheating, but it raises concerns about the diminishing role of traditional gameplay without screens. With updated properties and mini-games to enhance engagement, Monopoly App Banking will be available in August 2025 for $24.99, although it may challenge the educational value parents seek in the classic game.

BYD Pegs Tesla as an Ally in the Fight Against the Gas Engine as It's Ready to Share EV Technology Δ1.60

BYD is willing to share its electric vehicle (EV) and autonomous driving technologies with key rivals like Tesla, as long as that helps advance the self-driving electric vehicle cause. It started by giving away its Tesla FSD equivalent for free. BYD, which became the world's largest electric vehicle maker last quarter at the expense of Tesla, said that it is ready to share technology if that will help to advance the industry as a whole.

OpenAI Launches $50M Grant Program to Help Fund Academic Research Δ1.61

OpenAI has introduced NextGenAI, a consortium aimed at funding AI-assisted research across leading universities, backed by a $50 million investment in grants and resources. The initiative, which includes prestigious institutions such as Harvard and MIT as founding partners, seeks to empower students and researchers in their exploration of AI's potential and applications. As this program unfolds, it raises questions about the balance of influence between OpenAI's proprietary technologies and the broader landscape of AI research.

Venture Capital to Women-Founded Startups Declines but Finds Glimmer of Hope Δ1.61

Despite a decline in venture capital funding for women-founded startups, which dropped by 12% in 2024, the report found that female founders are increasingly successful in deep tech sectors. According to Female Foundry's report, women who founded deep tech startups are raising more than men in this area, and these startups are securing significant investments. The report also highlights areas of innovation such as synthetic biology, generative AI, and drug development.

Tariffs Spark Cross-Border Trade Chaos, Startup Swap Seeks to Help with $40M Funding Δ1.65

Swap, a London-founded startup building tools for e-commerce companies to navigate cross-border trade, has secured $40 million in funding to expand its platform. The company aims to address the challenges of tariffs and logistics management, allowing businesses to streamline their operations and reduce costs. With 500 brands already on board, Swap plans to develop software tailored to specific industries, including beauty and consumer technology.

Best of MWC 2025: Products that Stole Our Attention Δ1.61

The mobile industry is witnessing a surge in innovative products, including ultra-slim phones, unique laptop form factors, and futuristic camera systems, as major manufacturers showcase their latest offerings at Mobile World Congress 2025. Samsung Display's tri-fold gaming handheld and Nothing's affordable Pro variant have generated significant buzz, while Xiaomi's 200-megapixel camera and Lenovo's concept laptops are redefining the boundaries of mobile technology. The competition is heating up, with each manufacturer vying for attention in a crowded market.

Cava Stock Plunged 30% in February Δ1.61

Shares of Cava Group (NYSE: CAVA) experienced a significant decline of 30% in February due to negative investor sentiment regarding economic policies and disappointing management guidance for 2025. Despite reporting high growth figures, including a 37% increase in revenue for the fourth quarter, the market reacted unfavorably to forecasts of slowing comparable sales growth and the high valuation of the stock. With a forward P/E ratio of 122, investor confidence is under scrutiny as the company navigates rising costs and market expectations.

Eutelsat in Talks with EU to Ramp up Satellite Internet to Ukraine, as Shares Soar Δ1.60

Eutelsat is in advanced discussions with the European Union to supply additional internet access to Ukraine, driven by the prospect that its OneWeb satellites could replace Elon Musk's Starlink there. The surge in Eutelsat's shares reflects investors' optimism about the company's potential role in Europe's satellite autonomy efforts. As a result, the company is actively collaborating with European institutions and business partners to enable the swift deployment of additional user terminals for critical missions and infrastructure.

Dan Ives Says These 2 Stocks Are in the "Sweet Spot" Of the Artificial Intelligence (AI) Movement Δ1.63

Two AI stocks are poised for a rebound according to Wedbush Securities analyst Dan Ives, who sees them as having dropped into the "sweet spot" of the artificial intelligence movement. The AI sector has experienced significant volatility in recent years, with some stocks rising sharply and others plummeting due to various factors such as government tariffs and changing regulatory landscapes. However, Ives believes that two specific companies, Palantir Technologies and another unnamed stock, are now undervalued and ripe for a buying opportunity.