The tech giant, Intel, has just received a huge boost after the announcement of a whopping $3 billion in direct funding from the CHIPS and Science Act. This influx of cash will go towards the Secure Enclave program, which is focused on creating innovative projects for the U.S. Department of Defense.
The stock market is known for its unpredictability, but Monday's performance was particularly dramatic. Stock futures took a nosedive, with the Nasdaq-linked contracts leading the charge. So, what's behind this sudden downturn? To start, last week's weaker-than-expected jobs data has left investors
Recession Fears Sink Crypto Market, But Is It Just a Blip on the Radar? The crypto market has taken a tumble, with Bitcoin and US cryptocurrency-related shares plummeting in value. But is this a sign of impending doom or just a normal correction in an otherwise volatile market? To answer this quest
The cryptocurrency market is notorious for its volatility, and Bitcoin is no exception. Recently, its price plummeted from $70,000 to around $50,000, leaving many investors wondering what's next for this digital darling. But, in a remarkable turn of events, Bitcoin's price has rebounded back to $60,
In the midst of a broader market selloff, investors are pulling their money out of Bitcoin ETFs at an alarming rate. More than $287 million was withdrawn from the 11 U.S.-listed ETFs on Tuesday, the largest outflow in four months, according to Farside Investors data. This sudden exodus raises questi
As investors eagerly await the Federal Reserve's policy meeting, stock futures are experiencing a lukewarm response. Will the central bankers' decision to cut interest rates for the first time since 2020 be the spark that sets the market ablaze? Or will it be a mere afterthought in the grand scheme
In the world of cryptocurrency, the stakes are always high, and the market is always watching for any signs of turbulence. But when Vice President Kamala Harris delivered a strong performance in the recent presidential debate, it sent shockwaves through the crypto community. The market reacted swift
When it comes to investing in dividend-paying stocks, many investors focus on the yield without considering the larger picture. Two stocks that buck this trend, and offer a compelling investment opportunity, are Alphabet (GOOG) and Caterpillar (CAT). Both companies have a long history of increasing
The recent equity rotations have been painting a grim picture for the US economic growth outlook. Goldman Sachs' Chief US Equity Strategist David Kostin and his team have downgraded their growth outlook, citing disappointing labor market reports and a shift in the Federal Reserve's focus from inflat
The electric car giant's plan to launch its Full Self-Driving (FSD) technology in China and Europe by Q1 2025 has raised eyebrows. The timeline, while pending regulatory approval, represents a slight delay from earlier expectations of a 2024 rollout. So, what's behind the hold-up? And what does this
