Amid Tech War Trumbles, Pre-CPI Jitters Ripple Across Trading Floors
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash MARKETSMonday’s US stock market session saw a mild retreat, spotlighted by Nvidia’s (NVDA) slip, a dip tied to a burgeoning antitrust probe in China. This pullback sets the stage for a potential macro pivotal week on Wall Street, as all eyes turn to the upcoming consumer inflation report—a key precursor to the Federal Reserve’s […]
Traders Bet On Volatility As The S&P 500 Falters
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The S&P 500 had its worst day in three weeks as it drifted lower by more than 0.5%. That number isn’t necessarily anything to write home about, but I’m seeing some things happening behind the scenes that, potentially, are ominous.Last week I gave you a signal from the volatility markets that we could […]
Russian lawmaker proposes national Bitcoin reserve
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A Russian lawmaker has proposed the creation of a national Bitcoin reserve to counteract sanctions and geopolitical risks. The proposal could influence other sanctioned countries to consider cryptocurrencies as tools for maintaining financial stability. Share this article A Russian lawmaker has proposed creating a national Bitcoin reserve to hedge against geopolitical risks and […]
How China’s Nvidia Investigation Could Reshape The AI Chip Industry
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash China has launched an investigation into Nvidia Corp. (NVDA), the US chipmaking giant, over potential violations of anti-monopoly laws.The probe focuses on Nvidia’s acquisition of Mellanox Technologies Ltd. in 2020 and the company’s recent activities, reflecting the intensifying tech trade conflict between Washington and Beijing. Nvidia’s Mellanox acquisition under scrutiny China’s State Administration […]
The Evil Cycles Of War And Economic Destruction
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As we approach what usually should be a blissful holiday period, the treacherous path the world is now on does not bode well for 2025 and beyond.Two global crises will dominate the world for at least several years and possibly decades. FINANCIAL CRISISThe crisis I have been discussing and writing about for many […]
Analysts See $200,000 Bitcoin By 2025 As Adoption Spikes
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Just a few short years (months?) ago, few would have believed it possible. But it happened: Bitcoin has traded above $100,000 for the first time ever.Global adoption of the world’s largest digital asset by market cap is getting harder to ignore. We’re no longer talking about magic internet money favored by tech enthusiasts. […]
Top 3 Korean Stocks To Buy After The Martial Law Fiasco
Dec 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Korea has already returned to “business as usual” despite the recent shock from President Yoon Seok Yul declaring an emergency martial law.While uncertainty still remains, investment firm Macquarie is convinced a number of Korean stocks are worth buying at current levels.These include Kia, Hanwha Aerospace, and SK Hynix.Here’s what each of these three names […]
Google’s quantum chip ‘Willow’ shatters records, compressing centuries of computing into minutes
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Google’s Willow quantum chip outperforms supercomputers solving tasks in 5 minutes vs. 10 septillion years. No real-world applications have been identified yet, but potential uses for Willow span medicine, energy, and AI, including drug discovery and fusion energy research. Share this article Google has unveiled its latest quantum chip, Willow, demonstrating unprecedented performance […]
What Paul Atkins as SEC Chair and David Sacks as Crypto Czar mean for the future of crypto
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Paul Atkins is expected to implement a lighter regulatory approach as SEC Chairman. David Sacks’ role as Crypto Czar could position the US as a leader in global crypto policy. Share this article With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House […]
OpenAI set to release Sora AI video generator to the public today
Dec 09, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways In a video uploaded earlier today, tech reviewer Marques Brownlee announced that OpenAI will roll out Sora, its AI video generation tool, to the public today. EU and UK users might face delays in accessing Sora, continuing OpenAI’s cautious regional rollouts. Share this article OpenAI’s AI video generation tool, Sora, is officially being […]