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Tech - Page 46

Business/International/Latest News/Tech

Trump Pushes to Repeal CHIPS Act, Calls for Debt Reduction Instead

Former U.S. President Donald Trump has called for the repeal of the CHIPS and Science Act, arguing that the funds allocated for semiconductor manufacturing should be redirected to national debt reduction. His

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by Tim Ashour
March 5, 2025March 5, 2025
Business/Crypto/Latest News/Tech

Bitcoin’s Volatile Ride Following Trump’s Cryptocurrency Reserve Proposal

Bitcoin saw a surge and subsequent drop following former U.S. President Donald Trump’s announcement of a national cryptocurrency reserve. The move initially fueled optimism, but uncertainty over the details led to a

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by Mary Davenport
March 5, 2025March 5, 2025
Business/Crypto/Latest News/Tech

El Salvador Adjusts Bitcoin Strategy as BTC Consolidates Around $82,000

El Salvador, once a pioneer in integrating Bitcoin into its economy, has recently adjusted its approach. Previous policies had emphasized the adoption of Bitcoin as legal tender, but evolving economic conditions and

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by Mary Davenport
March 4, 2025March 4, 2025
Business/Crypto/Latest News/Tech

Global Markets React to Cryptocurrency Reserve Announcement and Trade Uncertainty

Markets opened the week with cautious gains as investors reacted to a range of economic developments, including a significant announcement regarding cryptocurrency reserves. The news triggered a surge in digital asset values,

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by Tim Ashour
March 3, 2025March 6, 2025
Business/Crypto/Latest News/Tech

Trump Announces Five Cryptocurrencies for U.S. Strategic Reserve, Triggering Huge Rally

In a major shift in financial strategy, five digital assets have been selected for inclusion in a newly proposed U.S. strategic reserve of cryptocurrencies. The announcement sent shockwaves through the crypto market,

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by David H. Shepardson
March 3, 2025March 3, 2025
Business/International/Latest News/Tech

DeepSeek Reveals Cost and Revenue Estimates for AI Models V3 and R1

Chinese AI startup DeepSeek has shared new insights into the financial performance of its popular V3 and R1 models, revealing a significant theoretical cost-profit ratio. However, the company cautioned that actual earnings

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by David H. Shepardson
March 2, 2025March 2, 2025
Business/Crypto/Latest News/Tech

Bitcoin ETFs Record First Inflow in Nine Trading Days Amid Rally to $86,000

After experiencing nine consecutive trading sessions of capital outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a shift in momentum with a notable inflow. This development coincided with Bitcoin’s price rebounding from

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by Mary Davenport
March 2, 2025March 2, 2025
Business/Crypto/Latest News/Tech

BlackRock Expands Bitcoin ETF Offering in Model Portfolios

BlackRock, the global investment management firm overseeing $11.5 trillion in assets, has integrated its Bitcoin exchange-traded fund (ETF) into its model portfolio product. This move, reported on February 28, is expected to

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by Mary Davenport
March 1, 2025March 1, 2025
Business/International/Latest News/Tech

JPMorgan CEO Defends Elon Musk’s DOGE Amid Criticism

JPMorgan Chase CEO Jamie Dimon has publicly expressed support for initiatives aimed at enhancing government efficiency, notably the Department of Government Efficiency (DOGE) led by Elon Musk. This endorsement comes as Dimon

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by Mary Davenport
February 27, 2025February 27, 2025
Business/International/Latest News/Tech

Nvidia’s Earnings Report Looms Amid AI Infrastructure Spending, DeepSeek Worries

Nvidia (NVDA) is set to release its highly anticipated fourth-quarter earnings report, with investors keenly watching its performance in the artificial intelligence (AI) sector. As the dominant force in AI chips, Nvidia

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by David H. Shepardson
February 26, 2025February 26, 2025
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